Industry

Pharma

Serbia’s Pionir in talks to acquire Mondelez factory in Győr

Serbian confectionery group Pionir is in talks on the acquisition of a factory owned by U.S.-based food giant Mondelez in...

Deals

Opus Global expands into alternative fuel

Listed holding company Opus Global said on the Budapest Stock Exchange on Wednesday that a company in which it has...

Deals

Konzum set to acquire majority in Appeninn Holding

Konzum Investment and Asset Management Nyrt., Konzum Private Equity Fund and Konzum Management Kft. are jointly set to acquire a...

Deals

Párizsi Udvar hotel opening suffers delay

Due to unforeseen technical difficulties, the inauguration of the new Párizsi Udvar Hotel in downtown Budapest will be delayed by...

Retail

For SMEs, Facebook takes most ad spend, but questions grow

Research by marketing agency RG Stúdió shows that Hungarian SMEs say they need to spend more to reach their target...

Deals

Opus Global makes television acquisitions

Listed holding company Opus Global on Monday said it has acquired indirect stakes in a television content provider and a...

Deals

Government to buy own fleet of aircraft

János Lázár, the minister in charge of the Prime Ministerʼs Office, confirmed on Thursday that the government will buy a...

Retail

Hungarian fashion brand ‘pops up’ in Budapest

ÁERON, a Budapest-based contemporary womenswear brand, has opened its first Hungarian pop-up store in the Ritz-Carlton on Fashion Street in...

Deals

Opus, EPH partner to acquire majority in Mátrai Erőmű

Opus Global, a listed company among the interests of Lőrinc Mészáros, the business oligarch and close ally of Prime Minister...

Retail

Following Lidl, Spar may take over CBA stores

Local supermarket chain CBA is likely to shrink on the Hungarian market, following the handover of several stores by owner...

Automotive

KSH confirms accelerated industrial output in October

In October 2017, the volume of industrial output rose by 7.6% year-on-year, according to a second estimate of data from...

Deals

Konzum ups capital for insurance, hotel investments

Holding company Konzum aims to acquire a 24.85% share in insurer CIG Pannónia by raising capital at the insurer through...

Automotive

Agriculture delivers ‘average’ performance in 2017

The volume of agricultural output decreased by 6.1% in 2017, with crop production down 8.6% and livestock production 3.2% lower...

Deals

Deficit above 140% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.639 trillion deficit at the end of November, lifted...

Deals

GE layoff numbers set for Hungary

Following the recent announcement that it would lay off 12,000 employees worldwide, GE has now made public its plans for...

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...