Industry

Deals

ThyssenKrupp Elevator acquires company in Croatia

ThyssenKrupp Elevator has acquired Koncar dizala i servis d.o.o., Zagreb....

Deals

Note book outshines Desktop in Q1- 2007

Driven by continuing demand for portable systems across the region, PC sales in Europe, Middle East & Africa (EMEA) outpaced...

Retail

Hungarian inspiration to help the orphans of the world

While many people might struggle to get out of bed after the end of a marriage, Karen Gordon got a...

Deals

Rosneft may swap assets with CNPC

OAO Rosneft is considering the options of using its shares it had bough out from OAO Yukos....

Retail

Rise in employment taxes leads to greater non-cash compensations

A rise in taxes on legal employment that has seen workers lose an average of 3.5% of their take-home pay...

Deals

Ruukki buys majority stake in Hungary’s Aprítógépgyár

Rautaruukki (Ruukki) said it has acquired a majority holding in Aprítógépgyár Zrt (AGJ), a Hungarian firm specializing in parts for...

Deals

Barclays to buy ABN Amro in world’s biggest banking merger – extended

British bank Barclays Plc and the Netherlands' ABN Amro NV announced Monday they have agreed to merge to create the...

Deals

Rosneft acquires more Yukos assets

Russia’s state-owned oil and gas giant Rosneft has acquired a further bundle of Yukos’ assets, this time through its wholly-owned...

Deals

Siemens chairman quits under corruption cloud – extended

Siemens AG supervisory board chairman Heinrich von Pierer resigned late Thursday amid a series of corruption scandals plaguing the industrial...

Pharma

Dramatic improvement after stem cell treatment

World-class stem cell treatment facility follows up Parkinson's successes with another medical triumph, brings new hope of effective treatment for...

Automotive

Rolls-Royce opens for business in Austria

The authorized dealer Karner & Grossegger Automobil GmbH & Co. KG, celebrated the opening of its new facilities, located in...

Automotive

GM predicts sales of 1 million autos in China for 2007

US auto giant General Motors (GM) expects sales in China to exceed 1 million vehicles in 2007, state media reported...

Pharma

The Bangalores of Europe – IHT reports

Fillip Pejfar works in a sparkling new office tower here on the western edge of the Czech capital, using high-resolution...

Retail

More dangerous goods banned in EU

The European Commission is expected to announce on Thursday a rapid rise in the number of dangerous goods withdrawn from...

Pharma

Aldi announces market entry for next year

German food retailer Aldi GmbH will open the company’s first stores in Hungary next year and plans to build a...

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...