Company and Personal News

Nomura: Tesco can overtake regional rivals

The Japanese investment bank Nomura, focused on Tesco's regional markets in its most recent analysis. It is estimated that the company's market share in the Hungarian, Czech, Slovak and Polish...

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Full house at the Volt Festival in Sopron

On June 28 the special train departed, that will deliver the guests of the Volt Festival every day until Sunday. It is the first time in the history of the...

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Meal vouchers against wage reduction

According to the Meal Voucher Distributor Association (EUFE); the net reduction in wages until 2014 can be compensated with smaller employers burden with meal vouchers – reports MTI. Bessenyey Bálint,...

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The fourth tender may bring in a former purchaser of Egervin

The fourth tender of the liquidator the Ratis Ltd. on the assets of the former Egervin now the Egri Integrált Borgazdaság Zrt. ended. This time evaluated bids were also received....

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2013 can be a turning year for the Praktiker

Praktiker had a 31.8 billion net revenue in the 2010 business year in Hungary. The DIY chain considers 2013 as the year of turning point and preparing for the post-crisis...

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Judit Lippai at Wonderduck

Judit Lippai is the new senior account manager of Wonderduck Agency, the expert used to work at Metropol before. She is starting her responsdibilities in July, now that Zsuzsanna Bonyhádi...

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The government ordered the development strategy of the hospitality sector

The government gives time to the national economy minister until the end of the year, to develop a proposal over a new fringe benefit, that can be easily identified and...

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The Chinese hypermarket giant plans a huge capital injection

The Sun Art Chinese hypermarket chain prepares for a 1.1 billion USD primary share issue in Hong Kong. The dominant owner of the company is the French Auchan. The Shanghai-based...

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The city center of Komárom renewed from one billion HUF

The renovation of Komárom's city center and the Jókai cinema completed, from 840 million HUF EU fundings. The more than one billion HUF investment was handed over on Tuesday. During...

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Fressnapf is one of the most successful brands of the year

Fressnapf and RTL TV series “Gute Zeiten schlechte Zeiten” (GZSZ) have won a bronze “Co-Brands Award” for their last year’s joint campaign “Mach dein Tier zum TV-Star” (make your pet...

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Gourmet dishes is the fast food restaurant

The “McGourmet” dinner program first started in 2004, when McDonald's Brazil invited journalists, nutritionists and other lucky guests to an elaborate dinner party featuring a menu of gourmet dishes created...

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The Hama Kft. will be the supplier of tesco on regional level

The Hungarian Hama Kft. won the right to be the supplier of Tesco on regional level. The significant increase in a traffic has a work preservation effect. Tesco last year...

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Tesco innovation in South Korea: one can purchase from a poster with a smartphone

Tesco could be “only” second on the South Korean market, with its business model. This is why local leaders gave birth to a revolutionary new idea. The South Koreans do...

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The first drive-in shop by METRO in Hungary

A new METRO Commercial Ltd. logistics center has been built in Keszthely, where professional partners of the company can pick up their previously ordered goods. This investment is considered to...

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The UNESCO evaluated the World Heritage status of Tokaj and Budapest

The World Heritage Committee of UNESCO evaluated 135 world heritage sites, including two locations in Hungary – notified the Office of Cultural Heritage (KÖH) to MTI on Friday. According to...

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Sheep-festival in Karcag

The capital of Nagykunság, Karcag has seen a special gastronomic event centered around sheep between 24th and 25th June, with more than 10-15 thousand visitors, many of whome coming from...

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Hama Hungary unit to supply Tesco stores in Central Europe

The Hungarian unit of German electronics wholesaler Hama on Friday said it had become a regional supplier to Tesco, a partnership expected to generate HUF 600 million of annual turnover....

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The German hospitality industry expects projecting revenues

The German hospitality industry faces a record summer: According to the survey of the German Chamber of Commerce and Industry, the hoteliers, guest house operators and camping operators expect that...

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Master Good plans expansion at poultry farms

McDonald's only Eastern European supplier Master Good announced it is carrying out a HUF 4.4 billion capacity expansion at its poultry farms. Master Good will expand broiler capacity at all...

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Visonka shares listed to get capital independently of banks

KEG, namely Central European Gas Terminal listed its feed unit Visonka on the Budapest Stock Exchange to get capital for developments independently of banks, KEG CEO Richard Pimper said at...

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SPAR vitamin-bag competition came to end

SPAR Hungary's special game which aimed to inspire customers to create unique and special vitamin-bags for SPAR has come to end now. The result is 23 080 creative plans, 3...

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New technology in Henkel's factory in Körösladány

In Henkel's Kőrösladány-based outlet, a new division has opened its gates this week, within the compass of a portfolio-change process. The investment is worth 750 million HUF. Henkel's factory in...

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Eu’Vend + Coffeena in September

From 8th to 10th September 2011 Eu'Vend will open its doors in Cologne for the fifth time. With an international exhibitor participation of 34 % and an international visitor participation...

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Tesco seeks to reach double profits in our region

Tesco wants to increase its current profit rate to double in the Central and Eastern European region. The company announced its plans on Wednesday. After the French Carrefour and U.S....

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New Auchan stores cannot be opened in Hungary before 2012

Auchan prepares for the opening of four rural units and one in the capital. As the recently appointed director of Auchan Hungary, Dominique Ducoux said, they are discussing on specific...

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Plus stores transformed to Lidl in Romania

The Romanian Plus stores opened as Lidl stores on Monday morning. The name change was the final step of the 300 million euros acquisition occurred last year. According to the...

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Modern poultry farm established with EU support

The Her-csi-hús Kft. and the Fáma Farm Kft. built a poultry farm using advanced technology, producing 720 thousand broiler chicken annually in Szabadegyháza-Középpuszta. The poultry farm, that built from 260...

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The new marketing strategy of Siófok is ready

The three-year marketing strategy of Siófok has been completed in the scope of an EU project, which would reposition the settlement in the country's tourist offering, breaking with the party...

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Dynamic growth planned by Hungary Meat Ltd.

Kiskunfélegyháza-based Hungary Meat wants to increase last year's slaughters from 1 million to 1.3 million. The company is a member of Pini group, and has been present in HUngary for...

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Red Bull Flying Bach-project is successful

In 2011, the ultimate clash of culture is ready to take centre stage in Europe as the ensemble around Berlin’s four times breakdancing world champions Flying Steps kick off the...

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