Industry

Automotive

Boeing signs with Chinese suppliers new contracts worth half billion dollars

US aviation giant Boeing on Friday announced agreements with Chinese suppliers for the production of commercial aircraft parts and components,...

Automotive

Audi picks its plant in Hungary for new A3 vehicle

German car manufacturer Audi AG will manufacture its new A3 Cabriolet at its plant in Győr, western Hungary, the company's...

Pharma

HCL Tech opens European delivery center in Poland

HCL Technologies (HCL) has announced the opening of its second European outsourcing facility with the establishment of a delivery center...

Deals

Deutsche Bahn ‘sniffing around’ Hungary’s MÁV Cargo – extended

The acquisition of the UK's largest rail freight operator and purchase of a stake in a Spanish logistics company have...

Automotive

Volkswagen sees 25% profit rise this year

Volkswagen AG's JV with First Automotive Works Corp (FAW), one of the top Sino foreign car partnerships, expects its 2007...

Deals

Europe’s west still best at attracting inward investment

Fears of investment being diverted from a high-cost EU into Eastern Europe and India are challenged by a new study...

Transport

Russia’s S7 Airlines to join international OneWorld alliance

Russia's S7 Airlines said Thursday it is currently in negotiations with British Airways over the possibility of joining the international...

Automotive

General Motors to sell transmission unit for $5.6 billion

General Motors Corporation will sell its Allison Transmission unit to investment firms Carlyle Group and Onex Corp for $5.6 billion,...

Deals

ARQUES Austria takes over internationally operating Rohé Group

ARQUES Austria, the Austrian subsidiary of the Starnberg-based equity investment company, ARQUES Industries AG, has taken over all shares in...

Deals

UNIQA takes over Romanian Astra insurance

The Austrian insurance group UNIQA has taken over the Romanian insurer Astra S.A., UNIQA said in a press release on...

Deals

Russian pipeline operator Transneft fined by regulator

Russia's industrial safety regulator will fine pipeline monopoly Transneft after finding 15 violations in the company's East Siberian oil pipeline...

Deals

US SEC launches investigation against financial products – extended

The US Securities and Exchange Commission has opened about a dozen investigations involving complex bundled financial products, The Wall Street...

Deals

Current account deficit remains solid – Hungary

The current account balance deficit in Q1 2007 is estimated at €1.2 billion ($1.6 billion) on average by market analysts...

Pharma

Vodafone signs on giant investment

Premier Ferenc Gyurcsány and John Bond, the director of the Vodafone-group, signed an agreement yesterday about the mobile giant moving...

Deals

Hungary hoping to thwart takeover plans of MOL oil company by Austria’s OMV

Hungary is hoping to block Austrian energy company OMV AG from taking over Hungarian oil and gas producer MOL Nyrt,...

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...