Industry

Pharma

Proton Power says first fuel-cell powered ship to sail in 2008

Proton Power Systems, a German developer of hydrogen fuel-cell technology, said it expects the world's first fuel-cell powered ship to...

Transport

Hungary chooses KrasAir for final talks to buy Malév Airline – extended

Hungary selected AirBridge Zrt, a local investment vehicle for OAO KrasAir, over a Lithuanian competitor for final talks to sell...

Deals

Gold falls after rally fails to break $650, deterring investors

Gold fell in London after a two-day rally failed to push the precious metal over $650 an ounce, triggering selling...

Retail

H&M Q4 profit gain tops analyst estimates

Hennes & Mauritz AB, Europe's second-largest clothing retailer, said Q4 profit increased 18%, beating analysts' estimates, as the company spent...

Transport

Silverjet sales beat forecasts; airline starts flying

Silverjet Plc, a trans-Atlantic business class-only airline whose inaugural flight departed from London today, said ticket sales have exceeded the...

Deals

Industrious industrial parks

The industrial real estate market can be referred to as pleasantly stable, for it does not react sensitively to market...

Automotive

Suzuki to raise 2007 sales 8% on overseas demand – extended

Suzuki Motor Corp., Japan's fourth-largest automaker, plans to raise sales 8% this year as overseas demand for its compact cars...

Deals

EU threatens to sue insurers that quash competition

European Union antitrust regulators threatened to sue insurers and challenged industry practices such as long-term contracts and standard policies after...

Automotive

Toyota sees 40% jump in ’07 global hybrid sales

Toyota Motor Corp. said on Wednesday it is aiming for a 40% jump in its global sales of gas-electric hybrid...

Automotive

Ford joins US „green” car trend

Ford has become the latest US car maker to unveil a test vehicle that runs on green alternative fuels....

Pharma

Hungarian November retail sales rose slower on austerity plan

Hungarian retail sales rose at the slowest pace in almost six years in November as the government's austerity measures curbed...

Automotive

Registration fees to increase

In line with a legislative amendment passed by Parliament on December 22, car registration fees will go up from February...

Pharma

GVH likely to decide on complaint against pharmacies in 2-3 weeks

Hungary's Competition Office (GVH) will probably decide in 2-3 weeks on a complaint against the Hungarian Chamber of Pharmacists (MGYOK)...

Deals

Bayerische Landesbank invests €1.72 Mln in Hungarian Unit MKB

Bayerische Landesbank, Germany's second-biggest state-owned bank, invested Ft 435.2 mln (€1.72 million) in its Hungarian unit Magyar Külkereskedelmi Bank Nyrt,...

Deals

Russia may sell 25% of Rosneft in secondary share sale

OAO Rosneft, Russia's state oil company, may sell as much as 25% of its shares, after raising $10.6 billion last...

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...