Industry

Pharma

Penny Market invests in third Hungarian logistics base

The Hungarian concern of German-based discount supermarket chain Penny Market has laid the cornerstone of a logistics base in the...

Transport

Wizz Air revenues up 10.1% in H1, with record profits

Hungarian low-cost airline Wizz Air saw its total revenues increase by 10.1% to EUR 921.2 million in the first half...

Deals

Varga eyes extra spending after 10-month fiscal surplus

Hungaryʼs general government posted an unprecedented cash flow surplus by the end of October, Minister for National Economy Mihaly Varga...

Deals

MFB welcomes new chairman-CEO

Tamás Bernáth has been appointed chairman-CEO of the state-owned Hungarian Development Bank (MFB) as of November 12 by Minister of...

Deals

Tech Mahindra leases offices in CityZen

Indian multinational IT solutions provider Tech Mahindra has rented 1,558 square meters of office space in the CityZen office building,...

Pharma

Accenture opens technology delivery center in Budapest

Global professional services firm Accenture has opened a new Accenture Delivery Center for Technology in Budapest, its seventh such location...

Automotive

Industrial output drops 3.7% in September

The volume of industrial production in Hungary was down 3.7% in September compared to the corresponding month of 2015, the...

Retail

Marks & Spencer to shut up shop in Hungary

As part of a major restructuring affecting over 100 stores in the U.K. in response to shrinking profits, British multinational...

Automotive

AAA Auto figures reveal Hungariansʼ used car preferences

Some 58,000 vehicles were sold by Czech car trader AAA Auto across its Czech, Hungarian, Polish and Slovakian markets in...

Retail

IP-based phone services expand in Hungary

Usage of IP-based telephone services by businesses in Hungary has tripled in the past few years, Invitech Solutions concludes based...

Transport

More Budapest flights planned by easyJet

U.K.-based low-cost airline easyJet’s first flight from Venice to Budapest touched down Thursday at the capital’s Ferenc Liszt International Airport,...

Transport

Wizz Air launches three new flights from Budapest

Hungarian low-cost airline Wizz Air has launched three new flights in the past three days, connecting the Hungarian capital Budapest...

Deals

Erste Bank Hungary sells HUF 19 bln of NPLs to Intrum

Erste Bank Hungary announced it had sold more than HUF 19 billion of its stock of non-performing retail mortgage loans...

Deals

Central bank initiates police procedure against journalist

Claiming a violation of business secrecy rules, the National Bank of Hungary (MNB) is reported to have initiated a police...

Automotive

Gearing for new model, Audi shifts labor

German carmaker Audi is temporarily moving 850 workers at its base in Hungary while it switches over to production of...

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...