Industry

Deals

ING Lease to acquire Citileasing in Hungary

ING Lease, a subsidiary of ING Wholesale Banking and one of the top five international lease companies in Europe, announced...

Deals

Looking at stock, housing markets from a global perspective

Overheated and wildly fluctuating stock and real estate markets across the globe have become one of the largest risks threatening...

Deals

Little-known company buys Yukos overseas assets for $307 mln

A company earlier believed to be affiliated with Russian state-owned crude producer Rosneft bought overseas assets of bankrupt oil company...

Transport

Malév flights available through Ultitek’s CRS

Ultitek Ltd. announced that Malév Airlines (MA) has signed an agreement with Transportation Clearing House (TCH) of Russian Federation to...

Retail

Principal Bank partners with CashEdge for online money transfer

CashEdge TransferNow technology changes the way bank customers bank online....

Deals

Oppenheim purchases €132 mln worth of retail facilities in Poland

The property investment company Oppenheim has acquired a portfolio of three hypermarkets, in addition to a shopping gallery adjoining one...

Retail

EU decides on liquidating corn intervention stocks

Competent EU authority is tendering all 1.2 million tons corn intervention stocks stored in Hungary, a decision argued for by...

Deals

Germany’s Rutronic opens subsidiary in Serbia

Electronic component distributor Rutronik has strengthened its Eastern Europe presence through a sales office in Serbia....

Deals

Darby closes €300 mln Central Europe Mezzanine Fund

Darby Overseas Investments, Ltd. (“Darby”), the private equity arm of Franklin Templeton Investments, announced that its Darby Converging Europe Mezzanine...

Pharma

First batch rolls from Hankook’s Hungary Plant

Hankook Tire has shipped its first batch of tires produced at the company’s maiden European manufacturing operation....

Deals

VimpelCom buys 100% of Irkutsk-based subsidiary of Tele2

VimpelCom has bought 100% of shares in Corporation Severnaya Korona, a mobile operator based in Siberia’s Irkutsk Region, from Sweden’s...

Deals

VSMPO-Avisma sets up Swiss subsidiary, Tirus International

Russia’s VSMPO-Avisma, the world’s largest titanium producer, has created a fully-owned distribution company in Switzerland, Tirus International SA....

Deals

Emerging markets boost for Coca-Cola brands

Emerging markets in Europe and Asia continue to boost the global profitability of Coca-Cola’s brands as two of its regional...

Retail

UK utilities: low carbon intensity requires right generation mix

To be regarded as green, UK utilities need to find the right mix of low carbon power generation....

Pharma

Chevron completes sale of Benelux Fuels marketing business to Delek

Chevron Corporation announced the completion of the sale by its subsidiaries in Belgium, the Netherlands and Luxembourg (Benelux) of their...

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...