Company and Personal News

New retail chain – RIA by Interfruct

The founder of RIA – the Interfruct Kft. calculates on 80 new member, independent stores, this year, and another 500 next year. The members of the chain will get several...

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Grolsch increases its profit

The Dutch brewer said that operating profit for the six months to the end of June rose to EUR11m compared to EUR10.2m in the corresponding period a year earlier. The...

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Loss of Lipton fails to hold Campari back in H1

Campari's wine division performed particularly well, bringing in a 19.7% lift in sales, hitting EUR56.9m. Group net profit rose by 2.5%. The Italian drinks company said today that operating profit...

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InBev prepares heavy investment for Belgian breweries

InBev is looking to invest up to EUR60m in operations at three of its breweries. The Belgium-based beer giant confirmed that it will plough the money into its Hoegaarden, Jupille...

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Brandcasting and Music Factory at the Coca-Cola summer campaign

Online concerts and 35,000 songs in the music collection at Sziget Festival.  The innovative new marketing elements, developed by Neo Interactive enriched big success at the target group. At the...

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Coca-Cola makea recycling popular

The incentive for members of the public to recycle more will be cash prizes of up to £18,000 for local Football League clubs to spend on youth development. Coca-Cola Great...

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CBA protects the Sunday shop stop

It is not necessary that the shops are open on every day – said Katalin Neubauer, CEO of CBA Retail Chain. According to the leaders and 30,000 workers of CBA...

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Coca-Cola Invests $60 Million

Coca-Cola Co. will invest more than $60 million to build a plastic bottle recycling plant in Spartanburg, USA. The plant will produce 100 million pounds of food-grade recycled plastic for...

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Unilever has developed more salt-reduced products

The range of products within the Pot Noodle brand will now contain 50 per cent less salt than in 2005, continuing the company's programme to reduce salt levels in all...

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PepsiAmericas has set up a joint venture in Bulgaria

The american beverage company, which initially owns 20% of the joint venture, said that the new arrangements with Agrima will result in PepsiAmericas owning 100% of the joint venture as...

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Turo Rudi production in China

EU-Milk Technologies Kft. made a joint venture with a chinese agriculture company to process milk products as the famous hungarian Turo Rudi (curded cold sweets), yoghurt and kefir. The company,...

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Nestlé has lined up the acquisition of a mineral water company

Upon completion of the deal, Nestlé_Waters will control slightly less than 25% of the Swiss bottled water market.  The food and drinks giant confirmed today that it has agreed with...

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Unilever to cut 10-12,000 jobs in Europe

Unilever's announcement in August that it would cut up to 11 pct of its workforce over the next four years as part of the 'One Unilever' programme.   Anglo-Dutch consumer...

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Dunkin' Donuts develops new zero trans oil

US-based Dunkin' Brands has developed a new oil in order to create trans-free fat bakery products without sacrificing quality, flavour and taste, the company said this week.   The Dunkin'...

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“Challenging” UK, US but InBev still up in Q2

The Belgium-based brewer has reported a strong showing in its second quarter, despite “challenging conditions” in both the UK and US.   Sales in the period rose by 7.6% in...

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Coca-Cola to close concentrates plant near to Dublin

The beverage giant would shut down one of its three ingredients plants in Ireland. The company will shift the production of concentrates from the 30-year-old plant in Drogheda, north of...

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Cadbury to buy Intergum

Cadbury's planned acquisition of the Turkey-based chewing gum manufacturer Intergum has been approved by the competition regulator. Cadbury announced the proposed 333m acquisition in June this year, claiming the move...

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Run on furniture – especially at IKEA

The Hungarian IKEA has reported HUF 38.6 billion revenues for its financial year ending 31 August, which is a 16% increase from FY2006. IKEA Lakberendezési Kft. had 4.7 million customers...

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Heineken fixed its 20-25% profit growth forecast

The Holland-based brewer said that net profit for the six months to the end of June fell markedly, by 30.4% year-on-year, to EUR302m, although net profit took a hammering from...

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Royal Unibrew buys Latvian brewery Livu Alus

The Danish brewer Royal Unibrew AS bought Latvia's third-largest brewery Livu Alus for 130 mln dkr.  The acquisition, which is subject to approval by relevant authorities, is expected to be...

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Bioethanol at Tesco from Monday

The Tesco Megapark in Pesterzsebet will be the first Hungrian and east-european gas station of Tesco where the green friendly drives can buy bioethanol. Europe second biggest hypermarket chain is...

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Helia-D Mélytisztító Arcgél

Sunflower stem extract and ground sea snail shell, the special ingredients of Helia-D Mélytisztító Arcgél help to remove dead epidermis cells and make our skin silky and fragrant....

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President from Szolnok

The recent shareholders’ meeting of Co-op Hungary Zrt. held on 24. May brought major changes. Pál Bartus president and CEO retired and 51 year old Lajos Csepeli, CEO of Coop...

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LLP growing

Revenues of LLP group increased by 12 per cent to EUR 7,7 million last year. Infor FMS SunSystems remained the largest division within the group, accounting for 56 per cent...

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First cock a doodle-doo by the Master Good cock

The usefulness of hostess promotions is often questioned by experts. There are arguments pro and contra, but hostess promotions are undoubtedly one of the most effective tools for the introduction...

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Zubrowka vodka

Premium category Polish vodka speciality. There is a leaf of buffalo grass in each bottle, a special trademark which gives the vodka a pleasant flavour, fragrance and a light green...

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Representing continuity

Following the retirement of Pál Bartus, László Murányi former general deputy of the CEO has become the new CEO of Co-op Hungary Zrt. He has been working in co-operative trade...

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Farmers may become shareholders in Sio-Eckes

Sió-Eckes Kft. has sold over 40 million litres of fruit juice, nectar and fruit drink in the first six months of the year, which is 4 per cent more than...

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From micro wave back to the oven again

Convenience products made without preservatives and exported by Master Good which allow housewives to prepare a delicious lunch or dinner in minutes, practically without any effort, are not too well...

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Bonbonetti Choco Fruit

The new Bonbonetti product, Choco Fruit is dried plums from California covered in black chocolate....

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