Industry

Deals

Tagor, Patron Capital to invest $75 million in Romania

Israeli Tagor Capital Ltd. has signed a four-year cooperation deal with the UK-based real estate fund Patron Capital to invest...

Automotive

Kia Motors swings to Q1 loss on strong currency, line shutdown

Kia Motors Corp. posted its third straight quarterly loss Friday, hit by a stronger South Korean currency, production losses from...

Deals

Bathroom furniture brings €5 mln to Arthema

Temesvár (Timisoara) -based Arthema, a producer of bathroom furniture, has estimated an approximately €5 million ($6.78 million) turnover for this...

Deals

Zoltek reports continued acceleration of growth trends in Q2

Zoltek Companies, Inc. today reported continued strong gains in sales and results of operations for the Q2 of its 2007...

Deals

Share sale of MOL manager

Boardmember of MOL Nyrt sold 25% of his shares at the end of April, the company announced on the website...

Pharma

Alcoa announced expansions

Alcoa announced the completion of multiple global manufacturing expansions during an Alcoa Aerospace industry briefing where company executives outlined aerospace...

Deals

AIG to buy Bulgaria’s Telco BTC

US insurer AIG has acquired a majority stake in the Balkan country's dominant telecom firm BTC, the company announced on...

Automotive

Shanghai dawn for German concept cars

The importance of the Chinese car market has never been more overtly acknowledged than this week, when both Audi and...

Transport

Putin signs order to form Russia’s second-biggest airline

Russian President Vladimir Putin on Wednesday signed an order establishing a new airline that is to be the country's second-biggest...

Deals

Citigroup to acquire Bisys to expand hedge-fund services

Citigroup Inc., the biggest US bank, agreed to buy Bisys Group Inc. for €1.08 billion ($1.47 billion) to expand the...

Deals

Hungarians look to invest $200 mln

Hungarian MOL is ready to become a strategic partner in a project to build a gas storage facility in northern...

Deals

New Star expects to raise £200 mln for property fund

That 400 financial advisers crowded into a London conference room last week to hear about New Star’s International Property fund...

Automotive

Suzuki exports nearly double in Q1

As many as 51,500 Suzuki cars were exported from the factory in northern Hungary in the Q1 of this year...

Deals

Fujitsu to buy GFI Informatique for €419 mln

Fujitsu Ltd., Japan’s second-biggest maker of personal computers, offered to buy GFI Informatique SA for as much as €419 million...

Deals

Packer deals himself in at Hungary’s EuroVegas

Gambling magnate James Packer has teamed with US-based resort developer Eighth Wonder and a handful of other investors for his...

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...