Industry

Deals

C&W to represent Mammut mall in leasing, management

Cushman & Wakefield has been appointed to undertake property management and leasing services at the Mammut Shopping and Entertainment Center...

Automotive

ANY Security Printing gets HUF 46 bln contract in consortium

The Central Office for Administrative and Electronic Public Services has entrusted a consortium comprising Hungarian Banknote Printing and ANY Security...

Retail

Minimum wage hike may shutter 1,000s of small stores

While big retail stores are not thought likely to be hit by the Hungarian government’s planned rise in the minimum...

Pharma

POC buys out DAV from Premier Outlet Center

DAV, owned by Raiffeisen Group, has sold its shares in Premier Outlet – considered to be Hungary’s leading outlet center...

Deals

Centrade Cheil enters Hungarian market

International integrated communication agency Centrade Cheil recently announced its official launch on the Hungarian market, according to a press statement...

Automotive

AAA Auto Hungary’s used car sales grow

Used car sales of Czech-based trader AAA Auto peaked in the September-October period at 8,500, rising from 6,300 recorded in...

Deals

MNB urges banks to improve cost efficiency

Hungarian banks need to make their businesses more efficient to overcome the challenges of persistently low interest rates and technology...

Deals

ABB Hungary turns 25, has long-term plans

The Hungarian subsidiary of Swiss-Swedish engineering and technology giant ABB Group is celebrating its 25th anniversary in the country, and...

Deals

Fashion firm Nanushka receives HUF 300 mln injection

Hungarian designer fashion brand Nanushka is receiving a HUF 300 million injection in several stages from Exim Növekedési Magántőkealap, a...

Deals

Local railway firm GySEV upgrades rolling stock

Regional railway company GySEV is reported to be upgrading its rolling stock with both new and used trains, Hungarian daily...

Automotive

Hungary’s industrial output drops 3.7% in September

The volume of industrial production in Hungary dropped 3.7% in September compared to the same month of 2015, after year-on-year...

Deals

Appeninn welcomes new tenant, signs loan agreement

Under what it tags as “significantly more favorable conditions than before”, Appeninn Nyrt. is financing its more than 5,000 sqm...

Pharma

Richter’s teriparatide biosimilar gets ‘positive’ opinion

Hungarian drugmaker Gedeon Richter Plc. has received a “positive” opinion from the Committee for Medicinal Products for Human Use (CHMP)...

Deals

Spar Hungary sees management changes

With SPAR Hungary executive director Erwin Schmuck becoming a member of the company’s supervisory board, Gabriella Heiszler is taking over...

Deals

Waberer’s revenues at EUR 424.3 mln in Q1-Q3

In the first three-quarters of the year, consolidated revenues of Waberer’s International amounted to EUR 424.3 million, representing “outstanding growth”...

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...