Industry

Deals

Instant money transfers to start March 2

Instant payments will be launched on March 2, with retail and business-to-business remittances amounting up to HUF 10 million a...

Deals

BSE to list Pensum shares from Wednesday

Shares of staffing company Pensum will be listed on the Budapest Stock Exchange from Wednesday, January 29, a resolution by...

Deals

Palkovics: Hungary has important future in drone transport

Hungary has important tasks in the field of drone transport and HungaroControl Hungarian Aviation Services Zrt. will play a big...

Deals

CPI Property Group buys Globalworth shares

CPI Property Group (CPIPG) announced the acquisition of 13,391,959 shares (approximately 6% of shares outstanding) of Globalworth Real Estate Investments...

Pharma

Szijjártó: 60% of FDI in Hungary in 2019 from East

The past 10 years have proven that the government’s Eastern Opening strategy launched in 2010 was a successful decision, said...

Deals

German Condor Airlines bought out by Polish Aviation Group

Polish Aviation Group (PGL), the owner of Polish national air carrier LOT, will take over the largest German holiday airline...

Pharma

E-cigarette liquid prices to fall

Thanks to the changes in tax rules, high-quality e-cigarette liquid products may become cheaper and more accessible to Hungarian consumers...

Retail

Peak Financial Services closes successful year

Fintech company Peak Financial Services said that it had a successful 2019, with the introduction of new services and the...

Automotive

Lithuania industrial production falls in December

Lithuania’s industrial production declined in December, led by falls in electricity output, figures from Statistics Lithuania (LS) show. Industrial production...

Automotive

Bosnia’s Serb Republic trade gap narrows 20% in 2019

The trade deficit of Bosnia’s Republika Srpska (Serb Republic) decreased by 20.3% on the year to BAM 1.2 billion (USD...

Pharma

Tata Consultancy Services expands in Budapest

Indiaʼs Tata Consultancy Services (TCS) on inaugurated a digital competency office in Budapest this week, expanding its activities in the...

Deals

Citi Hungary names new head of commercial banking business

Citi Hungary announced the appointment of Balázs Toldi as the head of its commercial banking business (CCB) effective January 16,...

Deals

TITAN Containers inaugurates another self-storage in Hungary

Denmarkʼs TITAN Containers inaugurated a self-storage space on the outskirts of Tatabánya (49 km west of Budapest) on Thursday, state...

Automotive

Poland industrial production recovers in December

Poland’s industrial production rose at a slower-than-expected rate in December, figures from the Warsaw-based Central Statistical Office (GUS) showed. Industrial...

Transport

Wizz Air announces direct flights to Santander

Discount airline Wizz Air announced the launch of direct flights from Budapest to Santander, starting June 2, increasing the number...

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...