Industry

Transport

Volánbusz to take delivery of over 500 buses

State-owned bus company Volánbusz on Tuesday said it will take delivery of 503 buses in a HUF 32.9 billion order...

Manufacturing

Hungary produced more than 150,000 bicycles in 2020

Hungary produced a total of 151,788 bicycles in 2020, up from 128,924 a year before, according to data by statistical...

Retail

IMMOFINANZ adds Italy as new market to STOP SHOP portfolio

IMMOFINANZ is continuing the expansion of its STOP SHOP retail park brand by entering a new market in Western Europe...

Automotive

Czech Republic in talks with potential battery cell factory investors

The Czech Republic is in talks with two potential investors, including Volkswagen, for an electric battery cell factory and is...

Pharma

Innomed inaugurates HUF 1.6 bln production hall

Hungary's Innomed Medical, which makes defibrillators, ECGs and radiology equipment, inaugurated a HUF 1.6 billion production hall in Esztergom (45...

Deals

Special Effects acquires premium catering company

Event production company Special Effects has announced the acquisition of Terra Catering today....

Automotive

Bosch Automotive Steering to invest HUF 52.5 bln in Hungary

German-owned Bosch Automotive Steering will spend a combined HUF 52.5 billion on three investments at its base in Maklár (108...

Automotive

Acquisitions boost AutoWallis’ H1 sales 309%

Acquisitions made last year, as well as organic growth, boosted listed car seller AutoWallis' sales in the first half, the...

Transport

Half a million have used Balaton ferries 

Half a million people had traveled on the ferries of Balatoni Hajózási Zrt. (BAHART) between Szántód and Tihany by mid-July....

Retail

Spar opens 600th store in Hungary

Supermarket chain Spar opened its 600th store in Hungary in Vaskút (155 km south of Budapest) yesterday, according to a...

Transport

Budapest Airport registers more than 600,000 travelers in H1 2021

Ferenc Liszt International Airport handled some 603,585 passengers in the first half of 2021, according to a press release sent...

Retail

Jysk Magyarország boasts double-digit sales growth

Sales of the local business of Danish home furnishings chain Jysk are expected to grow in the double digits in...

Automotive

Automotive sector output up 81.1% y.o.y. in May

The output of Hungary's automotive sector, which accounts for the biggest share of manufacturing in the country, rose 81.1% year-on-year...

Retail

Popularity of e-scooters surpasses that of bikes at eMAG

According to sales statistics released by online retailer eMAG, the sales of e-scooters and hoverboards outpaced that of conventional bicycles...

Manufacturing

Daikin achieves sales of HUF 14.4 bln

Despite the epidemic, Daikin Hungary Kft., the Hungarian representative of the Japanese brand Daikin, which manufactures and distributes heating, ventilation,...

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

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...

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...

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...

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...

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,...