Company and Personal News

Coop united and strong

Last year, the Coop group succeeded in executing the major points of its medium term strategy accepted in 2006. The IT system was modernised, many new franchise partners joined the...

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Super year ahead following a good year

The main topic of the event was the new way of thinking in commerce with 82 lectures delivered by over a hundred presenters. Rewe is the third largest retail enterprise...

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Opening with a wheelbarrow

The second BAUHAUS store with an assortment of 120,000 items was opened in Szigetszentmiklós on 27 December. Customers who had arrived with a wheelbarrow received a coupon for the prize...

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Zwack awards for suppliers

Zwack Kecskeméti Pálinka Manufaktúra held a partner meeting for over 30 fruit producers on 14. December. Guests took a one and a half hour palinka tour....

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Match with a distinctive strategy

In recent years, Match did not show rapid expansion. In fact, the number of their stores dropped. However, as results began to improve, the owners approved of opening new stores...

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Nielsen: ways to be different

A presentation about consumer expectations in retail was held by Sabine Schnell, director of Nielsen retail services in Germany. Retailers in the future will try to be distinctive compared to...

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Guilds for a common objective

An agreement on co-operation has been signed by the representatives of Pannon Bormíves Céh Egyesület and Pálinka Céh Egyesület at the St. Martin’s day celebrations held in Pannonhalma. Both NGO-s...

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If Milli, then it’s Debrecen

The new curd production plant of Friesland Hungária zRt. was opened on 22 November. The EUR 2 billion investment is part of their regional strategy to consolidate their activities in...

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Wider assortment for dm

OTC pharmaceuticals, homeopathic products and Alnatura bio-products are all recent additions to the dm assortment. The fiscal year ended on 30. September for dm Magyarország Kft. and results were excellent....

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Gloom ahead for retailers

The atmosphere was not really optimistic at the annual conference of the National Association of Retailers. Recession is felt in practically all segments of the retail business. According to Péter...

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Cryovac launches printable top web for vacuum packaging

The new Darfresh TP100 allows manufacturers to use high quality printing to differentiate their products.The new Darfresh TP100 top web film is printed on the surface using flexography in up...

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Ferroro to Built chocolate plant in Russia

The 200 million euro factory will produce 25,000 tons of its Raffaello and Kinder Chocolate brands annually.The Russia's chocolate market is valued at 250 billion rubles ($10.2 billion) with a...

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OBI is Going to Extend in Romania and Slovakai

With more than 500 stores OBI is the undisputed No 1 in the German market and one of the leading European DIY retailers, overall sales worth was EUR 5.8 billion....

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Fruit Logistica Berlin with Hungarian Exhibitors

The Hungarian Agrar Marketing Center donated 14 Hungarian fruit and vegetable growers and traders to be present on the exhibition. Around 2,000 exhibitors from 70 countries present – 45,000 top...

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New Business Environment Rating system by Coface

Complementary to Country@ratings, a new rating is thus available that reflects business environment quality by 150 country.  On the occasion of its annual country risk conference, Coface forecasts slower world...

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From industrial place to retail center at the former Zalahus plant

With 35-40 million euros investment a shopping center ring by green parks, playgrounds and car parks will be built by Convergence Capital Ltd. The construction works started in second half...

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Henkel Awards for research and technology invention

Finally, eight interdisciplinary project teams were chosen to receive the coveted prize.  The jurors of the Research/Technology Invention Award 2007 found it no easy task to pick the winners among...

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Espresso and cappucino are the most popular coffees

According a research by Valdo Café Hungarians drink coffee because of taste and its impact, most of use think coffee is unhealthy. Compatriots enjoy coffee mostly at home, daily once...

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HUF 45 million food was donated in Spar stores

Volunteers and officers of Hungarian Order of Malta collected foods durables 11th time in Spar stores for poor families and old people living alone.  Last in the Christmas action 130...

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Tesco to Open `Express' Convenience Stores in China

Since 2004, when the British Retailer started to operate with joint venture partnere, the company opened 50 hypermarkets, this year Tesco has 300 million dollars investment in China.  Tesco, Britain’s...

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Carlsberg will sell words most expensive bottle of beer for $400

The Vintage No. 1. is an exclusive beer where there will only be 600 bottles for 2008 Danish kroner in three exclusive restaurant in Coppenhagen.  Apparently the 10.5 percent proof...

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Brau Union to buy minority investors' shares

According to its option Brau Union AG buys out the rest 0.36% share of the company.  Heinken offers only HUF 8,887 per share, paying until 15 Februar trough Raiffeisen Bank,...

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Carrefour posted the biggest year-on-year sales increase in 2007 in Romania

The French group reported 866m-euro sales last year, up 54.5% from 2006.  Carrefour turnover evolution in Romania comes as a result of the expansion of the hypermarket network in 2007...

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Tommy Hilfiger halts flotation

The move could also prompt a rethink at other high-profile fashion brands, such as Prada and Salvatore Ferragamo in Milan. Hilfiger, viewed as an all-American lifestyle brand and famous for...

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New CEO at LLP Budapest

Zsolt Ambrus works from 1 March, he was the former division leader of Microsoft Dynamics Hungary.  The specialist worked for Oracle, than in 2003 he joined to Microsoft Hungary, first...

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Sephora To Open In-Store Cosmetics Shops ít M&S in UK

The possible joint venture would be based on a model employed by Sephora in the US, where it has shop-in-shops with JC Penney. Marks & Spencer is in provisional talks...

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Recommended Cash Offer for Scottish & Newcastle plc

The boards of Scottish & Newcastle plc have reached agreement with a newly incorporated company jointly owned by Carlsberg A/S and Heineken N.V.    Under the terms of the Offer,...

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Danubius Hotels to plan only operation in Marcali Hotel

Hungary's hotel operator Danubius Hotel Nyrt. has announced it has sold its ent56.7% stake in Marcali Hotel Kft..  Marcali Hotel Kft. is planning the building of a spa hotel in...

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