Industry

Transport

EU foreign ministers approve deal on US-bound passenger data transfer

Foreign Ministers of the European Union (EU) approved Monday a new deal on providing Washington with data of passengers on...

Deals

Barclays reaches deal with China, Singapore in ABN bid

Britain's Barclays Bank has reached a deal with China and Singapore making the two governments major shareholders in preparation for...

Transport

Aeroflot approves deals to buy Airbus, Boeing planes

The board of directors of Russia's flagship airline Aeroflot approved Monday the purchase of two new long-range Airbus 350XWB passenger...

Deals

China buys stake in Barclays in ABN twist

The heated battle for Dutch bank ABN Amro has taken an unexpected twist this morning after Barclays raised its offer...

Deals

BSR Europe in talks to join Romanian, Kazakh projects

The Israeli company will finance the deals with the NIS 600-700 million ($142-165 million) in proceeds from the sale of...

Retail

Average wage in Russia tops $500/month

The average gross monthly wage in Russia in June was 13,810 rubles, that is, more than $500, according to Rosstat,...

Automotive

European Commission endorses €32 million aid to Kia Motors Slovakia

The European Commission has authorized under EU state aid for regional development rules ad hoc aid of €32 million ($44...

Deals

Dell acquires SilverBack for beefing up services

Dell is set to buy privately held managed services provider SilverBack Technologies....

Pharma

Toyota group outsells GM in H1 of 2007

Japan's automobile group Toyota Motor Corp surpassed US auto giant General Motors Corp to become the world's top automobile seller...

Deals

MOL and INA find natural gas deposits – extended

The first tests of explorative drilling codenamed “Zaláta-1” show that the hydrocarbon stock found in Zaláta will be of a...

Automotive

Serbian automaker Zastava, General Motors sign Opel deal

Serbian automaker Zastava and General Motors Corp. signed on Thursday a contract for the local assembling an Opel model starting...

Deals

European low-cost carrier Ryanair announces 11 new routes

Ryanair opens 11 new routes from its bases in Barcelona, Bremen, Brussels, Dublin, London, Marseille and Milan....

Deals

Linde Group concludes the acquisition of Turkish industrial gases company BOS

The technology group The Linde Group has concluded the acquisition of the Turkey based industrial gases company Birlesic Oksijen Sanayi,...

Pharma

Pirelli, US Delphi to invest in Romania

Italian tire company Pirelli plans to invest €235 million ($325 million) to boost its production capacity in Romania....

Pharma

Romania’s advert market rises 35% in H1 2007

Romania's advertising market grew 35% in the first six months of this year compared with the same period of last...

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...