Industry

Deals

Hungarian manager in regional position at Bayer AH

Balázs Aladics has been appointed Country Commercial Lead South East Europe at Bayer Animal Health. He has worked for ten...

Deals

Bayer Hungária appoints head of government relations

Zsuzsanna Benyó will head the new position of government relations and communications manager at pharmaceuticals company Bayer Hungária. She will...

Deals

Konzum seeks to raise share capital to HUF 30 bln

The board of listed holding company Konzum has proposed an extraordinary general meeting on December 8, 2017, to give the...

Pharma

Hungary performing well in creative professions

Recent research on Europeʼs Brain Business Jobs shows that some cities and countries in Eastern Europe are overtaking older EU...

Retail

Extreme Digital reports 20% rise in online Black Friday orders

Online shoppers mostly bought mobile phones, refrigerators, washing and drying machines, toys and TV sets on this yearʼs first of...

Deals

S&P ups MOL to investment grade

Standard & Poorʼs Global Ratings on Wednesday raised its long-term corporate credit rating for Hungarian oil and gas company MOL...

Transport

Hiventures invests in Flight Refund

Hiventures, the venture capital fund manager of the state-owned Hungarian Development Bank (MFB), has injected HUF 250 million into Flight...

Transport

Wizz Air to order 146 Airbus aircraft

Hungarian low-cost airline Wizz Air on Wednesday said it has signed a memorandum of understanding with Airbus on the purchase...

Automotive

KSH confirms 5.4% rise in September industrial output

The volume of industrial output in Hungary rose by 5.4% year-on-year in September, according to a second release of monthly...

Pharma

Labor shortage makes winter tire changes dearer

Shifting to winter tires may become more expensive this year, according to a report in business daily Világgazdaság. Employers need...

Pharma

Nestlé opens HUF 20 bln expansion at pet food plant

Swiss-owned Nestlé Hungária inaugurated a HUF 20 billion expansion at its pet food plant in Bük, western Hungary, on Friday,...

Retail

Aldi to start selling discount fuel in Hungary

German-owned discount supermarket chain Aldi will start offering cheap vehicle fuel at pumps in the parking lots of its stores...

Retail

Foundation sees fall in 1% tax donations

One of Hungary’s best-known children’s charities is having to appeal for more funds after the annual 1% personal income tax...

Deals

Annual Remembrance Ceremony In Solymár this Sunday

The traditional service and wreath-laying ceremony marking Remembrance Day (Veteransʼ Day in the United States) will take place at the...

Automotive

Industrial production up 5.4% in September

In September 2017, the volume of industrial output rose by 5.4% year-on-year, according to a first estimate of monthly data...

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...