Industry

Deals

IBM, Lehman Bros buy stake in firm

A private equity fund formed by Lehman Brothers and IBM has agreed to buy a stake in a Chinese software...

Automotive

Investments in Romanian economy reach $3.18 bln in Q1 2007

The total value of investments in Romania's national economy in the Q1 of 2007 reached 7.73 billion RON ($3.18 billion),...

Pharma

Iveco seeking partners in Eastern Europe and North America

In a move aimed at expanding its market presence in North America and Eastern Europe, Italia's Iveco is considering establishing...

Retail

E.Leclerc opening supermarket in Maribor

E.Leclerc, a leading European retailer, will open its second outlet in Slovenia in Maribor on 7 November in an investment...

Automotive

Mondi has €875 mln lined up for projects in Eastern Europe

Paper and packaging group Mondi is planning to spend €875 million ($1,176 billion) on projects in Russia and Poland after...

Pharma

AIG’s New Europe Fund II closes with €523 mln

AIG Global Investment Group recently held a final close of AIG New Europe Fund II with capital commitments totaling €522.5...

Pharma

Low-cost Eastern Europe entices Japanese, conference told

Japanese corporations doing business in Europe are conscious that sites in Eastern Europe offer lower operating costs than Germany, where...

Deals

Global gold demand reaches $17.4 bln in Q1

Global demand for gold reached $17.4 billion in the first quarter of 2007, up 22% from the same period last...

Retail

Dell plans to cut 10% of workforce and reports moderate performance recovery

Dell, which surrendered the position as the top global PC maker to Hewlett-Packard in the second half of 2006, today...

Pharma

KKCG Investments acquires over 5 % in Unipetrol

KKCG Investments of KKCG group of entrepreneur Karel Komarek has acquired over 5% in Unipetrol and has become one of...

Deals

ThyssenKrupp open steel service center in Poland

ThyssenKrupp Stahl-Service-Center GmbH, a subsidiary of ThyssenKrupp Steel AG, will serve important markets in Eastern Europe from a service center...

Automotive

Auto makers see huge potential in Russia

Russia's large auto market has huge growth potential as middle class income rises in the former communist country, Canadian Scotiabank...

Deals

Ryanair buys £1 bln of new planes

Budget airline Ryanair is to buy 27 new planes in an order worth nearly £1 billion ($1.97 billion)....

Automotive

Ford dismisses reports of Volvo sale

Loss-making auto giant Ford has dismissed reports that it was mulling a sale of its subsidiary Volvo Cars to BMW,...

Automotive

MG TF sports cars again produced in England

The Nanjing Automobile Corporation (NAC) held a grand ceremony Tuesday to celebrate the restart of production of MG TF sports...

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...