Industry

Pharma

Volvo to buy Ingersoll Rand’s road-development unit

Volvo AB, Europe's second-biggest truckmaker, agreed to buy the road-development unit of Ingersoll-Rand Co. for $1.3 billion in cash in...

Automotive

Toyota to build $830 mln SUV plant in Mississippi

Toyota Motor Corp., the world's second-largest automaker, plans to build an $830 million factory in Mississippi, its eighth North American...

Automotive

Volkswagen 2006 commercial-vehicle profit rises 5.4%

Volkswagen AG, Europe's biggest carmaker, said its commercial-vehicle unit's 2006 profit rose 5.4% to a record as sales of new...

Deals

Eurasia Gold to sell shares in London next month

Eurasia Gold Inc., a Kazakh-based gold miner part-owned by billionaire Viktor Vekselberg, plans to sell shares in London next month...

Deals

Gold, silver rise to 9-month high on demand for inflation hedge

Gold and silver climbed to nine-month highs as a rally in commodity prices spurred demand for precious metals as a...

Retail

UK seeks brokers to sell 2007 emission permits

The UK government invited brokers and traders to submit bids for the right to sell surplus carbon-dioxide emissions rights on...

Retail

Mexico’s Alfa gets EU approval to buy Norsk Hydro casting unit

European Union regulators approved Alfa SA's €416 mln ($546 mln) purchase of Norsk Hydro ASA's aluminum casting unit’s in Hungary,...

Transport

Boeing wins $609 mln Azerbaijan Airlines order

Boeing Co., the world's second-biggest commercial planemaker, won an order from Azerbaijan Airlines for five long-haul aircraft valued at $609...

Automotive

Nissan, Renault, Mahindra to build plant

Nissan Motor Co., Japan's third-biggest automaker, will join Renault SA and Mahindra & Mahindra Ltd.'s venture to build cars in...

Pharma

Hungarian November retail sales rose faster on drug stockpiling

Hungarian retail sales rose faster in December than in the previous month as consumers stepped up drug purchases in anticipation...

Pharma

CTP Invest buys Czech cathode-ray tube TV plant

CTP Invest, a closely held company that develops business parks, agreed to buy a Czech cathode-ray tube factory that previously...

Pharma

Continental AG profit rises on car electronics, tires

Continental AG, the world's fourth-largest tiremaker, said Q4 profit rose 64% as sales of car electronics and high-performance tires increased....

Deals

CP Holdings of London increases stake in Danubius Hotels to 63%

CP Holdings Ltd., a UK investor, has increased its stake in Hungary's Danubius Hotels Nyrt to 63.1% through a transaction...

Pharma

Teva reconsiders Hungarian biotech facility on drug law concern

Teva Pharmaceutical Industries Ltd., the world's biggest maker of generic medicines, is reconsidering a plan to build a biotech center...

Deals

Yukos’ 9.4% stake in Rosneft to be auctioned March 27 – extended

OAO Yukos Oil Co. will lose more than $13 bln of assets as its stakes in state companies are auctioned...

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...