Industry

Pharma

Richter may say profit fell 33%, hurt by Hungary: outlook

Gedeon Richter Nyrt, Hungary's largest drugmaker, may say fourth-quarter profit fell 33% as demand slumped in its home market and...

Transport

Ryanair raises forecast, Q3 net rises 30%

Ryanair Holdings Plc, Europe's biggest discount carrier, raised its full-year earnings forecast after Q3 profit unexpectedly increased 30% on higher...

Pharma

Russia’s Open Investment to sell shares at 26% discount

OAO Open Investments, a Russian real estate company owned by billionaires Vladimir Potanin and Mikhail Prokhorov, plans to sell new...

Pharma

Nestle, Coca-Cola are sued on beverage calorie claims

Nestle SA and Coca-Cola Co. are being sued by a US public-interest group over claims about the calorie-burning effects of...

Deals

PKN’s Unipetrol eyes two „major” purchases, CEO says

Unipetrol AS, the largest Czech oil company, is considering two „major” acquisitions in addition to efforts to buy a refinery...

Automotive

General Motors sold record 101,000 vehicles in China in January

General Motors Corp., the world's largest automaker, said it sold a record 101,926 vehicles last month in China, topping the...

Deals

Hungarian developer raises £87.5 mln in share sale

Ablon Group Ltd., a Hungarian real estate developer, raised £87.5 million ($172 million) in an initial public offering in London...

Pharma

Mobile TeleSystems targets acquisitions in ex-Soviet countries

OAO Mobile TeleSystems, eastern Europe's largest mobile-phone company, said it is actively pursuing acquisitions in former Soviet countries to sustain...

Deals

Vienna Stock Exchange will bid for Slovenia, Bulgaria bourses

The Vienna Stock Exchange is bidding for a stake in Bulgaria's bourse and is prepared to place a bid for...

Pharma

Bill Gates opens Microsoft European support center in Romania

Microsoft Corp. Chairman Bill Gates opened a $16 mln center in Romania to offer technical support to customers throughout Europe....

Deals

IMF should sell some gold to cover losses

The International Monetary Fund should sell some gold to cover losses, said an advisory panel that includes former Federal Reserve...

Automotive

Glos says EU’s CO2 target „unacceptable,” hurts German industry

German Economy Minister Michael Glos rebuffed as „unacceptable” a European Union plan to set limits on carbon-dioxide emissions for cars...

Deals

Romanian 2006 budget gap widens to 1.7% of GDP

Romania's state budget deficit widened to 1.7% of GDP last year as spending increased before the country joined the European...

Deals

BNP Paribas may take direct control of BNL’s foreign units

Banca Nazionale del Lavoro SpA, the Italian lender owned by France's BNP Paribas SA, said its board is considering a...

Deals

Gold gains on concern energy costs may rebound, spur inflation

Gold prices rose in New York on speculation higher energy costs will boost the appeal of the precious metal as...

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...