Industry

Retail

Fujitsu Siemens Hungary sees hardware demand slowing

Fujitsu Siemens Computers Kft Hungary has started a new software business in Hungary, because they see that the growth of...

Deals

Torex Retail taken over by Cerberus Investments

Cerberus European Investments LLC announced the purchase of all of the businesses and trading subsidiaries of Torex Retail, through Torex...

Deals

GTC invests €130 million in a 1.300 apartment complex in Romania

Real estate developer Globe Trade Center Romania (GTC), with Israeli capital, will build 1,300 apartments in a residential complex close...

Retail

UK biggest hit in Europe for consumer electronics

Research revealed by GfK confirms the UK's place as the largest market in Europe for consumer electronics, with a projected...

Deals

RZD, Deutsche Bahn AG establish logistics joint venture

Russian Railways (RZD) and Deutsche Bahn AG signed Thursday an agreement to establish and manage a joint venture in transportation...

Retail

Hungarian Kürt to start US operations

Information security company Kürt Zrt is planning on registering a new branch in the US this fall, said company CEO...

Retail

Tesco launches retail test lab in India

Tesco Hindustan Service Centre (HSC), a global services arm of Tesco, has unveiled Tesco´s first Retail Test Lab in India...

Transport

Romanian property investors receive boost with budget airline expansion

Two budget airlines have announced an expansion to their presence in Romania - something that could prove to be of...

Pharma

AVIC I plans to buy Airbus plants

China could enter Airbus' "Tier 1" international supply team as China Aviation Industry Corp I (AVIC I) has vowed to...

Transport

Ural Airlines buys five Airbus passenger planes

Russia's Ural Airlines said Wednesday it had signed a contract with European aviation giant Airbus to buy five A320 passenger...

Pharma

Cemex to invest further billions

Mexican cement manufacturer Cemex is doubling its Budapest unit presently employing 300 office workers, and managing most of the company's...

Automotive

MOL to start production near Monor

Hungarian oil company, MOL Nyrt's management decided recently to add a new production field in the vicinity of Monor and...

Deals

China calls for currency fairness

China has called into question international efforts to tackle currency manipulation by saying poorer countries must be treated fairly....

Transport

Aeroflot signs contract to buy 22 Airbus jets

Russia's flagship airline Aeroflot said Wednesday it had signed a contract with European aviation giant Airbus to buy 22 A350...

Deals

IMF warns on growing risks in financial markets

IMF chief Rodrigo Rato yesterday warned that some investors are rushing with 'reckless disregard' into increasingly risky assets around the...

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...