Industry

Automotive

Audi starts HUF 32 bln expansion in Győr

The Hungarian subsidiary of German car manufacturer Audi launched the construction of a 80,000 sqm car body plant in Győr,...

Pharma

Gedeon Richter expands Hungarian plant with ABB

Hungarian drugmaker Gedeon Richter is expanding its plant’s technology and production hall in Dorog, using an automation and process management...

Deals

Hungaryʼs central bank prepared for Brexit

The National Bank of Hungary (MNB) has been preparing for both outcomes of the British referendum on whether the U.K....

Deals

Parliament’s committee to hear testimony in Spéder case

The national security committee of the Hungarian Parliament is scheduled to hear a testimony tomorrow at a meeting regarding recordings...

Deals

Lenders register to sell more than HUF 300 bln of bad assets to MARK

Twenty-three financial institutions registered to sell the Hungarian Reorganisation and Receivables Management Company (MARK) bad assets with a gross value...

Deals

Diófa Fund buys Europark shopping center

Diófa Fund Management purchased Europark shopping center in Budapest from Unibail Rodamco, following a year-long cooperation, according to a press...

Deals

Waberer’s to convert into a private firm

Hungarian road haulage company Waberer’s International’s majority owner initiated a vote by shareholders to convert the firm from a public...

Deals

Moodyʼs considers downgrade of embattled FHB bank

FHB mortgage bank is under review for a downgrade by Moody’s Investors Service, according to a press release from the...

Deals

Lenders register to sell more than HUF 300 bln of bad assets to MARK

Twenty-three financial institutions registered to sell the Hungarian Reorganisation and Receivables Management Company (MARK) bad assets with a gross value...

Transport

Official: EU won’t investigate nostalgia train

The Hungarian government estimated that 27-28 passengers would use the nostalgia train recently built in Hungarian Prime Minister Viktor Orbánʼs...

Pharma

INESA inaugurates €6 mln logistic base in central Hungary

Chinese-Hungarian joint venture INESA yesterday inaugurated a logistic base in Dunakeszi, north of Budapest, through an investment of €6 million,...

Deals

Hewlett-Packard partners with Hungarian IVM

The international management of Hewlett-Packard (HP) signed a partnership agreement with Hungarian IVM Zrt. on June 14, under which the...

Deals

CIB Group selling 29 Hungarian properties as one package

The CIB Group announced today that is selling a bundle of Hungarian real estate, consisting of 29, mostly residential properties....

Deals

BSE: 330 Hungarian SMEs suitable for listing

Some 330 SMEs in Hungary could benefit from listing shares on the Budapest Stock Exchange (BSE), the exchangeʼs CEO Richárd...

Transport

Wizz Air launches Budapest-Varna route

Hungarian low-fare airline Wizz Air announced today the launch of its new route between Budapest and Bulgaria’s Varna as 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...