Industry

Transport

Luxair’s Budapest-Luxembourg flight to be launched next month

Luxair, the flag carrier of Luxembourg, will start a new seasonal direct service between Budapest and Luxembourg next month, according...

Automotive

Magyar Suzuki reaches 3.5 million-vehicle milestone

Japanese carmaker Suzuki marked the production of the 3.5-millionth vehicle - a hybrid Vitara - at its plant in Esztergom...

Manufacturing

EBRD to lend EUR 5 mln to Romanian steel mill Donalam Calarasi

The European Bank for Reconstruction and Development (EBRD) has announced that it will provide a EUR 5 million working capital...

Automotive

First hybrid rolls off line at Daimler plant in Hungary

Germanyʼs Daimler completed the production of the first hybrid car at its plant in Kecskemét (about 82 km southeast of...

Transport

Letter deliveries drop, package deliveries climb

Letter deliveries in Hungary continued to fall as deliveries of packages climbed in the first quarter, state news wire MTI...

Transport

Airbus sets up helicopter parts JV with Hungarian state

Aircraft maker Airbus on Friday established a joint venture with the state of Hungary that will manufacture helicopter parts in...

Transport

MÁV, Volánbusz tariff integration strategy to be ready by 2021

Recommendations on integrating the ticket and tariff systems of Hungaryʼs state-owned railway and bus companies will be ready by next...

Transport

How Will Flying Look This Summer?

After months of lockdown, David Holzer has finally begun to appreciate how Hungarians feel about not having an ocean anymore....

Pharma

Global Sales Help Richter Ride out Impact of Pandemic

It might come as a surprise to the average Hungarian, but in far off Siberia, more than 6,000 km east...

Retail

Changing Behavior Accelerates Consumer Embrace of Digital, Health, Sustainability

The acceleration of consumer trends and behavior that was already underway before COVID-19 has taken another leap forward and will...

Transport

FlixBus registers 1.4 mln passengers in Hungary in 2019

FlixBus announced that some 1.4 million passengers used the companyʼs bus services in Hungary, with Budapest becoming the 19th most...

Deals

Hungary to pay USD 45 mln F1 hosting fee in 2021

The state of Hungary will pay a USD 45,035,553 fee to host the 2021 Formula 1 Hungarian Grand Prix, state...

Automotive

Toyo Tires to start building factory in N. Serbia in August

Vladimir Gak, the head of the municipality of Indjija (45 km northwest of Belgrade in northern Serbia, in the autonomous...

Deals

Volánbusz ownership transferred to MÁV

The ownership of state-owned bus company Volánbusz is being transferred on Wednesday to state-owned railway company MÁV to strengthen their...

Pharma

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

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 Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

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...