Industry

Retail

Hungary distributes 2007 emissions allocation

The government has distributed Hungary's 2007 emissions allocation, comprising 30,514,000 credits, to 216 companies, adviser at the Ministry of Environmental...

Deals

Slovenia sells 55.35% of Steelmaker to Koks of Russia

The Slovenian government sold a majority stake in steelmaker Slovenska Industrija Jekla for €105 mln ($138 mln) to ZAO Koks...

Pharma

Zentiva buys group of Sanofi-Aventis drugs in Hungary

Zentiva NV, eastern Europe's third-biggest drugmaker, bought a portfolio of Sanofi-Aventis's generic medicines in Hungary, where drug consumption is above...

Pharma

Total, Tesco test UK fuel after motorist complaints

Total SA said it was examining the fuel its sells in the UK after customers complained their cars were malfunctioning....

Retail

Briatore, Formula 1 team boss, expands „Billionaire” boutiques

Flavio Briatore, the Italian millionaire who runs the Renault Formula One motor-racing team, opens his fifth „Billionaire” fashion boutique today...

Automotive

Audi forecasts another record year after 2006 earnings surge

Audi AG, Volkswagen AG's luxury car division, forecast record results in 2007 after profit surged last year on sales of...

Pharma

Lithuanian economy grew revised 6.9% in Q4

Lithuania's economy, the biggest of the European Union's three Baltic states, expanded an annual 6.9% in the Q4, led by...

Automotive

Batmobile fetches £119,000 after bidding war in London

A shopper with £119,000 ($233,000) to spare went away with a vehicle fit for a superhero when a Batmobile from...

Deals

MOL increases stake in TVK Petrochemicals unit to 76%

Mol, Hungary's biggest energy company, increased its stake in petrochemicals company TVK Nyrt to about 76%....

Pharma

Airbus to announce major job cuts

Troubled planemaker Airbus is preparing to announce up to 10,000 job losses at key operating sites across Europe....

Automotive

Kia may start producing third model at Slovak factory by 2010

Kia Motors Corp., South Korea's second-largest carmaker, may produce a third model at its Slovak plant to benefit from lower...

Deals

KazakhGold to invest $300 mln to boost output

KazakhGold Group Ltd., a London-listed miner of gold in Kazakhstan, plans to invest $300 mln through next year boosting output...

Automotive

Volkswagen raises stake in truckmaker MAN AG to 29.9%

Volkswagen AG, Europe's biggest carmaker, increased its stake in MAN AG to 29.9% as part of an effort to combine...

Pharma

Moscow begins installing mobile power plants to plug supply gap

OAO Unified Energy, Russia's national power utility, installed the first of 10 mobile power generators planned for Moscow to help...

Deals

KazTransOil to Sell $1 bln of bonds to fund new pipelines

KazTransOil, Kazakhstan's national oil transportation company, plans to raise as much as $1 billion selling bonds this year to fund...

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...