Industry

Automotive

Hungary’s industrial output drops 0.5% in December

The volume of Hungary’s industrial output was down by 0.5% in December, compared to the same month a year earlier;...

Deals

Shell Hungary names new head of executive board

Andrea Bujdosó has been appointed head of the board of directors at Shell Hungary, taking effect from February 1, according...

Transport

EasyJet adds Amsterdam-Budapest flight to schedule

The first flight of easyJet on the Amsterdam-Budapest route touched down in Ferenc Liszt International Airport on Monday, according to...

Deals

French chamber to visit Győr

The Hungarian-French Chamber of Commerce (CCI France Hongrie) will be holding the next event of its Industrial, Logistics and Purchasing...

Deals

Egis acquires Russian drug portfolio of Croatian peer

French-owned Hungarian drugmaker Egis on Monday announced its acquisition of the Russian skin care and womenʼs healthcare products portfolio of...

Pharma

ROKI enters Europe by signing for 5,500 sqm in CTPark Arad

Japan-based company ROKI, specializing in manufacturing automotive filters, will occupy a 5,500 square-meter unit in the CTPark Arad in western...

Deals

CNG sales in Hungary break record in 2016

Sales of compressed natural gas (CNG) in Hungary grew by more than 50% in the first 11 months of 2016,...

Pharma

ThyssenKrupp to build another plant in Hungary

Germany-based automotive giant ThyssenKrupp is planning to build a new plant in Hungary’s Debrecen through an investment of HUF 11...

Deals

IBM Hungary names new country leader

Peter Rehus has been appointed Country Leader for IBM Hungary, transitioning from his previous position of SaaS Commercial Leader for...

Deals

Appeninn buys office building in Zugló

Real estate firm Appeninn has purchased a 3,200 square-meter class “B” office building in Zugló, in a recent move that...

Deals

Hungarian commercial real estate market grows 107% in 2016

Investors spent EUR 1.54 billion in 2016 on the Hungarian commercial real estate market, surpassing the 2015 level of EUR...

Transport

Wizz Air total revenues up 9.9% in Q3

Hungarian low-cost airline Wizz Air’s total revenues grew by 9.9% to EUR 341.1 million in Q3 of its financial year,...

Deals

ENKSZ completes purchase of EDF Démász

Hungaryʼs state-owned utilities company ENKSZ (First National Public Utility Ltd.) announced today it has completed its acquisition of EDF Démász,...

Deals

UAE investor Al Habtoor praises Hungary’s investment climate

Khalaf Ahmad Al Habtoor, the chairman of the United Arab Emiratesʼ Al Habtoor Group, praised Hungaryʼs investment environment for the...

Automotive

Hungarian customers prefer used Opel Astras, Suzuki Swifts

Hungarian men buying used cars tend to go for Opel Astra models, while women prefer Suzuki Swifts, according to the...

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...