Industry

Pharma

The Linde Group to increase gas supply to Hungarian Chemical Company

Germany's Linde AG and the Hungarian chemical company BorsodChem Zrt have agreed to expand their cooperation regarding industrial gas supplies...

Deals

Eni doubles stake in Ceska Rafinerska refiner to 32.4%

Italy's biggest oil and natural gas company by volume, said Thursday it doubled its stake to 32.4% in Czech refiner...

Deals

Aeroflot eyes €900 mln bond placement for Alitalia stake

Russia's flagship air carrier Aeroflot said Thursday it was considering issuing €800-900 million ($1.075-1.2 billion) in bonds to buy a...

Pharma

Russian steelmaker raises stake in Italy’s Lucchini SpA

Leading Russian steelmaker Severstal said Thursday it had purchased a further 9% stake in Italian firm Lucchini SpA for €85.2...

Deals

Japan and EU overtake US growth

The Organization for Economic Development says that economic growth in other rich countries has overtaken the US this year....

Retail

MOL: new restaurant concept for petrol stations in Romania

MOL Romania, the local branch of the Hungarian petroleum group MOL, this year has begun a project entailing the construction...

Deals

EU praises Russia in fight on terrorism financing, money laundering

The European Union welcomes Russia's commitment to the ongoing international fight against terrorism financing and money laundering, the deputy head...

Automotive

American firm to convert cars to electric power

A suburban Cincinnati company plans to convert gasoline-burning cars to electric power and sell them for under $50,000, the company's...

Automotive

Green light for NYC’s yellow cabs to go hybrid

This city's mayor says the signature yellow taxis will all be running on hybrid power by 2012 to reduce air...

Pharma

The Linde Group to increase gas supply to BorsodChem

The technology group The Linde Group and the leading Hungarian chemical company BorsodChem Zrt have agreed to expand their cooperation...

Deals

New corporate signature unites the two companies: StatoilHydro

Statoil and Hydro have approved the corporate signature for StatoilHydro....

Deals

Google invests in genetics firm

Google has taken a stake in a biotech company co-founded by the wife of one of the search engine giant's...

Pharma

AvtoVAZ, Magna carmakers to sign JV deal in Austria

Russia's largest carmaker AvtoVAZ and Canadian-based manufacturer Magna will sign an agreement in Vienna Wednesday to form a joint venture...

Deals

Acquisition of the City Gate building in Bratislava, Slovakia

The Orco Property Group, a leading investor, developer and asset manager in the Central European real estate and hospitality market,...

Pharma

Brazil’s Petrobras to build ethanol export pipeline

Brazil's state-owned oil and gas company Petrobras announced on Tuesday that it would begin building ethanol export pipelines following 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...