Industry

Deals

Serbia plans to sell oil monopoly, JAT this year

Serbia will put its NIS oil monopoly and JAT airline up for sale this year, and in the meantime will...

Deals

Rompetrol to start biofuel deliveries in Romania

Rompetrol Rafinare to start delivering Euro 4 grade diesel fuel with a 2% biodiesel content to its domestic market starting...

Transport

EU data competition office criticizes states for sacrificing privacy rights

European Union governments are sacrificing their citizens' privacy in the fight against international terrorism, the bloc's top data protection official...

Deals

Enel purchases stake in Electrica Muntenia Sud

Enel has signed a contract on the purchase of a 67.5% stake in Romanian national electric energy supplier Electrica Muntenia...

Deals

Aura adds to Romanian properties

Aura Investments of Ramat Gan continues to expand its presence in Eastern Europe, announcing on Monday that it plans to...

Deals

Ford plans to sell Jaguar

Car firm Ford has briefed politicians that it is planning to sell its British luxury car marques, Jaguar and Land...

Deals

Shell to increase investments in Russia

British-Dutch oil major Shell plans to increase investments in Russia despite losing control of the giant Sakhalin-2 project earlier this...

Retail

13% of China’s chilli products fail safety tests

13% of all chilli products in China have failed safety tests, the General Administration of Quality Supervision, Inspection and Quarantine...

Automotive

Hungary: Cadence Innovation expands manufacturing footprint to Esztergom

Cadence Innovation conducted a grand opening ceremony today commemorating the official start of production at its newest manufacturing plant. This...

Deals

European Capital invests €83 mln in One Stop Buyout(TM) of Miles 33

European Capital S.A. SICAR, a wholly-owned subsidiary of European Capital Limited, announced today that it has invested €83 million ($112...

Retail

Owens-Illinois to sell plastics packaging business to Rexam Plc

Owens-Illinois, Inc., today announced that the Company concluded the strategic review process of its plastics portfolio and has entered into...

Deals

Global inflation fears continue to chill markets

The worries Thursday erupted early in New Zealand, where the inflation-wary central bank boosted interest rates to 8%. New Zealand’s...

Deals

Superfast rail link opens French gateway to eastern Europe

Zooming east from Paris, the first high-speed train service between France and Germany is to make its maiden passenger journey...

Pharma

DHL goes climate-neutral

During the upcoming Munich Transport Logistics exhibition, DHL will present innovative logistics solutions based on its GoGreen climate-neutral shipping initiative....

Deals

Air Partner expands to Germany

AIR Partner will open a dedicated freight division in Germany on 18 June. It plans to expand its freight teams...

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...