Industry

Automotive

CATL Debrecen Applies for Modified Environmental Permit

Contemporary Amperex Technology Hungary has applied for a modified environmental permit for its battery plant in Debrecen, the Chinese-owned company...

Pharma

Richter to Market USYMRO Biosimilar Following EC Approval

Hungarian pharmaceutical company Gedeon Richter has received marketing authorization from the EC for BAT2206 (ustekinumab), a biosimilar referencing Stelara, developed...

Retail

JYSK Opens 101st Hungarian Store in Körmend, Marks 20 Years in the Country

Danish retail chain JYSK has opened its 101st store in Hungary, continuing its expansion strategy with a new 1,000 sqm...

Transport

BKK Seeks Public Input on Overhaul of Night Transport

The Budapest Transport Center (BKK) is inviting residents to share their views on the planned overhaul of night-time public transport,...

Deals

Wizz Air Becomes Main Sponsor of Hungarian National Soccer Team

Wizz Air, Hungary’s de facto national airline, has signed on as the main sponsor of the Hungarian men’s national soccer...

Deals

Waberer’s and MVM Sign 3-Year Strategic Partnership

Waberer’s Logistics Division and MVM Group have signed a three-year strategic partnership to develop a unified, efficient and high-quality logistics...

Deals

Wing Selling Half of Resi4Rent Portfolio

Hungarian real estate developer Wing, through its majority-owned Polish subsidiary Echo Investment, has signed a record HUF 223 billion deal...

Deals

MET Group Enters Belgian, Dutch Markets, Acquires Majority Stake in Energy Retailer Mega

MET Group has received all required approvals from the relevant authorities and has now completed the acquisition of a 68.5%...

Automotive

Chinese Brands Gain Ground in Hungary’s Used Car Market

Chinese automakers are continuing to carve out a larger share of Hungary’s used car market, according to the latest data...

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...