Industry

Pharma

Richter plans BGS bond issue up to HUF 70 bln

Hungarian pharmaceutical company Gedeon Richter announced plans to issue up to HUF 70 billion of bonds in the framework of...

Retail

Praktiker sales climb 12% in 2020

Sales of DIY chain Praktiker rose 12% to HUF 76.23 billion last year, as demand for home improvement and gardening...

Transport

European aviation industry not to land softly until 2025

The European Organization for the Safety of Air Navigation, Eurocontrol, has published the latest updated forecasts of air traffic resurgence....

Transport

Hungarian airspace busier since Belarus incident

The European Council's recommendation regarding issued on Monday also has an impact on the number of flights passing through Hungarian...

Retail

Retail credit conditions loosened

Credit conditions were loosened for both home loans and consumer loans in Q1, against a backdrop of improved economic and...

Automotive

Bridgestone Continues to Leave its Mark on Road to Success

Melinda Topolcsik, Bridgestone’s top representative in Hungary, talks to the Budapest Business Journal about how continuous development at the firm’s...

Deals

GTC sells Belgrade office portfolio to Indotek for EUR 267.6 mln

Warsaw-based property developer Globe Trade Centre (GTC) on Monday said it agreed to sell its office portfolio in Belgrade to...

Manufacturing

Hungarian bicycle makers face shortage of parts

The impact of the pandemic has made cycling more popular in Hungary, but local bicycle makers are facing a shortage...

Pharma

Richter gets positive CHMP opinion for uterine fibroid drug

Hungarian pharmaceutical company Gedeon Richter said the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency...

Transport

Budapest Airport begins recruitment as traffic returns

In preparation for the expected traffic increase, Budapest Airport has begun recruiting manpower to be able to provide for the...

Pharma

Hungary takes last delivery of Sinopharm vaccine

The last of 5 million jabs of China's Sinopharm COVID vaccine Hungary has ordered will arrive in Budapest on Friday...

Automotive

Suzuki marks 30 yrs in Hungary: Investment ‘risk’ a success

Although at the time of the regime change it was a huge risk for an international enterprise to set up...

Retail

EMAG-Extreme Digital leads online retail sales market

The eMAG-Extreme Digital group led Hungary's online retail market last year, state news wire MTI reports, citing a ranking compiled...

Deals

Mészáros és Mészáros wins waterworks contracts

Listed holding company Opus Global said its construction unit Mészáros and Mészáros won several big waterworks project contracts, according to...

Automotive

Unexpected decline in domestic used car market in April

Contrary to expectations, the second quarter started with a slowdown in the domestic used car market: according to the latest...

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,...