Industry

Pharma

FrieslandCampina’s SSC to create 150 jobs

FrieslandCampina, a Netherlands-based cooperative-owned dairy company, has announced it will set up a shared services center (SSC) in Budapest, providing...

Pharma

Government to redraw billboard market before elections

Hungarian governing party Fidesz issued a decree last Friday, bearing the name of Prime Minister Viktor Orbán, which appears to...

Transport

Wizz Air announces Budapest-Saint Petersburg route

Hungarian low-cost airline Wizz Air is launching a new flight from Budapest to Saint Petersburg, Wizz Air CEO József Várady...

Retail

Extreme Digital partners with Kika, Abra furniture

PROMOTION: E-retailer Extreme Digital has recently opened a new store in Kika in Soroksár, in Budapest’s District XXIII, the first...

Automotive

Hungary’s industrial output up 12.8% in March

Hungary’s industrial production was up by 12.8% in March, as compared to the same month a year earlier while adjusted...

Deals

Hungary fines 730,000+ motorists for driving without vignette

NUSZ, the company that operates Hungaryʼs motorway toll system, fined 731,000 motorists a combined total of almost HUF 5.8 bln...

Deals

CEE telecoms providers’ credit improvement will continue to outpace their Western European peers

Revenue growth, margin expansion and credit protection for telcos in the CEE region will continue to outpace that of their...

Pharma

Futureal also sells mall to OTP Property Investment Fund

Futureal has sold its Sziget Center shopping mall in Hungary to OTP Property Investment Fund as part of the deal...

Deals

Gov’t sees GDP growth staying well over 3% in mid-term

Hungaryʼs government expects economic growth to stay well above 3% in the mid-term, even after peaking at 4.3% next year,...

Automotive

New car registrations up 7.7% in April, says MGE

New car registrations in Hungary rose 7.7% year-on-year to 8,681 in April, the Hungarian Association of Vehicle Importers (MGE) said...

Pharma

GVH withdraws approval for Infineon acquisition of Cree power and RF business

Hungaryʼs Competition Office (GVH) yesterday said it withdrew its clearance for the acquisition of the power and radio frequency business...

Pharma

Apollo’s Hungarian plant seen to have ‘strategic role’

Apollo Tyres expects its recently opened Hungarian plant in Gyöngyöshalász to play a “strategic role” in the European market, as...

Transport

MAHART PassNave completes HUF 600 mln fleet renovation

Hungarian passenger ship company MAHART PassNave has finished a HUF 600 million renovation project, managing director Gábor Spanyik told Hungarian...

Automotive

Mercedes Hungary sees record turnout, sales in 2016

The Hungarian subsidiary of Mercedes-Benz (Mercedes-Benz Manufacturing Hungary Kft.) has closed a record year seeing EUR 3.4 billion revenues and...

Pharma

Richter shareholders approve HUF 106-per-share dividend

Shareholders of Hungarian drugmaker Gedeon Richter approved payment of a HUF 106-per-share dividend on last yearʼs earnings at an annual...

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...