Industry

Retail

New technology would store carbon underground

Standing near an 800-meter-deep bore hole in the ground here, Frank Schilling picked up a fist-sized cylinder of sandstone and...

Transport

Wizz Air expands its Bucharest base

Wizz Air announced yesterday that it would expand operations from Bucharest in Romania by deploying an additional A320 aircraft delivered...

Pharma

Luxury German carmakers enjoy buoyant sales

Germany’s leading luxury carmakers have shaken off worries about a surging euro to report a strong growth in sales last...

Deals

EU gives green light to Barclays’ bid for ABN Amro

The European Union (EU) gave the green light on Monday to the proposed acquisition by British banking giant Barclays of...

Deals

E.C. clears E.ON to buy Endesa, Enel assets

The European Commission Monday cleared German energy company E.ON AG to buy Endesa Europa SL, a subsidiary of Spanish power...

Automotive

Chery to supply Fiat with 100,000 engines annually

Chery Automobile Co., Ltd. and Italy’s Fiat Auto have signed an agreement that Chery will supply Fiat with 100,000 engines...

Deals

GE Money signs European deal with Ryanair

GE Money, the global consumer lending unit of GE and Ryanair announced that they have signed a deal which will...

Deals

Private equity firm takes over Chrysler

The private equity firm Cerberus Capital Management Friday took control of Chrysler, returning the automaker to US ownership....

Automotive

Russia becomes Chinese car industry’s largest market

Russia was the largest importer of Chinese cars in the H1 of 2007, accounting for 16% of the country's total...

Retail

Petrol station retail chain project in Russia suspended by investor

The Russian grocery retail chain Paterson, which has been working on the establishment of a petrol station convenience store chain...

Deals

Canadian Magna outlines Russian venture

Magna International Inc. chairman Frank Stronach rejected several privatization proposals put to him last year before hooking up with controversial...

Deals

Mutual investors couldn’t wait – Russia

Instability on world stock markets and poor results on the Russian stock market dampened private investors’ interest in mutual funds....

Deals

Morgan Stanley faces fine, says report

US securities regulators plan to penalize Morgan Stanley $6.1 million for allegedly overcharging customers on $59 million in bond sales,...

Deals

Oil firm MOL surprise acquisition of Croatian chain

Hungarian oil company MOL Nyrt has acquired Croatian gas retail chain Tifon, MOL announced yesterday....

Pharma

Poland attracts record FDI in 2007 first five months

Poland attracted $6.4 billion worth of foreign direct investment between January and May this year, beating all records for a...

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...