Industry

Deals

DLA Piper acted as central legal advisor on the creation of Magyar Bankholding

DLA Piper acted as the central legal advisor to the key owners of the Budapest Bank Group, MKB Bank Group,...

Transport

Waberer’s to receive nearly HUF 1 bln grant for investment

Listed Hungarian haulage company Waberer's International said Thursday it will receive a one-off government grant to carry out a HUF...

Automotive

Debrecen ‘focal point’ for BMW electromobility strategy

BMW's plant in Debrecen "will be the focal point for BMW's electromobility-based strategy in future", Minister of Foreign Affairs and...

Manufacturing

Masterplast to build HUF 9.5 bln fleece plant in Hungary

Listed building materials company Masterplast on Wednesday said it will build a HUF 9.5 billion plant in Hungary to make...

Transport

Budapest Airport to partially reopen terminal sections

Budapest Airport, the operator of Ferenc Liszt International Airport announced the partial reopening of Pier 1, and the complete reopening...

Transport

Polish railways plans to join European express network

Polish rail operator PKP plans to join a network of luxury European express services, Rzeczpospolita daily reported, according to Polish...

Pharma

NNK: Hungary purchased total of 17.5 mln doses of vaccine

A small amount of coronavirus vaccine may arrive in Hungary in December, but mass vaccination of the population may begin...

Retail

Let your business make a lasting impression

After a challenging year, many businesses are looking for new ways to reinvent themselves. Delivering content that engages and entertains...

Pharma

Hungary to get another 80,000 doses of Pfizer vaccine by year-end

Hungary will get another 80,000 doses of a COVID-19 vaccine developed by Pfizer and BioNTech by year-end, the staff of...

Automotive

Apollo Tyres spends HUF 4.4 bln to upgrade, broaden production palette in Hungary

India's Apollo Tyres is spending HUF 4.4 billion to upgrade its passenger car tire production lines and widen its product...

Automotive

Daimler invests HUF 50 bln to make fully-EV cars in Hungary

German carmaker Daimler will invest HUF 50 billion at its plant in Kecskemét to add fully electric vehicles to the...

Manufacturing

Nitrogénművek Zrt. to close one of ‘most successful years’ in 2020, Bige says

Nitrogénművek Zrt. is on course to finish one of its most successful years despite the effects of the coronavirus pandemic,...

Deals

Turkish firm buys stake in Romanian form-building startup

Turkish venture capital firm 212 will buy a stake in Romanian online form-building software startup 123 Form Builder, for an...

Transport

Passenger traffic down 96.1% y.o.y. at Ferenc Liszt Int’l

Passenger traffic at Ferenc Liszt International airport fell to 49,283 in November, due to the spread of the coronavirus pandemic...

Automotive

Mercedes-Benz Manufacturing Hungary management, unions seal wage deal

Management and unions of Mercedes-Benz Manufacturing Hungary have reached an agreement that will raise base pay at the plant in...

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,...