Industry

Deals

Barclays merge ABN Amro

The combined Barclays-ABN would be a Goliath with a market value of almost £90 billion, operations in 74 countries, more...

Automotive

Porsche to increase its Volkswagen stake

Porsche AG has announced plans to increase its stake in fellow German carmaker Volkswagen AG, Europe's biggest car maker, from...

Pharma

Richter proposes raising dividend 15% on more profit

Gedeon Richter Nyrt, eastern Europe's biggest drugmaker, proposed raising its dividend 15% to Ft 690 ($3.74) a share for 2006,...

Retail

Germany’s Asko opens first furniture store in Hungary

Germany’s furniture chain Asko has opened its first store in Budapest that it built from €5 million....

Deals

Airbus wins Aeroflot A350 order, offers Russia role – extended

Airbus SAS, the world's largest planemaker, won a pledge from Russia's OAO Aeroflot to buy 22 A350 jets and offered...

Transport

Virgin Atlantic may fly to New York from continental Europe – extended

Virgin Atlantic Airways, the UK carrier controlled by billionaire Richard Branson, may start flying to the US from continental Europe...

Deals

3i buys Czech printing company, first eastern European buyout

3i Group Plc, Europe's biggest publicly traded private equity firm, agreed to buy Czech printer Euro-Druckservice AG in its first...

Automotive

Russia’s Gazprom to begin trading German electricity

OAO Gazprom, the world's biggest natural-gas provider, plans to begin trading German electricity this week and may buy stakes in...

Deals

Rosneft borrowing $22 bln to buy assets in Yukos bankruptcy – extended

OAO Rosneft, Russia's state-run oil company, agreed to borrow $22 billion to buy assets in Russia and abroad, including those...

Automotive

Peugeot to decide whether to open Russian plant later this year

PSA Peugeot Citroen, Europe's second-largest carmaker, will decide whether to build a factory in Russia by the end of this...

Deals

ABN Amro shares surge on speculation about takeover

Shares of ABN Amro Holding NV surged to a record as the largest Dutch bank becomes a takeover target for...

Automotive

Romanian February car sales jump 26% as currency boosts imports

Romanian new car sales rose 26% in February, driven by a boom in imports as a stronger local currency made...

Pharma

China Mobile seeks bids to build 3G phone network

China Mobile Communications Corp., which controls the world's largest wireless operator by users, invited bids for contracts worth as much...

Deals

Axa to buy Hungarian retail bank Ella to expand in East Europe

Axa SA, Europe's second-largest insurer, agreed to buy the Hungarian retail bank Ella Holdings Ltd. for an undisclosed amount, seeking...

Deals

Berlin prepares public-offering backup for its Landesbank stake

The city of Berlin is seeking investment banks to help oversee a possible public offering of its stake in Landesbank...

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...