Industry

Deals

MNB orders CIG Pannónia unit to prepare recovery plan

The National Bank of Hungary (MNB) ordered CIG Pannónia Első Magyar Általános Biztosító (CIG EMABIT), a unit of life insurer...

Pharma

European Aviation Safety Agency to open office in Budapest

The European Aviation Safety Agency (EASA) will open a contact office in Hungary under an agreement signed by Minister of...

Deals

United Group agrees to acquire Bulgaria’s Vivacom

BC Partners-owned United Group, a Dutch-based telecommunications and media company operating in southeast Europe, has agreed to acquire Vivacom, the...

Deals

Google to open up new centre in the Romanian capital

Google plans to invest more and expand its presence in Romania, by opening a new center in Bucharest after it...

Pharma

Amazon opens new logistics center in Poland

American e-commerce giant Amazon has officially opened a new logistics center in southwestern Poland, Polish Radio says, citing a report...

Automotive

Czech industrial production decline slows in September

The Czech Republic’s industrial production declined for the second straight month in September, albeit at a slower rate, figures from...

Transport

Wizz Air signs partnership deal with Sixt

Wizz Air has announced the signing of a partnership deal with car rental firm Sixt, meaning that passengers will be...

Deals

Germany’s E.K.H. Plauen breaks ground on factory in Serbia

Germanyʼs E.K.H. Plauen has started construction of a EUR 3 million factory to produce garbage container wheels in Zrenjanin, in...

Deals

E.ON Hungáriaʼs ELMŰ, ÉMÁSZ buyout offers cleared

The National Bank of Hungary (MNB) has approved mandatory public purchase offers for the outstanding shares of regional electricity distributors...

Automotive

Audi to increase engine production in Hungary, says Szijjártó

German carmaker Audi will increase the production of engines at its Hungarian factory to 2.25 million units next year, Minister...

Pharma

Shopping Center Redevelopment the Norm

Hungary is recording positive retail indicators, with sales increasing by 5% year-on-year in August, according to the Central Statistical Office...

Transport

Ride-sharing app Oszkár Navigating Hungary’s pot Holes

Socialite writer David Holzer looks into a Hungarian ride sharing app that seems destined to pilot it way to success,...

Retail

New People, new Branches: A Focus on Customers’ Real Needs

Eastern European economies are particularly sensitive to any negative development in the world economy. According to a recent survey, morale...

Automotive

Serbia’s annual retail sales growth slows in September

Serbia’s retail sales increased by a real 7.3% year-on-year in September, after posting a 7.6% annual rise in the previous...

Deals

Govʼt buys arms company HDS

The Hungarian state has announced the purchase of arms company Hirtenberger Defence Systems (HDS), one of the worldʼs leading mortar...

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...