Industry

Deals

HUF 1.6 bln earmarked for cycle path upgrade

Budapest Mayor István Tarlós has announced that the central government will match HUF 800 million in funding that will support...

Deals

Kravtex-Kühne Group to present new bus model

Hungaryʼs Kravtex-Kühne Group will add a new, domestically developed low-emission bus model, the Credobus Inovell 13+, to its product line,...

Deals

Associate partner appointed at Horizon Development

The Horizon Development board is now complete after the appointment of Gabriella Sasvári as associate partner, the company has told...

Deals

Wing acquires, renames Strabag PFS

Leading Hungarian-owned property developer Wing Zrt. has bought out the 51% stake of Elitur Invest Zrt., its partner in Strabag...

Deals

Erste Bank Hungary to pay HUF 20 bln dividend

Erste Bank Hungary will pay its owners a HUF 20 billion dividend on last yearʼs earnings, the lender said on...

Pharma

Pilot training center to be set up in Hévíz

Norwegian investors Central European Aviation Cluster and Pilot Flight Academy will establish a pilot training center in Héviz (about 160...

Automotive

Average monthly fuel cost came to HUF 22,000 in 2018

The average monthly fuel consumption cost of Hungarian motorists in 2018 amounted to HUF 22,000, with 73% of car owners...

Retail

Árkád mall to establish new gastro zone

Budapestʼs Árkád shopping center has begun the creation of a new gastro-space dubbed "FoodLoft" on its upper floor, with the...

Pharma

Mészáros firm among winners of massive rail contract

The Hungarian-Chinese consortium that won the tender to upgrade the Hungarian section of the railway line between Budapest and Belgrade...

Retail

Palatinus, Dagály and Paskál lidos open beach season

This year’s "beach" season will start this Saturday, April 27, with the opening of the Palatinus, Dagály and Paskál lidos,...

Pharma

Budapest-Belgrade rail contract to be signed by May 25

The tender to upgrade the Hungarian section of the rail line between Budapest and Belgrade has been won by a...

Retail

Recruitment Market Talk: Expertise Still Trumps Tech

Personalized messages are necessary to stick out from the crowd and to reach the right candidates on the labor market....

Pharma

Despite IT Aides, Humans Still Rule Recruitment

Although the recruitment industry appears to be a slow adapter of the latest technological innovations, openness to such tools can...

Deals

Blue- and White-collar Employees Harder to Find

While some sectors appear to carry the right amount of talent supply, others face a serious labor shortage in Hungary,...

Retail

Could AI be Hungary’s Secret Fast Track?

Automation can bring higher added-value jobs to the country and ease the labor shortage. SMEs need to apply more 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...