Company and Personal News
Nike increased its profits by fifteen percent
Date: 2011-09-26 12:41:51
Despite the poor performance of the world economy Nike reached better than expected results. The world's largest sporting goods manufacturer reported a 15 percent profit growth in the June-August period....
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Buffett purchased 34 million Tesco shares
Date: 2011-09-26 12:01:36
Warren Buffett, one of the the world's richest businessman increased his share in the Tesco supermarket chain. Warren Buffett bought 34 million Tesco shares through his Berkshire Hathaway holding in...
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Bonbonetti launches UTZ – Good Inside program for sustainability
Date: 2011-09-26 10:45:34
Bonbonetti is starting the production of UTZ CERTIFIED-products in 2011. UTZ is one of the largest sustainability programs for coffee, cocoa and tea in the world: one-third of all coffee...
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The construction of Futureal's newest shopping center has finished
Date: 2011-09-22 12:21:22
The Nova Park shopping center's construction is ready in Gorzów Wielkopolski, western Poland. The shopping center was built with a 70 million euros investment, and will be completely ready for...
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MFB's project firm may buy the meat plant in Debrecen
Date: 2011-09-22 12:20:31
According to Pap László, Deputy Mayor of Debrecen, a project firm of the Hungarian Development Bank (MFB) will buy the closed meat plant in Debrecen from the Slovaks. According to...
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Australian Coca-Cola awaits 305 million dollars
Date: 2011-09-22 11:54:08
According to the Australian Coca-Cola, the Coca-Cola Amatil Ltd., hey are waiting the 305 million dollars from SABMiller. According to the agreement between SABMiller and Fosters, SABMiller will pay 5.1...
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Tesco and Vodafone established a joint company called Tesco Mobile
Date: 2011-09-21 12:50:52
The joint venture was formed with half-scale ownership among Vodafone Hungary and Tesco Stores Ltd. to provide mobile services – the two companies announced at a press conference in Budapest...
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Univer Product expect revenues similar to last year
Date: 2011-09-21 12:20:44
The management of Univer Product Zrt. calculates with revenues similar to last year, when the company's revenue was 15.1 billion HUF – announced Molitórisz Károly, CEO of the company at...
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The beer importer Belgaco Kft. forecasts revenue growth
Date: 2011-09-21 12:19:45
The Belgaco Kft. is Hungary's largest importer of Belgian beer. The company this year expects a 20-25 percent revenue growth, compared to the previous year. For this year, 10-15 percent...
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Online auction from the Tesco
Date: 2011-09-21 11:59:31
The chain auctions the fixtures of its domestic stores, in a value of about three hundred thousand euros. The stores are constantly being developed, so expectations are high – said...
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Warm food shop from the Shell-shops
Date: 2011-09-20 12:05:11
Shell strengthens its place in the competition with the renewal of its filling Station's shops. The Anglo-Dutch group's European Vice President, Kapitány István, however, is also confident that due to...
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The company responsible for the Hungarian red sludge tragedy has received a record penalty
Date: 2011-09-20 09:10:21
The Directorate of Environmental Protection and Water Management for Central Transdanubia has imposed a fine for infringement of waste management regulations of around HUF 135.14 billion (470 million euros) on...
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New stores in the Corvin
Date: 2011-09-19 12:45:15
The service range Corvin shopping center, soon celebrating its first anniversary will be expanded by a further 10 new stores during September and October. Among the new tenants, representatives of...
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Starbucks celebrates its 40th birthday with discounts
Date: 2011-09-19 10:38:54
The coffee chain, that celebrates its 40th anniversary this year, offers a 30 percent discount to its customers. The guests of coffee chain, can buy the chain's tumblers and cups...
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A newer recognition for the Tokaj Trading House
Date: 2011-09-16 12:25:21
The visitors of the 20th Buda Castle Wine Festival have chosen the wines of the Tokaj Trading House as the best in the white wine and in the Tokaji wine...
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Coca-Cola bottles became lighter and slimmer
Date: 2011-09-15 12:00:50
Coca-Cola Hungary's bottle weight-reduction program recently finished. As a result, an annual 730 tonnes less plastics are used in the production of PET bottles, compared to a year earlier –...
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Continental Tobacco Group's revenues steadily increasing
Date: 2011-09-15 11:59:45
Despite the crisis, the Continental Tobacco Group could achieve an about 5 percent annual sales growth in recent years – told Sánta János, the group's president to MTI, on Thursday...
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Here is the new, healthy energy drink by Hell Energy
Date: 2011-09-15 11:51:15
A clinically tested, natural drink is going to be launched by Hell Energy, including mate tea and teobromin – the company has announced within the compass of a special press...
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Szentkirályi won a prestigeous international award
Date: 2011-09-15 10:32:58
Szentkirályi has won the prestigious award of Water Innovation Awards in Rio de Janeiro, within the compass of the event Global Bottled Water Congress. Szentkirályi's winning campaign is called “The...
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The Coop Group retained its 15 percent market share
Date: 2011-09-14 13:15:36
Despite the crisis, the Coop Group was managed to maintain its 15 percent market share in the Hungarian market – said Murányi László, CEO of Co-op Hungary Zrt. on Wednesday...
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Tesco has launched a meat guarantee program
Date: 2011-09-14 12:17:43
In early September l Tesco aunched a unique meat guarantee program in Hungary. In the stores of the chain, the company will give a quality guarantee for fresh meat for...
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Bacardi-Martini will finish its operation in Hungary
Date: 2011-09-14 12:14:56
The Bacardi-Martini Kft. will be wound up – shows Opten's datas. The company will finish its operation in Hungary, the distribution of the products will be carried out by another...
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Favorite wines by the University of Pécs are chosen
Date: 2011-09-14 10:45:53
A 2010 chardonnay by Danubiana and a 2008 caberner franc by Takler winery won the title of the Wine of the University of Pécs. The winners received their awards on...
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The biogas plant in Szarvas handed over today
Date: 2011-09-13 13:00:01
The country's largest and most advanced biogas plant handed over today in Szarvas. The project costs about 4.5 billion HUF, of which 500 million came from EU funding. The facility...
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Winding up proceeding launched against AboMill
Date: 2011-09-13 12:58:32
Liquidation proceedings were initiated against the Nyíregyháza-based Abo Mill Industrial Corporation. In 2008, the company reached a revenue of 14 billion HUF with one hundred million HUF profit. The company...
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The Sugár-Holding heats its tomato factory with thermal water
Date: 2011-09-12 12:35:32
A manufacturing plant will also be built beside Europe's largest thermal water heating tomato growning greenhouse in Tura, after the more-than-expected yields of thermal water breaks into the surface. Miszori...
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Modern cattle breeding in Hottó
Date: 2011-09-12 12:20:25
Modern cattle farm was handed over on Saturday in Hottó, Zala County. The plant received 35 percent support from EU and state sources for the modernization of the 800 million...
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The operator of the Skála department stores will be liquidated
Date: 2011-09-12 12:15:32
Winding-up proceedings started against the Skála Group Kft. owned by private Chinese individuals. This company took over the most of the rural Skála department stores, and transformed them to Chinese...
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Coface country Risk Overview
Date: 2011-09-12 11:31:31
The Coface country rating aims at evaluating the average credit risk of companies in a given country. The rating is based on economic, financial and political data. But it also...
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Minister wants HUngarian farmers to use domestic seeds
Date: 2011-09-10 17:37:25
Rural Development Minister Sándor Fazekas recommended the use of local seeds to farmers in Hungary, on Saturday at the Ferenc Liszt International Airport within the compass of press conference. He...
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