Industry

Transport

Wizz Air celebrates 13th anniversary

Hungarian low-cost airline Wizz Air celebrated its 13th anniversary on May 19, according to a press release sent to the...

Pharma

CHMP issues positive opinion for Richter’s cariprazine

The Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has adopted a positive opinion...

Deals

Hotel in Párizsi udvar set for completion in 2018

Parizs Property, a member of Mellow Mood Group, confirmed on Friday that it is building a five-star hotel for HUF...

Deals

CPI mandates CBRE with managing Campona, Pólus Center

After acquiring the Campona and Pólus Center shopping centers in Budapest, CPI Property Group has once again exclusively entrusted real...

Pharma

ThyssenKrupp starts work on HUF 11 bln plant

German automotive parts manufacturer ThyssenKrupp today launched a HUF 11 billion greenfield investment in Hungary’s second city of Debrecen, according...

Automotive

Hungary’s industrial output up 13.4%

Hungary’s industrial production rose 13.4% in March, compared to the same month a year earlier, while adjusted for working days,...

Deals

CBRE envisages ‘major deals’ this year

The Hungarian investment property market can expect major business deals this year, according to a recent analysis sent to the...

Retail

Hungary attracts 19% of retailers eyeing expansion, CBRE says

Hungary is the fifth most attractive market for retailers looking to expand their store presence in Europe, the Middle East...

Retail

Hungarian central bank steps up against OneCoin

The National Bank of Hungary (MNB) has agreed with a number of authorities on taking joint measures against the cryptocurrency...

Deals

C&W reappointed to manage two malls in CEE

Cushman & Wakefield has been reappointed by CPI Property Group as property manager of two major shopping centers and one...

Pharma

INESA eyes EUR 2 mln expansion

LED lighting technology manufacturer INESA and its Hungarian subsidiary INESA Europa Kft. jointly announced plans today about expanding their commercial...

Transport

Wizz Air signs partnership agreement with five universities

Wizz Air, the largest low-cost airline in Central and Eastern Europe, today announced a new partnership with five universities in...

Pharma

Hungarian plant seen boosting Apollo Tyres further

Net sales of India-based Apollo Tyres amounted to EUR 1.77 billion in its 2016-17 financial year ending in March, up...

Transport

Travel startup Beontrips launches in Hungary

Hungarian start-up business Beontrips has just launched a new travel service on the local marketplace making it possible to purchase...

Deals

OTP CEO sees 4-5 possible acquisitions on horizon

OTP Bank, Hungaryʼs biggest commercial lender, could make another four to five acquisitions, both in countries where it wants to...

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...