Company and Personal News
Surpassing sales in Latin-America and Europe
Date: 2008-02-06 00:00:00
Whirlpool Corp. said its fourth-quarter profit climbed to USD 187 millions, helped by its Maytag acquisition and an improved product mix and the weak dollar. Quarterly revenue grew seven...
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International Boost Sweetens Wrigley Sales
Date: 2008-02-06 00:00:00
The Chicago-based company's fourth-quarter profit totaled $155 million, or 56 cents a share, for a dime-a-share leap vs. last year.Revenue got pushed 16.4% higher to a better-than-expected $1.42 billion, primarily...
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Imperial Tobacco's Altadis takeover offer
Date: 2008-02-05 00:00:00
UK's Imperial Tobacco Group pays 50 eur per Altadis share, valuing the manufacturer of Gauloise and Fortuna cigarettes at 12.8 bln eur. The board of the Franco-Spanish company Altadis...
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French Supermarket Workers Strike over Wages
Date: 2008-02-05 00:00:00
Thousands of French supermarket workers went on strike on Friday to demand higher salaries and better job conditions. The strike by supermarket employees was the latest in a series of...
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Mihaly Hardy leaved Tesco
Date: 2008-02-05 00:00:00
The specialist was the retail chain's communications director since 2006, former he worked 20 years as television reporter, editor and news director. There is no news about his successor at...
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Unilever Acquires Leading Russian Ice Cream Company Inmarko
Date: 2008-02-05 00:00:00
The acquisition will further strengthen Unilever's position as the world's number one ice cream business. It will also strengthen Unilever's portfolio and competitive position in Russia, one of its priority...
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Hungary's economic growth will pick up and its inflation will slow down this year
Date: 2008-02-05 00:00:00
Based on the past months' developments, the extent of the changes is likely to be smaller than previously thought, economic think tank GKI said in a forecast elaborated in co-operation...
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The labor market of retail to increase in 2008
Date: 2008-02-05 00:00:00
According to Hungarian National Labour Service this year's end will have a positive balance, 56,000 more job will fill up as last year December.The authority said there will be a...
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Two digits growth at Coca-Cola Beverages Hungary
Date: 2008-02-05 00:00:00
The company increased its market shares and get now 20 pct, one third of the sales came from the new products. The growth is thank to the fact too,...
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Burger King Keeps Rising
Date: 2008-02-04 00:00:00
Worldwide same-store sales, or sales at locations open at least a year, rose 4.5 percent.Americas second burger chain said its second-quarter – ended on 31 of December 2007 – profit...
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Aldi to open in February
Date: 2008-02-04 00:00:00
According to market informations giant adcampaign starts in February, but the news is not fixed by the company, it never promotes the store openings. It is unkonwn how many stores...
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dm to start in Bulgaria 2009
Date: 2008-02-04 00:00:00
The local dm stores will have an area of 400-450 sq m and could be housed in large-scale shopping centers. dm Drogerie Markt, the Austrian retailer of household medicinal supplies,...
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Top-100 Hungarian Companies are Less Optimistic
Date: 2008-02-04 00:00:00
The ECOSTAT TOP-100 business confidence index was 86,6% at SME's 79,4% in January 2008. Hungarian companies are looking to the future with a degree of apprehension, according to the stats....
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A Helping Hand for SMEs for free
Date: 2008-02-04 00:00:00
The Mentoring Business Transfer is sponsored by European Union, essential business informations are teached in 10 days. The Hungarian Chamber of Commerce & Industry takes part in the program, wich...
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Mondi to develope in Poland
Date: 2008-02-04 00:00:00
International paper and packaging manufacturer, Mondi investes €305-million Swiecie. The company comannounced in a statement that its new lightweight recycled container-board machine would be situated at its Swiecie mill, in...
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Fake products in value of HUF 18 million were atteched at Jozsefvarosi and Rakospalotai Markt
Date: 2008-02-04 00:00:00
The specialist of Hungarian Customs and Finance Guard opens 15 closed kiosks and containers. According to authority 3,000 fake clothes and 200 paar of fake shoes were found. At Rakospalota...
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Sodexho Alliance renamed Sodexo
Date: 2008-02-04 00:00:00
The evolution of the brand shows the grow and progress to become the premier global outsourcing expert. France based contract caterer and facilities company Sodexho Alliance has been renamed...
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Tesco opened a new front in the ongoing supermarket price war
Date: 2008-02-04 00:00:00
In a sign that the discounters' growing popularity is starting to concern Tesco, the retail giant will start to match Aldi and Lidl's prices on over 2,000 product lines. Aldi...
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Investment into packaging by Hungerit
Date: 2008-02-01 08:00:00
Hungerit Zrt. has developed a unique packaging solution in co-operation with Sealed Air Cryovac. As a result of installing the new MULTIIVAC Darfresh® packaging machinery, fresh poultry will stay fresh...
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Search engine for small enterprises.
Date: 2008-02-01 08:00:00
Google has made its Individual search engine internationally available. The Individual search engine is a simple and cost-effective means for small enterprises and other organisations to accommodate the Google search...
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Penny carries on
Date: 2008-02-01 08:00:00
The first domestic food discount store chain is still expanding. Every settlement with a population of over 6,000 is a potential location for them. Penny stocks over one thousand basic...
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Goose less popular
Date: 2008-02-01 08:00:00
The Agricultural Business Research Institute (AKI) monitors the trends in the world markets of poultry and meat. Data from the Market and Price Information System KSH and AKI can be...
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Cheaper RFID with new platform
Date: 2008-02-01 08:00:00
The revolutionary Sensormatic® iREAD™ technology of ADT can help to reduce the introduction costs of RFID into retail trade. Sensormatic iREAD platform, the new application of the EPCglobal Gen 2...
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Dreher saving energy
Date: 2008-02-01 08:00:00
The opening ceremony for the new bio-gas and water purification plant of Dreher Sörgyárak built for HUF 0.5 billion was attended by Dr. Gábor Fodor, minister of environmental policy and...
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Auchan: three years of development in sight
Date: 2008-02-01 08:00:00
Though Auchan did not open any new stores last year, it is possible that they will open two this year. They spent 2007 preparing their workforce for the period of...
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Shrinking deficit, slow growth
Date: 2008-02-01 08:00:00
According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, both the external and internal balance of the Hungarian economy will show more than expected improvement this year, but...
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Cherry Queen
Date: 2008-02-01 08:00:00
Cherry Queen – our common passion. Agency: Team/Mindshare Customer: Bonbonetti Choco Kft. Product: Cherry Queen Apperance: RTL Klub, Viasat3, Cool, Film+, AXN, Hallmark, Story TV Period: February–April 2008 tv-spot 30”,...
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Ceres reaching beyond borders
Date: 2008-02-01 08:00:00
The production costs of Ceres ZRt. are expected to rise by 14-18 per cent in the new year. The Győr based company holds a leading position in several segments and...
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Creditworthiness in decline
Date: 2008-02-01 08:00:00
According to an analysis prepared by Coface Hungary, the number of insolvency procedures increased by 24 per cent last year, which means that 3.7 per cent of businesses had become...
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