Industry

Deals

Top 100 global corporations reach record value, China gains on U.S.

According to PwC’s latest “Global Top 100” corporate rankings, the capital value of the world’s top businesses has grown by...

Pharma

Taiwanese firm to build bicycle factory in Gyöngyös

Taiwanese bicycle manufacturer Giant Global Group will build a HUF 15 billion plant in Gyöngyös (N Hungary), Levente Magyar, parliamentary...

Deals

Sanatmetal inaugurates RUB 250 mln plant in Russia

Sanatmetal, a manufacturer of high-tech orthopedic and traumatology products based in Eger, northeast Hungary, inaugurated a RUB 250 million (approx....

Deals

MNB replacing HUF 500 banknotes

The National Bank of Hungary (MNB) today launched a new HUF 500 banknote. The new banknote will be available for...

Deals

Survey to study diabetic lifestyles in Hungary

The Hungarian Diabetes Association is conducting a survey to try and better understand the everyday lives of diabetics. The goal...

Retail

Hungary’s online retail trade tops HUF 500 bln in 2017

According to research by eNET, the net volume of online retail in Hungary totaled HUF 545 billion in 2017, with...

Retail

Hungaryʼs online invoicing kicks in on Sunday

As of Sunday, July 1, all companies must send the tax authorities a copy of their invoices containing VAT higher...

Automotive

Industrial producer prices for Hungary grow by more than 5%

Industrial producer prices as a whole were 5.3% higher in May 2018 than in the same period of the previous...

Deals

Dentons links up with former Big Four consultants

Law firm Dentons has announced it is joining up with former Big Four consultants in Hungary to launch Impact Advisory,...

Pharma

UniCredit finances Samsung SDI expansion in Hungary

UniCredit announced it has successfully closed a EUR 300 million financing deal with Samsung SDI for the electric vehicle battery...

Deals

Budapest’s first office skyscraper granted permit

International office developer GTC Hungary has received the building permit for its new project, The Twist – Budapest City Tower....

Deals

Deloitte Hungary appoints German auditor to lead German Desk

Professional services firm Deloitte Hungary has appointed German national Manfred Siebke as director and head of the company’s German Desk,...

Deals

4iG board urges shareholders to refuse buyout offer

The board of IT company 4iG Nyrt. recommended shareholders refuse a public purchase offer by a consortium of companies and...

Deals

Bird & Bird moves whole local operation into one office

International law firm Bird & Bird has moved to a new office in Budapest’s District 2, bringing its entire Hungarian...

Pharma

Romanian authorities suspend license of Richter wholesaler

Hungarian drugmaker Gedeon Richter said on Thursday the Romanian National Agency for Medicines and Medical Devices (NAMMD) has suspended the...

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...