Industry

Automotive

Croatia retail sales drop in March

Croatia’s retail sales decreased by an annual 7% in real terms of volume in March, after growing 4.9% in February,...

Transport

Wizz Air announces new direct flights to Abu Dhabi

Discount airline Wizz Air is set to launch new direct flights to Abi Dhabi from Budapest, Bucharest, Cluj, Katowice, and...

Pharma

Richter enters into asset purchase agreement for arthritis drug

Gedeon Richter Plc. announced that it has entered into an asset purchase agreement with Mycenax Biotech Inc. in respect of...

Retail

Pandemic to bring major changes to restaurant business in Hungary

The Budapest Business Journal talks with Anikó and Fausto Di Vora, co-owners of Italian restaurant Fausto’s, about the effects of...

Retail

Shopping mall Campona livestreams marine bio lesson from Tropicarium

Shopping mall Campona has decided to accommodate to new consumer needs via the creation of unique online content, featuring an...

Retail

Ikea to reopen stores in Hungary

Swedish home furnishings retailer Ikea will reopen its stores in Hungary on May 5, the company told Hungarian news agency...

Retail

K&H discounts account management fee

K&H will provide significant relief to retail account holders from April, as well as retrospectively, the bank said, according to...

Automotive

Ford Romania to gradually resume production next week

The Romanian unit of U.S. auto maker Ford Motor Company has said on Tuesday that its plant in Craiova, southwestern...

Automotive

Slovakia producer price inflation slows in March

Slovakia’s producer price inflation eased in March, latest figures from the Slovak Statistical Office (SÚSR) show. The producer price index...

Retail

Bige Holding makes COVID-19 testing equipment donation

NZRT Trade Kft., a member of the Bige Holding Group donated HUF 67.8 million worth of coronavirus testing equipment to...

Deals

Cordia raises its stake in Polnord to 92.92%

Cordia, a member of real estate developer and investor Futureal Group, raised its stake in Polish real estate developer Polnord...

Deals

Tungsram avoids layoffs with pandemic action plan

Hungarian lighting company Tungsram announced on Monday to its employees that it would be implementing a "job protection plan" in...

Transport

Air travel dropped by half until April 19, research says

Air travel between January 1 and April 19 fell to half to what it was during the corresponding period of...

Transport

Wizz Air CEO launches London scholarship

Wizz Air CEO József Váradi is launching the Váradi Scholarship for distance learning programs through the University of London, according...

Retail

Hungarian hand washing scanner wins again

HandInScan, a device designed by Hungarian digital innovation agency Supercharge, has won its Gold at the iF Design Award 2020,...

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...