Company and Personal News

Reorganisation at Electrolux Italy

The largest appliance maker in Europe said it will close its factory in Scandicci, planned to eliminate about 750 jobs.   Electrolux is cutting costs to improve profit margins and...

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Apenta Marathon for drug free Hungary

After the running competition enquirers could taste several Apenta products and enjoyed the Apenta „water plays”.  Hungary's biggest marathon run started on 12 April and an event series to attract...

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Successful Hotels from Debrecen

After the Business Traveller's award, editorial of Népszabadság also found that the Hotel Lycium****, and the Aquaticum Debrecen Termál and Wellness Hotel**** are in the best 50 hotels in Hungary....

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Retro Big Mac By McDonald's Hungary

On the 20th years jubilee more than 1500 people bought almost 2600 Big Macs for retro prise HUF 43.  The first McDonald's restaurant opened in 1988 in Budapest, on the...

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First two Marché-Mol restaurants are open

Since 26 Mai two Marché-Bistro works on both side of M1 by Mosonmagyaróvár.   Every Marché-Bistro can serve 120 people in the same time, in both restaurant 50 staff wait...

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New organic food products from SPAR

There is an every day growing demand for healthy living and eating, as answer for it in Mai SPAR increased its privat label organic sortiment: Natur Pur.  The new Natur...

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Le Cube coffee mashines – elegancy and the passion

Le Cube has a highly stylised retro design in smart Red/Black or Aluminium colour finishes.  Adjustable grate/cup holder for preparing a short Espresso or a tall Latte Macchiato. The innovative...

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Polish firm on the Russian Vodka Market

Spirits producer CEDC will pay $157 million for a 40% stake in Russian Alcohol, which will ensure the company a leader position on the Russian market.  Central European Distribution Corp....

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Danone Launches Healthy Milk Project in Turkey

The Turkish branch of Danone, Danone Tikvesli, has inaugurated its “Healthy Milk Production Facility” in Yeniköy, in the region of Afyonkarahisar. The “Healthy Milk Production Facility” is in fact a...

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InBev Working on $46 Bln Anheuser Bid

According to Financial Times a financing package of $50 billion had already been provisionally arranged through JPMorgan and Santander.   When the two companies merge, the new company's value were...

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Informatic Developing by Pick Szeged

The new system gives up to date information about whole sales chain and the manufacturing to optimize the leader's dicission and the traders' work.   The Oracle business intelligence system...

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Kaufhof prepares to become independent

Metro earlier said it no longer sees Kaufhof's 126 domestic outlets and 15 stores in Belgium as part of its core business, but so far has not said what options...

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Delhaize Reiterates H2 Profit Forecast

Delhaize has reiterated that it expects profit growth in the second half of the year, and maintained full-year forecasts.  Delhaize expects EBIT to grow by 6 to 8% this year,...

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Piramis Center Foundation Stone in Tiszaújváros

After a few months first working 75% of the by Casaro Hungary built mall is let. Renters could move on November 2008.  In the 6,000 sqm plaza among others a...

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Germany's Intersnack Buys two Czech Firms

Intersnack, which employs nearly 500 staff, entered the Czech market in 1992 by acquiring a potato chips production facility from agricultural cooperative JZD Choustnik. Intersnack of Germany, its brand are:...

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Coca-Cola and PepsiCo Vow to Stop Targeting Adverts to Under-12s

Concerned by child obesity, the International Council of Beverages Associations (ICBA), which represents the global non-alcoholic beverage industry has adopted new guidelines on marketing to children. The ICBA said that...

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New owner at Shopping City Süd In Vienna

The Dutch-French Hans Dujsik Privatstiftung paid 607 million euros for the retail and leisure complex, like very much by Hungarian Consumers too.  With a total surface of approximately 300,000 m²,...

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High performance Vertical Pouch Packaging technology for ready meals

Cryovac® flexible pouches are made of fully co-extruded, multilayer, high barrier film.The technology results in hygienic packs that ensure prolonged shelf life, convenience and security.   Kivircik is the leading...

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Staropramen more than doubles profit to CZK 578.4m

Czech brewery, part of InBev, raised revenues from Kc3.56bn to Kc3.75bn and more than doubled the profit to Kc578.4m last year from Kc231.3m in 2006. Pivovary Staropramen is the second...

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150,000 euros Henkel assistance for the victims of the earthquake in China

Working closely with the Henkel sites in China, the company is already in the process of channeling a large portion of this emergency aid in the form of monetary and...

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Spar makes Harmony

The retail company published a new life style magazin for its consumers. With the new 32 sites premium issue Spar Hungary wants to mediate the healthy life style to its...

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Tornyos csárda Opening on Midsummerday in Lázár Park

The new venue will provide a much bigger area and freedom for socializing, while the quality catering offers a new culinary experience for the guests: oven, open fire grill and...

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HUF 11 billion Hunguest Hotel developing

The company is planning renovating six of its hotels in the country, most of them will be 4 stars, wellnes and conference resorts. The developments include the complete renovation of...

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Britvic 13% pre-tax profit increase

The company said its Irish drinks business, acquired from Magners maker C&C Group in August last year, was performing strongly, helping drive a 29pc increase in revenues to £455m in...

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Auchan wants a Bigger Presents in Russia

According to local government data French retailer plans to invest 320 million euros ( in expanding its store chains in the Moscow region.   Auchan has been present in the...

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Atradius Selected Best Credit Insurance Provider 2008

According to the judges of World Finance Magazine, Atradius is instrumental in offering reliable and efficient service that is useful for a wide range of different markets.  Atradius offers credit...

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Good start for Henkel

Revenues of Henkel rose by 1.7 per cent in the first quarter. All divisions contributed to growth. Organic increase, including the effects of changes in exchange rates, was 3.3 per...

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Environment-friendly detergents in flasks

Ladies & Gentlemen Hungary Kft. began distribution of Ecover products in the autumn of 2007. Ecover is the leading manufacturer of bio and eco-detergents. Ecover products are to be distributed...

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Széchenyi étterem

The centre of the historic city of Esztergom has been practically reborn in recent years. This restaurant in the city centre has been reopened with a new owner and a...

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Change in role

According to Éda Pogány from Coca-Cola Magyarország, per capita consumption of ice teas has produced a more than tenfold increase in Hungary since 2000, exceeding 10 litres in 2007. –...

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