Industry

Automotive

Maform signs major deal with Japanese auto producer Phiaro

Hungarian industrial design studio Maform Design, the company behind the redesign of the Samsung Galaxy Gear Edge smartwatch, as well...

Pharma

Rehau-Automotive lays cornerstone of HUF 40 bln bumper plant

The government has concluded a strategic partnership agreement with the Swiss Rehau Group, providing HUF 7.1 billion in non-returnable funding...

Pharma

Ford opens new service center in Budapest

U.S. carmaker Ford opened a regional service center in Budapest last Friday. The new Budapest SSC is Fordʼs biggest European...

Retail

Tech developments pose challenges for car dealers

Car dealerships will face significant challenges in the next decade, related to car sharing, alternative fuels, smart cars, and new...

Deals

Special Effects International Ltd. expands global presence to Dubai

Internationally acclaimed event service provider Special Effects has acquired ownership in the Dubai-based Kraftwerk Design & Production agency, expanding its...

Deals

NEPI Rockcastle acquires Mammut for EUR 254 mln

South African-listed NEPI Rockcastle, which invests in commercial property in Central Europe, on Thursday said it has acquired a controlling...

Deals

Prologis strengthens project management team in CEE

Prologis, which describes itself as the global leader in logistics real estate, announced two new appointments at its CEE project...

Retail

Lidl receives quality awards

International retail chain Lidl received "Value and Quality" prizes in three categories on September 11 at an awards ceremony held...

Deals

Wallis to go public soon, with Altera raising capital

Wallis Groupʼs four auto-related companies are set to go public once the registry court process of Altera Nyrt.ʼs private capital...

Pharma

Bridgestone plans HUF 9.2 bln expansion in Tatabánya

The local unit of Japanese tire maker Bridgestone will launch a HUF 9.2 billion investment at its base in Tatabánya,...

Pharma

Natʼl tobacco supplier opens logistics center

Országos Dohányboltellátó (ODBE), the state-owned national supplier of tobacco shops, opened a more than 2,000 square-meter logistics center in Zalaegerszeg...

Automotive

Industrial output up 6.2% in July

In July 2018, the volume of industrial output grew 6.2% year-on-year, according to a first estimate of monthly data from...

Deals

Trying to Solve the IT Skills Shortage

That there is an acute shortage of IT professionals in Hungary is nothing new. The way the industry is trying...

Automotive

Wallis to open premium used car salon in Budapest

Wallis is set to open a premium used car salon in Budapest this fall, where customers will have access to...

Automotive

Age of vehicles in Hungary continues to rise

In spite of a marked increase in new vehicle sales, the average age of vehicles on Hungarian roads continued to...

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...