Industry

Automotive

Google unveils hybrid vehicle initiative

Not content with powering the internet revolution, technology giant Google has unveiled a hybrid vehicle initiative that could double the...

Pharma

British Telecom settles in Debrecen

Telecom and IT giant British Telecom (BT) will open a regional center in Debrecen, in Hungary....

Retail

RusAl to set up JV with Areva for equipment production

Russia's newly-created aluminum giant United Company RusAl said Tuesday it would set up a joint venture with France's Areva to...

Deals

Israeli Nanette Real Estate raises NIS 214 million in debt placement

Housing developer Nanette Real Estate Group yesterday raised NIS 214 million ($52.8 million) through a private placement of debentures with...

Deals

Russia’s UES to sell stakes in OGK-4, TGK-1 in July

Russia's electricity monopoly Unified Energy System intends to sell majority stakes in wholesale generating company OGK-4 and territorial generating firm...

Pharma

Unipetrol reports 26% increase in fuel retail sales

Czech petrochemicals company Unipetrol informed that revenues increased after the company divested its Spolana activities....

Pharma

Transneft to develop existing oil terminal bypassing Belarus

The head of Russia's Transneft said Monday the pipeline monopoly would develop the existing terminal of an oil pipeline that...

Deals

Russia, Germany, Poland, Belarus set up rail JV

Russian Railways, the country's rail monopoly, said Monday it had set up a joint venture with Germany, Poland and Belarus...

Deals

Alitalia says Aeroflot’s bid for controlling stake still on

Italy's ailing air carrier Alitalia has denied that Russia's flagship airline Aeroflot pulled out of its bid for a controlling...

Deals

EU threatens exclude Gazprom from Nord Stream project

Gazprom may be forced out of the Nord Stream gas pipeline project, said Neelie Kroes, the European Commissioner for Competition....

Automotive

Huge potential for China-Russia trade in vehicles, auto parts

There is huge potential for cooperation between China and Russia in the automotive trade, an official with the Ministry of...

Pharma

Peugeot center to open in Sofia – Bulgaria

Local Peugeot dealer Sofia France Auto will inaugurate in July a €12 million ($16 million) multi-purpose center on Sofia's Botevgradsko...

Transport

The battle of the North Atlantic

Europe is allowing more competition, but 'dogfights' continue....

Automotive

Mazda ranks first in auto Bild’s 2007 Quality Report

Germany's largest car magazine, Auto Bild, has ranked Mazda in first place in its highly respected 'Quality Report' for 2007,...

Transport

Air Malta operates new charter flights to Romania

For a number of years Air Malta has operated charters and scheduled flights to Bucharest and Cluj in Romania....

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...