Industry

Pharma

SMG inaugurates HUF 5 bln expansion in Hungary

Indian automotive industry supplier Samvardhana Motherson Group (SMG) inaugurated a HUF 5 billion expansion at its base in Túrkeve (SE...

Pharma

Alföldi Tej inaugurates HUF 15 bln plant in Debrecen

Hungarian dairy company Alföldi Tej inaugurated a HUF 15 billion cheese and powder manufacturing plant in Debrecen on Tuesday, Hungarian...

Retail

Tungsram donates lamps to Transylvanian childrenʼs homes

Marking the International Day of Light, Tungsram has donated 12,000 lamps to Franciscan monk Csaba Böjteʼs Transylvanian childrenʼs homes, according...

Deals

WWF transforms regional program

The World Wildlife Fund announced the transformation of the WWF International Danube-Carpathian Program to the WWF Central and Eastern Europe...

Retail

Hungarian ice cream market worth over HUF 35 bln

The Hungarian ice cream market is expected to grow by 20%, generating output of HUF 35 billion, according to the...

Automotive

Car makers continue to drive industrial output growth

Output of Hungaryʼs automotive sector, the engine of industrial growth accounting for about 30% of manufacturing production, rose 12.8% year-on-year...

Deals

MOLʼs Ferenc Horvath talks achievements, corporate culture

Petrochemical and Refining Congress: Europe takes place in Budapest on May, 20-21. PRC Europe 2019 is co-hosted by MOL Group,...

Retail

Lubricating the way to Brand Awareness

In an exclusive interview with the Budapest Business Journal, Alexander Sokolov, managing director of URT Oil Trade Kft. talks about...

Retail

AI Community Needs Coordination to Thrive

There’s a lot more going on in the realm of artificial intelligence in Hungary than you might think. However, isolated...

Deals

Horizon names business development director

Real estate developer Horizon Development has announced the appointment of Tamás Ádány, ex-CEO of OTP Real Estate Plc., to the...

Deals

Csányi tops Hungary rich list

OTP Bank Chairman-CEO Sándor Csányi leads this yearʼs list of the "100 Richest" Hungarians with wealth of HUF 360 billion,...

Retail

Spar launches online shop

Retail chain Spar has announced the launch of its online shop, with home delivery services available in Budapest and 49...

Automotive

András Sávos named new DUIHK president

The German-Hungarian Chamber of Industry and Commerce (DUIHK) has elected András Sávos as its new president, who will follow in...

Automotive

Industrial output up 8% in March

In March 2019, the volume of industrial output - both in raw terms and according to working day-adjusted figures -...

Transport

Wizz Air opens early check-in desk

Hungarian budget airline Wizz Air has opened an early check-in desk at Budapestʼs Ferenc Liszt International Airport, facilitating the process...

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...