Industry

Retail

Brave New World of Online Invoicing a Success, Experts Say

Launched last summer, Hungary’s online invoice reporting system has now been running for more than half a year – enough...

Deals

GKI raises 2019 GDP growth forecast to 3.5%

Economic research institute GKI has raised its projection for this yearʼs GDP growth to 3.5%, up from 3.4% in a...

Transport

Wizz Air to raise winter timetable capacity in Hungary

Wizz Air will increase capacity on its Hungarian winter timetable flights by 12% this year, the Hungarian low-cost airline told...

Deals

Hungaryʼs ’advertisement cake’ grows 7.77% in 2018

The Hungarian Advertising Association (MRSz), with its partner associations, presented Hungaryʼs so-called "advertisement cake" for 2018 at the Evolution conference,...

Deals

Hungary to set up booth at MIPIM

The local government of Budapest, the Hungarian Investment Promotion Agency (HIPA) and the Real Estate Developersʼ Roundtable Association (IFK) are...

Retail

‘Marketing Police’ aim to Expose ‘Crimes’, but Also Educate

“If you have experienced a marketing crime in your company, report it so the Marketing Police can begin an investigation,”...

Pharma

Gedeon Richter Looks to Build Specialist Future After Esmya Travails

Gedeon Richter, Hungary’s flagship drugs maker, has seen some tough times of late. Shares hit an all-time closing record of...

Pharma

SK Innovation to build second battery plant in Hungary

South Korea’s SK Innovation will invest a total of some HUF 239 billion (approx. EUR 750 million) to build its...

Deals

Appeninn GLA up 47% in 2018

The gross leasable area (GLA) of listed holding company Appeninnʼs commercial property portfolio grew 47% to 93,000 square meters last...

Retail

Hungary still in ’stone age’ of digital signatures

Despite the passing of two decades since its launch, Hungary is still in the "stone age" of e-signatures; even so,...

Deals

Szentkirályi-Kékkuti celebrates year of record sales

Mineral water and soft drinks company Szentkirályi-Kékkuti Ásványvíz Kft. closed 2018 with HUF 17.2 billion in revenues, up almost 10%...

Pharma

BP Szeged SSC headcount approaching 500

The headcount of BPʼs shared services facility in Szeged, southern Hungary, is closing in on the landmark number of 500,...

Deals

Investment fundsʼ net asset value up 5% in 2018

Net asset value (NAV) of investment funds in Hungary rose 5% to total some HUF 6.932 trillion in the twelve...

Transport

Ticket sales for direct Shanghai-Budapest flights start in June

Sales of tickets for direct flights between Budapest and Shanghai are set to start on June 7, marking a milestone...

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...