Industry

Automotive

Nissan to develop own hybrids to catch up with Toyota

Nissan, Japan's second-largest carmaker, will develop its own gasoline-electric hybrid cars by 2010, to compete in a segment where it...

Retail

Information leaks on firms behind sell-by date fraud could hurt investigation

Police have called on the Agriculture Ministry to halt all outgoing information on the M.E.G.A. Trade business group, which has...

Pharma

Wallis sells two office blocks to CIB leasing unit for €60 mln

The property unit of Hungarian-owned holding company Wallis Zrt has sold two office blocks to CIB Property Leasing Zrt for...

Retail

Intersport to open at least five new stores in Hungary in 2007

Bern-based international sporting goods retailer Intersport will open five new stores in Hungary next year, with even more projected openings...

Deals

Investment fund assets fall 0.4% in November

Assets in Hungarian investment funds fell 0.4% to Ft 2,531 billion in November from the previous month, the Association of...

Automotive

GM European sales rise 4.8% on Corsa & Chevrolet

GM's European unit said sales rose 4.8% in November on demand in Russia and as buyers snapped up a new...

Automotive

Kia to build engine factory in Slovakia to supply Czech plant

Kia Motors Corp., South Korea's carmaker, will build an engine plant in Slovakia to supply an auto factory under construction...

Deals

Hellman & Friedman to sell Axel Springer shares for €122 each

Axel Springer said Hellman & Friedman, a private-equity firm, plans to sell its shares in Europe's biggest newspaper publisher for...

Deals

KBC targets growth in earnings per share of at least 12%

KBC, Belgium's second-largest financial-services company after Fortis, is targeting average growth of at least 12% for earnings per share, driven...

Automotive

Hungary’s October industrial output up preliminary 10.6% yr/yr

Hungary's industrial output rose 0.7% in October from September in volume terms according to seasonally- and working day-adjusted figures and...

Deals

Hungary raises Ft 37 bln from Mol stake sale

Hungary raised about Ft 37 billion ($194 million) from selling its last shares in Mol Nyrt, eastern Europe's largest oil...

Deals

Croatian oil company Ina sells further 2% of shares

The Croatian oil company Ina Industrija Nafte d.d. will allocate another 2% of its shares to institutional investors after selling...

Deals

GE Money Bank acquires ownership in Baltic Trust bank

GE Money Bank, the owner of Hungary’s Budapest Bank, has acquired 98% ownership of Latvia’s leading Baltic Trust Bank (BTB)....

Deals

Fidesz calls for state auditors to examine gov’t quarter project

Main opposition party Fidesz has called on the State Audit Office to examine the government's plans to build a new...

Deals

Ina starts test production of natural gas from field in Syria

Ina, Croatia's largest oil company, said its started test production of natural gas from its Palmyra field in Syria, 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...