Industry

Deals

Deutsche Telekom to cut 400 accounting, audit posts says report

German telecommunications operator Deutsche Telekom plans to downsize its accounting department and eliminate 400 jobs, or one-third of its workforce,...

Deals

Deutsche Telekom to cut 400 accounting, audit posts says report

German telecommunications operator Deutsche Telekom plans to downsize its accounting department and eliminate 400 jobs, or one-third of its workforce,...

Retail

SoftCon buys into Extrem Digital

Hungary’s market leader online electronics dealer, Extrem Digital Kft has sold a 25% stake to Switzerland-based SoftCon Intformatik AG, preparing...

Retail

SoftCon buys into Extrem Digital

Hungary’s market leader online electronics dealer, Extrem Digital Kft has sold a 25% stake to Switzerland-based SoftCon Intformatik AG, preparing...

Pharma

Shell and partners open Shanghai’s first hydrogen refueling station

Shell Hydrogen, the China Ministry of Science and Technology, the Shanghai government and Tongji University have opened the first hydrogen...

Pharma

Shell and partners open Shanghai’s first hydrogen refueling station

Shell Hydrogen, the China Ministry of Science and Technology, the Shanghai government and Tongji University have opened the first hydrogen...

Pharma

Rosneft will focus on upgrading its refineries

Russian oil company Rosneft plans to focus on upgrading its Russian refineries, rather than expanding their capacity, company vice-president Peter...

Pharma

Rosneft will focus on upgrading its refineries

Russian oil company Rosneft plans to focus on upgrading its Russian refineries, rather than expanding their capacity, company vice-president Peter...

Pharma

German group seeks Eastern Europe Plus supermarkets

Germany’s biggest general grocer, Edeka, voiced interest Sunday in acquiring the German-owned Plus chain of discount supermarkets in Poland, the...

Pharma

German group seeks Eastern Europe Plus supermarkets

Germany’s biggest general grocer, Edeka, voiced interest Sunday in acquiring the German-owned Plus chain of discount supermarkets in Poland, the...

Pharma

NATO to set up base in Pápa, Hungary

Pápa will host the new NATO airbase supplying the alliance’s troops stationed in Afghanistan and Iraq, announced Defense Minister Imre...

Pharma

NATO to set up base in Pápa, Hungary

Pápa will host the new NATO airbase supplying the alliance’s troops stationed in Afghanistan and Iraq, announced Defense Minister Imre...

Deals

Hungary’s MOL completes the acquisition of 100% of IES

MOL Hungarian Oil and Gas Plc. announced that on 15 November 2007 the acquisition of 100% of IES was completed....

Deals

Hungary’s MOL completes the acquisition of 100% of IES

MOL Hungarian Oil and Gas Plc. announced that on 15 November 2007 the acquisition of 100% of IES was completed....

Deals

GAC to open new regional logistics office in Czech Republic

Dubai-based GAC is opening a new regional logistics office strategically located in Prague, Czech Republic, as part of the Group’s...

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...