Industry

Automotive

Automotive sector drags down June industrial output

Year-on-year output of Hungaryʼs automotive sector, a key engine of industrial growth in Hungary, slowed to 1.5% in June from...

Retail

Hungarian brand wins Red Dot Design Award

Young Hungarian brand Activé has taken home its first Red Dot Design Award with the packaging design of its FiberShake...

Retail

Kemenes confectionery opens on site of old Klapka jewellerʼs

The Kemenes confectionery and bistro has opened near the Great Market Hall in Budapest, at Vámház körút 9, where famous...

Transport

American Airlines to fly Budapest-Chicago next year

American Airlines announced Thursday that it will launch direct seasonal flights between Chicago and Budapest from May 2020. The airline...

Pharma

Richterʼs cariprazine cleared in Singapore, Thailand

Hungarian pharmaceutical company Gedeon Richter announced on Thursday that subsidiaries of its business partner Mitsubishi Tanabe Pharma Corporation have obtained...

Automotive

Magyar Suzuki hits three-decade peak in Esztergom

Magyar Suzuki has closed the strongest month in its 27-year history in Hungary, according to a press release sent to...

Automotive

Industrial output slips in June

The volume of industrial output declined by an unadjusted 1.4% year-on-year in June 2019, according to a first estimate of...

Deals

MTB to make offer for 51% stake in Takarék Commercial Bank

Magyar Takarékszövetkezeti Bank (MTB) will make an offer of just under HUF 32 billion to acquire a 51% stake in...

Retail

CyBERG prepares to expand Kajahu concept to U.K., France

CyBERG Nyrt., a company listed on the Xtend platform of the Budapest Stock Exchange (BÉT) which runs Kajahu, a "social...

Transport

Wizz Air adds Edinburgh to Budapest schedule

Hungarian low-cost airline Wizz Air announced on Monday that it will launch direct flights from Budapest to Edinburgh from December...

Deals

Retail sales growth accelerates to 4.3% in June

Retail sales in Hungary climbed 4.3% in June from the same month a year earlier, accelerating from a 3.0% increase...

Deals

Szallas.hu acquires maiUtazás.hu group, Utazok.hu

Accommodation search website Szallas.hu has concluded the acquisition of the maiUtazás.hu group and Utazok.hu Kft., strengthening its position against large...

Transport

LOT to launch direct flights to Seoul, CEE destinations

LOT Polish Airlines will launch direct flights from Budapest to Seoul, South Korea, as well as to Prague, Belgrade, Stuttgart...

Transport

Wizz Air hit by HUF 250 mln compensation bill

Hungarian low-cost airline Wizz Air has reached an agreement with Hungaryʼs Competition Office (GVH) to pay HUF 250 million in...

Transport

Qatar Airways wins 6 TripAdvisor Travelers’ Choice Awards

Qatar Airways took home six awards at the TripAdvisor Travelers’ Choice Airline Awards 2019, being named among the "World’s Top...

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...