Industry

Automotive

Latvia industrial production grows in February

Latvia’s industrial production rose for the first time in five months in February, data from the Riga-based Central Statistical Bureau...

Automotive

Cooperation of Man and Machine: Suzuki Plant’s Development Project Reaches Final Stage

As a result of a multi-stage production development project, the Suzuki plant in Esztergom (50 km northwest of Budapest) has...

Pharma

AutoWallis becomes official distributor of Jaguar, Land Rover in Hungary

Wallis Automotive Europe, a subsidiary of AutoWallis Plc., a Budapest Stock Exchange listed company, has become the official distributor of...

Deals

Hungary puts 2020 deficit at 2.9% of GDP

Hungary has put its 2020 general government deficit, calculated according to the European Unionʼs accrual-based accounting standards, at 2.9% of...

Automotive

New passenger car registrations down 14% in March

New passenger car registrations in Hungary reached 11,478 in March, down 14% from the same month a year earlier, the...

Automotive

Croatian industrial output falls less in February

Croatia’s industrial production fell 2% year-on-year in February, following a 5.5% decline in the previous month, data from the Croatian...

Automotive

Bulgaria producer prices rise in February

Bulgaria’s producer prices rose in February, figures from the Sofia-based National Statistical Institute (NSI) show. The producer price index rose...

Deals

Richter secures agreement to sell Myovant drug relugolix

Healthcare company Myovant Sciences and pharmaceutical company Gedeon Richter announced that they have entered into an exclusive license agreement for...

Retail

Socialite Isolation: Painless Ways to Adjust to Homeworking

Homeworking is now the logical and perhaps the only way for many businesses to keep going in these coronavirus-inspired interesting...

Deals

Trends in Translation: AI is Here, but Transcreation is on the Rise

According to independent market research firm Common Sense Advisory (CSA), the global translation industry is set to grow to USD...

Deals

Cordia International raising HUF 12 bln in capital

The shareholders of Cordia International Zrt. decided to increase the capital of the company by HUF 12 billion, according to...

Retail

How AI is Reshaping Manufacturing

It takes a lot less investment to set up an AI-driven quality control scheme than most company execs would think....

Transport

Wizz Air transports medical equipment from China to Hungary

Last weekend, five planes of discount airline Wizz Air were used to transport medical equipment ordered by the Hungarian government...

Transport

Qatar Airways introduces coronavirus policy

Qatar Airways has launched a new commercial policy in reaction to the COVID-19 outbreak, meaning that passengers that have booked...

Deals

Kodály Phili Aiming to be Debrecen’s Most Important Cultural Pillar

The Budapest Business Journal speaks with Budapest-born but Debrecen-based music director Dániel Somogyi-Tóth about the cultural plans of the city,...

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...