Industry

Pharma

German Firms Continue to see Good Business in Hungary

Economically speaking, Hungary has proved a happy hunting ground for German companies, with many indicating future plans to increase investments...

Retail

Cybersecurity, Digitalization and Millennials in CEOsʼ Focus

Big Four consultancy KPMG’s experts analyzed the state of digitalization, economic growth, and the growing influence of Generation Y on...

Deals

Buda Center welcomes private hospital

Emineo Private Hospital has moved to S Immo’s Buda Center, occupying more than 1,300 sqm and making the building fully...

Transport

Wizz Air earnings hit by air traffic control ʼdisruptionsʼ

Hungarian low-fare carrier Wizz Airʼs after-tax profit fell 14% year-on-year in the first quarter of its business year that started...

Automotive

Audi begins serial production of e-engines in Győr

Audi Hungaria marked the beginning of the serial production of electric engines at its Győr plant at an official ceremony...

Deals

Reverse ICOs open new frontier of crypto currency innovation

The reverse application of initial coin offering (ICO) offers a kind of crowd funding for companies not wishing to go...

Retail

Deák St. Kitchen named world’s best Hungarian restaurant

The Ritz-Carlton Budapest’s restaurant, the Deák St. Kitchen, was named the best Hungarian cuisine restaurant globally at the World Luxury...

Automotive

Record sales of second-hand cars in Hungary

The second-hand car market in Hungary reached a new record high in the second quarter. The most popular brand is...

Retail

Technology Investments Leading Growth of Online Customer Experience, but People are Still King

The increasing importance of “customer experience” is undoubtable nowadays as customers are becoming more connected, and influence each other to...

Deals

Tourism no Longer Unloved or Unwanted. Mostly

When I first arrived in this country, tourism seemed to be an area largely ignored by the governments of the...

Retail

Penny Market offers Hungaryʼs first gas cylinder vending machine

Discount supermarket chain Penny Market has put Hungary’s first “Palackomat” gas cylinder vending machine, open 24/7, into operation, allowing customers...

Retail

MKB boasts new digital system

Commercial bank MKB announced on Tuesday the full replacement of its core banking system, the retirement and consolidation of roughly...

Retail

Hungarians spend HUF 2,900 per day in stores

Spending per capita is expected to grow further this year in retail stores, but this does not help small stores...

Deals

Opus Global to become 100% owner of KALL Ingredients

Listed holding company Opus Global will become 100% owner of KALL Ingredients with the news that László Kárpáti, the founder...

Deals

OTP named Euromoneyʼs ‘Best Bank’ in CEE, Hungary

U.K. monthly business and finance magazine Euromoney has named OTP Bank the “Best Bank” in both Hungary and the CEE...

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...