Industry

Deals

Szentkirályi founder, Pasquales acquire PepsiCo interests

Levente Balogh, who founded the Szentkirályi mineral water brand in 2003, has teamed up with his Italian partners, the Pasquale...

Automotive

Hungary risks becoming ‘Europe’s junkyard’ for used cars

Hungaryʼs used car market saw record turnover in 2017, as sales climbed 10.9% to 687,991, used car trader Das WeltAuto...

Deals

Special Effects announces Zsolt Kassai as general manager

Event production company Special Effects International welcomed the New Year by appointing a new general manager. After 15 years in...

Deals

Hungarian IT firm bought for estimated USD 100 mln

One Identity, the ID and access management unit of U.S.-based Quest Software, has acquired Hungarian-owned Balabit, the latter announced on...

Deals

New partner joins Amrop Kohlmann & Young

Effective from the beginning of January, Nora Ruszkai has joined leading international executive search firm Amrop Kohlmann & Young as...

Deals

Budapest flat rental price growth stagnates in January

According to data compiled by property listing site ingatlan.com, flats for rent in Budapest under HUF 100,000 per month are...

Deals

SAS Hungary welcomes new managing director

Starting from January 1, Tibor Loncsár has taken over the position of managing director at SAS Hungary, the local office...

Deals

New issues, issuers key to stock exchange strategy in 2018

The Budapest Stock Exchange (BÉT) needs new issues and new issuers as it continues to build up Hungaryʼs capital market,...

Pharma

B. Braun Medical to invest over HUF 30 bln in Gyöngyös

German-owned B. Braun Medical Magyarország will build a HUF 30.7 billion intravenous kit plant at its base in Gyöngyös (NE...

Deals

Smokers undeterred by fines at bus and tram stops

The law banning smoking at public transport stops seems to have failed to have its desired effect. In five years,...

Retail

Hungarians still reluctant to shop online, Eurostat data shows

Around 39% of Hungarians shopped online during 2017, well below the European Union average of 57%, show survey data compiled...

Automotive

Ford calls for stricter regulation of used car sales

New motor vehicle sales have been picking up dynamically in Hungary, with Ford keeping its supremacy on nearly all fronts....

Automotive

More traffic, but less chaos by 2030 – says PwC report

The automotive industry will undergo radical changes by 2030, says a report by professional services firm PwC. The number of...

Pharma

Deloitteʼs Budapest Cyber Intelligence Center aims to protect businesses

To answer the growing need for managed cyber security, Deloitte has established a Cyber Intelligence Center (CIC) in Budapest to...

Retail

All Hungarian companies must prepare for online invoicing

Beginning from July 1, taxpayers and companies that invoice in Hungary must use a system that is connected online 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...