Industry

Automotive

Industry Seems Resilient to Deteriorating Global Trends

Following a relatively slow start to the year, Hungary’s industry had come to life again by the second month of...

Retail

Owner of hdiShop acquires clothing peer Dressa.hu

ZV-Impex Kereskedelmi Bt., the owner of hdiShop, has acquired Dressa.hu, resulting in the creation of one of the largest, 100%...

Pharma

Revenue of 77 Elektronika triples in five years

Hungarian-owned medical equipment manufacturer 77 Elektronika had nearly HUF 31 billion revenue last year, a more than threefold rise in...

Deals

Takarék Group to launch universal commercial unit in May

Hungarian banking group Takarék Group will launch its new universal commercial bank unit Takarékbank on May 6, the group told...

Deals

John McLaughlin: Guitarist who set World on its Ear

Talk to legendary guitarist, bandleader and composer John McLaughlin and what shines through right away is his lust for life....

Pharma

Pepco to set up logistics base near capital

Discount apparel and household products retailer Pepco, subsidiary of South African based investment company Pepkor, will set up a HUF...

Deals

New partner appointments at Process Solutions

Independent accounting business Process Solutions Kft. (PS) has announced the appointment of four new partners, within the framework of an...

Retail

Szeged donates to Notre-Dame reconstruction

Following the fire that partly destroyed Notre-Dame Cathedral in Paris, one of the national symbols of France, the Municipality of...

Deals

CIB Lízing appoints new CEO

CIB Lízing Group has announced the appointment of Csaba Fekete as its new CEO as part of ongoing structural reorganization,...

Deals

József Vida in talks to acquire TV2

Hungarian banker and businessman József Vida is in advanced talks, through an agent, on the acquisition of commercial television broadcaster...

Deals

OTP eyes three more banks, then break

OTP Bank wants to acquire three more banks in the region, after which it will take a break from a...

Deals

Hungarian Fashion and Design Agency produces industry strategy

The state-owned Hungarian Fashion and Design Agency has completed the working draft of a strategy to boost the local creative...

Retail

SMART Conference: Banks Told to ‘Think Big’

The cream of the crop of Hungarian innovators gathered at the annual SMART Conference to gain an overview of the...

Deals

Budapest edition of Monopoly to be launched

A special Budapest edition of the famous real estate board game Monopoly is coming to stores this year, featuring a...

Automotive

Automotive sector output up 10% in February

Vehicle manufacturing output in Hungary rose 10% year-on-year in February, beating the overall increase in industrial output, state news wire...

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...