Industry

Pharma

M-FlexiLog eyes HUF 3.3 bln investment in Hungary

Austrian-owned M-FlexiLog is planning to build its second packaging materials plant and logistics base in Hungary’s Békéscsaba through an investment...

Transport

Wizz Air names new Chief Flight Operations Officer

József Ujhelyi was appointed Chief Flight Operations Officer at Hungarian low-fare airline Wizz Air, reporting directly to Chief Operations Officer...

Deals

MNB announces sale of MKB Bank to consortium of 3 funds

The National Bank of Hungary (MNB) said it closed the sale of MKB Bank on Wednesday, selling MKB to a...

Deals

MKB Bank sees profitable Q1

Hungarian MKB Bank, which the Hungarian state just sold yesterday, saw a profitable first quarter, and the turnaround at the...

Deals

MOL completes acquisition of ENI downstream business in Slovenia

Hungarian oil and gas company MOL yesterday said it completed the acquisition of Italian peer ENIʼs downstream business in Slovenia,...

Pharma

Gedeon Richter acquires Swiss peer Finox Holding

Hungarian drugmaker Gedeon Richter is acquiring Swiss biotech company Finox Holding for a purchase price of CHF 190 million, Richter...

Pharma

IBM plans HUF 3.2 expansion at Székesfehérvár service center

IBM is planning to expand its IT service center in Székesfehérvár through an investment of HUF 3.2 billion, the Hungarian...

Deals

Csányi fund buys more OTP shares

OTP Bank chairman-CEO Sándor Csányi continued to scoop up shares of the bank he manages, according to reports. Following a...

Deals

OTP shares purchased by Csányi Fund

Some 300,000 OTP Bank shares were purchased by a fund operated by Sándor Csányi’s Singapore-based CSAM Asset Management, the lending...

Deals

State, EBRD buy 15% stakes in Erste Bank Hungary

The Hungarian state and the European Bank for Reconstruction and Development (EBRD) today finalized the acquisition of 15% stakes each...

Deals

Wizz Air names commercial director

George Michalopoulos will be promoted to the position of Commercial Director at Hungary’s low-fare airline Wizz Air, according to a...

Deals

Remmers, Appeninn sign leasing agreement

The Hungarian subsidiary of Remmers signed a leasing agreement with Appeninn for five plus years for a 5,160 sqm property...

Retail

György Wáberer to advise Mid Europa Partners

After the announcement of being bought out from Waberer’s International and retiring from the haulage company’s leading position, founder György...

Deals

Property developer Wing Group lists bonds on Budapest bourse

Hungarian property developer Wing Group launched a €40 million corporate bond package, listing the bonds on the Budapest Stock Exchange,...

Deals

MNB suspends licence of Quaestor investment fund manager

The National Bank of Hungary (MN) suspended the investment fund management and portfolio management licence of Quaestor Befektetési Alapkezelő, and...

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...