Industry

Deals

OTP says on track for 2008 target, seeks divestments

Hungarian retail bank OTP is on track to meet its 2008 earnings targets but a difficult global environment will require...

Deals

Eminvest to pump $1 bln into SSAC

Emirates Investment and Development company (Emivest) will invest about $1 billion (3.678 billion dirham) in a US-based light executive jet...

Deals

Eminvest to pump $1 bln into SSAC

Emirates Investment and Development company (Emivest) will invest about $1 billion (3.678 billion dirham) in a US-based light executive jet...

Deals

Gold extends biggest-ever gain as funds seek safety

Gold rose as much as 3% to a more than six-week high on Thursday, extending its biggest ever one-day rise...

Deals

Gold extends biggest-ever gain as funds seek safety

Gold rose as much as 3% to a more than six-week high on Thursday, extending its biggest ever one-day rise...

Deals

Abu Dhabi now eyes Hollywood

The Abu Dhabi Media Company (ADMC) is eyeing investment opportunities in film-making as hedge funds abandon Hollywood and studios scramble...

Deals

Abu Dhabi now eyes Hollywood

The Abu Dhabi Media Company (ADMC) is eyeing investment opportunities in film-making as hedge funds abandon Hollywood and studios scramble...

Deals

AIG rescued by Fed

Capping an extraordinary day in financial markets, US authorities pieced together an emergency $85 billion rescue of insurance company American...

Deals

AIG rescued by Fed

Capping an extraordinary day in financial markets, US authorities pieced together an emergency $85 billion rescue of insurance company American...

Pharma

GE to launch 5 regional headquarters in China

General Electric Co. will soon set up five new regional headquarters in China to further tap a huge market that...

Pharma

GE to launch 5 regional headquarters in China

General Electric Co. will soon set up five new regional headquarters in China to further tap a huge market that...

Deals

CEZ eyes Kazakhstan, Vietnam for acquisitions – interview

Czech power group CEZ will look for acquisitions in Kazakhstan and Vietnam due to a lack of opportunities in its...

Deals

CEZ eyes Kazakhstan, Vietnam for acquisitions – interview

Czech power group CEZ will look for acquisitions in Kazakhstan and Vietnam due to a lack of opportunities in its...

Retail

World’s most expensive and ultra luxurious LCD TV launched

German company Schaub Lorenz has unveiled the world’s most expensive and ultra luxurious LCD TV in the Middle East market...

Retail

World’s most expensive and ultra luxurious LCD TV launched

German company Schaub Lorenz has unveiled the world’s most expensive and ultra luxurious LCD TV in the Middle East market...

Pharma

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Pharma

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

Pharma

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Manufacturing

Coca-Cola HBC Hungary Announces Record HUF 35 bln Expansion

Coca-Cola HBC Magyarország announced a HUF 35 bln investment to expand its Dunaharaszti production center on Wednesday, marking its largest...

Retail

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

MOL Gets U.S. Clearance for Preparatory Steps in NIS Acquisition

MOL has received a U.S. sanctions license authorizing certain preparatory transactions related to its potential acquisition of a stake in...

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

Wizz Air Luton–Sofia Flight Diverted to Budapest After Bomb Threat

A Wizz Air flight from London Luton to Sofia was diverted to Budapest after receiving a bomb threat during the...

Pirelli Cinturato Winter 3 Takes Top Honors in European Tests

As winter approaches, drivers face a familiar question: which tires can provide dependable performance when road conditions start to change?...

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Hungary’s First Mr D.I.Y. Store to Open at Köki Alongside Popeyes

Budapest’s Köki shopping center will welcome Hungary’s first Mr D.I.Y. store and the country’s fourth Popeyes restaurant in November. Footwear...

Coca-Cola HBC Hungary Announces Record HUF 35 bln Expansion

Coca-Cola HBC Magyarország announced a HUF 35 bln investment to expand its Dunaharaszti production center on Wednesday, marking its largest...

Ryanair Adds 12th Budapest Aircraft and Eight Routes for Winter

Ryanair will base a 12th aircraft in Budapest for its winter 2026 schedule, operating 54 routes, including eight new connections,...

Michelin Celebrates 30th Anniversary of Presence in Hungary

Michelin celebrated the 30th anniversary of its presence in Hungary at an anniversary event at its Nyíregyháza facility (231 km...

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

Geely Leads Interest in Chinese Car Brands Newly Launched in Hungary

Geely attracted the most interest among Chinese car brands entering Hungary this year, according to January-September data from used car...

Futureal Acquires Hungary’s Largest Outlet Center

Futureal has acquired Premier Outlet Budapest, Hungary’s largest outlet center, as it expands its Hungarian operations into direct investment in...

Serbia Says MOL Deal for NIS Stake Signed; MOL Reports No Disclosure Update

A contract for MOL’s acquisition of a stake in Serbian oil and gas company NIS from Russia’s Gazprom Neft has...