Industry

Automotive

Fox Automotive to produce MIA EV reboot in Hungary

Fox Automotive Switzerland and Phoenix Gold Resources have announced plans to launch production in Hungary of the MIA EV 2.0,...

Deals

Opus plans to sell Appeninn stake

Listed holding Opus Global has announced its intention to sell its 18.7% stake in real estate firm Appeninn Holding in...

Deals

Kövér recovers from medical emergency on plane

László Kövér, the Fidesz speaker of Hungary’s National Assembly, collapsed while en route back from Kazakhstan, forcing the Slovakian government...

Pharma

Talks on Budapest-Belgrade rail financing to be accelerated

Talks between Hungaryʼs Ministry of Finance and China Exim Bank on financing of the upgrade of the Budapest-Belgrade rail line...

Deals

Motorists buys 4.6 mln vignettes in summer

Motorists using Hungaryʼs motorways purchased 4.6 million vignettes during the three summer months this year, with more units sold of...

Retail

Ministry of Agriculture awards Penny Market

The local unit of German discount supermarket chain Penny Market has been presented with an award by Zsolt Feldman, state...

Retail

Online Stores Take Growing Slice of Fashion Market

When shopping for clothes, most people in Hungary still prefer traditional shops; indeed, last year, turnover grew to more than...

Retail

SAP Hungary: Leveraging the Future Today

For years, artificial intelligence has been a staple of the sci-fi world, albeit one placed firmly in the future. But...

Deals

Metro Properties Concludes CEE Sale-and-leaseback Deal

Metro Properties, the real estate arm of Metro AG, has sold the real estate of 11 Cash & Carry stores...

Transport

Wizz Air head says Brexit is chance to grow airline

József Váradi, the chief executive officer of Hungarian low-cost airline Wizz Air, says he does not expect Brexit to disrupt...

Pharma

Krones inaugurates HUF 15 bln plant in Debrecen

German packaging and bottling machine manufacturer Krones on Wednesday inaugurated a HUF 15 billion factory, its first European plant outside...

Pharma

BP SSC marks 10th year in Hungary

U.K. oil and gas company BP marked the tenth anniversary of its shared services center (SSC) in Hungary at a...

Deals

Stöllinger leaves helm of KPMG Hungary after 16 years

After 16 years at the helm, Robert Stöllinger, national senior partner at KPMG Hungary, is stepping down, effective September 30,...

Deals

Buda Health Center building for sale

The Hungarian state is offering the hospital building at Királyhágó utca in District 12 for sale, at an initial price...

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...