Industry

Deals

Kéri Pharma Hungary rebranded Actavis

Actavis Group, the international generic pharmaceuticals company announced that Kéri Pharma Generics in Hungary will be rebranded as Actavis with...

Deals

OMV to take further takeover steps

The owner of MOL Zrt’s largest share portfolio (20.2%), Austrian oil company OMV intends to come up with recommendations in...

Deals

OMV to take further takeover steps

The owner of MOL Zrt’s largest share portfolio (20.2%), Austrian oil company OMV intends to come up with recommendations in...

Deals

VCP says takeover Hungary’s FHB not on the agenda

Austria's Vienna Capital Partners (VCP) has no plan to take over Hungarian mortgage bank FHB in which it already has...

Deals

VCP says takeover Hungary’s FHB not on the agenda

Austria's Vienna Capital Partners (VCP) has no plan to take over Hungarian mortgage bank FHB in which it already has...

Retail

Puma says 2008 off to excellent start

Puma AG forecast higher 2008 sales and profit thanks to the Olympics and European Cup soccer after the German sports...

Retail

Puma says 2008 off to excellent start

Puma AG forecast higher 2008 sales and profit thanks to the Olympics and European Cup soccer after the German sports...

Deals

Office Depot profit falls sharply, expenses climb

Office Depot Inc, the second-largest US office supplies retailer, posted a sharply lower quarterly profit on Tuesday, hurt by higher...

Deals

Office Depot profit falls sharply, expenses climb

Office Depot Inc, the second-largest US office supplies retailer, posted a sharply lower quarterly profit on Tuesday, hurt by higher...

Deals

Swiss bank EFG sets new goals on profit leaps

Switzerland's EFG aims to triple profit by 2010 after posting a leap in 2007 results, saying it expected to buy...

Deals

Swiss bank EFG sets new goals on profit leaps

Switzerland's EFG aims to triple profit by 2010 after posting a leap in 2007 results, saying it expected to buy...

Deals

Siemens to cut 7,000 jobs

Germany's Siemens plans to cut 7,000 jobs of the workforce of its corporate telecoms unit, which it has been trying...

Deals

Siemens to cut 7,000 jobs

Germany's Siemens plans to cut 7,000 jobs of the workforce of its corporate telecoms unit, which it has been trying...

Retail

Investor launches Ft 25 bln property investment

The property investment company R-CO Zrt has started the Köki project in Budapest, the development of the metro terminal Kőbánya-Kispest...

Retail

Investor launches Ft 25 bln property investment

The property investment company R-CO Zrt has started the Köki project in Budapest, the development of the metro terminal Kőbánya-Kispest...

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...