News and articles
SABMiller's acquisitions in China
Date: 2007-08-27 00:00:00
The London-based company is to up its presence in China with the acquisition of four breweries. The four transactions will cost the company US$79m, which includes a cash consideration of...
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The Coca-Cola Co. joins human rights group
Date: 2007-08-27 00:00:00
The Atlanta based company has become the 14th member of the Business Leaders Initiative on Human Rights (BLIHR), an organization that touts itself as an “international business-led initiative to help...
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Nestle share buyback
Date: 2007-08-27 00:00:00
The company needs the shares for new aqusitions.As part of Nestle's recently announced share buyback, the Swiss food company said it plans to buy back shares worth 15 billion Swiss...
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Tender for Tesco's outdoor tolls marketing
Date: 2007-08-27 00:00:00
In the future the IMIGe works only for the Tesco's instore tools, but the company develops new ad services for the retail giant too. The Tesco wants to find a...
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Your Hotel in Hungary
Date: 2007-08-24 00:00:00
Three well known touristic specialist, dr. Andras Rubovszky, Gyorgy Y. Paldi and Peter Javorkai founded the Hungarian member of Your Hotel Worldwide. The new Hungarian company has the licence to...
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Two weeks to 111. Budapest International Fair
Date: 2007-08-24 00:00:00
Goods of all sorts, family programs, concerts are waiting the visitors between 8-16 of September.This years themes are: Giftware and fancy goods, Handicraft institutions and services, Clothing and accessories, Furnishing...
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Tesco Express in Szeged
Date: 2007-08-24 00:00:00
The small Tesco, formerly with other name has a special supply. There will be 2500 products for daily shopping. Fresh products, cheese and other cold collation will be available. Besides...
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Another outbreak of swine fever in Romania
Date: 2007-08-24 00:00:00
It was the third outbreak in the country in recent weeks and the second on a farm owned by Smithfield Foods Inc. The disease was found this week on a...
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No merge, but collective purchase
Date: 2007-08-24 00:00:00
There is a reconciliation between Co-op and Real Hungaria retail chains about a purchase cooperation. The former new about the merge of the two companies was confuted, but the now...
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Tesco starts in November in the USA
Date: 2007-08-24 00:00:00
The world's third-largest food retailer is seeking to woo U.S. shoppers with ready-to-eat meals and fresh produce in areas that are underserved by supermarket and grocery store chains. The entry...
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Magazine tests find Red Bull “lacking”
Date: 2007-08-24 00:00:00
Red_Bull has taken a hammering from a consumer magazine in Germany. The energy drinks brand was found to contain too much sugar, too much caffeine, unnecessary vitamins and some questionable substances...
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Cheap norse salmon on the borders?
Date: 2007-08-24 00:00:00
Norway and EU is hopping a positiv answer from the WTO. There has been a shocked reaction to claims from the Norwegian state broadcaster, Norwegian Broadcasting Corporation (NRK), that the...
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Instead of East-Europe Nordsee'll open its restaurants in Far-East
Date: 2007-08-23 00:00:00
The German company, famous of its fish food, next year will appear in Egipt, Saud-Arabian and in other arabian country. The 150 Nordsee restaurants in Far-East will get the same...
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Aldi starts to build the first store in Region Baranya
Date: 2007-08-23 00:00:00
German-based company Aldi, the world's tenth-largest retailer comes amid the aggressive expansion of discount retailers within the past two years in Hungary. Pécs will be one of the region centers....
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Profi stores in Romania
Date: 2007-08-23 00:00:00
Die belgian Louis Delhaize Group's discount chain Profi bought 9 supermarkets in Bukarest from lithuanian Maxima Lt. Chain. The supermarkets' last year's income was 23 million euro, 30% more than...
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Russia bans Italian poultry to stop bird flu
Date: 2007-08-23 00:00:00
Russia banned poultry imports from Italy starting Monday to prevent the spread of the bird flu virus after outbreaks in the EU member state. An outbreak of low pathogenic...
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Lidl'll get share in a german bio store chain
Date: 2007-08-23 00:00:00
The discount store chain wants to get 23% share in the Basic, customers and suppliers protest. Lidl would to increase the number of bio products in its own shops too....
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16% sales' increase at Lindt & Sprüngli in H1
Date: 2007-08-23 00:00:00
The excellent growth in sales during the first half of 2007 has seen operating profit (EBIT) rise substantially by CHF 16.2 million to CHF 31.7 million or +104%, while the...
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Mood Media Makes Changes At The Top
Date: 2007-08-22 00:00:00
Stepping down as Group Executive Chairman at Mood Media concentrate on strategic growth opportunities for the Group and other investments, Philippe G von Stauffenberg has named Jean-Marie Noizet, previously Group...
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Nike Inc. has won lawsuits against fakers and dealer
Date: 2007-08-22 00:00:00
The Shanghai Court awarded the world's largest sports apparel company, a total of 350,000 yuan ($46,100) in damages. The Shanghai No. 2 Intermediate Court awarded Nike, the world's largest sports...
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Lebedyansky pays dividends for 2006
Date: 2007-08-22 00:00:00
The company paid US$22.5m at $1.1 per share. The Russian juice company hit the headlines last week, when local reports claimed it was in talks with PepsiCo over a possible takeover....
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Renovation in Rogner is finished
Date: 2007-08-21 00:00:00
After one year renovating works the rooms are refurnished, there are new service places and a clima center. According to plans, on 3 of August, the renovation of 232 were...
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Cake of Hungary at six Szamos Marcipan confectionery
Date: 2007-08-21 00:00:00
The Floating Island Cake's recipe was made by Association of Hungarian Confectioners, at the suit of the Hungarian Prime Minister's Office.The birthday cake of Hungary is a fancy cake, a...
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Nestle Waters is set to buy a water production facility in the US
Date: 2007-08-21 00:00:00
The US unit of the water company is thought to be around two months away from acquiring Blu Springs Farm in Oswego County in New York. The unit will...
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