Company and Personal News
Cadbury Reviews Costs
Date: 2008-08-01 00:00:00
Britain's confectionery group is to review its costs which could lead to more job losses and factory closures in an uncertain economic outlook and as commodity costs rise. Analysts said...
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First Alcampo Drive opened in Spain
Date: 2008-08-01 00:00:00
In Spain, Auchan-owned Alcampo has announced that it will be launching its first Alcampo Drive, a similar concept to Auchan Drive in France, in August in Villaviciosa de Odón in...
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Office Depot reports loss
Date: 2008-08-01 00:00:00
Depot warned investors in early July that its second-quarter earnings would be worse than expected. The retailer reported a $2 million loss, for the second quarter of 2008 – a...
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Milka brings the Alps to Hungary
Date: 2008-08-01 00:00:00
This year visitors can meet the Milka Cow in Budapest, Keszthely, Siófok, Hajdúszoboszló and Gyõr. Last year 50,000 people take part on the evening. The Milka Alpine Tour gives chocolate...
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Campaign for organic food farming in EU
Date: 2008-07-31 00:00:00
The European Commission has launched a campaign to inform consumers of the benefits of organic food and support those involved in the ever-growing organic market. The promotional campaign focuses on...
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Slovenia body blocks sale of Mercator stake
Date: 2008-07-31 00:00:00
Slovenia's Competition Protection Office blocked the planned sale of 23 percent of Slovenia's top food retailer Mercator. In June Infond Holding agreed to sell 23 percent of Mercator to Austrian...
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M&S create eco furniture factory
Date: 2008-07-31 00:00:00
The 150,000 sq ft Westbridge plant in Holywell exclusively produces M&S furniture, including the M&S Fern Collection – the high street’s first entirely green range of upholstered furniture. Its conversion...
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Politician Visit at Kométa
Date: 2008-07-30 00:00:00
On the end of July Dr. Monika Lamperts parliamentarian visited the Kometa 99's plant in Kaposvar. Politician meet Giacomo Pedrazzini, the Italian director of the company and they talked...
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EU approves Mars buy of Wrigley
Date: 2008-07-30 00:00:00
M&M's candy maker Mars Inc of the United States won unconditional permission from the European Commission to purchase the U.S. No. 1 chewing gum manufacturer Wm Wrigley Jr Co for...
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Danone's One euró Offer
Date: 2008-07-30 00:00:00
Groupe Danone has unveiled plans to sell a discounted range of yoghurts in France costing one euro for a pack of six following a fall in sales. The French dairy...
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Conflicting news about Interfruct
Date: 2008-07-29 00:00:00
According press informations Interfruct sells their store, but the company said its only closure because of stock-taking. In the information of daily Napi Gazdaság, the cash&carry chain has signed...
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Super-Pharma to sell products similar to drogeries'
Date: 2008-07-29 00:00:00
The company, which currently operates only three units in Budapest, has ambitious plans for expansion with the opening of 8 to 15 company owned pharmacies by the end of 2009....
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New low gassing cheese bag increases output, says Sealed Air
Date: 2008-07-28 00:00:00
The OSB 4550 shrink bag, claims Sealed Air Cyrovac, is a new addition to its cheese curing bag range and is suitable for both industrial and consumer unit packaging. The...
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Suntrust dumps Coke shares but keeps recipe
Date: 2008-07-25 00:00:00
SunTrust said it sold 10 million shares of the beverage maker in June and will be another 3.6 million shares in a charitable trust. The remaining 30 million shares were...
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PepsiCo's Positive Surprise
Date: 2008-07-24 00:00:00
Despite a 1% decline in the Americas beverage business PepsiCo Inc reported that its net income rose to $1.7 billion, in the second quarter that ended June 14, net revenue...
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Bester Q2 by Praktiker
Date: 2008-07-24 00:00:00
Praktiker AG. cut its full-year sales growth forecast to a low single-digit percentage from a medium single-digit percentage on the back of slowing European economic growth. Second-quarter net profit...
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Better than expected profit by Whirlpool
Date: 2008-07-24 00:00:00
Home appliances company's second quarter net earnings were $117 million, quarterly revenues were up 5% to $5.08 billion. The company said that net earnings for the quarter reflected challenging macroeconomic...
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Auchan acquires Galerias Primero
Date: 2008-07-24 00:00:00
French privately owned retailer's Spanish unit Sabeco S.A. has agreed to acquire supermarket chain Galerias Primero from Group Nozar and Caja Inmaculada (CAI). The two companies, which are a construction...
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REWE to cut CO2 emissions in product chain
Date: 2008-07-23 00:00:00
Rewe Group is taking action by applying its environmental activities to cutting CO2 emissions in the product chain. The German retailer starts a pilote project about decresing carbon footprint together...
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Penny don't Stop its Watermelon Action
Date: 2008-07-23 00:00:00
The company pay HUF 40 pro kilo for suppliers, they guaranted HUF 30 for the growers until 27 July. Penny Market disagrees with the political push to cut the consumer's...
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Coke to cut marketing spend
Date: 2008-07-23 00:00:00
Coca-Cola is looking reduce its nonconsumer-facing marketing programmes as it aims to save between $400 million and $500 million a year by the end of 2011. Chief executive of...
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Danone Seeks 1.63 Bln Euro to Quit Wahaha
Date: 2008-07-23 00:00:00
Groupe Danone is seeking 1.63 billion euro in order to quit its Chinese joint venture with Wahaha. However, Wahaha is only offering 296 million euro for Danone's interest, reports the...
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Unilever Disposes Bertolli Olive Oil
Date: 2008-07-23 00:00:00
Unilever signed a definitive agreement for the disposal of its Bertolli olive oil and vinegar business with Grupo SOS for a consideration of Euro 630m. The transaction is structured as...
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McDonald's offers year to year more salads
Date: 2008-07-22 00:00:00
The fast food company also populizes the healthy nutrition, with success. According to sales datas guest will eat 2.8 million portion of salads this year. McDonald's offers salads since...
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Marks & Spencer Plans Big Spend Into Online Markets
Date: 2008-07-22 00:00:00
One of UK's biggest retailer will spend £450m on IT and technology over the next three years, pushing into international and online markets to ease its reliance on the ailing...
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Kellogg brand extension targets heart health for women
Date: 2008-07-22 00:00:00
US cereal maker Kellogg targets the mushrooming heart healthy market with a new line extension – specifically aimed at women – to its Smart Start range. The firm that...
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