Industry

Deals

Rietumu Group acquires brokerage company in Ukraine

Latvia’s Rietumu Bank’s subsidiary brokerage company IBS RB Securities has completed a buyout deal with the Ukrainian brokerage company Oschadna...

Deals

Rietumu Group acquires brokerage company in Ukraine

Latvia’s Rietumu Bank’s subsidiary brokerage company IBS RB Securities has completed a buyout deal with the Ukrainian brokerage company Oschadna...

Automotive

Volkswagen to move Slovakia line to Bosnia

Volkswagen, Europe’s biggest car maker, plans to move an assembling line from Slovakia to Bosnia, the director of Volkswagen’s partner...

Automotive

Volkswagen to move Slovakia line to Bosnia

Volkswagen, Europe’s biggest car maker, plans to move an assembling line from Slovakia to Bosnia, the director of Volkswagen’s partner...

Transport

Malév to lay off 400 staff

Hungary’s Malév will lay off 400 staff to cut costs, the airline told MTI on Monday....

Transport

Malév to lay off 400 staff

Hungary’s Malév will lay off 400 staff to cut costs, the airline told MTI on Monday....

Automotive

Report shows: India among world’s top 15 automakers

With a burgeoning auto industry to boast of, India has made it to the top 15 automakers of the world...

Automotive

Report shows: India among world’s top 15 automakers

With a burgeoning auto industry to boast of, India has made it to the top 15 automakers of the world...

Deals

Oman may sell Caspian pipeline stake if offer right

Oman would consider selling its 7% stake in the Caspian Pipeline Consortium (CPC) if the Gulf Arab state receives a...

Deals

Oman may sell Caspian pipeline stake if offer right

Oman would consider selling its 7% stake in the Caspian Pipeline Consortium (CPC) if the Gulf Arab state receives a...

Deals

Axel Springer may bid for Polish news channel – paper

German media group Axel Springer may compete with Polish publisher Agora to buy 33% of a small local news channel,...

Deals

Axel Springer may bid for Polish news channel – paper

German media group Axel Springer may compete with Polish publisher Agora to buy 33% of a small local news channel,...

Deals

Russia’s Evraz to mine iron ore in western Australia

Russia’s largest steelmaker Evraz Group S.A. said on Thursday it had signed an agreement on developing an iron ore deposit...

Deals

Russia’s Evraz to mine iron ore in western Australia

Russia’s largest steelmaker Evraz Group S.A. said on Thursday it had signed an agreement on developing an iron ore deposit...

Deals

Chrysler in talks with Tata and Fiat: sources

Chrysler is in talks to lease US production capacity and share retail distribution with Fiat SpA, allowing the Italian automaker...

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...