Industry

Deals

MVM Cancels Bid to Acquire E.ON Energie Romania

State-owned Hungarian energy group MVM announced late on Friday that in agreement with E.ON Energie Romania, it is ending its...

Retail

Black Friday Shoppers Targeting Quality Over Price

Buying Christmas presents for loved ones has increasingly been linked to Black Friday promotions in recent years. Customers who already...

Retail

Lululemon to Enter Hungary as Part of 2026 Int’l Expansion

Athletic and lifestyle apparel brand lululemon is set to enter the Hungarian market in 2026 as part of a broader...

Deals

Deals of the Year 2025: A Handful of Large-scale Transactions Reshape Strategic Sectors

This year, the headline-worthiest deals, defense consolidation, media takeovers, as well as potential energy acquisitions, shaped public discourse in Hungary....

Automotive

Mid-range Vehicles Gain Ground as Used Auto Market Stabilizes

The domestic used-car market is showing signs of a gradual but clear structural shift, with price segments stabilizing and electric...

Transport

Budapest Airport Caps Anniversary Year With Charity Donation, Traffic Milestones

Budapest Airport capped its 75th anniversary year with a major charitable donation, strong passenger and cargo performance, and the launch...

Retail

Aldi to Open Its Own Low-cost Christmas Market in Downtown Budapest

Aldi Hungary is set to open its own Christmas market in downtown Budapest, aiming to make the festive atmosphere accessible...

Transport

Regulations on Public Transport as ‘Fundamental Right’ Enter Force

Regulations ensuring public transportation service between all settlements and district-level centres at least three times a day came into force...

Manufacturing

Industrial Output Down 2.7% y.o.y. in Oct, led by Automotive Decline

Hungary's industrial output fell 2.7% year on year in October, the Central Statistical Office (KSH) confirmed in a second reading...

Transport

Air China to Offer Daily Budapest-Beijing Connection From Spring

Air China will operate its Budapest-Beijing flight every day from spring, up from four times a week at present, Minister...

Deals

4iG to Acquire 90% of Mobil Adat

Listed ICT company 4iG on Tuesday signed an agreement to acquire 90% of Mobil Adat, a leading service provider of...

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...

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...

Egis Opens Major Pharmaceutical Distribution Center in Fót

Egis has opened a distribution center in Fót with capacity for 30,000 pallets, expanding its finished-product logistics operations to support...

Spar Files New EU Complaint Over Hungary’s Retail Tax

Spar has filed another complaint with the European Commission over Hungary’s retail sector tax, arguing that amendments offer relief only...

Continest and Sweden’s Flexotrap Join Forces on Modular Shooting Ranges

As defense spending grows in importance across Europe following Russia’s full-scale invasion of Ukraine, local firm Continest Technologies Plc. and...

Hungary Retail Sales Rise 2.4% in August

Hungary’s retail sales volume increased 2.4% year on year in August but fell 0.7% from July, according to data from...

Hungarian EV Market Continues to Grow, Leading CEE

Electromobility in Hungary continues to grow. In the first half of the year, 7,497 new all-electric passenger cars were registered,...

GTA VI Preview Sends Hungarian Console Interest Surging

Clicks from Hungarian price comparison site Árukereső to online console retailers rose roughly sevenfold the day after the Aug. 27...