Company and Personal News

Spar bankrupted in Romania

According to Ziarul Financiar; Romanian Spar asked for bankruptcy protection. The court of Arad registered the company due to the request of the two main shareholders – Ioan Adrian Cuc...

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Job-creating, logistics investment in Szeged

The logistics center of Hansa-Kontakt Kft., which deals with food, chemical, beverage and tobacco trading, was built from 5 billion HUF. The logistics center with a 28 thousand square meters...

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Record in number of visitors, and in revenue on the Sziget Festival

According to the report of econet.hu a record number of visitors (390 thousand) took part on the festival. Despite the decrease in sponsorship revenues, Sziget closed with a 150 million...

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Sixty-six percent of the firms will give fringe benefits to the staff next year

The fringe benefits providing by the small and medium-sized enterprises has significantly reduced. More than one-third of the companies do not give fringe benefits in any way. Among the fringe...

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Deloitte earlier this year also gave the Green Frog award

Deloitte Hungary this year also presents, the Central European Environmental Report Award, in its popular name, the Green Frog Award. The prize will be awarded to the companies, which will...

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Loss in the first half year at Danubius

The Danubius Hotel and Spa Nyrt. has reached a 1.3 billion HUF pre-tax loss in the first half of 2009. In the same period of last year its pre-tax profit...

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Tesco leaks into the Chinese market

In September, Tesco will open a store in an another Chinese city; in Ninghai. Tesco was athe last chain which appeared in China in 2004 and currently operates only 73...

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Schlecker will take over 71, from the stores of the Woolworth chain

German Schlecker network, which has businesses in Hungary will take over one-fourth, 71 from the stores of the bankrupted Woolworth chain of stores. The Woolworth Deutschland, which bankrupted in April,...

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Tokaj Merchant House should stay in long-term state ownership

The Management of the Tokaj Merchant House Ltd. (TK) would like that it would be a rule that the most important wine company of the historic wine region would remain...

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Tesco: action in honour of the Hungarian state foundation

From 14 to 27 August 200 well-known and popular fresh and dry Hungarian products will be brought into light in all Tesco stores of the country, during the period of...

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On of Aldi’s CEO waved goodbye

One of the most important British leader Paul Foley, who was in charge for Great Britain and Ireland at Aldi unexpectedly left the company. According to analysts Sainsbury's and Asda’s...

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Wal-Mart: nearly three and a half-billion profit in the second quarter of 2009

The world's largest retailer, Wal-Mart Stores Inc. achieved a 3.44 billion USD, 88-cent per share profit in the second quarter of 2009. The result is almost the same as the...

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A loss in the second quarter of 2009 at the InterContinental

The British InterContinental Hotels Group reported a net loss of 56 million USD in the second quarter of this year, compared to the net profit of the one year earlier...

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The water content in meat is five fold

Instead of the usual 2-3, but not more than 5 percent water content, 24.4 percent water was found in 80 tonnes of pork, of Kapuvári Meat Ltd. purchased by the...

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Arabs would also buy chicken of Békéscsaba

A company which exports on Arabian markets interested after Barnevál, the poultry processor of Békéscsaba, but specific bid has not yet arrived. If there will not be a buyer for...

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BB Boglár Vintage Festival

This year, for the 33rd time, one of the country's largest outdoor events will be held. The BB Boglár Vintage Festival waiting its guests with four days of concerts and...

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Nestlé’s profit decreased

The world's largest food industry group, Nestlé achieved 5.071 billion Swiss francs, after tax profit in the first half of the year, which is 2.7 percent decrease compared to the...

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Unilever intensifies the production of ice cream

Unilever Group intends to increase its Central and Eastern European ice cream producing capacity. The factory of Veszprém can also took a part in it. The Unilever group would build...

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Life at the Adriatic became more expensive

According to a Croatian media research; in the Southern-Slavic area, life is much more expensive than in Hungary, compared with the eight main food commodity prices. This year, much less...

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Tesco: Energy from expired meat

According to the plans of British chains of stores, around five thousand tonnes of expired meat unfit for consumption would be burned. It would be enough to power six thousand...

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Agricultural finance will stall on commercial banks

According to the Agricultural Chamber; the lack of credit is a risk to agriculture and using of EU aid and investments. Roughly 50 billion HUF is available from the source,...

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New shopping mall opens on 10 hectares

Zala Park will open on 27th August on 17 800 square meters with a total of 25 businesses. The investment has an area of 10 hectares and in the future,...

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Cafeteria system still has sense

Next year the tax-free fringe benefits will reduce. But the cafeteria system in 2010 will have a number of potential benefits – states RSM DTM Hungary. According to the calculations...

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IKEA actions

The renewed IKEA on Örs vezér Square waiting its customers from 10 am to 10 pm on 13th August. The Budaörs store operates the same opening hours. The Swedish-owned chains...

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New Commercial Director at Saga Foods Ltd.

From 10th August 2009, Vajdahunyadi Csaba (45) leads the Saga Foods sales team.  The expert who has MBA graduate, started his professional trading career as the regional representative for Procter...

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Hungarian tourism had a bad year

According to the informations of the Central Statistical Office; during the first half of 2009, 14 percent less than foreign tourists visited Hungary and the number of domestic visitors decreased...

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McDonald's: Increasing turnover and share price

In July, McDonald's continued to rise its revenues. Thanks to the increasing demand for hamburger and coffee, the company's sales increased by 4.3 percent, which exceeded the expectations of analysts....

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The creditors of FoodExpress can only get the fraction of their claims

Thirteen creditors with a total value of 823 million HUF submitted a claim on the liquidation of the Food Express, Hungary (FEH) Ltd. until deadline – reports the liquidator Csabaholding...

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Due to a dispute the production of Szobi Syrup can not start

According to the new owner; at the Szobi Syrup Ltd., production still can not restart due to a dispute, even though the plan for this year was a turnover of...

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Levegő Munkacsoport will not start a lawsuit against the shopping mall

Referring to the interest of the local residents, the Levegő Munkacsoport withdraw from the lawsuit against the Köki Terminál shopping centre. The green organization stressed that, after a long consultation,...

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