Industry

Deals

Raiffeisen sets eyes on Budapest Bank

Raiffeisen Bank is prepared to make an offer for state-owned Budapest Bank, Raiffeisen Bank International (RBI) press officer Ingrid Krenn-Ditz...

Deals

Hoós to head EY Hungaryʼs financial services risk management

Big Four professional services firm EY has announced the appointment of János Hoós as associate partner, leading EY Hungaryʼs financial...

Retail

Pinball Museum marks 5th anniversary with charity donations

The Budapest Pinball Museum, one of the most popular museums in the capital according to Tripadvisor, has announced the celebration...

Deals

IMF raises GDP growth forecast for Hungary

The International Monetary Fund (IMF) has raised its projection for Hungaryʼs GDP growth this year to 3.6% in its fresh...

Retail

Sopron Plaza renovation enters next phase

The renovation of the Sopron Plaza shopping mall, in the northwest Hungarian city of Sopron, is set to enter a...

Deals

Terrán wins MagyarBrands award for 5th time

Fully Hungarian-owned roof tile maker Terrán has managed to win a MagyarBrands award for the fifth consecutive time in the...

Automotive

Industrial output growth better than expected in February

In February 2019, the volume of industrial output grew by 5.9% year-on-year, with the working day-adjusted index being equal to...

Transport

Qatar Airways introduces additional flights to Budapest

Qatar Airways will increase its service to Budapest by adding four additional flights to Hungary’s capital city, starting Saturday (August...

Deals

Dirk Gerkens leaves TV2

Commercial television channel TV2 announced Wednesday that its CEO, Dirk Gerkens, is leaving the station by mutual agreement, according to...

Automotive

New passenger car registrations up 4.9% in March

New passenger car registrations in Hungary rose 4.9% year-on-year to 13,391 in March, according to a report by Carinfo.hu....

Retail

Pöttyös launches diet version of classic ’Túró Rudi’

Hungarian brand Pöttyös has announced the newest addition to its diet-friendly "Fitt" product line, a Túró Rudi bar with a...

Retail

VCC Live Pay offers debt collection by phone

As a number of firms try to incorporate phone-based payments into their operations, Hungaryʼs VCC Live Pay is offering immediate...

Deals

Logistics Sector Sluggish in Adopting High-Tech Solutions

As much as technological innovations take all sectors by the storm, disrupting how we think about processes down to their...

Retail

Foxpost Says Will Turn Profitable Within Months as E-commerce Grows

Hungary’s largest automated parcel terminal operator Foxpost is set to turn profitable in a few months’ time, the company’s CEO...

Deals

Waberer’s Seeks Route Back to the Fast Lane

With its bright yellow tractors and deep blue trailers, Wabererʼs trucks are a common sight on highways across Hungary and...

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...