Industry

Pharma

LG center opened in Budapest

The first Central-European air-conditioning technology retraining center of South Korean electronics company LG Electronics Inc opened in Budapest yesterday....

Automotive

Avtovaz plans to set up JV with Fiat for engine production

AvtoVAZ plans to establish a joint venture to produce engines with Italy's Fiat, the Russian carmaker's head said Thursday....

Pharma

Emerging economies power Audi sales to new record

Luxury German carmaker Audi AG raced ahead by 9.8% to a hit a new record during the H1 of the...

Deals

BP-Shell merger could be on the cards

Media reports are surfacing stating that UK oil titan BP and its fellow player Shell could be planning a friendly...

Deals

GE and Helios strike €175 mln deal in Romania

GE Real Estate Central & Eastern Europe and Helios Phoenix have created a JV to undertake €175 million ($238 million,...

Automotive

Assembling a future – report

Slovakia's low wages, tax breaks are likely to bring yet more companies to join VW and others amid a bustling...

Retail

British Dawnay to invest in Satu Mare, Romania

Atrium Centers, controlled by Dawnay, Day PanTerra, has recently acquired 2.7 hectares of land in Satu Mare in order to...

Transport

Wizz Air launches new routes from Poland to UK

Wizz Air announced today that it would further expand its route network from Poland by launching new flights from Wroclaw....

Deals

EBRD takes equity stake in KazInvestBank

The EBRD is taking an equity stake of up to 25% in KazInvestBank, valued at up to 2.5 billion Tenge...

Automotive

Amtek Auto plans to expand in European market

Indian auto parts maker Amtek Auto Ltd is eyeing two more acquisitions in Europe and plans to spend $150 million...

Transport

Jordan: RJ to operate nonstop to Budapest starting with end of July

Vice President/Marketing, Sales and Services Hussein Dabbas said that the twice-weekly service is bound to increase in light of the...

Automotive

New York crude oil futures close with 10-month-high

New York crude oil futures closed above $70 the first time since August 2006 on Friday amid concern over supply....

Deals

Nestle wins EU conditional approval to buy Novartis nutrition business

The world's biggest food and beverage company Nestle won conditional approval from the European Union on Friday to buy the...

Deals

Mol to sell stake in INA

Hungary's oil and gas giant Mol may sell its shares in INA, a Croatian oil-firm, to stop further acquisitions by...

Deals

Poland ranked second only to China for production investment

Poland ranked second only to global Goliath China in 2006 in terms of attracting foreign direct investments in production and...

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...