Industry

Automotive

Industrial output climbs 7.6% in October

Hungaryʼs industrial output rose 7.6% year-on-year in October, the Central Statistical Office (KSH) said in a first reading of monthly...

Automotive

ÁKK sells HUF 40 bln of six-week T-bills, over plan

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of discount six-week T-bills at a liquidity auction on Monday,...

Pharma

Government to purchase ‘Whale’ commercial center

The Hungarian government will purchase the "Whale" (Bálna) cultural, recreational and commercial center on the banks of the Danube from...

Pharma

Richter chairman gets state award

President of the Republic János Áder on Wednesday decorated Erik Bogsch, the chairman of drugmaker Gedeon Richter, with the Order...

Deals

Magyar Posta, Mid Europa bid for Romanian courier

Magyar Posta, Hungaryʼs state-owned postal services provider, is among three companies shortlisted for the acquisition of Romanian courier company Urgent...

Deals

SEED appoints Business Development Director

The School for Executive Education and Development (SEED), based in Budapest, has appointed András Kárpáty as Business Development Director, according...

Automotive

Industrial producer prices up 4.5% in October

Industrial producer prices as a whole were 4.5% higher in October 2017 than in the same month of 2016, according...

Deals

Orbán: Hungary seeks ‘fair deal’ on sale of INA stake

Hungary wants to resolve the matter of oil and gas company MOLʼs involvement in Croatian peer INA with a "fair...

Retail

Chinese shipments to be delivered faster from 2018

Magyar Posta, Hungaryʼs state-owned postal services provider, will start a joint venture with the participation of two Chinese logistics firms...

Automotive

Almost two-thirds of SMEs plan investments

Around 62% of SMEs are planning on investing in the next 12 months, compared to the 50% who had investment...

Deals

Tender for Budapest-Belgrade rail upgrade published

In a two-phase tender Hungary has called for the upgrade of the Hungarian stretch of the Budapest-Belgrade railway line, the...

Retail

Stick to the budget on Black Friday

Many Hungarian webstores started Black Friday promotions this morning. While this is a great opportunity to make significant cost savings,...

Deals

Xtend set for start at Budapest Stock Exchange

Xtend, the Budapest Stock Exchange (BSE) market designed for medium-sized companies is ready for start. Trading will be as transparent...

Deals

MOL appoints chief financial officer

Ákos Székely is taking over the position of chief financial officer at MOL Hungary from Zsombor Marton, who will continue...

Retail

Toy market booming in Christmas period

Hungarians begin shopping for toys for Christmas in early November. This period produces 60-70% of the toy marketʼs full-year turnover,...

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...