Industry

Deals

E.ON abandons Endesa takeover bid

German utility E.ON AG said Monday it abandoned its $56.2 billion takeover bid for Spanish power company Endesa SA....

Deals

Graphisoft to sell Construction Division to management

Hungarian building software company Graphisoft today announced, it signed an agreement on April 30 with VICO Software, a company owned...

Deals

Three ready to submit Chrysler Group bids

Two US private-equity firms and a Canadian auto supplier are close to bidding for DaimlerChrysler's troubled Chrysler Group, a published...

Pharma

GM to decide on fuel cells in 2010

General Motors will decide in 2010 whether to go into mass production with cars powered by fuel cells running on...

Deals

KBC Lease completes acquisition of majority stake in Romstal Leasing in Romania

Following the announcement on 15 December 2006, KBC Lease today closed the deal to acquire 99.34% of Romstal Leasing, the...

Deals

Rosneft takes control of Sinopec Sakhalin JV

Russian state oil firm Rosneft has taken control of a joint venture with China's Sinopec based on Russia's Pacific oil...

Automotive

BMW unveils India assembly plant

German carmaker BMW has unveiled its first assembly plant in Chennai, India's fourth largest city....

Deals

Ex-Enron lawyers in fraud charge

Two former lawyers at bankrupt energy firm Enron have been charged by the US Securities and Exchange Commission (SEC) with...

Pharma

Sony, relying on Europe for sales, shows off new products

In order to handle the manufacturing capacity, Sony will open a television plant in Nitra, Slovakia....

Deals

Rosneft wins Yukos assets

Russian state-owned oil major OAO Rosneft bought a 9.44% share of its own stock from bankrupt oil firm OAO Yukos...

Deals

Közép-Európai Média és Kiadó raises its Bookline.hu stakes to 45%

György Márffy, deputy chairman of Bookline.hu Nyrt, informed Bookline.hu that he sold 424,998 pieces of his shares on an average...

Automotive

Romanian premier vows to keep car tax

Romanian Prime Minister Calin Popescu Tariceanu said Monday his government would keep a first registration car tax, despite a warning...

Deals

Sports Direct boss takes Adidas stake

Sports Direct tycoon Mike Ashley has taken a personal stake in Adidas, and is reportedly steering his company towards the...

Deals

Altex wants to bring back customers who shop in Hungary

Electronics retailer Altex, which saw a 20% decline in turnover last year, estimates it will close the 2006 financial year...

Deals

India’s Glenmark acquires majority stake in Czech drug company

India's Glenmark Pharmaceuticals Monday announced that it had acquired a majority stake in Czech drug firm Medicamenta to get 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...