Industry

Deals

Media Markt celebrates premiere in Turkey

Media Markt, market leader in consumer electronics centers in Europe, opened its first Turkish store in Istanbul on Tuesday....

Automotive

Ford opens Nanjing plant in China

Ford Motor Co, a relative latecomer in China, yesterday opened a 160,000-unit car plant in this eastern city as part...

Pharma

Computer giant Lenovo to choose Poland – report

The majority Chinese-owned computer giant Lenovo will likely choose Poland over its smaller neighbor and fellow EU member Slovakia for...

Deals

Austrian OMV declares intent to combine with Hungary’s MOL – extended

OMV, the Austrian-based oil and gas company, on Tuesday declared its wish for a long-term cooperation with its Hungarian competitor...

Pharma

Russia to run out of oil in 50 years, gas in 75 years – scientist

Russia will run out of crude oil reserves in 50 years, and the country’s natural gas will be depleted in...

Automotive

Goodman beefing up operations in Poland

Goodman Group, which manages logistics real estate, has bought a 31.5 ha landsite in Modlniczka near Krakow. The company intends...

Deals

Israeli BSR Europe buys land for €240 mln Balkan projects

The company bought land in Brasov, Romania, and, together with a European real estate fund, also bought land in Bulgaria....

Retail

Lost fortunes: Wealthy Americans who have dropped off the Forbes 400 list

Ah, the late 1990s. Remember stopping into Starbucks, logging onto America Online over a latte and scooping up $5,000 or...

Deals

Nord Stream operator says Estonia measures will not stop project

Nord Stream AG, the operator of a natural gas pipeline being built under the Baltic, said Thursday it believes Estonia’s...

Pharma

Danish Coloplast completes new plant

Coloplast, a world leading manufacturer of medical device, opened its second factory in Hungary. The company signed a €100 million...

Pharma

Gestesa expands in Hungary

Spanish property developer and investor Gestesa has been expanding its business in the Central European region since 2006. Its first...

Automotive

Audi cutting emissions, but EU seeks more

CO2 target is an average of 130 grams per kilometer per vehicle by. Annoyance heated Ralph Weyler’s voice as the...

Deals

Gazprom may acquire stake in Baglan Bay plant

Russian gas company Gazprom plans to acquire a stake in Britain’s Baglan Bay power plant in affiliation with German utility...

Retail

Dell expanding its retail strategy plans store in Russia, Hungary

Dell Inc. the second-biggest PC maker, plans to open its first store in Russia, part of a retail strategy designed...

Pharma

Abu Dhabi to acquire Japan’s Cosmo Oil for $776 mln

An investment arm of the Abu Dhabi government will spend about $776 million to buy one-fifth of Cosmo Oil, becoming...

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...