Company and Personal News

Nestle Agrees Settlement with Italian Tax Authorities

Nestle Italia negotiated a 36-million euro out-of-court settlement with Italian Tax Authorities, it was announced yesterday.  But the global giant, the world's largest food and beverage company, strongly denied any accusation of...

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Hungarian industrial designer could win the Henkel Art.Award

Rajmund Domán is one of the nominated, who takes home the Henkel Art.Award., endowed with a monetary prize of 7,000 euros as well as an exhibition of the artist's works...

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Cadbury takes one part of producment to Poland

Cadbury Trebor Bassett is to shut its chocolate factory in Keynsham, Somerset, with the loss of 500 jobs.  The proposal is part of the company's attempt to restructure its UK...

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Rynart Hungary became bankrupt

The Dutch company asks for win up against itself. Rynart worked since 1993 in Hungary, many years had a dynamic growth, but in last years gotten a bad business politic,...

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Tchibo to open first shop in Arena Plaza

Tchibo's changing product ranges include everything from an exciting kid's toy to a fashionable jacket or a cool MP3 player. The start will be marked by the opening of the...

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English owner at Plaza in Ozd

Dawnay Day Carpathian PLC said it has acquired a retail portfolio of four properties from the Austria-based MID Group. The property investment company said that after the purchase costs, the...

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Nielsen's new software can decrease the assortment's loss at the stores

The research company developed a new software communicates between the producers and the retail places and can amend the product availability at the shops.  The assortment's absence makes 4 billion...

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Zagorka invests to increase production capacity

Heineken's bulgarian brewery plans to invest EUR15m between 2008 and 2009.  The company builds a new 2100 sq. m. warehouse and buy four new cyllindricconic tanks to extend its fermentation...

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Probiotic Club at Danone

Famous yoghurt eating stars joined to the exclusive club.  The club members together with specialists popularize the probiotic food in front of media workers until year's end on three events....

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Theodora, the most public Hungarian mineral water

The Kékkúti Ásványvíz Zrt. has 16,5 share between Januar-August 2007 on the mineral water market. Since four years Theodora is the most public mineral water in Hungary. According to ACNielsen...

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A new Fornetti sandwich comes

With HUF 600-800 million investigation new logistic and research central to build. Soon comes the Fornetti specialty, taste like the old milk-loaf had. Last year Fornetti franchise companies had 66...

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Aldi eyes city centre locations

The success of Aldi's first city centre store at the Arndale Centre in Manchester has prompted the retailer to seek out further city centre locations as it continues with its...

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New retail manager at Acer

Laszlo Berente works first of all with the bigger retail chains and other top-partners. The specialist, economist and HR manager speaks english and until the last time worked at CHS...

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Foreign companies barred from importing meat into Russia

Over 80 foreign companies were stripped of meat import licences into Russia this year because of deemed poor quality.   "The right to export meat to Russia was stripped from...

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Burger King to Debut Branded Snacks

A licensing agreement with The Inventure Group will put the snacks in retail outlets this fall.   Beginning this month Burger King fans can have it their way at vending...

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Judgment of first instance at Paprika-action

The health of customers was not endangered, but they were mystifed by Szegedi Paprika Rt. . The company have to pay HUF 10 million fine. The first rate defendant, the...

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Auchan to invest in Portugal

The retail group will invest about 600 mln eur in Portugal over the next three years as part of an expansion plan. The group plans to expand its Pao de...

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Swiss cartel authorities back Aldi and Lidl expansion plans

Swiss regulators back expansion plans of German discount retailers Aldi and Lidl, Handelsblatt reported, citing a statement made by the Swiss cartel office.  The report said the cartel office approved...

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METRO Group dashes in Turkey

Media Markt, brand of the METRO GROUP opens its first Turkish store in Istanbul.  Following Metro Cash & Carry and Real, Media Markt is now the third sales brand of...

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New Visa card with EMV system

V PAY is a chip and PIN only product, with no legacy requirement to support manual imprinting, cardholder signature and magnetic stripe reading. 17 million cards will be change. The...

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The best bartender is looking by Stella Artois

The three week competition started 24 September in six regions of Hungary, the best in show will be on 9. October in Budapest. The first 3 from all regions can...

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Medicines at Drogerie Markt

Until the end of 2007 the company hopes to open drug corners at the all chain, in 2003 stores. It costs HUF 500 million. This time medicament can be sold...

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Aldi defers in Poland

German discount retailer Aldi has postponed plans to enter the Polish market until early next year and will open fewer outlets there than planned. Aldi will open about 10 stores...

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Ferrero loses monopoly over Kinder sweets

Ferrero has been left with a bitter taste after being banned from keeping its monopoly over the word kinder, the German word for children, on its popular Kinder Surprise eggs....

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Start at Airport City

The first phase of the project is scheduled for completion in Q1 2008 including 8,300 sqm of warehouse space for lease and nearly 2,000 sqm of offices. Developer Ablon has...

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Lekkerland online as well

Lekkerland began operating its online sales system jointly with Online Eurest Étterem­üzemel­tető in June. 1500 food and non-food items can be ordered using the online system....

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News

Nestlé buying another mineral water bottling plant. The Rouge family used to have a 61,66 per cent majority share in the Swiss Sources Minerales Henniez mineral water bottling plant which...

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Kaiser

Agency: Promo Reklámügynökség Kft. Customer: Kaiser Food Product: Kaiser Apperance: Tv2, Viasat 3, Spektrum, Hallmark Period: 3–30 September 2007...

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Hungrana producing bio ethanol

One of the leading Hungarian manufacturers of food ingredients, Hungrana Kft., has begun production of E-85 bio ethanol. They will soon be able to process 3,000 tons of maize daily,...

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We have to get used to prices staying high

According to an analysis prepared by Zoltán Fórián, head of division in Agrár Európa Kft. for Éfosz, substantial price rises will dominate the world market of food in 2007 and...

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