Industry

Automotive

Mercedes-Benz to spend €1 bln on second Hungarian plant

The Hungarian subsidiary of Mercedes-Benz is planning to invest €1 billion to build a second plant next to its existing...

Deals

Vodafone Hungary names new CEO

Alexandre Froment-Curtil will be the new CEO of Vodafone Hungary as of September, according to a press release issued today....

Automotive

Test production started in Croatia gas fields by MOL unit

The start of test production at two gas fields in Croatia was announced today by INA, the local unit of...

Pharma

Hungary, Georgia discuss economic ties in Tbilisi

Hungary and Georgia held negotiations on developing economic ties, and agreed that the main sectors of cooperation are the farm...

Pharma

China’s Inesa Europe purchases industrial property in Hungary

Chinaʼs Shanghai Feilo Acoustics-owned Inesa Europe, which is considered a major player in the global LED-lighting market, purchased more than...

Automotive

Chinaʼs BYD eyes to launch bus production in Hungary

Confirming press reports, China-based bus manufacturer BYD confirmed plans yesterday to set up its first electric bus manufacturing plant in...

Deals

CBRE expects a record year in industrial investments

After the total industrial real estate investment sales in Hungary increased nearly fivefold in 2015 over the previous year and...

Deals

Aldi Hungary wins Superbrands award

The Hungarian subsidiary of Austriaʼs Aldi has won a Superbrands award, a quality recognition for retailers in Hungary, for the...

Deals

MKB Bank shareholders vote to reduce share capital

Shareholders of MKB Bank decided Friday to reduce the lenderʼs share capital from HUF 225 bln to HUF 100 bln...

Deals

Hungarian authorities seize illegal jewelry shipment

Hungary’s National Tax and Customs Administration (NAV) seized a 100-kilogram package of jewelry at Budapest’s Liszt Ferenc International Airport with...

Automotive

Hungarian car-sharing startup wins contest

Hungarian car-sharing startup BeeRides won the Ford Mobility Tour startup competition in Budapest on Thursday, according to Hungarian news agency...

Retail

Bluechip offers IT products and office appliances for businesses

PROMOTION: As a leading web store and retailer specializing in IT products and office appliances, Bluechip is committed to providing...

Deals

Erste Bank launches €550 mln credit program

Erste Bank Hungary is launching a three-year €550 million credit program as part of an agreement with the government and...

Deals

Local opposition kills plan for Homatech Recycling plant

Plans to build a tire recycling plant in Kaposvár were canceled by Homatech Recycling due to support for a local...

Deals

MKB ESOP buys back 15% stake from Blue Robin

The employee stock ownership plan (ESOP) of MKB Bank has acquired 15% of the lender’s shares from Blue Robin Investments,...

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...