Company and Personal News

HUF 400 Millions Investment at Chio Hungary

The company developes its plant in Gyor with new furnace, kneader mashine and keeps on reconstruction of packiging mashines.  In part of the total HUF 418 Millions developing plan some...

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Tchibo Planning To Sell Stores in UK

The German group has put 33 of its UK stores on the market, as it seeks to scale back its portfolio of smaller shops.  The 73-strong chain sells coffee alongside...

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Cheap shopping for Polishs by March

Aldi opens its first outlet by March in Poland.  The German giant was originally expected to enter the market in summer 2007, but this was postponed due to problems in...

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Tesco's new style in UK: Multi-level Town Centre Store

The company plans to sell food, televisions, clothing, homewares and toys over two or three floors as its rivals Debenhams, Marks&Spencer do. Tesco plans to build department store-style shops for...

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Sandor Beke, the new sales director at Dr. Oetker Kft

The specialist was appointed by the international team of Dr. Oetker (Beirat), he got the position by 1. February 2008.  Sandor Beke works at the company since 1998, he started...

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Kellogg bought Russian’s biggest breakfast cereal maker

United Bakers’ products, marketed primarily under the Yantar and Lyubyatovo brands, are very popular, and the company said it had a market share of 90 percent. The deal gives Kellogg...

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Douglas Holding net gains 16%

Europe biggest perfumery chain last year sold 1.1 billion euros.  Douglas Holding AG said its full fiscal-year net profit rose to 88.1 mln eur after the company sold its Rene...

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Danone Eyeing Stake in Keventer's Milk Unit

The French company is seeking a majority stake in the Indian the unit, which has a capacity of three million liters a day.  But the Indian company – which is...

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$1.2B investment in food industry

Blackstone Group and Wellspring Capital Management to pay $34.5 per share of Performance Food. Performance Food said it will be combined with Vistar Corp., a foodservice distributor that Blackstone and...

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Nestle repeats medium term sales growth goal 5-6%

Swiss food group Nestle reiterated a longstanding medium-term goal of 5 to 6 percent annual growth in organic sales.  The world's largest foodmaker also repeated its target of steady annual...

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InBev's financial service center in Hungary

The company got HUF 760 million subsidy from the Ministry of Hungrian Transport and Economy.  InBev said in 2006 to decrease company's employes in West-Europe, to relocate the financial, trading...

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Weak dollar hits Delhaize Group revenue

Delhaize has more than 1,300 supermarkets in the United States and plans 146-156 new one.  Fourth-quarter group sales declined 3.4 percent to 4.68 billion euros ($6.94 billion), matching the average...

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Carlsberg's share fell from the mountain

Investors think at 800 pence, the S&N transaction would be to much. Carlsberg A/S, the Danish brewer jointly bidding for Scottish & Newcastle Plc, fell to a 13-month low in...

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Drink Tchibo Coffe – thinking about saving money – special offer in Austria

Erste Bank's „Sparefroh” bundles available at some 60 Tchibo/Eduscho locations in eastern Austria. Erste Bank is forging new paths in the marketing of financial products in Austria. From 11 January...

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Carrefour Express is year to year faster in Poland

Last year 120 million, this year 100 million euros investment in Poland. The world's second largest food retailer works since 1997 in Poland, it started an intensive expansion in 2005....

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Metro sold the Extra Retail Chain in Germany

From July Rewe will rename 245 Extra stores, in 2004 the company bought 119 Extra shops.  The sale of Extra enables Metro to concentrate its food retailing operations solely on...

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Toblerone 100 years succes

An exhibition in Bern salute for Toblerone, what is one of the 20 most well known Switzer brand.  Theodor Tobler (Jean Tobler's son) and Emil Baumann (production manager and Tobler's...

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21th OBI store opens in Sopron

The 7,600 sqm store waits for customers from Austria and West-Hungary. The investment was HUF 2 billions,  the offer is wide,  more than 10,000 products assortment are on the shelves....

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Tesco to ban Uzbek cotton in response to child labour abuses

Britain's biggest retailer Tesco said the use of forced child labour in Uzbekistan meant it would no longer buy the country's cotton to make its clothes.  The Environmental Justice Foundation...

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New HR director at SIO-ECKES Ltd.

Marianna Bartos came from Johnson&Johnson Ltd., and has got 15 years FMCG experience. The new HR director of the company, employing 250 people, said she belives that SIO-ECKES can get...

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Marketing director joined to TV2 management

Andrea Nagy has on her hand the off-air and on-air marketing and communications activities of the channel. The specialist has several years international experiences, started her carrier at Saatchi&Saatchi Budapest,...

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Canon scanners under new brand name

ScanFront, DR- and CR-scanners got a new brand name imageFormula from January.  Canon collected the products under one brand name and makes a new marketing strategy for them....

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Non-GM Label on Germany Food

Germany will introduce a special label for food that hasn't been genetically modified.  Agriculture State Secretary Gert Lindemann said the new “non-GM” label will apply not only to non-genetically-modified crops...

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Heineken Acquires Brewery in Nord Africa

The current growth of the Algerian beer market is approximately 10% per year, per capita consumption is 3.2 litres.  Heineken acquires Tango sarl from the Group Mehri. The company employs...

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The Superbrands are more known and attractive as other brands

The Brand Potential Index is high at meat and healthy products, but also at community portals. The Superbrands Hungary ask GfK Hungaria to research the brand knowing and the attitude...

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Video ads at grocery carts by Microsoft

Customers with a loyalty card will be able to log into a Web site at home and type in their grocery lists.  The software maker spent four years working with...

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Henkel sells its the industrial-water-treatment business

Israel Chemicals Ltd.'s subsidiary BK Giulini agreed to pay 60 million euros fo rthe unit.  Currently, HWT employs 180 people in sales, service, research and development and in the production...

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