Industry

Deals

Commerzbank to buy Dresdner, axe 9,000 jobs

Commerzbank agreed to buy Dresdner Bank from Allianz on Sunday in a $14.5 billion all-German deal that will break the...

Deals

Commerzbank to buy Dresdner, axe 9,000 jobs

Commerzbank agreed to buy Dresdner Bank from Allianz on Sunday in a $14.5 billion all-German deal that will break the...

Retail

ScottishPower to hike gas and power prices

ScottishPower is to increase its household gas prices by 34% and average retail power prices by 9% from Sep. 1,...

Retail

ScottishPower to hike gas and power prices

ScottishPower is to increase its household gas prices by 34% and average retail power prices by 9% from Sep. 1,...

Deals

“China’s ICBC to buy Russia’s Rosevrobank”

Industrial & Commercial Bank of China Ltd (ICBC) the world’s biggest bank by market value, is buying 100% of Russian...

Deals

“China’s ICBC to buy Russia’s Rosevrobank”

Industrial & Commercial Bank of China Ltd (ICBC) the world’s biggest bank by market value, is buying 100% of Russian...

Pharma

Analysts put 2008 GDP growth under 3% in light of falling investments

Analysts polled by MTI on Friday said Hungary’s GDP growth is likely to be under 3% in 2008 in light...

Pharma

Analysts put 2008 GDP growth under 3% in light of falling investments

Analysts polled by MTI on Friday said Hungary’s GDP growth is likely to be under 3% in 2008 in light...

Pharma

Michelin scraps Mexico plant plan due slowdown

Michelin of France on Friday scrapped plans for a second plant in Mexico due to slow demand in North America....

Pharma

Michelin scraps Mexico plant plan due slowdown

Michelin of France on Friday scrapped plans for a second plant in Mexico due to slow demand in North America....

Deals

Commerzbank race for Dresdner nears finish

Commerzbank has entered the final stretch of a race to buy Dresdner Bank from Allianz amid doubts in Beijing that...

Deals

Commerzbank race for Dresdner nears finish

Commerzbank has entered the final stretch of a race to buy Dresdner Bank from Allianz amid doubts in Beijing that...

Deals

LUKoil, ConocoPhillips bring North Russia oil field on stream

LUKoil and US energy giant ConocoPhillips have put into operation an oil deposit in northern Russia, the country’s leading crude...

Deals

LUKoil, ConocoPhillips bring North Russia oil field on stream

LUKoil and US energy giant ConocoPhillips have put into operation an oil deposit in northern Russia, the country’s leading crude...

Automotive

China’s Jiangling to build Polish car plant – paper

Jiangling Motors plans to build a car factory in Poland to become the first Chinese automaker to establish a European...

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...