Industry

Deals

New WestEnd Property Management general manager named

Gránit Pólus Group has announced the appointment of Simona Ioana Ion as general manager of WestEnd Property Management Ltd., according...

Pharma

Lufthansa Technik to set up repair plant in Miskolc

Germanyʼs Lufthansa Technik, a provider of maintenance, repair, and overhaul (MRO) services for aircraft, will set up a HUF 43...

Deals

Hungary posts 3rd highest growth in Chinese tourist arrivals

The EU remains an attractive destination for Chinese tourists, and while the U.K. is still the most popular looking at...

Retail

Ráth Villa, Budapest’s Shrine to Hungarian Art Nouveau

David Holzer embarks on a pilgrimage to discover the differences between Szecesszió and Art Nouveau....

Pharma

Enmech Hungary invests HUF 6.4 bln in capacity expansion

Automotive parts manufacturer Enmech Hungary is investing HUF 6.4 billion in expanding production capacity at its base in Pécel on...

Deals

Microsoft Hungary names Mattheisen new general manager

Microsoft Hungary has announced the appointment of former Magyar Telekom CEO Christopher Mattheisen as general manager, effective March 4, 2019,...

Deals

Gerald Grace named Invitech CEO

Business IT solutions provider Invitech has announced the appointment of Gerald Grace as Chief Executive Officer. Gerald succeeds David Blunck,...

Deals

Automotive sector continues to drive industry in December

Production volume of Hungaryʼs automotive industry - accounting for about 27.1% of total manufacturing output - rose 9.9% year-on-year in...

Deals

Mátrai Erőmű books after-tax loss but pre-tax profit in 2018

Mátrai Erőmű, which operates Hungaryʼs second biggest power plant, booked a HUF 817 million loss last year because of a...

Deals

HB Reavis enters German market

Regional real estate development company HB Reavis has announced its entry to the German market by acquiring two strategically important...

Pharma

Śnieżka acquires 80% of Poli-Farbe

Polish paint maker FFiL Śnieżka has agreed to acquire an 80% stake in Hungarian peer Poli-Farbe within the framework of...

Pharma

Richter, Allergan expand Levosert distribution, supply agreement

Hungarian drugmaker Gedeon Richter has announced entering into a distribution and supply agreement with a wholly owned subsidiary of Allergan...

Deals

Mazars names CEE head of business development

Audit, accounting and consulting group Mazars has announced the appointment of András Bagyura as head of business development in the...

Pharma

Room for improvement in holiday e-tail – eNET

While both the Black Friday and Christmas shopping periods in 2018 could be considered commercially successful, there is still room...

Retail

Energy sector has less than 5 years to transform – PwC

Less than five years are available for the energy sector to prepare for market changes generated by technological development 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...