Industry

Retail

GE Capital fined over mis-selling

GE Capital - the bank which is behind many High Street store cards - has been fined £610,000 ($1.2 mln)...

Pharma

Richter, Egis say new Hungarian drug funding law to cut profits

Richter Gedeon Nyrt and Egis Nyrt executives said today they'll make cuts to their Hungarian operations after the government introduced...

Deals

Russia’s Polymetal seeks as much as $960 mln through IPO – extended

OAO MNPO Polymetal, Russia's biggest silver-mining company, plans to raise as much as $960 million from an initial public offering...

Transport

Swissair expanded into Poland to fill „huge hole”

Swissair Group invested in Poland's national carrier to try to fill a „huge hole” in eastern Europe, former CEO Philippe...

Deals

Alitalia sale attracts 11 potential bidders

Initial interest in the sale of Alitalia far exceeded expectations with 11 groups saying they could go on to bid...

Deals

TriGránit expands into Russia, mulls future listing in Moscow

TriGránit Zrt, a Hungarian property developer that built east Europe's biggest shopping mall, will spend €5.5 billion ($7.1 billion) developing...

Deals

Orco Property developer plans to pay record dividend

Orco Property Group SA, a real estate developer focusing on eastern Europe, plans to raise its dividend to a record...

Deals

Pannonplast to report profit

Plastic maker Pannonplast Nyrt plans to publish its 2006 preliminary report on Thursday. The company is expected to post a...

Deals

Hungary awards grants to Orco, Genex, RFV for stock listing

Hungary's government awarded grants to Orco Property Group SA, RFV Zrt and Genex Zrt to help them list on the...

Transport

EU, US plan to reach passenger-data agreement by end of June

European Union and US authorities plan to reach an agreement on screening airline passengers by the end of June, when...

Deals

Russia to transfer stake in Total’s oil unit to state

The Russian government plans to transfer a stake in an oil project led by Total SA to a state-owned company,...

Deals

Gold falls most in week as dollar gains erode investment appeal

Gold prices in New York fell the most in a week as a rally in the value of the dollar...

Pharma

Croatia tries to sell steel tube maker for $0.18 in 3rd attempt

Croatia is making a third attempt to sell unprofitable steel tube maker Valjaonica Cijevi Sisak d.o.o., this time for one...

Automotive

BMW’s 2006 revenue rises 5%, boosted by new 3-series

Bayerische Motoren Werke AG, the world's largest maker of luxury cars, said sales rose 5% to a record last year...

Deals

Magyar Telekom acquires Mobilpress

Magyar Telekom Nyrt the leading Hungarian telecommunications service provider, announced at the Budapest Stock Exchange (BÉT) web site that it...

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...