Industry

Deals

Enterprises to pump funding into Hungary

The region’s biggest venture capital and private equity investment group, Enterprises Investors, plans to spend €50 million-€75 million ($70 million-$106...

Retail

Boeing commercial airplane deliveries rise 9% in Q3

The Boeing Company announced on Thursday that it delivered 109 commercial airplanes in the Q3, up 9% from a year...

Deals

EU opens antitrust investigation into IBM takeover bid

The European Union’s competition regulator has opened an in-depth antitrust investigation into IBM’s takeover bid for Swedish software company Telelogic....

Deals

DaimlerChrysler ends corporate marriage with name change

DaimlerChrysler AG’s shareholders are expected to formally sign off Thursday on the end of car giant’s merger with the US...

Deals

Japan’s Hitachi Transport agrees to buy Czech logistics firm

Hitachi Transport System Ltd. reached a basic agreement Wednesday to acquire Czech logistics and distribution company ESA s.r.o. for an...

Deals

Bombardier to refurbish 56 class 5 coaches for NSB

Bombardier Transportation has been commissioned by the Norwegian State Railway (NSB) to refurbish 56 Class 5 coaches. The refurbishment will...

Deals

Shakeups in US brokerage firms

Morgan Stanley plans to cut 600 jobs after a decline in mortgage-related revenue led to lower Q3 earnings than analysts...

Deals

British Telecom opens new unit in Debrecen, Hungary

Pawel Karlowski, British Telecom’s CEO in the CEE region, announced on Tuesday that the company will increase the number of...

Deals

Global wealth climbs 7.5% in 2006, nearing $100 trillion

Global wealth grew by 7.5% in 2006 to reach $97.9 trillion, measured in local currencies. This increase marked the fifth...

Deals

EU fines four companies for forming bitumen cartel

The European Union fined four companies involved in Spanish road works a total of €183 million ($259 million) on Wednesday,...

Pharma

Austrian voestalpine AG to build Steel Service Center in Romania

The steel company plans to build €18 million ($25.5 million) service center in Romania in the first quarter of 2008....

Deals

Telekom Austria buys Belarusian MDC

Telekom Austria, the country’s former state-owned telephone operator, has acquired Belarus’s second-largest mobile phone provider MDC for €1.05 billion ($1.49...

Deals

Telekom Slovenije attracts 15 bidders

Slovenia’s Ministry of Economy has announced that the state received 15 bidders for the acquisition of a 49.13% stake in...

Automotive

LUKoil to negotiate Venezuela projects in October

LUKoil is set to hold talks in Venezuela this month on implementing projects in the Latin American country, the head...

Deals

Parliament approves bill on strategic companies

Hungary’s parliament approved a draft resolution classifying gas and electricity firms as strategic companies on Monday night. All parts of...

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...