Industry

Automotive

Demand for cheap used cars on the rise, says research

According to fresh research by Hungarian used car website Hasznaltauto.hu, the demand for cars is on the rise, with most...

Pharma

Vestfrost to spend HUF 4.4 bln on expansion in Csongrád

The Hungarian unit of Danish appliance manufacturer Vestfrost will spend HUF 4.4 billion to expand capacity to make and store...

Retail

Online Shopping Share on the Increase

Both the number of e-shoppers and the frequency of online buying have seen strong growth over the past few years....

Retail

Black Friday Sales Change how Hungary Prepares for Christmas

This November could be the first to overtake the December shopping season in terms of retailer revenue – at least...

Pharma

An Outlet for Extended Christmas Sales

Shopping for premium brands at Christmas can be made more affordable if done in factory outlets. This market has been...

Retail

Christmas Carries Annual Toy Market on Shoulders

Christmas in Hungary is expected to generate half of the total HUF 45 billion revenues in the toy market this...

Retail

Hungarian Holiday Season Shopping Habits

Shopping malls and online store are both popular when it comes to doing the Christmas shopping in Hungary, with the...

Deals

R&D spending up 21.1% in 2017

Spending on research and development in Hungary amounted to HUF 517 billion, or 1.35% of GDP, in 2017, up 21.1%...

Transport

Wizz Air opens new EUR 30 mln training center

Wizz Air announced the opening of its new, EUR 30 million training center, with two moving plane simulators and the...

Deals

CIG Pannónia to raise capital at general insurance unit

The board of CIG Pannónia Life Insurance decided on Thursday to raise capital at its general insurance unit by HUF...

Pharma

Koreaʼs Hanon Systems to invest HUF 36.7 bln in expansion

South Korean Hanon Systems, a provider of thermal and energy management solutions for the automotive sector, will invest HUF 36.7...

Transport

Ryanair to operate six new flights from Budapest

Irish low-cost airline Ryanair will operate six new flights from Budapest during the summer of 2019, to the Italian cities...

Deals

Q3 growth warrants forecast upgrade, say London analysts

Hungaryʼs strong growth performance in the third quarter of this year suggests that full-year growth will be above expectations, London-based...

Retail

Lidlʼs academy grows number of local suppliers

Nearly 719 representatives of about 500 companies have taken part in the Lidl Supplier Academy event series since the programʼs...

Retail

Major changes ahead in e-commerce regulation

Several significant developments have recently occurred in competition rules related to e-commerce business solutions. According to experts at professional services...

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...