Industry

Retail

Tesco Shrugs off Speculation to Remain Hungary’s Retail King

Tesco Hungary remained at the top of the local FMCG market with its gross turnover for the last year of...

Retail

E-commerce Spreading its Fast Moving Net

The fast moving consumer goods category was the fastest growing sector in the e-commerce market in 2018, according to recent...

Transport

Building Air Bridges Eastward

Air travel issues like congestion and delays are not going to go away; in fact, they are becoming more severe...

Deals

First double-decker train for MÁV rolled out

The first double-decker "KISS" train, produced by Switzerlandʼs Stadler for Hungarian State Railways (MÁV), was ceremonially rolled out Tuesday in...

Deals

Mészáros Group buys minority stake in Tigáz from MET Group

Status Energy Private Equity Fund, a holding of the investor Lőrinc Mészáros, has acquired a 49.57% stake in regional gas...

Retail

E.ON set to win EU approval for Innogy deal

German electric utility giant E.ON is expected to win EU antitrust approval to buy rival Innogy’s network and retail assets,...

Deals

New CEO takes helm at Mercedes-Benz Hungária

Mercedes-Benz Hungária announced today that Reinhard Münster has been appointed as new CEO effective July 15, 2019, replacing Jörg Schmidt,...

Retail

Apple co-founder coming to Budapest in October

At the invitation of CIB Bank and its parent company Intesa Sanpaolo, Apple co-founder Steve Wozniak will come to Budapest...

Automotive

Automotive sector continues to drive industrial output in May

Year-on-year output of Hungaryʼs automotive sector, the main engine of industrial growth, rose 17.2% in May, the fastest rate since...

Retail

Árkád Budapest Food Loft project enters next phase

Budapest shopping mall Árkádʼs EUR 5.8 million Food Loft project has entered a new phase, with the development area being...

Retail

Seasonal jobs steal staff from trade

Some of the better paid seasonal jobs, especially in the field of tourism sweep up workers up from the trade...

Deals

ExxonMobil BSC Hungary introduces new name on 15th anniversary

ExxonMobil Business Support Center Hungary is celebrating 15 years supporting the company’s regional and global operations and has announced a...

Retail

McDonald’s starts Budapest home deliveries

The Hungarian unit of American fast food company McDonald’s has launched home delivery in Budapest through online food ordering platform...

Deals

Magyar Telekom agrees to sell T-Systems Hungary to 4iG

Magyar Telekom (MTel) has agreed to sell its IT unit T-Systems Hungary Zrt. to 4iG Nyrt., the listed companies said...

Transport

Wizz Air adds flights to Transylvania, Kazan in Russia

Hungarian low-cost airline Wizz Air has announced daily flights to the Romanian city of Târgu Mureș (Marosvásárhely) from October, as...

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...