Industry

Deals

Central bank introduces new statistics regime

The Central Bank of Hungary (MNB) has started calculating balance of payment statistics on the basis of direct reports from...

Deals

Ford probes option of selling Volvo to Renault

Ford Motor Co has had exploratory talks with French peer Renault SA to sell Volvo, but the talks ended quickly...

Automotive

Chrysler to shut minivan plant as sales slump

Chrysler LLC will shut its St Louis minivan plant, cutting production of its top-selling vehicle and 2,400 factory jobs in...

Deals

Ford probes option of selling Volvo to Renault

Ford Motor Co has had exploratory talks with French peer Renault SA to sell Volvo, but the talks ended quickly...

Automotive

Chrysler to shut minivan plant as sales slump

Chrysler LLC will shut its St Louis minivan plant, cutting production of its top-selling vehicle and 2,400 factory jobs in...

Pharma

Scandal-plagued Siemens to slash 17,200 jobs

Reeling from a wide-ranging corruption scandal, Conglomerate Siemens AG will slash up to 4% of its worldwide work force (about...

Pharma

Scandal-plagued Siemens to slash 17,200 jobs

Reeling from a wide-ranging corruption scandal, Conglomerate Siemens AG will slash up to 4% of its worldwide work force (about...

Automotive

Volvo gets order to sell 1,500 trucks in Hungary

Volvo said it received an order to sell 1,500 trucks to privately owned Hungarian logistics firm Waberer's Optimum Solution....

Automotive

Volvo gets order to sell 1,500 trucks in Hungary

Volvo said it received an order to sell 1,500 trucks to privately owned Hungarian logistics firm Waberer's Optimum Solution....

Automotive

AvtoVAZ, Renault plan to assemble new Lada models in 2010

Russia’s largest car producer AvtoVAZ and the French car manufacturing giant Renault will begin assembling new Lada models in 2010,...

Automotive

AvtoVAZ, Renault plan to assemble new Lada models in 2010

Russia’s largest car producer AvtoVAZ and the French car manufacturing giant Renault will begin assembling new Lada models in 2010,...

Automotive

Volkswagen unveils hybrid-car prototype

Volkswagen unveiled Thursday a hybrid-drive car that can be charged up through an electrical power socket....

Automotive

Volkswagen unveils hybrid-car prototype

Volkswagen unveiled Thursday a hybrid-drive car that can be charged up through an electrical power socket....

Deals

Polish insurer PZU to spend €3 bln to expand

Poland’s top insurer PZU plans to spend up to €3 billion ($4.7 billion) for expansion abroad that will focus on...

Deals

Polish insurer PZU to spend €3 bln to expand

Poland’s top insurer PZU plans to spend up to €3 billion ($4.7 billion) for expansion abroad that will focus on...

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...