Industry

Transport

Wizz Air to fly to Gatwick from spring

Hungarian low-cost airline Wizz Air said on Thursday it will add one new aircraft and two new routes from Budapest...

Deals

Trade in SET shares temporarily suspended

Trade in the ordinary shares of SET Group Nyrt. was suspended temporarily from the start of the trading session on...

Deals

Danone Hungary names country manager

Dániel Buzási has been appointed country manager of Danone Hungary, starting November 2018, bringing nearly 20 years of domestic and...

Pharma

Austrian firm to employ 250 engineers at R&D base in Érd

Austrian automotive industry company AVL will build a HUF 12.5 billion R&D base in Érd, on the southwest outskirts of...

Pharma

Life Sciences Success Stories in Hungary

The Hungarian Investment Promotion Agency (HIPA) talks to the Budapest Business Journal about recent life sciences success stories in the...

Retail

Building a Healthy Business on Customer Service

The driving force behind FirstMed Clinics, Dennis A. Diokno, says this is an extremely interesting time to be in the...

Deals

Concentration Ahead of Consolidation on Healthcare Market

The private healthcare market in Hungary has become considerably stronger in the past couple of years. This steady growth, however,...

Deals

MedAlliance Expands Healthcare Portfolio

Hungary’s MedAlliance Holding Zrt. has signed acquisition and integration agreements with Genium Center, MediKids, and DoKid, further expanding the medical...

Deals

Late-blooming Real Estate Industry Catching up With Innovation

The construction industry is something of a late-bloomer in terms of applying innovative approaches and state-of-the art technologies. Customer demands,...

Deals

Altera appoints Gábor Székely as new CIO

Listed holding company Altera has announced the appointment of former Appeninn CEO Gábor Székely as Chief Investment Officer, to advance...

Pharma

CPI Property Group announces Campona refurbishment

Luxembourg-based, Czech-owned real estate developer CPI Property Group today unveiled its new plans and projects at the international retail property...

Pharma

Egis invests HUF 8 bln in expanding production capacity

Drugmaker Egis, majority owned by Franceʼs Servier, is investing HUF 8 billion at its base in Körmend in western Hungary,...

Automotive

Automotive industry output falls almost 10% in September

Production volume of Hungaryʼs automotive industry declined 9.5% year-on-year in September, a detailed second reading of monthly data released by...

Retail

Raiffeisen names Ákos Jakab as head of corporates

Raiffeisen Bank Hungary has announced the appointment of Ákos Jakab as head of corporates, markets, and investment banking, according to...

Retail

AI: Control it or be Controlled

Governments and industry recognize that Artificial Intelligence (AI) is opening up transformational opportunities in all areas of human activity. At...

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...