Industry

Automotive

Poland: GM Daewoo to acquire 40% stake in FSO

According to Reuters, GM Daewoo Automotive & Technology (GMDAT) plans to acquire a 40% stake in FSO from the Polish...

Pharma

Fill it up, please – with hydrogen!

But, from this month, this will become a familiar sight in the heart of the capital as a hydrogen fuel...

Deals

Croats in a frenzy ahead of telecom privatization

Croats are feverishly anticipating a “sure winner” with the mid-September initial public offering (IPO) of shares from the Croatian government’s...

Retail

Microsoft, Siemens VDO team on car navigation, entertainment

Microsoft’s in-car technology will play a prominent role in future auto entertainment and communication systems after the company reached a...

Automotive

Japanese carmakers increasingly eye foreign markets

Japan’s automotive industry is increasingly pushing into overseas markets such as China and India as sales turnovers at home are...

Automotive

VW chief aims to challenge Toyota on margins as well as technology

Volkswagen aims to challenge its main rival Toyota not only in the area of technology but also on plant efficiency...

Automotive

Ford in bid to buy Romanian car plant

Ford Motor Co. has made an offer of €57 million ($78.5 million) for a majority stake in the Romanian car...

Retail

First Starbucks opens in Russia

The first Starbucks coffee store has opened in Russia, a year after the firm won a legal dispute that had...

Retail

Ericsson signs billion-dollar deal with Indian telecom group BSNL

Swedish telecommunications equipment maker Ericsson on Friday said it has signed a $1.3 billion deal to expand and upgrade the...

Retail

Apple’s Jobs apologizes over iPhone price cut

Apple Inc. CEO Steve Jobs responded to customer dissatisfaction over the company cutting the price of its high-end iPhone by...

Deals

Hungary: Polgár logistics center starts first unit

As part of the first phase of a 38,000 sqm logistics center development project in the Polgár industrial park, the...

Retail

PKN Orlen, MOL, Skoda leading in ‘Top 500 CEE’

Seven Romanian companies are present in the ranking of the largest 100 companies in Central and Eastern Europe and 32...

Deals

Germany’s Siemens back for Russian Power Machines

German industrial conglomerate Siemens AG has notified Interros about the intention to execute its right of first priority and buy...

Pharma

Where emerging markets are safe

It’s not Asia, says David Frum. He suggests we take another look at Central Europe, where markets aren’t developing at...

Deals

Alitalia will reduce service at Malpensa by half

Alitalia intends to scrap 150-170 of its 340 daily flights from Milan Malpensa as part of a new business plan...

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...