Industry

Deals

France’s Societe Generale hit by fraud

One of France’s largest banks, Societe Generale, said Thursday it has lost €4.9 billion ($7.1 billion) through what it called...

Automotive

GM might concede world’s top auto maker title to Toyota

General Motors Corp. might have lost its world’s top automaker spot to its Japanese rival Toyota Motor Corp. as GM...

Automotive

GM might concede world’s top auto maker title to Toyota

General Motors Corp. might have lost its world’s top automaker spot to its Japanese rival Toyota Motor Corp. as GM...

Automotive

Hungary’s Rába and Germany peer establish JV

Listed engineering Hungarian company Rába has spun off its foundry business into a new joint venture with German peer M....

Automotive

Hungary’s Rába and Germany peer establish JV

Listed engineering Hungarian company Rába has spun off its foundry business into a new joint venture with German peer M....

Retail

Airbus gets Tam orders worth $6.9 bln

Leading Brazilian carrier TAM Linhas Aéreas has firmed up its order for 22 A350 XWBs and for four additional A330-200s....

Retail

Airbus gets Tam orders worth $6.9 bln

Leading Brazilian carrier TAM Linhas Aéreas has firmed up its order for 22 A350 XWBs and for four additional A330-200s....

Pharma

Ikea enters Kazakhstan

Ikea, the world’s largest home-furnishing retailer, plans to invest $500 million opening its first two shopping malls in Kazakhstan as...

Pharma

Ikea enters Kazakhstan

Ikea, the world’s largest home-furnishing retailer, plans to invest $500 million opening its first two shopping malls in Kazakhstan as...

Pharma

Bekaert to invest in Russia

To strengthen its existing position in Russia, the world’s largest maker of steel cord used in tires Belgium-based Bekaert, intends...

Pharma

Bekaert to invest in Russia

To strengthen its existing position in Russia, the world’s largest maker of steel cord used in tires Belgium-based Bekaert, intends...

Transport

Boeing delays Dreamliner shipment

The delay means Boeing will not be able to start delivering the plane until early 2009, rather than late 2008....

Transport

Boeing delays Dreamliner shipment

The delay means Boeing will not be able to start delivering the plane until early 2009, rather than late 2008....

Deals

Romania tipped as property hotspots

According to the organizers of the Homebuyer and Property Investor Show, Romania and the southern Alps are likely to become...

Deals

Romania tipped as property hotspots

According to the organizers of the Homebuyer and Property Investor Show, Romania and the southern Alps are likely to become...

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...