Industry

Retail

Hungarians lick billions in ice cream

Hungarians spend more than HUF 26 billion on ice cream annually, according to data from market research firm Nielsen cited...

Automotive

Wabererʼs to fund Polish acquisition via EUR 50 mln IPO

Hungarian road haulage company Wabererʼs announced Tuesday that it plans to raise EUR 50 million in an initial public offering...

Pharma

Viessmann to open HUF 533 mln service center in Hungary

German heating and refrigeration systems maker Viessmann is opening a HUF 533 million service center in Pécs (SW Hungary), Minister...

Deals

HVCA’s 19th conference sees further investment in the region

Participants at the 19th annual conference of the Hungarian Private Equity and Venture Capital Association (HVCA) on Private Equity, Venture...

Automotive

New car registrations up 29% in May, says MGE

New car registrations in Hungary rose 28.6% from a year earlier to 10,952 in May, the Hungarian Association of Vehicle...

Deals

MNB orders oversight commissioner at Dimenzió after court suspends licence revocation

The National Bank of Hungary (MNB) yesterday said it has ordered an oversight commissioner at insurance association Dimenzió after a...

Deals

Konzum fund manager to acquire 49% of MKB Bank

The investment manager of holding company Konzum will acquire a 49% stake in MKB Bank, Hungaryʼs fifth biggest lender, Konzumʼs...

Automotive

Samsung inaugurates EV battery plant in Göd

Korea-based Samsung inaugurated a HUF 100 billion electric vehicle battery plant in Göd, near the capital of Budapest on Monday,...

Deals

Coca-Cola HBC Hungary restructures commercial branch

The commercial branch of Coca-Cola HBC Hungary is being restructured, while the company is appointing two new people to two...

Transport

Wizz Air closes strong financial year

Total revenues of Hungarian low-cost airline Wizz Air increased by 10% to EUR 1.571 billion in its 2017 financial year...

Retail

Invitel Group welcomes new online chief

Dénes Éless has been named online chief at Invitel Group Hungary, taking effect from May, according to a press release...

Retail

Eisberg Hungary turns out 130 tons of lettuce a week

Eisberg Hungary produces 130 tons of salad products a week and exports almost half of it, chiefly to fast food...

Automotive

Audi to launch electric motor production

German carmaker Audi will start production of electric motors at its base in Hungary in two weeks, Audi Hungaria Chairman...

Deals

Italian chamber holds business lunch in Debrecen

The Italian Chamber of Commerce in Hungary (CCIU) organized a business lunch on May 15 in Debrecen with the intention...

Deals

CTP acquires Rozália Park in Biatorbágy

Real estate firm CTP has acquired the 57,800 sqm logistics scheme Rozália Park from Challenger, at Biatorbágy to the west...

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...