Industry

Deals

Gazprombank to set up subsidiary in London

Gazprombank has decided to open a financial company in London, the bank's press service said Thursday....

Automotive

Honda to build original cars in China

Honda Motor Co. said Wednesday it would become the world's first foreign automaker to develop and market cars under an...

Pharma

Poland attracts $746 million in FDI in H1 of 2007

Poland attracted 31 new foreign direct investment (FDI) projects in the H1 of 2007, primarily in the electronics sector, the...

Deals

Cargo Central Europe to bid for Hungary’s MÁV Cargo

Rail World Inc., a US-based railway management and investment company specializing in privatizations and restructurings and Mid Europa Partners, a...

Automotive

Chevrolet Europe targets booming new Eastern markets

General Motors may be having to beg, plead and bribe for every sale in the US, but its blue-collar subsidiary...

Transport

Air France-KLM eyes Iberia Airlines

Air France-KLM SA is looking at Iberia Airlines of Spain SA as a possible merger target, the French airline said....

Deals

Hungary’s MOL says it can create value alone

Oil firm MOL spurned what it said was a hostile approach from Austrian rival OMV and presented new financial targets....

Retail

European online marketing to top €16 bln in 2012

Spending on online marketing in Europe will double in the next five years, from around €7.5 billion in 2006 to...

Pharma

Fidelity launches emerging markets fund

Fidelity International is seeking to tap into the natural resources market with a fund investing in emerging Europe, the Middle...

Retail

Europe happy isn’t happy for emissions

Europe's carbon emissions have risen markedly over the last 40 years, but the extra fuel use has brought little increase...

Deals

Third direct Lufthansa service from Munich to Romania

In September, Lufthansa will start flying to Sibiu (formerly known as Hermannstadt), making it the third city in Romania after...

Deals

Banks worldwide sharply hike spending to combat money laundering

Banks around the world have spent an average of 58% more to combat money laundering over the last three years,...

Automotive

Ford denies reports it’s in talks to sell Volvo unit – update

Ford is denying reports that it's putting Volvo up for sale. Officials say the company is not negotiating with anyone...

Retail

Alcan: bought by Rio Tinto for $38.1 bln

Rio Tinto on Thursday reached agreement on a deal to buy Canadian aluminum producer Alcan for $38.1 billion, topping the...

Deals

Russian billionaire Abramovich buys gold mine in Chukotka

Millhouse Capital, an investment vehicle for Russia's number one on the Forbes list, Roman Abramovich, has bought its first gold...

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...