Company and Personal News

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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Sticking to beauty care

Attila Ireghy has become the new sales director of Helia-D Kft. He had worked for L’Oréal Magyrország Kft for 13 years where he had participated in the complete restructuring of...

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With buffaloes into the Hungarian market

Bols Hungary Kft. began selling one of the best known Polish vodka brands, Zubrowka in June. This is a premium brand sold in over 30 countries, achieving growth of over...

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World-wide leader

Pepsi has always been receptive to consumer needs, which allowed it detect changes in these needs, namely the increase in the popularity of functional and carbon-free soft drinks in time....

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Stores opening

Spar, Kiskunfélegyháza Open: 28 June 2007 Chain: Spar Store space: 1211 m2 SKU: – Spar, Szántód Open: 2 August 2007 Chain: Spar Store space: 902 m2 SKU: – Tesco, Karcag...

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Whisky brand for soberness

Mika Hakkinen, two time world chamion Formula One pilot opened an event called „Never drink, when you drive” on 31. July, in Budapest. This event is part of a world-wide...

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„Philosopher pasta maker” on innovation

– Dramatic changes are needed in marketing – declared i Guido Barilla, president of Barilla holding at the ECR Europe conference held in Milan, where over 150 lectures had been...

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For patriotic poultry buying

An agreement about co-operation has been signed by The Poultry Product Council (BTT) and SPAR Magyarország Kft.. This will allow the retail chain to publicise its decision to buy poultry...

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Whisky brand for soberness

Mika Hakkinen, two time world chamion Formula One pilot opened an event called „Never drink, when you drive” on 31. July, in Budapest. This event is part of a world-wide...

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Help worth 5 million from Tesco

Over HUF 5 million has been collected by customers and employees of Tesco between 1. July 2006 and 30. June 2007 for Kézenfogva Alapítvány to help retarded children. The biggest...

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Second Bauhaus under construction in Szigetszentmiklós

Construction of a new, 20,000 square meter Bauhaus store has begun near Szigetszentmiklós. Europe’s leading “do it yourself “chain is building two stores in Hungary with an investment of HUF...

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Sugar free Coke turning 25

Coca-Cola light was the first sugar free soft drink to appear in 1982. Today, 119 million glasses are consumed daily in 173 countries. Coca Cola light is the market leader...

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News

Danone SA has sold its biscuit division to US based Kraft Foods Inc. for EUR 5.3 billion. The plans of the new owner regarding Hungary are unknown yet. Retail food...

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New leader for Metro

José Maria Cervera (42) will become the new CEO of Metro Cash & Carry Hungary on 1. August. The new CEO had worked in various positions for the Spanish Makro...

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Question:

Does László Murányi, CEO of Co-op Hungary Zrt. see the same players operating in the Hungarian food trade in 2010 which are present in 2007? Does he expect new companies...

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On the wings of melodies

According to Mood Media Group, a leading provider of background music, the positive effects of melodies are beginning to be used in Hungary as well to enhance customer satisfaction. MMG...

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Answer:

Trends of recent years show a constantly developing market. Total turnover has grown from HUF 1445 billion in the year 2000 to nearly 2400 billion in 2006. Hyper markets produced...

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Healthier baby food

Following a long process of development which had cost HUF 30 million, the baby food product line of Univer Product Zrt. has become the first in the Hungarian market to...

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Variations for Bomba! back lit signs

Six companies have entered the competition organised by the magazine Sign and Büki Üdítő Kft. for designing special back lit signs for the Bomba! image....

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Gramex expanding

Gramex 2000 Kft, one of the biggest domestic manufacturers of private label soft drinks is practically doubling the size of its Veresegyháza facility. Both a new warehouse and a new...

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Without milk

Montice yoghurt drink is a premium quality product of Mona Hungary, available in strawberry and multi frutti flavours. Sales of fresh products among milk substitutes are growing rapidly as well....

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Twice as much Pöttyös for Children’s day

This year over 40 thousand units of Pöttyös Túró Rudi have been delivered to hospitals all over the country as gifts for Pöttyös Children’s Day. This is double the quantity...

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