Industry

Deals

Mattheisen becomes board member at CyBERG

Microsoft Hungary general manager Christopher Mattheisen is joining the board of CyBERG, the company which operates social digital restaurant chain...

Retail

IKEA to open pickup spots in the countryside

Swedish furniture retailer IKEA announced its 2020 plans for the Hungarian market, which includes the opening of four non-branded pickup...

Automotive

Slovenia producer inflation rises in December

Producer prices in Slovenia increased 0.6% year-on-year in December 2019, following a 0.5% rise in the previous month, figures from...

Deals

Banks spend HUF 30 bln-40 bln preparing for instant payments

Hungarian banks have invested HUF 30 billion-40 bln in infrastructure upgrades to prepare for the launch of system-wide instant payments...

Automotive

Magyar Suzuki to make only hybrid models for EU markets

Japanese car market Suzuki will produce only cars fitted with hybrid engines from this year for EU markets at its...

Automotive

BMW has record year in Hungary

The BMW Group closed 2019 with record sales in Hungary, up 18% from the previous year, selling a total of...

Deals

Brain business jobs in Hungary skyrocketing

Hungary has the second-highest rate of growth of knowledge-intensive occupations in all of Europe, with the number of people working...

Deals

Bolt to use EIB loan to expand services in Hungary

Taxi company Bolt will use a EUR 50 mln venture capital loan from the European Investment Bank (EIB) to start...

Automotive

Bosnia avg net monthly salary rises in November

The average net monthly salary in Bosnia and Herzegovina increased by a nominal 3.2% year-on-year in November, reaching BAM 928...

Automotive

Hungarian-based Global Automotive Software Supplier NNG on Automotive Industry Trends

The continuous development of the software industry is having a powerful impact on a growing number of other sectors. In...

Deals

REM Group Acts as Adviser on Korean Cultural Center

The REM Group has acted as property advisor, project manager and now as property manager for the Korean Cultural Center...

Automotive

Industry Loses Momentum at Year-end, Uncertainties Remain

Last November was the fifth month this year when the Central Statistical Office (KSH) registered a decline in industrial production....

Retail

These were the online shopping habits in 2019

While Black Friday remained the most popular period for online shopping in Hungary in 2019, an increasing number of people...

Transport

Budapest Airport inaugurates pier for low-fare passengers

Ferenc Liszt International operator Budapest Airport on Wednesday inaugurated a pier to serve low-fare airline passengers that will gradually be...

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...