Industry

Deals

LUKoil faces delays in Venezuela, puts Cuba on hold

Russia’s No. 2 oil firm LUKoil has put plans to buy a refinery on Cuba on hold because it is...

Deals

LUKoil faces delays in Venezuela, puts Cuba on hold

Russia’s No. 2 oil firm LUKoil has put plans to buy a refinery on Cuba on hold because it is...

Deals

Foreign firms eye China telecoms: may have to wait

China’s reorganization of its telecoms industry opens the door for foreign companies to the world’s largest telecoms market, but government...

Deals

Foreign firms eye China telecoms: may have to wait

China’s reorganization of its telecoms industry opens the door for foreign companies to the world’s largest telecoms market, but government...

Pharma

Unicredit says to cut 9,000 jobs in western Europe

Unicredit, Italy’s biggest bank by capitalization, said on Thursday it planned to cut 9,000 jobs in western Europe and invest...

Pharma

Unicredit says to cut 9,000 jobs in western Europe

Unicredit, Italy’s biggest bank by capitalization, said on Thursday it planned to cut 9,000 jobs in western Europe and invest...

Automotive

Volvo-Renault plant in central Russia to open in Jan 2009

Sweden’s Volvo Group will open a truck manufacturing plant in Kaluga, about 200km to the southwest of Moscow, on January...

Automotive

Volvo-Renault plant in central Russia to open in Jan 2009

Sweden’s Volvo Group will open a truck manufacturing plant in Kaluga, about 200km to the southwest of Moscow, on January...

Deals

EU approves Foxconn’s buy of two Sanmina plants

Hon Hai Precision Industry unit Foxconn of Taiwan won permission from the European Commission on Tuesday to buy two plants...

Deals

EU approves Foxconn’s buy of two Sanmina plants

Hon Hai Precision Industry unit Foxconn of Taiwan won permission from the European Commission on Tuesday to buy two plants...

Deals

Italy’s ERG and Russia’s LUKoil form refining JV

Russian oil major LUKoil and Italian refiner ERG SpA have formed a refining joint venture, with LUKoil taking a 49%...

Deals

Italy’s ERG and Russia’s LUKoil form refining JV

Russian oil major LUKoil and Italian refiner ERG SpA have formed a refining joint venture, with LUKoil taking a 49%...

Pharma

Fears of mass job cuts mount at investment banking

The pace of job losses in the investment banking industry is feared to accelerate over the summer after Goldman Sachs...

Pharma

Fears of mass job cuts mount at investment banking

The pace of job losses in the investment banking industry is feared to accelerate over the summer after Goldman Sachs...

Deals

Petronas, Eni make Pakistan gas discovery

A consortium that includes Italian oil company Eni SpA and Malaysia’s Petroliam Nasional Bhd (Petronas) have made an onshore gas...

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...