The company, a spinoff of German tire maker Continental, said the cuts would mainly affect its operations in India, Singapore, Romania, Serbia, Mexico and even Germany, where layoffs will range in the ...

German automotive supplier Aumovio announced on Tuesday plans to cut up to 4,000 jobs worldwide by the end of the year as it restructures its research and development activities in a challenging ...

Hungary's MOL agreed to pay up to 1 billion euros ($1.19 billion) to buy a majority stake in Serbia's oil firm NIS ...

Herzegovina, and Montenegro are blocking the Hungarian-Serbian border on Monday in protest against new EU rules.

Hungary’s MOL is taking control of Serbia’s NIS from Russia. Find out what this means for the region and investors: ...

The license is valid provided that NIS' operations do not involve US entities or the US financial system, and are not carried ...