Industry

Deals

India may be most preferred offshoring destination

Belt-tightening by global technology giants, a fallout of US economic slowdown, is likely to reinforce India as the most preferred...

Deals

India may be most preferred offshoring destination

Belt-tightening by global technology giants, a fallout of US economic slowdown, is likely to reinforce India as the most preferred...

Deals

Croat INA aims to sell petrol to EU markets in 2009

Croatia’s oil and gas concern INA aims to be able to produce petrol for the European Union markets in 2009,...

Deals

Croat INA aims to sell petrol to EU markets in 2009

Croatia’s oil and gas concern INA aims to be able to produce petrol for the European Union markets in 2009,...

Retail

Tesco to buy 36 South Korean stores

Tesco said on Wednesday it would buy 36 discount stores from South Korea’s E-Land for $1.9 billion (£976 million) in...

Retail

Tesco to buy 36 South Korean stores

Tesco said on Wednesday it would buy 36 discount stores from South Korea’s E-Land for $1.9 billion (£976 million) in...

Deals

Austrian Airline extends deadline for Saudi investor

Flag carrier Austrian Airlines (AUA) extended a last deadline to a key Saudi investor until May 21 on Tuesday, but...

Deals

Austrian Airline extends deadline for Saudi investor

Flag carrier Austrian Airlines (AUA) extended a last deadline to a key Saudi investor until May 21 on Tuesday, but...

Automotive

Toyota plans $215 mln expansion at China plant

Toyota Motor Corp plans to invest 1.5 billion yuan ($214.6 million) to boost production capacity at a facility in north...

Automotive

Toyota plans $215 mln expansion at China plant

Toyota Motor Corp plans to invest 1.5 billion yuan ($214.6 million) to boost production capacity at a facility in north...

Automotive

Russia eyes $4 bln arms contract with Saudis

Russia’s state arms exporter Rosoboronexport is preparing a $4 billion arms contract with Saudi Arabia, the Gazeta daily reported on...

Automotive

Russia eyes $4 bln arms contract with Saudis

Russia’s state arms exporter Rosoboronexport is preparing a $4 billion arms contract with Saudi Arabia, the Gazeta daily reported on...

Automotive

Hungary: Hungrana spends €100 million to triple bioethanol capacity

Hungary’s Hungrana, Europe’s biggest maize processor, has spent €100 million to more than triple its bioethanol capacity to an annual...

Automotive

Hungary: Hungrana spends €100 million to triple bioethanol capacity

Hungary’s Hungrana, Europe’s biggest maize processor, has spent €100 million to more than triple its bioethanol capacity to an annual...

Deals

Winning bid for British Energy will have to rise to £16 bln

Bidders for British Energy will have to boost their offers by 40% to £16 billion to have a chance of...

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...