Industry

Automotive

Audi hits record profitability, more growth to come

Volkswagen’s Audi AG premium unit enjoyed record profitability in 2007 and forecast further growth for this year in earnings, vehicle...

Deals

Dundee Precious Metals, Bulgaria strike gold mine deal

The Bulgarian government and Dundee Precious Metals Inc have reached a long-stalled deal over the Canadian company’s plans to expand...

Deals

Dundee Precious Metals, Bulgaria strike gold mine deal

The Bulgarian government and Dundee Precious Metals Inc have reached a long-stalled deal over the Canadian company’s plans to expand...

Transport

Air France-KLM puts conditions on Alitalia bid

Air France-KLM sought to win the backing of Italian labor unions as it announced a conditional bid for ailing Alitalia...

Transport

Air France-KLM puts conditions on Alitalia bid

Air France-KLM sought to win the backing of Italian labor unions as it announced a conditional bid for ailing Alitalia...

Deals

Slovenia posts record ‘07 growth, slowdown seen

Slovenia posted the highest economic growth since its 1991 independence last year, when it joined the euro zone, but analysts...

Deals

Slovenia posts record ‘07 growth, slowdown seen

Slovenia posted the highest economic growth since its 1991 independence last year, when it joined the euro zone, but analysts...

Deals

MOL recruits Oman Oil in OMV fight

Hungarian oil firm MOL will sell 8% of its shares to Oman Oil Co (OOC) in a move analysts say...

Deals

MOL recruits Oman Oil in OMV fight

Hungarian oil firm MOL will sell 8% of its shares to Oman Oil Co (OOC) in a move analysts say...

Deals

Libya asks partners to reduce oil field stake

Libya has asked its consortium partners to cut stakes in one of its oilfields, as part of an effort to...

Deals

Libya asks partners to reduce oil field stake

Libya has asked its consortium partners to cut stakes in one of its oilfields, as part of an effort to...

Deals

Serbia plans big IPOs to draw Western investors

Serbia’s political instability has made Western investors hesitant to participate in privatizations, and it’s going to take major moves such...

Deals

Serbia plans big IPOs to draw Western investors

Serbia’s political instability has made Western investors hesitant to participate in privatizations, and it’s going to take major moves such...

Deals

Progress made in Iraq oil oversight – IMF official

A UN watchdog agency cannot say whether all of Iraq’s oil money was properly used but significant progress has been...

Deals

Progress made in Iraq oil oversight – IMF official

A UN watchdog agency cannot say whether all of Iraq’s oil money was properly used but significant progress has been...

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...