Industry

Retail

Private equity firm GED buys leading Bulgarian dairy company FAMA

Spanish private equity firm GED has made its entry into the Bulgarian dairy sector in third position. The firm has...

Retail

Germany’s Takko plans expansion in Eastern Europe

Advent International will acquire German clothes retail chain Takko from Permira Group and expand it in Romania, Bulgaria and Poland....

Deals

New office for LEWIS opens up in Budapest

Global agency, LEWIS PR, expands with openings in Budapest, Barcelona, Brussels and Frankfurt....

Retail

McDonald’s to run UK delivery fleet on its own cooking oil

US-based fast food giant McDonald's has reportedly announced plans to power its UK delivery fleet using the cooking oil from...

Deals

Kraft makes € 5.3 bln offer for Danone Biscuit operation

It does not include Groupe DANONE’s stakes in Biscuits businesses in Latin America (Bagley) or India (Britannia), and could lead...

Automotive

Fiat plans 16 bln yuan refueling in China

Italian industrial giant Fiat Group plans to spend more than 16 billion yuan in China in the years to 2010...

Deals

MOL rumors fuel bourse trading in Budapest

Approximately 70% of yesterday's Ft 53 billion ($292.7 million) trading volume at the Budapest Stock Exchange involved the shares of...

Deals

Fitch upgrades Rosneft to BBB-, outlook positive

Fitch Ratings upgraded Monday Russia's state-controlled oil company Rosneft's long-term foreign and local currency ratings from BB+ to BBB-, with...

Deals

Microsoft to introduce test versions of free services

Microsoft will introduce test versions of two new free services: Windows Live Folders and Windows Live Photo Gallery, media reported...

Deals

Lukoil plans spinning off low-margin assets into new company

Russian oil major Lukoil plans to spin off its low-margin assets into a separate company, Lukoil President Vagit Alekperov informed...

Deals

OMV seeks €13.5 bln credit from JP Morgan, Barclays for MOL purchase

OMV AG is in talks with JP Morgan and Barclays on arranging a credit line of €13.5 billion, enough for...

Automotive

EU to debate 162km/h speed limit for all new cars

Could the age of the fire-breathing sports car be coming to an end? With cars like the Bugatti Veyron and...

Transport

Air France-KLM, China Southern plan to establish cargo JV

Air France-KLM Group and China Southern Airlines agreed to have exclusive discussion over the creation of a cargo joint venture...

Deals

New World Bank head to help bank’s reputation – Russian official

Robert Zoellick, the World Bank's new president who assumed office July 1, will help normalize the bank's work after a...

Deals

Rosneft wants to catch up with world’s mayor energy companies

State-controlled Russian oil extraction company Rosneft intends to catch up with the world's mayor energy companies within the next few...

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...