Industry

Automotive

Chrysler plans $597 mln Ontario plant investment

DaimlerChrysler AG's Chrysler unit assured the head of the Canadian Auto Workers union yesterday that it intends to expand an...

Deals

Dollar falls to three-month low on concern over slowing economy

The dollar fell to the lowest level this year against the euro and dropped versus the yen on concern a...

Deals

UBS says euro’s long-term rally versus dollar nearing an end

UBS AG said the euro's five-year rally against the dollar may be peaking as the trade deficit in the world's...

Pharma

Polish 2006 foreign investment almost doubles to $14.7 bln

Poland attracted $14.7 billion in foreign direct investment last year, almost double the level of 2005 and in excess of...

Deals

Russia’s GV Gold will try to sell shares in London by July

OAO GV Gold, a Russian gold producer that delayed its initial public offering in February, will try to sell shares...

Automotive

European car sales fall, led by Renault, BMW, Daimler

European new car sales fell 2.5% in February, led by declines at Renault SA, Bayerische Motoren Werke AG and DaimlerChrysler...

Deals

UkrTelecom 2006 net falls as clients move to mobiles

VAT UkrTelecom, Ukraine's national phone company, said profit fell as customers increasingly used mobile handsets rather than fixed-line phones....

Deals

Lord Black fraud trial to begin

The trial of media tycoon Lord Conrad Black is due to get under way at a US federal court in...

Automotive

General Motors records $950 mln profit in Q4

General Motors Corp., the world's largest automaker, reported a Q4 profit of $950 million on improved automotive results....

Pharma

Transneft plans new prices for using oil pipeline early as 2009

OAO Transneft plans to overhaul its pricing for shipping crude oil through Russia's pipelines as early as 2009, after it...

Deals

Eurasia Gold, like GV Gold, delays London share sale

Eurasia Gold Inc., a Kazakh-based company in which billionaire Viktor Vekselberg has a stake, became the second miner from the...

Pharma

Microsoft starts Windows production in Russia amid piracy fight

Microsoft Corp., the world's largest software maker, started producing its Windows and Microsoft Office programs in Russia to tap surging...

Automotive

Hyundai Motor to build $270 million US engine plant

Hyundai Motor Co., South Korea’s biggest carmaker, will invest about €204.9 million ($270 million) to construct its second engine plant...

Retail

Burger King to enter Eastern Europe with Warsaw site

Burger King Europe GmbH, a unit of Burger King Corp., the second-largest US hamburger chain, has awarded the rights to...

Automotive

Aston Martin sold to UK-led group

Luxury car firm Aston Martin is heading back into British hands after being sold by Ford for £479 million ($924...

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...