Company and Personal News

Coca-Cola Invests $60 Million

Coca-Cola Co. will invest more than $60 million to build a plastic bottle recycling plant in Spartanburg, USA. The plant will produce 100 million pounds of food-grade recycled plastic for...

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Unilever has developed more salt-reduced products

The range of products within the Pot Noodle brand will now contain 50 per cent less salt than in 2005, continuing the company's programme to reduce salt levels in all...

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PepsiAmericas has set up a joint venture in Bulgaria

The american beverage company, which initially owns 20% of the joint venture, said that the new arrangements with Agrima will result in PepsiAmericas owning 100% of the joint venture as...

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Turo Rudi production in China

EU-Milk Technologies Kft. made a joint venture with a chinese agriculture company to process milk products as the famous hungarian Turo Rudi (curded cold sweets), yoghurt and kefir. The company,...

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Nestlé has lined up the acquisition of a mineral water company

Upon completion of the deal, Nestlé_Waters will control slightly less than 25% of the Swiss bottled water market.  The food and drinks giant confirmed today that it has agreed with...

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Unilever to cut 10-12,000 jobs in Europe

Unilever's announcement in August that it would cut up to 11 pct of its workforce over the next four years as part of the 'One Unilever' programme.   Anglo-Dutch consumer...

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Dunkin' Donuts develops new zero trans oil

US-based Dunkin' Brands has developed a new oil in order to create trans-free fat bakery products without sacrificing quality, flavour and taste, the company said this week.   The Dunkin'...

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Robot waiters in the Baggers

A restaurant in Nuremberg, in Germany has taken a radical step to eliminate slow service and surly waiters — it has replaced them with a fully automated rail link.  Dishes...

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“Challenging” UK, US but InBev still up in Q2

The Belgium-based brewer has reported a strong showing in its second quarter, despite “challenging conditions” in both the UK and US.   Sales in the period rose by 7.6% in...

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Coca-Cola to close concentrates plant near to Dublin

The beverage giant would shut down one of its three ingredients plants in Ireland. The company will shift the production of concentrates from the 30-year-old plant in Drogheda, north of...

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Marche restaurants and WIFi on the MOL gas stations

In joint venture with Marche International restaurant chain MOL will open six restaurant besides of the most busy motorways. From this year the oil company offers free WIFI on 100...

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Only 20 in Hungary but 40 in the USA – Happy Birthday Big Mac!

Yearly 4 million Big Mac are sold in Hungary, it meens that day after day almost 12,000 consumers choose this burger. In Hungary Big Mac and the McDonald's celeberaty its...

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New Rogner member in Hungary

The Thermal Bad and Spa from this year, the new built four stars hotel from next year will take the name Rogner Thermal Spa Egerszalok.  The Spa and Wellness Bath...

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Cadbury to buy Intergum

Cadbury's planned acquisition of the Turkey-based chewing gum manufacturer Intergum has been approved by the competition regulator. Cadbury announced the proposed 333m acquisition in June this year, claiming the move...

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Run on furniture – especially at IKEA

The Hungarian IKEA has reported HUF 38.6 billion revenues for its financial year ending 31 August, which is a 16% increase from FY2006. IKEA Lakberendezési Kft. had 4.7 million customers...

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Heineken fixed its 20-25% profit growth forecast

The Holland-based brewer said that net profit for the six months to the end of June fell markedly, by 30.4% year-on-year, to EUR302m, although net profit took a hammering from...

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Royal Unibrew buys Latvian brewery Livu Alus

The Danish brewer Royal Unibrew AS bought Latvia's third-largest brewery Livu Alus for 130 mln dkr.  The acquisition, which is subject to approval by relevant authorities, is expected to be...

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Bioethanol at Tesco from Monday

The Tesco Megapark in Pesterzsebet will be the first Hungrian and east-european gas station of Tesco where the green friendly drives can buy bioethanol. Europe second biggest hypermarket chain is...

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Sticking to beauty care

Attila Ireghy has become the new sales director of Helia-D Kft. He had worked for L’Oréal Magyrország Kft for 13 years where he had participated in the complete restructuring of...

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With buffaloes into the Hungarian market

Bols Hungary Kft. began selling one of the best known Polish vodka brands, Zubrowka in June. This is a premium brand sold in over 30 countries, achieving growth of over...

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World-wide leader

Pepsi has always been receptive to consumer needs, which allowed it detect changes in these needs, namely the increase in the popularity of functional and carbon-free soft drinks in time....

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Stores opening

Spar, Kiskunfélegyháza Open: 28 June 2007 Chain: Spar Store space: 1211 m2 SKU: – Spar, Szántód Open: 2 August 2007 Chain: Spar Store space: 902 m2 SKU: – Tesco, Karcag...

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Whisky brand for soberness

Mika Hakkinen, two time world chamion Formula One pilot opened an event called „Never drink, when you drive” on 31. July, in Budapest. This event is part of a world-wide...

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„Philosopher pasta maker” on innovation

– Dramatic changes are needed in marketing – declared i Guido Barilla, president of Barilla holding at the ECR Europe conference held in Milan, where over 150 lectures had been...

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For patriotic poultry buying

An agreement about co-operation has been signed by The Poultry Product Council (BTT) and SPAR Magyarország Kft.. This will allow the retail chain to publicise its decision to buy poultry...

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Whisky brand for soberness

Mika Hakkinen, two time world chamion Formula One pilot opened an event called „Never drink, when you drive” on 31. July, in Budapest. This event is part of a world-wide...

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Help worth 5 million from Tesco

Over HUF 5 million has been collected by customers and employees of Tesco between 1. July 2006 and 30. June 2007 for Kézenfogva Alapítvány to help retarded children. The biggest...

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Second Bauhaus under construction in Szigetszentmiklós

Construction of a new, 20,000 square meter Bauhaus store has begun near Szigetszentmiklós. Europe’s leading “do it yourself “chain is building two stores in Hungary with an investment of HUF...

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Sugar free Coke turning 25

Coca-Cola light was the first sugar free soft drink to appear in 1982. Today, 119 million glasses are consumed daily in 173 countries. Coca Cola light is the market leader...

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News

Danone SA has sold its biscuit division to US based Kraft Foods Inc. for EUR 5.3 billion. The plans of the new owner regarding Hungary are unknown yet. Retail food...

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