Industry

Deals

New Ft 2,000 and Ft 5,000 banknotes quick to replace old ones

Just a day after entering circulation, redesigned HUF 2,000 and HUF 5,000 banknotes have already replaced 7% of their predecessors,...

Pharma

Swiss aircraft parts maker to invest in Eger

Swiss-owned RUAG Aerostructures will invest HUF 2 billion in Eger, northeast Hungary, to create an aircraft parts manufacturing plant, Minister...

Deals

Advertising spending in Hungary continues to rise, says MRSZ

The total value of advertising spending in Hungary, not counting television commercials, was HUF 160 billion in 2016, up 12.11%...

Transport

Wizz Air to launch Budapest-Bordeaux flight

Hungarian low-cost airline Wizz Air has announced the launch of a new route from Budapest to Bordeaux as of September...

Deals

New Ft 2,000 and Ft 5,000 banknotes enter circulation

Redesigned HUF 2,000 and HUF 5,000 banknotes are entering the market today, the National Bank of Hungary (MNB) has announced,...

Pharma

Was Nyíregyháza mayor ‘bluffing’ about Legoland?

Hungarian media is calling Nyíregyháza Mayor Ferenc Kovács’s announcement that a Legoland Discovery Center is to be built in the...

Deals

Eversheds Budapest law office receives new name

Following the strategic combination of two international law firms, U.K.-headquartered Eversheds and U.S.-based Sutherland Asbill & Brennan LLP, on February...

Pharma

Hungary recognizes investors with awards

Minister of Foreign Affairs and Trade Péter Szijjártó and Róbert Ésik, head of the Hungarian Investment Promotion Agency (HIPA), acknowledged...

Deals

Client savings in coop integration reach HUF 1.889 tln

Client assets managed by Hungaryʼs savings cooperatives, together with those held by TakarékBank and FHB Bank, rose about 5% to...

Retail

McDonald’s opens career center in Hungary

McDonald’s has opened a career center in Hungary, to help those interested in working at the fast-food chain, or who...

Pharma

Aviagen opens EUR 12 mln hatchery in Hungary

The Hungarian unit of broiler breeder Aviagen has opened a EUR 12 million hatchery in Mezőörs, Hungarian news agency MTI...

Deals

Legoland coming to Hungary, says Nyíregyháza mayor

After Berlin, Oberhausen, Istanbul and Manchester in Europe, the next Legoland Discovery Center is set to be opened in Nyíregyháza,...

Automotive

Capacity expansion lifts Tu-Plast revenues

Revenue of Hungaryʼs Tu-Plast Tubusgyártó, which makes plastic tubes for cosmetics and pharmaceuticals, rose 48% to HUF 7.1 billion last...

Deals

NAV accumulates HUF 109 bln in criminal damages in 2016

Criminal investigations launched by Hungaryʼs National Tax and Customs Administration (NAV) in 6,250 instances against taxpayers in 2016 are estimated...

Automotive

F. Segura to double Hungarian unit area, capacity

F. Segura Hungária, the local subsidiary of the Spain-based car parts manufacturer, has announced plans to expand its Hungarian unit...

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...