Industry

Deals

Booking site Szallas.hu acquires Czech peer

Hungarian booking site Szallas.hu said on Monday it has acquired Czech peer Hotel.cz. The acquisition could boost Szallas.huʼs revenue by...

Deals

Hungarian ITC bootcamps mull regional expansion

Due to remarkable success on the local market, Hungarian ITC bootcamps are targeting regional expansion. Offering super-fast IT and programming...

Automotive

Industrial output climbs 8.7% in May

Industrial output in Hungary rose 8.7% year-on-year in May according to unadjusted data, the Central Statistical Office (KSH) said in...

Automotive

Hungary opens diplomatic mission in Vancouver

Hungary opened a diplomatic mission in Vancouver, Canada, official state news portal kormany.hu reported....

Deals

Ogreco to launch e-scooter sharing service in Budapest

Ogreco, a 100% Hungarian-owned company, will soon launch its e-scooter sharing system in Budapest, after a successful presentation of the...

Retail

Tourism Industry hit Hard by Labor Crisis

Higher wages and more flexible conditions could help ease labor shortage problems in the hospitality industry, according to experts the...

Retail

MikroCredit introduces non-real-time customer ID

Lender MikroCredit Zrt. is introducing non-real-time customer identification for the first time in Hungary from July, claiming it will be...

Deals

Reverse Takeovers

In their regular investor column, Les Nemethy and Sergey Glekov look at an alternative means of taking a company public....

Deals

Asset Classes: Investment in Luxury Goods

In this sixth and final article in a series on asset classes, Sergey Glekov and Les Nemethy examine luxury goods...

Deals

Government Security Plus sales pass HUF 1 tln in 4 weeks

Retail investors bought more than HUF 1 trillion of Hungarian Government Security Plus (MÁP Plusz) papers in the first four...

Pharma

Inzi Controls to invest HUF 14.8 bln in Komárom

South Koreaʼs Inzi Controls is investing HUF 14.8 billion in building a battery plant for electric vehicles in Komárom (NW...

Retail

Giro d’Italia announces Hungary stages

The organizers of the Giro d’Italia, one of Europe’s three cycling Grand Tours, have announced details of the starting stages...

Deals

AutoWallis increases capital at subsidiary

Holding company AutoWallis, listed in the Equities Prime category of the Budapest Stock Exchange (BÉT), has increased the capital of...

Automotive

Noise requirement may boost EV popularity

Starting from July 1, new EVs will need to be fitted with noise generators in order to be registered, thanks...

Retail

Hungarian youths entrepreneurial, confident in financial matters – study

The majority of Hungary’s youths plan on starting their own business and claim high pay and flexible workhours are the...

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...