Industry

Retail

Aral reports successes of PayBack partnership

The first twelve months of the partnership between German fuel retailer Aral and the popular PayBack loyalty coalition have been...

Deals

Ascent Resources provides update of drilling activities in Hungary

Ascent Resources Plc, the AIM traded oil and gas exploration and production company, through its Hungarian subsidiary PetroHungária Kft has...

Pharma

Arrow Electronics partners with Orion Electronics in Eastern Europe

The North American Components (NAC) business of Arrow Electronics, Inc. today announced it has established a manufacturing, logistics and supply...

Deals

MOL reportedly in talks to buy Tifon retail network

Hungarian oil group MOL is reportedly negotiating the acquisition of Croatian petrol retailer Tifon. Reuters has cited a Croatian daily...

Deals

Cerberus to purchase 80% Chrysler stake

In a deal to end nine unhappy years of marriage between Chrysler and Mercedes, DaimlerChrysler AG announced early this morning...

Deals

CEZ expands into southeastern Europe

Czech utility CEZ aims to enhance its position as a tier one energy company by focusing on the Balkan states...

Deals

Honeywell partners with MOL Group

Honeywell recently announced it has established a strategic business relationship with MOL Group, the Hungarian national oil and gas provider,...

Deals

Equity firm reported in front to buy Chrysler

A private-equity firm, Cerberus Capital Management, has moved to the front in talks to buy the ailing Chrysler division from...

Pharma

Vodafone to open Ft 9 bln service centre in Hungary

British mobile phone giant Vodafone is set to open a Ft 9 billion ($48.75 million) shared services centre in Budapest,...

Automotive

Central Russia’s region plans to sign agreement with Volvo

On June 8-10, the government of the Kaluga Region is planning to sign an investment agreement with Sweden's Volvo Group...

Deals

Unitex buys Yukos oil sale cos. for $483.5 mln

Unitex has bought Yukos' oil sale companies for 12.46 billion rubles (about $483.5 million) at an auction for the assets...

Deals

Russia’s Basic Element buys shares in Canadian parts-maker Magna

Russian conglomerate Basic Element has acquired an 18% stake in Magna International Inc, a Canadian autoparts manufacturer which has reportedly...

Pharma

Honda plans hydrogen car for US

Honda plans to introduce a hydrogen fuel cell sedan in the United States next year with a mass-market hybrid on...

Retail

Getronics Hungary implements postilion for end-to-end ATM and POS processing solution

Postilion has announced that Getronics Hungary, a provider of Information and Communications Technology services and solutions to the Hungarian market,...

Retail

Morgan Stanley settles fraud charges with SEC

Morgan Stanley & Company Inc. on Wednesday agreed to pay nearly $8 million to settle fraud charges for its failure...

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...