Industry

Deals

CEO of local Deutsche Bank unit tapped to head ÁKK

Zoltán Kurali will take over as CEO of the Government Debt Management Agency (ÁKK) on September 1, the Ministry of...

Automotive

Magyar Suzuki sales up in 2018

In 2018, Magyar Suzuki led the market in new car sales with a 14.12% share, translating into 19,292 new Suzukis...

Retail

Hungarians loyal to brands, but also more open to new products

Some 15% of Hungarians are loyal to products they usually buy, well above the world average of 8%, yet the...

Pharma

Austriaʼs AVL building development center in Érd

Austrian engineering company AVL laid the cornerstone on Monday of a HUF 12.5 billion regional development center in Érd, on...

Pharma

Thyssenkrupp building camshaft plant in Pécs

Germanyʼs Thyssenkrupp is building a HUF 17.4 billion camshaft plant in Pécs (SW Hungary), Minister of Foreign Affairs and Trade...

Transport

Scandal grows over Ferenc Liszt Intʼl runway problems

Budapestʼs Ferenc Liszt International Airport was closed for landings and take-offs for two hours on Wednesday evening due to emergency...

Retail

Hungary’s e-tail sector expands fast

Hungary’s e-tail market has expanded by more than 150% in four years, with several analysts underestimating last year’s growth, as...

Transport

Wizz Air to start daily flights to Dubai from Budapest in October

Hungarian low-cost airline Wizz Air is planning to increase its weekly number of flights to Dubai from twice to seven...

Deals

Jászai takes 32% of 4iG, soon to make offer for more

Under an agreement with investor Lőrinc Mészáros, fellow investor Gellért Jászai has acquired a 32.02% stake in listed IT company...

Deals

Change at the top at Liberty Global Eastern Europe

Liberty Global has announced that Eric Tveter, its Eastern European Group CEO, will leave the multinational telecoms firm, with Robert...

Deals

Two new Sushi Time kiosks open in Budapest

Slovakian brand Sushi Time has opened its second and third kiosks in Budapest, Cushman & Wakefield, the real estate advisor...

Retail

Hungarians slowly turning towards online banking

While Hungarians generally trust traditional banks, an increasing number of people would be keen on using financial institutions accessible only...

Transport

Wizz Air offers fan flights to Euro 2020 qualifier in Cardiff

Hungarian discount airline Wizz Air will launch two special fan flights to the Hungarian national soccer teamʼs last qualifying match...

Automotive

Hungarians waiting for EV prices to fall

About 60% of Hungarians would be happy to switch to driving electronic cars, should they received a favorable offer, with...

Automotive

State of own auto common reason for car rental

One of the most significant motivations for renting a car is often concerns about the condition of oneʼs own vehicle,...

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...