Industry

Retail

Austrian XXXLutz taking over Kika stores in region

Austrian furniture and decoration retailer XXXLutz will take over 22 Kika stores in the Czech Republic, Slovakia, Hungary, and Romania...

Deals

József Vida confirms TV2 purchase

Hungarian businessman József Vida will acquire the TV2 Groupʼs media portfolio pending approval from the Competition Office (GVH), the commercial...

Deals

Different Asset Classes: Part I

In the first of a series of articles on asset classes, Les Nemethy and Sergey Glekov look at the choices...

Deals

Airbus Helicopters, state to build parts factory in Gyula

Airbus Helicopters and the government of Hungary have announced that they will jointly build a helicopter parts factory in Gyula...

Retail

Eyewear Entrepreneur Tipton Swimming With Sharks

The third episode of the first Hungarian edition of global TV franchise “Shark Tank”, where hungry entrepreneurs pitch to potential...

Deals

DIGI enters mobile market

Hungarian telecom services provider DIGI Kft. announced the launch of mobile services on its own network on Monday, according to...

Retail

Hungarian doors, windows in Reykjavík Marriott Hotel

KAV Hungária, a Hungarian company, is involved in providing the doors and windows solutions of the Marriott Hotel being built...

Retail

500,000th Suzuki Vitara Rolled off in Esztergom

The most popular choice amongst Hungarian car buyers has been a favorite of all generations since its release. Magyar Suzuki...

Automotive

Car-sharing Continues to Grow Hungarian Market

Car-sharing is supposed to complement rather than offer an alternative to transport in the city. Still at an early stage,...

Automotive

Honda’s Electric Vision

Honda’s “Electric Vision”, renewed and emboldened at the 2019 Geneva Motor Show, is for 100% of the brand’s European sales...

Automotive

Looking to Continue Cruising in Top Gear, Despite Road Bumps

The automotive sector in Hungary, so often tagged the “engine” of the local economy, reached its highest rate in March...

Retail

Coop store chainʼs revenues up 4% in 2018

Revenues of Hungarian supermarket chain Coop rose about 4% to HUF 627 billion last year, the company said on Wednesday...

Automotive

Plugging Into an Electrically Chargeable Future

Anyone driving an electric car across Hungary is much better off now than they were two years ago: they don’t...

Deals

V4 sign declaration to build high-speed rail link

Government officials from the Czech Republic, Hungary, Poland and Slovakia (collectively the Visegrád Four, or V4 Group) signed a declaration...

Deals

From a New York Trip to Chatbots Spanning Continents

Talk-A-Bot is an innovative Hungarian chatbot service provider with a growing clientele of large enterprises and ambitious ideas to spread...

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...