Company and Personal News
Spar bankrupted in Romania
Date: 2009-08-19 00:04:00
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
Date: 2009-08-18 00:06:55
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
Date: 2009-08-18 00:04:30
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
Date: 2009-08-18 00:03:30
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
Date: 2009-08-18 00:03:00
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
Date: 2009-08-18 00:02:00
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
Date: 2009-08-17 00:01:30
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
Date: 2009-08-17 00:00:30
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
Date: 2009-08-14 00:10:25
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
Date: 2009-08-14 00:08:00
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
Date: 2009-08-14 00:04:00
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
Date: 2009-08-14 00:03:30
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
Date: 2009-08-14 00:02:00
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
Date: 2009-08-14 00:01:00
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
Date: 2009-08-13 00:08:25
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
Date: 2009-08-13 00:06:35
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
Date: 2009-08-13 00:02:00
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
Date: 2009-08-13 00:01:38
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
Date: 2009-08-13 00:01:00
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
Date: 2009-08-13 00:00:30
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
Date: 2009-08-12 00:08:00
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
Date: 2009-08-12 00:03:45
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
Date: 2009-08-12 00:02:00
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
Date: 2009-08-12 00:01:00
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.
Date: 2009-08-12 00:00:30
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
Date: 2009-08-11 00:06:00
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
Date: 2009-08-11 00:04:10
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
Date: 2009-08-11 00:02:30
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
Date: 2009-08-11 00:01:00
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
Date: 2009-08-11 00:00:30
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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