Industry

Deals

Opus Global to acquire controlling stake in 4iG

Listed holding company Opus Global announced Wednesday afternoon it has reached agreements with shareholders of 4iG to acquire just over...

Retail

End of grace period for online invoicing nears

The grace period for online invoicing in Hungary ends on July 31, with the regulation having come into effect from...

Deals

Wabererʼs issues profit warning

The board of road haulage company Wabererʼs International has adjusted its outlook for the year 2018 and now expects full-year...

Transport

Record summer expected at Ferenc Liszt Airport

Last year passenger traffic at Ferenc Liszt International Airport in Budapest reached a record number of 13.1 million. According to...

Automotive

KSH confirms near-stagnant industrial output in May

In May 2018, the volume of industrial output grew by just 0.4% year-on-year, the Central Statistical Office (KSH) reported in...

Retail

KPMG Hungary surveys growth, digitalization, jobs

Experts at Big Four consultancy KPMG analyzed the state of digitalization, economic growth, and the growing influence of Generation Y...

Automotive

No Altera shareholder accepts Wallis buyout offer

None of the shareholders of holding company Altera had offered their shares to Wallis Asset Management by the July 9...

Retail

Unique Footwear Store Opens in Budapest

Footshop, a specialist regional shoe store offering exclusive sneakers, has opened its first outlet in Budapest. According to a press...

Pharma

Richter acquires fertility drug rights for U.S. market

Gedeon Richter Plc. has announced the conclusion of a sale and purchase agreement with Swiss corporation Fertility Biotech AG to...

Pharma

Bosch launches expansion of Budapest development center

German engineering giant Bosch laid the cornerstone for a HUF 37 billion expansion of its Budapest Development Center on Tuesday,...

Deals

Hungary prepares for fourth industrial revolution

Interest in modern industrial solutions in the fields of automation, renewable energy and drive technology has grown by more than...

Deals

BILK public offering withdrawn

BILK Logisztikai Nyrt. said on Friday it has closed the private placement of its shares without any sales, and has...

Retail

Hungarians consider on-the-job training essential, despite lack of opportunities

According to an OTP-sponsored survey, a large portion of working age Hungarians want to learn new things at the workplace,...

Deals

New appointments at TriGranit

Developer TriGranit has announced several personnel changes related to its new Millennium Gardens office project in Budapest. The latest arrival...

Deals

Evosoft Hungary to come under 1 roof in Budapest

Hungarian IT company evosoft, owned by Siemens, is expected to move into a new building, concentrating its operations into one...

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...