Industry

Deals

Deals of the Year 2018: IT, Tech, Food & Drink, Pharma

At the beginning of the year, experts predicted that 2018 would see a livening deals market, both globally and in...

Deals

Changing Mindsets, Widening Horizons

The CEO of IT Services Hungary sees a golden opportunity for the Hungarian workforce to make the most of their...

Deals

HungaroControl: Drone Industry on ‘Brink of a Revolution’

Drone technology stands a good chance of becoming a lucrative business in Hungary. However, for investors and industry players to...

Retail

Maform, Lift launch groundbreaking eVTOL aircraft

Budapest-based industrial design company Maform Design celebrated the launch of the world’s first ever multirotor eVTOL aircraft in association with...

Pharma

Linamar to create 250 jobs at Békéscsaba unit

Canadian-owned automotive firm Linamar Hungary will build a 10,000 square-meter production hall at its base in Békéscsaba (SE Hungary) for...

Pharma

Nestlé grants Szerencsi branding rights for non-cocoa products

The local unit of Swiss food and drink giant Nestlé has transferred exclusive rights to use the "Szerencsi" brand for...

Retail

MOL opens family-friendly gas station

Hungarian oil and gas company MOL has opened a family-friendly gas station in Balatonföldvár, on the southern shore of Lake...

Retail

Starbucks to open three more units this year

U.S. coffee shop chain Starbucks is opening three more units in Hungary this year, bringing the total number of outlets...

Automotive

Hungary farm sector output expands over 3% in 2018

Output of Hungaryʼs agricultural sector grew by 3.1% in 2018, according to a first estimate of the sectorʼs annual performance...

Deals

KEG shares delisted from stock exchange

The Budapest Stock Exchange (BÉT) said on Monday that it is removing the ordinary shares of KEG Közép-európai Gázterminál Nyrt....

Retail

La Liste picks four Hungarian restaurants

This yearʼs edition of La Liste, the international restaurant review aggregator listing the 1,000 best restaurants in the world, includes...

Automotive

Electronics sector helps industrial output growth in October

In October 2018, the volume of industrial output in Hungary grew by 5.9% year-on-year. Based on working day-adjusted data, production...

Deals

MFB outlays set to rise 39% in 2018

The state-owned Hungarian Development Bank (MFB) expects outlays to grow 39% this year, according to the bankʼs Chairman-CEO Tamás Bernáth,...

Pharma

Bosch wins grant under new investment promotion category

Robert Bosch Power Tool Kft., a Hungarian unit of German engineering giant Bosch, will invest HUF 14 billion to set...

Pharma

MedAlliance announces new center and brand

Hungarian medical concern MedAlliance Holding has announced the opening of its "Róbert Egészségközpont Hegyalja" (Robert Health Center Hegyalja) in mid-December,...

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...