Industry

Automotive

Romanian January net average monthly wages rise 11% on year

Net wages in Romania, which the central bank says are the main threat to its inflation target, rose an average...

Transport

SkyEurope February passenger numbers rise 40% on more flights

SkyEurope Airlines, a Slovak low-cost carrier, said February passenger numbers rose 40% after the company's planes flew more hours....

Pharma

GM adds new diesel to European Cadillac to spur non-US sales

General Motors Corp. will add a new diesel engine to Cadillac CTS sedans in Europe in 2009 as the world's...

Automotive

Car firms bat back on green issue

Green technology is high on the agenda as the car industry gathers for its annual jamboree in Geneva....

Retail

Bosnia invites offers for largest aluminum smelter in Balkans

Bosnia invited offers for an 88% stake in its sole aluminum smelter, Aluminij Mostar, at a starting price of €76.8...

Pharma

Romanian January construction works jump, retail sales rise

Romanian retail sales rose an annual 23% in January, completed construction works rose 26% from a year earlier as the...

Automotive

Hungary’s forint declines as investors exit emerging markets – extended

The Hungarian forint fell along with other emerging market currencies after a selloff in global equities led investors to withdraw...

Deals

Inter-Europa Bank to retain all 2006 profits

Sanpaolo IMI Internazionale S.p.A. as the main owner of Hungary's Inter-Europa Bank asked the bank's board to propose shareholders to...

Deals

Bahrain’s International Bank sells $409 mln London block

International Investment Bank, a closely held bank in Bahrain, sold an office block in London's Belgravia for $409 million (€310.9...

Automotive

Porsche says it will beat next deadlines for EU emissions rules

Porsche AG, the maker of the 911 Carrera sports car, said it plans to beat the European Union's next two...

Transport

US, EU reach tentative accord to ease airline rules

US and European Union negotiators reached a tentative agreement on easing restrictions in the $18 bln market for trans-Atlantic airline...

Pharma

Russia retailing to sustain growth, researcher says

Russia's $270 billion retail market probably will keep expanding by as much as 17% a year as the economy's continued...

Deals

Unified Energy board backs plan to break up utility

OAO Unified Energy System, Russia's national power utility, said its board of directors yesterday approved a plan to break up...

Deals

Yukos’s Gazprom Neft stake, gas assets go to auction

Russia will auction off OAO Yukos Oil Co.'s natural-gas assets, including a stake in OAO Gazprom's oil arm, in a...

Retail

Tesco tests fuel for contamination on industry advice

Tesco Plc said it's testing its fuel for silicon following customer complaints their cars broke down after using fuel bought...

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...