Industry

Deals

OMV steps up pursuit of MOL

The two largest Central European energy companies are headed for a clash after the chief executive of one, OMV of...

Retail

Eastern European semiconductor centre opened in Czech Republic

Texas Instruments’ Prague customer support centre is the second such centre that the company has created in the region, building...

Deals

Belgium’s WDP to invest €150 mln in logistic projects

Real estate investment company, Warehouses De Pauw is launching its activities in Romania by purchasing 5 sites, with a total...

Retail

Russia’s largest lingerie retailer to debut in Britain

Russia’s largest lingerie retailer is set to become the country’s first retail chain to open in the United Kingdom, a...

Deals

FIAT to plough up all Russia

FIAT-controlled Case New Holland has declared the intention to set up tractor production facilities in Russia. It is the third...

Deals

Foxconn to invest over $50 million in St. Petersburg electronics plant

Foxconn Electronics, the world’s largest provider of electronics manufacturing services (EMS), based in Taiwan, is planning to invest at least...

Deals

Mol ready to welcome allies but not OMV

Hungarian energy group Mol Nyrt is open to partnerships with bigger rivals, CEO Zsolt Hernádi said in an interview.....

Deals

Israeli Aura and partner in $262 mln Romanian project

The company is involved in residential projects in Eastern Europe and Kazakhstan with an estimated aggregate pretax profit of 380...

Transport

Deutsche Bank rises stake in Russia’s Aeroflot

Frankfurt-based Deutsche Bank AG, Germany’s largest bank, has increased its stake in Russia’s flagship airline Aeroflot from 1.8% to 8.8%,...

Deals

Why the market’s going nuts

Panic spreads: Mortgage problems infect Wall Street and stocks around the world....

Deals

KD invests €10 mln in mandatory pensions

Slovenian-based group KD, which is present in Romania with investment management, life insurance and brokerage companies, is preparing to enter...

Retail

Nissan to expand TIIDA sales across Europe

TIIDA to be launched in Germany, Spain, Switzerland, Austria and Portugal - on sale from January 2008; - four and...

Deals

Yen surges as carry trade unwinds

A dramatic surge in the Japanese yen over recent days has cut off a key source of liquidity for the...

Deals

American buys Yukos debt-laden foreign assets

Two last assets of the bankrupt oil giant Yukos went under the hammer on Wednesday, finishing the company’s long carve-up....

Deals

Allen & Overy top for international associate satisfaction

Allen & Overy has been ranked top firm for international associate satisfaction in American Lawyer magazine’s midlevel associate survey....

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...