Industry

Automotive

Hertz, Avis to offer hybrid rental options

Car rental rivals Hertz and Avis both announced they are adding thousands of fuel-efficient and eco-friendly hybrids to their US...

Deals

PM’s version of health insurance reform – Hungary

There is place for private funding in the healthcare sector; but the change has to be started by establishing regional...

Pharma

Electronics manufacturing grows in Eastern Europe

Eastern Europe is emerging as a new global hub for the electronics manufacturing industry, according to a new report by...

Deals

Shell and Esso to market selected North Sea assets

Interests will include acreage, production licenses and associated infrastructure in Quadrants 210 and 211....

Retail

Enlarged aluminum group RusAl approves deal to raise $2 bln loan

Russia's newly-created aluminum giant United Company RusAl said Thursday it had mandated international banks to arrange and underwrite a $2...

Deals

BMW office opens in Romania

BMW Group will open at the beginning of July its own office in Romania, managing imports, marketing, PR and post-sale...

Retail

EU’s carbon trade ‘set to fail’

The EU's carbon trading scheme - deemed a key to tackling climate change - is set to „fail” yet again,...

Deals

Enel to acquire majority stake in Romanian distribution company

Italian utility Enel has said that it will pay €820 million ($1.33 billion) for a 67.5% stake in Romanian electricity...

Retail

Eko Elda to invest in expanding Bulgarian fuel retail footprint

Eko Elda, the Bulgarian fuel retail unit of Greek petrochemicals firm Hellenic Petroleum, has outlined plans to invest 200 million...

Pharma

UNHCR establishes service center in Budapest

The Office of the UN High Commissioner for Refugees (UNHCR), Headquartered in Geneva, Switzerland, selected Budapest to be the place...

Deals

London auction houses launch record Russian art sale

A series of auctions featuring imperial and avant-garde art from Russia kicked off in London this week with Sotheby's holding...

Pharma

Spanish Sedesa sets out for Sávoly

One of the largest Spanish property investment companies Sedesa is to carry out a giant investment in the vicinity of...

Transport

SAS to sell airline units to cut costs

Scandinavian Airline System said it would sell several units, including Spanair, in an effort to save $400 million between now...

Automotive

China’s automobile production & sales increased more than 20%

From January to May Chinese production and sales of automobiles went up by 21.32% and 22.03% more than in the...

Automotive

European Commission to test hydrogen car

The European Commission has received an environmentally friendly car for testing, Commission spokesman Maximilian Strotmann said Wednesday....

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...