Industry

Deals

Taiwanese firm to buy Győr unit of Philips

Taiwanese Lite-on IT, a major manufacturer of optical disc drives, said it will acquire a car CD and DVD drive...

Transport

Brussels moves on air passenger rights

A bill of rights for European airline passengers could be redrawn amid mounting evidence the flagship measure is being widely...

Deals

Siemens completes acquisition of Bayer’s diagnostic division

Siemens AG, Europe's largest engineering company, completed its €4.2 billion ($5.6 billion) acquisition of Bayer AG's diagnostic division to bolster...

Deals

Maersk, other shipping lines raised 2006 capacity 14%

A.P. Moeller-Maersk A/S and 407 shipping lines increased their capacity to move containers 14% in 2006, the fastest pace in...

Pharma

Richter employee option program brings new shares to the market

Gedeon Richter Nyrt, eastern Europe's biggest drugmaker, said 65,560 new shares may enter the market after the expiration of a...

Retail

Gucci, Starbucks, Burberry plan Budapest stores

PPR SA's Gucci Group, Burberry Group Plc and Starbucks Corp. are among retailers planning to open their first stores in...

Deals

Croatia to auction three hoteliers starting at 153 mln Kuna

Croatia is auctioning majority stakes in three hoteliers for a minimum 153 mln kuna ($28 million) as it steps up...

Pharma

Slovnaft faces antitrust fine over gasoline, diesel discounts

Slovnaft AS, the Slovak refinery controlled by Hungarian oil company Mol Rt, was fined 300 mln Slovak koruna ($11.6 mlnn)...

Deals

Nemetschek acquires 54% of Graphisoft shares, plans public offer in January

Nemetschek AG, a German maker of software used in construction and in the real-estate business, exercised an option to acquire...

Deals

Gold has biggest annual gain since 2002 on dollar’s decline

Gold had its biggest annual gain since 2002 as declines in the dollar spurred demand for the metal as an...

Deals

Mol purchases BaiTex from VE-NEFT, RusOil to expand in Russia – extended

Mol Nyrt, Hungary's largest energy company, said it bought BaiTex LLC from VE-NEFT Development LLC and RusOil LLC to expand...

Deals

Budapest Stock Exchange sees higher revenue on record trading

The Budapest Stock Exchange (BÉT) said revenue probably rose about 20% in 2006 after a fifth consecutive year of record...

Pharma

German companies plan to invest, hire in 2007, boosting economy

German companies including Continental AG and Adidas AG plan to hire and increase spending in 2007 as profits rise, helping...

Automotive

Toyota will build Yaris compact in China from 2008

Toyota Motor Corp., the world's second-largest carmaker, said it will produce the Yaris compact car at its joint venture in...

Deals

EDFI approves conversion of Démász into closed company

Electricite de France International (EDFI), which boosted its stake in Hungarian regional electricity distributor Démász to 100% in a recent...

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...