Company and Personal News
P&G to separate its coffee business
Date: 2008-02-06 00:00:00
The coffee unit had sales of about $1.6 billion and operating income of about $ 350 million in fiscal 2007. Procter&Gamble Co. is planning to split off its Folgers coffee...
Read more
Inspection at European big supermarket chains
Date: 2008-02-06 00:00:00
A European Parliament petition on investigating and remedying the abuse of power by large supermarkets operating in the EU has received signatures from 60% of all MEPs. The increasingly dominant...
Read more
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...
Read more
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...
Read more
Collective Hungarian exhibition at Prodexpo Moskow with AMC support
Date: 2008-02-06 00:00:00
Twenty Hungarian companies show themselft on the event from 11-15 February 2008. The Hungarian Agrar Marketing Centrum this year organised present for Hungarian firms at Prodexpo in Moskow. The 15th...
Read more
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...
Read more
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,...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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,...
Read more
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....
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
Special Grand Marnier
Date: 2008-02-01 08:00:00
Only 60 bottles of the latest, limited edition Grand Marnier are to be marketed under the name Lounge Edition 2007 by Pernod Ricard Hungary Kft. The design of the bottle...
Read more
Billboard companies joining forces
Date: 2008-02-01 08:00:00
A strategic alliance has been formed by six advertising companies at the end of November. The companies which provide outdoor advertising services intend to co-ordinate their efforts in serving clients....
Read more
CBA unity – beyond borders as well
Date: 2008-02-01 08:00:00
It was more than 15 years ago that ten private retailers joined forces in order to be able to buy 17 stores which had originally belonged to the state owned....
Read more
Independent profession at last
Date: 2008-02-01 08:00:00
The Association of Hungarian Event Organisers was established in 1992, and has over 105 members at present. However, this activity was only issued a TEÁOR registration number of its own...
Read more
The secret of real wiener schnitzel
Date: 2008-02-01 08:00:00
Gathering information and being well informed is essential today, in our accelerated life. We must be familiar with the market we compete in and consumers are also increasingly familiar with...
Read more
Eventful end for the year in the market of sweets
Date: 2008-02-01 08:00:00
Austerity measures do not seem to have had much effect in the market of sweets, with supply showing dynamic growth. The expanded assortments of Bonbonetti Choco Kft., Nestlé Hungária Kft....
Read more
Not enough POS accept cards
Date: 2008-02-01 08:00:00
According to a survey conducted for MasterCard®, significant changes have taken place in the way we use debit cards, in the last five years. While only 31 per cent of...
Read more
Zwack awards for suppliers
Date: 2008-02-01 08:00:00
Zwack Kecskeméti Pálinka Manufaktúra held a partner meeting for over 30 fruit producers on 14. December. Guests took a one and a half hour palinka tour....
Read more