Industry

Deals

Govʼt Bond Plus sales reach HUF 529 bln in first week

Retail investors bought HUF 529 billion of Hungarian Government Bond Plus (MÁP Plusz) securities between June 3 and June 7,...

Retail

Kapitány wins European Convenience Industry Leader of the Year

Shellʼs Hungarian global executive vice president István Kapitány has been recognized as European Convenience Industry Leader of the Year by the...

Pharma

Continental to start making dandelion-based cycling tires

Continental will start manufacturing bicycle tires where the fluids found in dandelion will replace natural rubber as the main ingredient,...

Retail

Lukoil CEO sees tainted oil compensation at USD 15 per barrel

A discount of not more than USD 15 per barrel of crude would be fair compensation for buyers affected by...

Transport

Freight transport performance stagnant in Q1

The performance of freight transport companies in Hungary was almost unchanged in Q1 2019 from a year earlier at 14.6...

Deals

AutoWallis Lays out ‘Ambitious’ Plans up to 2024

Automotive service provider, AutoWallis has recently presented its long-term strategy in which it set the ambitious goal of becoming a...

Automotive

Automotive sector holds industrial output back in April

Industrial output in Hungary rose 6.3% year-on-year in April according to unadjusted data, and by 6.0% according to working day-adjusted...

Retail

OMV, Ionity present regionʼs fastest e-charger at Bábolna

Austrian oil and gas company OMV has equipped its Bábolna gas station on the M1 motorway with the first HPC...

Retail

Europeans favor local products, but for different reasons – survey

Europeans do not only prefer, but are actively seeking out local products when shopping, even though people have different definitions...

Retail

Hungary appeals Sodexo award with ICSID

Hungary has filed to annul an award of some EUR 73 million, before interest, to French food voucher company Sodexo,...

Automotive

New passenger car sales up 7.8% in year to date

In May 2019, some 14,207 new passenger cars were registered in Hungary, 10.4% more compared to the same month of...

Pharma

Pick to mark sesquicentenary with capacity expansion

Hungarian meat processor Pick Szeged could start building another plant in Szeged (SE Hungary) as soon as next year, CEO...

Deals

Hungarian uni students take part in Huawei talent program

Chinese telecommunications company Huawei welcomed ten Hungarian university students to its Seeds for the Future talent fostering program in Beijing...

Retail

Heat pumps the next big thing on heating market – Ariston

Italian heating systems producer Ariston Thermo, while finishing a record year globally, has retained its leading position on the Hungarian...

Retail

Data security fears hinder spread of online banking services

While Hungarians are generally well prepared to handle their finances compared to other countries in the region, the popularity of...

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...