Industry

Transport

Qatar Airways brings Boeing 787 Dreamliner to Budapest

Qatar Airways has announced that in February it will be the first airline to fly a Boeing 787 Dreamliner to...

Transport

LOT to launch regular Kraków flights in April

LOT Polish Airlines will launch flights to Kraków from Budapest five times a week, rising to six times a week...

Transport

Wizz Air posts record profits in third quarter

Hungarian low-cost carrier Wizz Air had revenues of EUR 421.2 million in the third quarter of its business year, ending...

Deals

Szallas.hu acquires Polish peer

Hungaryʼs Szallas.hu, an online service for booking commercial accommodation, has acquired Polish peer Spanie.pl; the two companies are expected to...

Pharma

Accenture expands business in Hungary

After hiring an additional 150 employees in Hungary last year, the local unit of global professional services firm Accenture is...

Pharma

Budapest to host Continentalʼs AI development center

German-owned automotive industry supplier Continental is setting up a HUF 5.5 billion software development center in Budapest that will employ...

Deals

GVH inquiry seen having little impact on MTel shares

An inquiry launched by Hungaryʼs Competition Office (GVH) concerning suspected collusion in tenders between telcos Magyar Telekom (MTel) and Telenor...

Deals

Forum to discuss gender pay gaps in Hungary

Although certainly not unique to Hungary, the shortfall in pay for women compared to men in numerous sectors and jobs...

Deals

GKI sticks to 3.8% GDP growth forecast for 2018

Economic research institute GKI has left its projection for this yearʼs GDP growth unchanged at 3.8% in a fresh forecast,...

Automotive

MOL launches car sharing service

Hungarian oil and gas company MOL yesterday launched its car sharing service MOL Limo in ten districts of Budapest within...

Deals

Skanska Commercial Development Europe welcomes new VP

Real estate developer Skanska Commercial Development Europe has appointed Stuart Beety senior vice president of its business development department. He...

Deals

Coca-Cola to build giant plant in Dunaharaszti

Coca-Cola HBC Magyarország is increasing by half the area of its manufacturing base in Dunaharaszti, on the southwestern outskirts of...

Pharma

ContiTech inaugurates HUF 6 bln investment in Hungary

German-owned automotive components manufacturer ContiTech Magyarország inaugurated a HUF 6 billion development at its unit in Nyíregyháza (northeast Hungary) on...

Transport

Hungaryʼs Wizz Air eyes Alitalia routes

Low-cost airline Wizz Air is interested in Italy and its troubled carrier Alitalia but with certain limitations, and intercontinental flights...

Deals

General govʼt deficit confirmed at 169% of 2017 target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.974 trillion deficit at the end of December, thus...

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...