Industry

Deals

South Korea to privatize Daewoo Ship immediately

South Korea will privatize state-invested firms including Daewoo Shipbuilding and Marine Engineering , its finance minister said....

Deals

South Korea to privatize Daewoo Ship immediately

South Korea will privatize state-invested firms including Daewoo Shipbuilding and Marine Engineering , its finance minister said....

Automotive

Ford to shift focus to small cars

US car company Ford Motor Co is about to alter its focus drastically and build more small cars, the New...

Automotive

Ford to shift focus to small cars

US car company Ford Motor Co is about to alter its focus drastically and build more small cars, the New...

Deals

IBM selling $80 mln of Lenovo shares: term sheet

US computer giant IBM shed more of its stake in top Chinese PC maker Lenovo Group Ltd, offloading up to...

Deals

IBM selling $80 mln of Lenovo shares: term sheet

US computer giant IBM shed more of its stake in top Chinese PC maker Lenovo Group Ltd, offloading up to...

Deals

US union urges Citi to break up, unlock value

A large US union has urged Citigroup Inc to break itself up, saying the bank had become “too big and...

Deals

US union urges Citi to break up, unlock value

A large US union has urged Citigroup Inc to break itself up, saying the bank had become “too big and...

Automotive

China: Luxury car sales lead the market

Tang Lei has been busy during the first half of the year, but he is able to find time to...

Automotive

China: Luxury car sales lead the market

Tang Lei has been busy during the first half of the year, but he is able to find time to...

Retail

Belgium sees record bankruptcies in July

A record number of 916 Belgian companies went bankrupt last month, largely due to the soaring prices of raw materials...

Retail

Belgium sees record bankruptcies in July

A record number of 916 Belgian companies went bankrupt last month, largely due to the soaring prices of raw materials...

Deals

US Weatherford buys Romanian drilling firm

Houston-based Weatherford International, oilfield-services company bought a majority stake in Romanian oil driller Atlas Gip SA for about 50 million...

Deals

US Weatherford buys Romanian drilling firm

Houston-based Weatherford International, oilfield-services company bought a majority stake in Romanian oil driller Atlas Gip SA for about 50 million...

Automotive

Minister: “Russia may become biggest car market in Europe in 2008”

Russia may become the biggest car market in Europe by the end of 2008, Russian Minister of Industry and Trade...

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...