A baker takes loaves of bread out of an oven in the Lipoti Bakery ...
Nov 3rd, 2011
(Reuters) - A baker takes loaves of bread out of an oven in the Lipoti Bakery in Budapest, November 3, 2011. The Lipoti Bakery started as a small family venture in 1992 in Lipot, western Hungary, and grew into a chain of more than 100 stores in Hungary and Slovakia. It employs more than 750 people and generates annual revenues of about 10 million euros. In 2011, it was shortlisted as one of the ten best business ventures in Europe by the European Business Awards. REUTERS/Bernadett Szabo (HUNGARY - Tags: BUSINESS FOOD) -
LONDON (Reuters) - Britain's Royal Mail moved a step closer to privatisation on Thursday after the appointment of a firm to set up an employee share scheme, one of the pre-conditions for a sale. Under the 2011 Postal Services Act, which paves the way for privatisation, some 10 per cent of shares in Royal Mail will be set aside for the employee... [Full Article]