Industry

Deals

Bridgestone seen planning $11 billion investment

Japan’s Bridgestone will invest more than $11 billion over five years to boost production as it vies with France’s Michelin...

Deals

Buffett sells entire PetroChina stake

Warren Buffett’s investment company Berkshire Hathaway has made a $3.5 billion profit though the sale of its shares in Chinese...

Deals

Buffett sells entire PetroChina stake

Warren Buffett’s investment company Berkshire Hathaway has made a $3.5 billion profit though the sale of its shares in Chinese...

Transport

Wizz Air selects Cluj Airport to serve Transylvania in Romania

Wizz Air announced that it would operate all of its flights serving Transylvania in Romania from Cluj-Napoca International Airport and...

Transport

Wizz Air selects Cluj Airport to serve Transylvania in Romania

Wizz Air announced that it would operate all of its flights serving Transylvania in Romania from Cluj-Napoca International Airport and...

Deals

Economic tensions rise as euro, oil prices surge to record

Finance ministers and central bankers from the world’s leading industrial nations are meeting in Washington Friday amid signs of renewed...

Deals

Economic tensions rise as euro, oil prices surge to record

Finance ministers and central bankers from the world’s leading industrial nations are meeting in Washington Friday amid signs of renewed...

Deals

EBay loses more than 936 mln USD in Q3 on Skype charges

Although the e-commerce juggernaut eBay has record revenue of $1.89 billion in the Q3, its net loss is more than...

Deals

EBay loses more than 936 mln USD in Q3 on Skype charges

Although the e-commerce juggernaut eBay has record revenue of $1.89 billion in the Q3, its net loss is more than...

Deals

Hungary: October deficit better than expected

In October, the budget deficit –counted without municipalities’ finances- will be Ft 31.9 billion, projected the Finance Ministry (PM)....

Deals

Hungary: October deficit better than expected

In October, the budget deficit –counted without municipalities’ finances- will be Ft 31.9 billion, projected the Finance Ministry (PM)....

Deals

Bawag likely to also sell stake in Hungary’s MKB bank in future

Austrian banking group Bawag P.S.K. AG is likely sell off its 10% stake in Hungary’s MKB Bank Nyrt, according to...

Deals

Bawag likely to also sell stake in Hungary’s MKB bank in future

Austrian banking group Bawag P.S.K. AG is likely sell off its 10% stake in Hungary’s MKB Bank Nyrt, according to...

Deals

OMV stands by MOL offer, MOL rebuffs

Austrian oil firm OMV told Reuters on Wednesday it stands firmly by its offer for Hungarian rival MOL and may...

Deals

OMV stands by MOL offer, MOL rebuffs

Austrian oil firm OMV told Reuters on Wednesday it stands firmly by its offer for Hungarian rival MOL and may...

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...

Hungary Retail Sales Rise 4.3% in September as Non-Food Spending Leads Growth

Hungary’s retail sales volume rose 4.3% year-on-year in September 2026, driven by growth in non-food and automotive fuel sales, according...

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...