AGP Executive Report
Last update: 5 hours agoPharma Deal: Sanofi will divest its mature medicines portfolio and transfer three manufacturing sites to Cheplapharm, including Csanyikvölgy in Hungary, with the pharma group receiving a 26.4% stake; transfers are set to start in Q1 2027. Automotive & Industry: MAN unveiled its next-gen eTGX electric long-haul truck at IAA Transportation 2026, targeting faster adoption with a 720 km range figure and a shorter charge “window” aimed at fleet planning. Energy Security: Hungary’s Russian gas deliveries via the southern route reportedly fell to about half after an embassy expulsion, though sources say a planned technical restriction was likely the real cause. EU Policy: EU envoys extended Russia sanctions listings by seven days to Sept. 22 while member states debate renewals, including whether to delist billionaire Alisher Usmanov. Hungary–Germany Ties: German and Hungarian foreign ministers agreed to deepen cooperation, with plans for renewed forums and expanded work beyond autos into electronics and defense. Transport & Logistics: EU rail freight fell further in 2025, adding pressure to logistics operators as demand and costs shift. Local Business: Keller Williams is expanding in Europe with a new Montenegro master franchise, expected to open its first market center in Q4 2026.
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