Industry

Deals

Shell, Dow, Eni challenge EU fines for fixing prices of rubber

Royal Dutch Shell Plc, Dow Chemical Co., and two other companies are appealing European Union fines levied against them for...

Pharma

Bundesbank says faster growth has increased inflation risks

The Bundesbank said faster economic growth in the euro region is leading to increased inflation risks, particularly from higher wage...

Retail

EU to eliminate Gulf aluminum, petrochemical tariffs

A 6% tariff on the import of aluminum to the EU will be eliminated when a proposed free-trade agreement with...

Automotive

Volkswagen profit probably rose on Audi, Skoda sales

Volkswagen AG, Europe's largest carmaker, will probably say Q4 profit rose after a new Audi sport-utility vehicle and Skoda model...

Pharma

Phone firm Nokia to cut 700 staff

Finnish phone firm Nokia is to cut 700 jobs globally in a bid to make itself „more competitive”....

Deals

Sberbank lures investors in $10 bln Russian bank stock sale – extended

OAO Sberbank, Russia's biggest lender, is attracting investors to a $10 billion sale of shares that are almost 40% more...

Pharma

ST Engineering to set up aircraft center in Eastern Europe

Singapore Technologies Engineering Ltd., Southeast Asia's biggest defense company, plans to set up an aircraft maintenance and repair center in...

Deals

EU to fine elevator makers at least €900 mln

European Union regulators plan to fine four of the world's biggest elevator makers at least €900 mln ($1.2 bln) for...

Automotive

DaimlerChrysler to start selling Dodge cars in China

DaimlerChrysler AG, the world's fifth-largest carmaker, will start selling Dodge cars in China as it aims to expand in the...

Automotive

Russian January industrial production surges on building

The pace of growth in output at Russian industrial companies more than quadrupled in January from the slowest rate in...

Deals

Exxon must bid for Sakhalin reserves in Russia as output peaks

Exxon Mobil Corp., the biggest oil company by market value, will have to bid for new oil and gas reserves...

Deals

Capital Group buys 5% stake in Hungarian drugmaker Egis

Capital Group Cos., a Los Angeles-based investment company whose units include American Funds, has bought a 5.05% stake in Egis...

Deals

Poland aims to sell 51% of newspaper distributor Ruch this year

The Polish government wants to sell a controlling stake in Ruch SA, the distributor of almost half the country's newspapers,...

Deals

Antibiotice Iasi 2006 net income rose 27% ahead of state sale – extended

Antibiotice Iasi SA, the state-owned Romanian drugmaker scheduled to be sold this year, said its 2006 profit rose 27%, without...

Deals

Insurance helps ING to 6.7% rise in 2006 profit

Dutch financial services group ING Groep NV posted a stronger-than-expected 6.7% rise in 2006 net profit on Thursday, as a...

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...