Industry

Automotive

GM’s Wagoner says auto alliances may be driven by energy issues

General Motors Corp. CEO Rick Wagoner said Ford Motor Co.'s search for an Aston Martin buyer and DaimlerChrysler AG's possible...

Pharma

ECB may raise benchmark rate, leave door open for another step

The European Central Bank may raise its benchmark lending rate for the seventh time since late 2005 and leave open...

Pharma

EBRD’s earnings rose 60% in 2006, expanded investment in Russia

The European Bank for Reconstruction and Development increased its earnings by 60% in 2006 from a year earlier and expanded...

Deals

Exxon sees capital spending rising to $21 bln

Exxon Mobil Corp., the world's biggest oil company, plans to spend almost $21 billion exploring for oil and expanding refineries...

Retail

Volkswagen’s Lamborghini introduces faster model

Lamborghini SpA, whose sports cars are driven by actor Jamie Foxx and soccer star David Beckham, introduced a new car...

Pharma

Springer steps up investments to expand Internet unit

Axel Springer AG, Europe's biggest newspaper publisher, aims to step up investments in its Internet activities this year as the...

Retail

Russia’s Deripaska bids for Bosnian smelter to expand

Russian billionaire Oleg Deripaska, owner of the world's third-largest aluminum maker, is bidding to acquire 88% of Bosnia's Aluminij Mostar...

Automotive

Volkswagen increases Scania ownership in merger push

Volkswagen AG raised its holding in Swedish truckmaker Scania AB as Europe's largest carmaker seeks to force a three-way merger...

Pharma

Hankook factory completed

There is no obstacle before launching trial operation in South-Korea-based Hankook Tire Ltd’s Hungarian factory in Dunaújváros, Hankook’s European HQ...

Deals

Hungary’s fiscal deficit preliminary Ft 34 bln down on forecast

Hungary's preliminary fiscal deficit was Ft 216.9 bln (€0.85 bln) in February after Ft 196.1 bln in January, the Finance...

Deals

US, EU will accept global financial reporting rules

US and European regulators pledged by 2009 to recognize each other's rules for how companies report financial data, a move...

Pharma

Kety of Poland may buy German auto-parts maker for €50 mln

Grupa Kety SA, Poland's largest aluminum-products maker, may buy a German producer of car parts for as much as €50...

Pharma

Continental in regular talks with Siemens on VDO unit

Continental AG, the world's fourth-largest tiremaker, said it's still interested in purchasing Siemens AG's VDO automotive components division and is...

Automotive

Czech new car sales rise 13% in first two months, led by Skoda

Czech new car sales rose 13% in the first two months of the year, led by models of domestic producer...

Deals

Citigroup offers $10.8 bln to buy Nikko Cordial

Citigroup Inc. offered ¥1.25 trillion ($10.8 bln) to buy its investment-banking partner Nikko Cordial Corp., the company's biggest takeover bid...

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...