Industry

Automotive

Siemens’ Solutions Drive Automotive Sector into the Future

Siemens’s digital products, services and solutions bring unlimited digital potential to the automotive assembly lines in the country. Csaba Pálla,...

Deals

Semmelweis U, Roche Hungary sign strategic agreement

Semmelweis University, Hungary's top medical school, and the local unit of pharmaceutical company Roche have signed a strategic agreement, Roche...

Automotive

Hungary set to triple EV battery capacity by 2025

Hungary aims to raise local electric vehicle battery production capacity from 50 GWh to 150 GWh by 2025, Minister of...

Manufacturing

Continest raises HUF 2.4 bln in capital

Continest Technologies has received a total of HUF 2.4 billion in capital investment from three domestic venture capital fund managers...

Retail

Stop Shop portfolio reaches 100% occupancy in Hungary

Immofinanz, one of the largest real estate investors in the region, has just leased the last free unit in its...

Transport

Wizz Air to set up new airline in Malta

Discount airline Wizz Air announced that based on the "Arrangement on Reallocation of Responsibility" document signed this week between the...

Deals

Rheinmetall, 4iG, HM El to set up joint venture in Hungary

Rheinmetall (51%), 4iG (39%), and HM EI (10%) have signed a preliminary agreement to establish a joint venture, aiming to...

Transport

Budapest Airport registers almost 1 mln passengers in April

Ferenc Liszt International Airport registered a total of 997,454 passengers in April, the highest number in the 25 months since...

Automotive

The BMW that ushers in a no-compromise e-driving experience

Short range, hours of charging, no driving experience, and not even sustainable – these are common criticisms of the irresistibly...

Deals

Ganz signs agreement with Maschinenfabrik Reinhausen

Hungary's Ganz Transformers has signed an agreement with Germany's Maschinenfabrik Reinhausen on the development and production of intelligent transformers, according...

Manufacturing

Automotive sector stalls, weighing on industrial output

The output of automotive companies, Hungary's biggest manufacturing segment, fell 13.3% year-on-year in March, causing an increase in headline industrial...

Automotive

Share Now celebrates 3rd anniversary in Hungary

Car-sharing firm Share Now's customers have driven 8 million kilometers in Hungary since the company entered the country three years...

Manufacturing

Tungsram files for bankruptcy protection

Hungarian lighting company Tungsram on Wednesday said it filed for bankruptcy protection after one of its creditors, Magyar Eximbank, placed...

Manufacturing

Bulgarian industrial production growth quickens March

Bulgaria's industrial production growth accelerated in March, largely driven by strong output in the utility sector, provisional figures from the...

Automotive

Budapest Airport to set up 176 EV chargers

Ferenc Liszt International operator Budapest Airport has announced plans to install 176 electric vehicle charging stations for EVs of ground...

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...

Pharma

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

Pharma

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

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...

Serbia Says MOL Deal for NIS Stake Signed; MOL Reports No Disclosure Update

A contract for MOL’s acquisition of a stake in Serbian oil and gas company NIS from Russia’s Gazprom Neft has...

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

Wizz Air Enters Winter With Fuel Hedges and Record Summer Traffic

Discount airline Wizz Air is preparing for winter with more than EUR 2.2 billion in liquidity and fuel hedges covering...

Older Small Cars Rise in Price as Hungary’s Budget Used-Car Supply Shrinks

Suzuki Swift asking prices rose 25.8% year-on-year in September as the share of used cars below HUF 2.5 mln shrank,...

Lake Balaton Cycling Upgrades to Add Wider Paths and New Bridges

Nearly 20 km of the Lake Balaton cycling circuit will be renovated under two programs financed through EU and domestic...

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

FDA Accepts Richter’s Fylrevy Menopause Therapy Application for Review

The U.S. Food and Drug Administration (FDA) has accepted Gedeon Richter’s new drug application for Fylrevy, the Hungarian pharmaceutical company...