Industry

Deals

OMV revokes declaration of intent to merge with MOL – extended

Austrian oil company OMV announced on Wednesday morning that it had revoked its intention published on September 25, 2007 to...

Deals

Sony shares rise after Sony BMG deal

Shares in Sony Corp traded higher on Wednesday after the electronics maker said on Tuesday it had agreed to buy...

Deals

Sony shares rise after Sony BMG deal

Shares in Sony Corp traded higher on Wednesday after the electronics maker said on Tuesday it had agreed to buy...

Pharma

Russian Technology, Pirelli to invest $387 mln in Volga tire plant

The state-owned Russian Technology corporation and the Italian-based multinational company Pirelli will invest $387 million in a project to build...

Pharma

Russian Technology, Pirelli to invest $387 mln in Volga tire plant

The state-owned Russian Technology corporation and the Italian-based multinational company Pirelli will invest $387 million in a project to build...

Deals

PMorgan plans $1 bln Asia property spree

JPMorgan plans to invest more than $1 billion in Asian real estate over the next three years, hoping to fill...

Deals

PMorgan plans $1 bln Asia property spree

JPMorgan plans to invest more than $1 billion in Asian real estate over the next three years, hoping to fill...

Deals

Russia’s Severstal closes $775 mln deal to buy US-based Esmark

Russian steel producer Severstal said on Tuesday it had finalized a $775 million deal to buy the US-based steelmaker Esmark....

Deals

Russia’s Severstal closes $775 mln deal to buy US-based Esmark

Russian steel producer Severstal said on Tuesday it had finalized a $775 million deal to buy the US-based steelmaker Esmark....

Deals

Swiss Re buys Barclays life arm

Swiss Re, the world’s largest reinsurer, has agreed to buy Barclays’ life assurance portfolio for £753 million ($1,474 billion) in...

Deals

Swiss Re buys Barclays life arm

Swiss Re, the world’s largest reinsurer, has agreed to buy Barclays’ life assurance portfolio for £753 million ($1,474 billion) in...

Automotive

EU sports car makers hit green block

As Europe’s giant car makers do battle with environmentalists and lawmakers over emissions curbs, makers of classic European sports cars...

Automotive

EU sports car makers hit green block

As Europe’s giant car makers do battle with environmentalists and lawmakers over emissions curbs, makers of classic European sports cars...

Pharma

Hungary’s Richter Q2 net falls on financial loss

Hungarian drug maker Richter Gedeon’s Q2 net profit fell due to financial losses caused by the sharp appreciation of the...

Pharma

Hungary’s Richter Q2 net falls on financial loss

Hungarian drug maker Richter Gedeon’s Q2 net profit fell due to financial losses caused by the sharp appreciation of the...

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...