Company and Personal News

McDonald's moves to Switzerland

McDonald's is going to transfer its registered office from the United Kingdom to Switzerland, due to the more favorable tax rules, relating to intellectual property. The new center will be...

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Melon producers are not affected by Auchan's 59 HUF per kilogram prices

Auchan has advertised Melon special action. 59 forints for a kilogram of melon. The President of Melon Association do not afraid of the pricedown effect of the action. Street vendors...

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Migros loses out to Lidl

Swiss supermarket chain, Migros, has seen its profits fall due to the competition from Lidl, according to the group's head of directors, Herbert Bollinger. Speaking to the press he said...

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The bread factory has been closed in Szentes

In the bread shop, of the bread factory, bread still can be purchased but the production has been stopped, the plant has been closed on the 1st of July. The...

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Asda wants customer feedback to decide product range

Wal-Mart’s Asda customers will soon be able to have a say when it comes to the sorts of products they want to see on the shelves in its UK stores....

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Tesco vs. trade union – court case can be from the strike

Tesco sent written warnings to its employees who participated in Liga's 8th of May strike. Independent Trade Union of Workers wants to bring the case into court. The employer was...

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Tesco Travel is waiting its customers with travel offers

Tesco-Global Stores Ltd. has launched its new service under the name of Tesco Travel. The selling of the offers occures through TSC Ltd. with the assistance of contracted partners like...

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Assets elements of Herz can be sold, Gyulai Húskombinát waits for bank guarantee

The agony of traditional Hungarian meat industry continues. Redundancies started at Herz Szalámi, elements of assets are waiting to be sold. A Gyulai Húskombiánt Ltd. is still waiting for MFB...

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SPAR chose Pricer to the electronic shelf labels

Abroad some chains are no longer open new businesses without digital shelf labels. The Spar South Africa decided to standardize Pricer's electronic shelf label system two years ago. During the...

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The economic and cultural effects of Balaton Sound

According to a survey among the festival visitors of Balaton Sound, more than two-third of the visitors travelled to the site because of the event. After 2007 and 2008, the...

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Vianni and Limit is expanding in Eastern Hungary

Vianni and Limit retailer distibuting primarily domestic chemical products, but distibuting also food, further expanding the number of its shops this year. The first Eastern Hungarian unit is expected to...

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Baker Festival in Komárom

Several thousand people visited the monastery-fortress of Komárom during the weekend, where the national Baker Festival took place for the seventh time. This year, the Napoleonic times was summoned by...

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PepsiCo plans one billion dollar investment in Russia

PepsiCo Inc. has announced plans to invest US$1 billion (€720 million) in Russia over the next three years, together with its partner Pepsi Bottling Group. The company says that the...

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Dreher – The Responsible Drinking Program was renewed

More than 41 thousand people visited the www.alkohol.info.hu web site, which expanded with new themes as the newest element of The Responsible Drinking Program of Dreher Breweries Ltd. Dreher Breweries...

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Rewe strengthens cooperation with independent retailers

The Rewe Group has confirmed the Management Board's course proposed for a successful future. The so-called “Declaration of Munich” was adopted unanimously. The declaration focuses on adopting the Rewe brand...

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A new bottling plant and pálinka distillery in Érpatak

Zsindelyes Pálinka Distillery will build an automatic bottling plant and a new brewery in September. The 229 million HUF investment will be realized partly by EU support. The automated bottling...

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A new Tesco store opened in Sárvár

The newest member of Tesco hypermarket chain has been opened on 3rd of July in Sárvár. The new 3,000 square-meter complex is waiting its customers seven days a week, between...

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Large beer and hamburger consumption on VOLT Fest

One of the biggest festival of Hungary started on Wednesday in Sopron. This year, for the 17th time acceptable prices are expecting visitors. The beer is the most favourite product...

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The best investment agency of the regio

The American investment magazine, Site Selection chose ITD Hungary, the Hungarian investment agency to the best investment agency in Eastern Europe. Budapest became the region's third most attractive investment location....

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Private radio in the Tesco – the first in the region

Tesco last year around Christmas time has already been provisionally applied Mood Media's concept of a satellite radio and this year decided to finally shift in the general store background...

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Coca-Cola opens two new plants in China

Coca-Cola and its bottling partner, COFCO Coca-Cola Beverages Ltd., have opened two new bottling facilities in the less developed central and western parts of China. One of the bottling plants...

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So far, four billion – IT project of Coop reached mid-term

The introduction of Coop food commercial network's integrated IT system reached its turning point. The newest store, which is the five-hundredth unit of the Co-op Star Ltd. had been attached...

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Coca-Cola's new vending machine became festival winner

A new interactive Coca-Cola vending machine with a large format touch-screen and Bluetooth capabilities has taken home the Gold Lion in the Point of Sale category at the 2009 Cannes...

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Tesco vs. Interspar

Tesco reckons unfounded and misleading Blikk's Interspar advert relaesed on 26 June, which classified Tesco unethical, which states that Tesco's comparison of prices was unethical. Interspar alleged the slogan in...

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Carrefour expands in Romania

Due to the changing market circumstances, the French retail chain, Carrefour expands its network of supermarkets in Romania while reposes a few of its hypermarket plans. The Carrefour has slowed...

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The Code and VAT on the menu

A two hour discussion has been held by members of Márkaklub (the Brands Club) and Márkaszövetség (the Brands Association) with invited guests about the conflict evolving in connection with the...

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Invitel opening high tech data centre

A state of the art new 1,500 square meter server centre has been opened by Invitel. The biggest advantage of Datacenter is that it allows companies to reduce their costs...

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Mondi manufacturing its brand new bags in Békéscsaba

Mondi Consumer Flexibles opened its expanded production facility in Békéscsaba on 19. May. As a result of the expansion, production capacity has been doubled, with 2 500 square meters of...

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Code against multinationals?

Hungarian farmers have been waiting for the government to help them in improving their one-sided position in bargaining with multinationals since our accession to the EU. The drastic drop in...

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Herz Salami under liquidation

A court ruling ordering the liquidation of Herz Szalámigyár Zrt. has come into effect. János Jámbor, owner of the majority shareholders, Formont Kft. and Aventa 96 Kft. is negotiating with...

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