Industry

Automotive

EC approves proposed acquisition of Volkswagen by Porsche

The European Commission (EC) has cleared the proposed acquisition of Germany's Volkswagen by Porsche, a news release said....

Automotive

EC approves proposed acquisition of Volkswagen by Porsche

The European Commission (EC) has cleared the proposed acquisition of Germany's Volkswagen by Porsche, a news release said....

Deals

Hungary ranks third for industrial and logistics investments

Hungary placed third in global real-estate consultant Cushman and Wakefield's 2008 ranking of the top countries in Europe for location...

Deals

Hungary ranks third for industrial and logistics investments

Hungary placed third in global real-estate consultant Cushman and Wakefield's 2008 ranking of the top countries in Europe for location...

Transport

Malév to cancel overseas flights

Hungarian airline Malév announced on Wednesday that it would remove its flights to New York and Toronto from its winter...

Transport

Malév to cancel overseas flights

Hungarian airline Malév announced on Wednesday that it would remove its flights to New York and Toronto from its winter...

Deals

Rate of vacant office space up in Budapest

The vacancy rate on Budapest's office-space market increased 0.6% in Q2 of 2008 to 12.6% at the end of June,...

Deals

Rate of vacant office space up in Budapest

The vacancy rate on Budapest's office-space market increased 0.6% in Q2 of 2008 to 12.6% at the end of June,...

Automotive

Volkswagen Q2 operating profit seen slightly higher

Volkswagen, the world's fourth-largest carmaker, is expected to report a slight rise in Q2 earnings and reaffirm its guidance for...

Automotive

Volkswagen Q2 operating profit seen slightly higher

Volkswagen, the world's fourth-largest carmaker, is expected to report a slight rise in Q2 earnings and reaffirm its guidance for...

Automotive

Nissan’s Ghosn sees no 2009 US auto recovery

Nissan Motor Co does not expect US. auto sales to bounce back in 2009 after a sharp decline this year,...

Automotive

Nissan’s Ghosn sees no 2009 US auto recovery

Nissan Motor Co does not expect US. auto sales to bounce back in 2009 after a sharp decline this year,...

Deals

OMV remains interested in Croatian energy firm

In a letter sent to Croatian financial market regulator Hanfa, Austrian oil company OMV said it had never had the...

Deals

OMV remains interested in Croatian energy firm

In a letter sent to Croatian financial market regulator Hanfa, Austrian oil company OMV said it had never had the...

Deals

Yahoo profit down, outlook intact

Yahoo Inc's net profit fell 19% but investors took heart that it did not change its outlook despite a weakening...

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...