Industry

Transport

Russian oligarch Abramovic “first private owner of an A380 superjumbo”

Russian billionaire Roman Abramovich, who owns the British football side Chelsea, has been revealed as the mysterious private citizen who...

Pharma

Presence of foreign capital on the increase

Analysts are observing a new improvement in FDI. Irish and Chinese companies have already announced new investments in Hungary....

Pharma

PepsiAmericas invests in Bulgarian bottling operation

PepsiAmericas Inc. today announced that it has formed a joint venture that has completed the purchase of Agrima JSC. Agrima...

Retail

US TPG to buy out 60% in Sedmoi Kontinent

US TPG Capital sealed yesterday a preliminary agreement with holders of Sedmoi Kontinent for buying out 60% in 7K-Investholding that...

Pharma

Shetland to build hydrogen houses

The fight against climate change has received a boost from a Shetland partnership who have pledged to build the isles'...

Transport

Dragonair to join oneworld on first of November

Dragonair will join oneworld on 1 November 2007, as the global airline alliance announced. Its addition to oneworld is expected...

Deals

Political backing of CEZ-MOL deal denied

Czech PM Mirek Topolánek denied that the Czech government participated in setting up a strategic cooperation between Czech Energy Works...

Pharma

Hungarian and Chinese PMs meet

Prime Minister Ferenc Gyurcsány is scheduled to meet his counterpart Wen Jiabao and vice president Zeng Qinghong for talks at...

Deals

European investors mulling financials again

Some investors are considering buying financial stocks again in order to prepare themselves for a likely leveling off in European...

Deals

Ukrainian oligarch becomes shareholder in American media company

Ukrainian billionaire Igor Kolomoiski bought 3% in Central European Media Entreprises (CME), the media company controlled by the American Ronald...

Automotive

Ford negotiates for Romanian plant, Toyota does deal with EDF

Ford is to push into Eastern Europe by buying a majority share in a car plant at Craiova, Romania. It...

Automotive

Porsche reported to seek majority control of Volkswagen

Porsche dismissed Saturday a fresh news report that it was planning to secure majority control of Volkswagen, the German-based car...

Deals

Hungary’s FHB Bank snapped up by over twenty investors

Hungarian Finance Minister János Veres on Friday said that the 50% stake in FHB Bank the state sold in a...

Deals

Leading biodiesel corporation on Inc. Magazine’s Top 500

Renewable Energy Group, Inc. is the first biodiesel company to make the list of fastest-growing private companies in America....

Deals

CEZ and MOL cooperate, OMV disagrees

MOL and CEZ signed a letter of intent to establish a strategic alliance on Thursday announced MOL Nyrt. OMV says...

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...