Industry

Deals

KBC takes over Romstal Leasing in €70 mln deal

KBC Lease, part of the Belgian KBC group, finalized the take over of 99.34% of the stock at Romanian company...

Retail

EU hands Carrefour decision to Poland

Polish regulators will now take a decision to clear plans by French supermarket chain Carrefour SA to buy a group...

Deals

Bear Stearns upgrades Czech Republic, Hungary is downgraded

Bear Stearns upgraded the Czech Republic to market weight from underweight and kept its market weight allocation for Poland, citing...

Automotive

Foreign car sales rising rapidly in Russia

Foreign car sales grew 74% to 125,210 cars in Russia in the Q1 of 2007, the automobile manufacturers committee of...

Pharma

Slovenia’s drug maker Krka increases Q1 sales by 13%

Drug maker Krka posted sales of €204.6 million ($274 million) for the Q1 of 2007, an increase of 13% over...

Automotive

GM Europe Q1 sales rise 6%; strong Russia offsets weak UK

General Motors Corp.'s European division said Monday that sales in the Q1 reached 553,621 vehicles, an increase of 5.8% compared...

Deals

Commercial Metals bids to acquire another Croatian steel mill

Commercial Metals Company, headquartered in Irving, Texas, announced that its Swiss subsidiary, Commercial Metals International AG (CMI), has submitted a...

Deals

ABN Amro break-up „not a problem”

Dutch regulators would not object in principle to a foreign bank trying to buy ABN Amro even if it planned...

Pharma

FedEx Express to acquire flying-cargo in Hungary

FedEx Corp. announced today that its FedEx Express unit signed an agreement to acquire its Hungarian global service participant, Flying-Cargo...

Automotive

Bridgestone ranked as top foreign investor in Poland

Poland’s leading monthly business magazine, Forbes Poland, has named Bridgestone as the top foreign investor in Poland for 2006....

Pharma

Hi-Lex to build production facility

Japanese car-industry supplier Hi-Lex Corp is going to build its second European plant in Hungary, European director Mike Lewis and...

Retail

Bauhaus DIY store to open this year

Austrian DIY chain Bauhaus is to enter the market, with two outlets in Szigetszentmiklós and Dunakeszi....

Pharma

Polish workers go west, Polish companies head east

While Poland's 2004 entry into the European Union has proven the opportunity of a life-time for an estimated 2 million...

Transport

Further strikes to hit Hungary’s main airport

Budapest Airport Thursday warned passengers to expect delays until Saturday after ground services staff announced their third strike in just...

Automotive

German car sales slump in wake of tax hike

German car sales plunged 10% during the Q1 this year, according to data released Thursday, following the hefty rise in...

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...