Industry

Automotive

Industrial producer prices up 1.2% in July

Industrial producer prices as a whole were 1.2% higher in July 2017 than in the same month of the previous...

Automotive

Investments in construction gaining momentum

Investments in Hungary rose 26.8% year-on-year in volume terms in Q2 2017 from a low base one year earlier, the...

Pharma

Hungary 5th in IBM ranking of investment job value

Hungary placed fifth on a list of top-ranking destination countries in terms of the average value of jobs created as...

Automotive

Touted eTruck investment seems too good to be true

One of last weekʼs stories reported by the BBJ was of a huge investment project aiming to build electric lorries...

Deals

Konzum makes Appeninn buyout offer at HUF 261 per share

Holding company Konzum announced its compulsory public buyout offer for all remaining shares in property company Appeninn Holding on Monday,...

Automotive

Bentley showroom opening in Budapest

Porsche Inter Auto Hungaria will start selling Bentley luxury cars next year, according to a report on news portal hvg.hu....

Deals

Konzum group to acquire dominant stake in Appeninn Holding

Konzum Investment and Asset Management and Konzum Private Equity will together acquire a 49.02% stake in Appeninn Holding, the companies...

Pharma

National Bank of Hungary to open office in New York

The National Bank of Hungary (MNB) announced on Thursday it will open an office in New York from September 1,...

Pharma

Xellia inaugurates USD 13 mln expansion in Budapest

Denmarkʼs Xellia Pharmaceuticals inaugurated a USD 13 million expansion at its base in Budapest on Tuesday, state news wire MTI...

Deals

eTruck Motor planning major e-lorry production investment

Hungaryʼs eTruck Motor plans to build almost EUR 10 billion of production capacity for electric lorries around the country, business...

Deals

Kinstellar advises Hiventures on Global Web Solutions investment

Kinstellar, which brands itself as Emerging Europe and Central Asia’s leading independent law firm, advised regional venture capital investor Hiventures...

Transport

American Airlines to begin direct flights from Budapest to Philadelphia

American Airlines will begin operating direct weekly flights between Budapestʼs Ferenc Liszt International Airport (BUD) and Philadelphia International Airport (PHL)...

Deals

Apple Maps now covers Hungaryʼs mass transit services

iPhone users in Hungary will now be able to use a new feature in Apple Maps, which allows them to...

Deals

National network of intermodal container terminals planned

The government plans to set up a national network of intermodal container terminals (OIKH) and would establish a 100% state-owned...

Automotive

KSH confirms industrial output rising 4% in June

In June industrial output in Hungary increased by 4%, following a 8.8% growth in May. Output increased 6.5% in June...

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...