Industry

Automotive

Automotive output outpaces industrial growth in January

Vehicle and vehicle parts manufacturing output in Hungary rose 4.8% year-on-year in January, beating the overall 4.4% monthly rise in...

Pharma

Hankook workers strike over pay

Workers at Korean tire maker Hankookʼs plant in Dunaújváros (central Hungary) started a strike over pay at 2 p.m. Tuesday....

Pharma

Tesco SSC to create 800 jobs

A shared service center for Central Europe which U.K. retailer Tesco is setting up in Budapest will create 800 jobs,...

Deals

OTP board proposes option of separate chairman, CEO

Shareholders of OTP Bank will vote to give the board the power to separate the positions of chairman and chief...

Retail

Lidl to cut sugar, salt content of own brands by 20%

Discount supermarket chain Lidl Hungary has announced that it will decrease the salt and sugar content of its own-brand products...

Deals

BÉT announces changes to BUX, BUMIX indices

The Budapest Stock Exchange (BÉT) has announced changes to its main BUX and mid-cap BUMIX indices following a biannual review,...

Automotive

AMTS Automobile and Tuning Show at Hungexpo

This yearʼs AMTS, often dubbed Hungaryʼs biggest automotive event, will be held between March 22 and 24 at the Hungexpo...

Automotive

ZalaZONE, Hungarian startups showcased in Berlin

The ZalaZONE self-driving vehicle test track in Zalaegerszeg (about 180 km southwest of Budapest) joined a number of Hungarian startups...

Pharma

Govʼt ups financial incentive to lure Tesla mega-investment

The government is stepping up its efforts to make the country more attractive in the regional competition for a new...

Automotive

Regional cooperation on self-driving vehicle development

Hungary, Austria and Slovenia signed a memorandum of understanding on cooperation in the development of self-driving vehicles in Budapest on...

Pharma

Franceʼs GMD to build HUF 14.5 bln vehicle parts plant

Franceʼs GMD group will build a HUF 14.5 billion vehicle parts plant in Dorog (northern Hungary), Minister of Foreign Affairs...

Retail

Premium-category products win Product of the Year awards

This year brought a breakthrough in premium-category and convenience products at the Product of the Year (POY) awards, according to...

Deals

Plotinus trades as Akko Invest from Wednesday

Listed holding company Plotinus will trade under the new name Akko Invest from Wednesday, state news agency MTI reported, citing...

Deals

Széchenyi Fund to invest HUF 70 bln up to 2022

The Széchenyi Venture Capital Fund (SZTA), an EU-supported investment fund established by the state to fund SMEs, will invest HUF...

Automotive

New passenger car registrations up 12.6% in February

New passenger car registrations increased 12.6% to 11,227 in Hungary in February from a year earlier, according to a report...

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...