Industry

Pharma

CRH Group opens service center in Budapest

International construction firm CRH Group yesterday opened its new business service center in Budapest, offering financial and commercial administration services...

Transport

Wizz Air to launch Budapest-Porto route

Hungary’s low-cost airline Wizz Air is launching a new Budapest-Porto route as of September 4, operating two flights a week...

Transport

With 1 million passengers, BP Airport sets record for May

One million passengers travelled through Budapest Airport last month, making it the busiest May on record for the airport, which...

Deals

TMF Group acquires Hungaryʼs UCMS Group

Professional services firm TMF Group, has acquired Hungary-based UCMS Group, one of Central Eastern Europe’s most established independent payroll, HR...

Pharma

Survey: FDI creates 11,000 jobs in Hungary in 2015

The number of jobs created by foreign direct investment (FDI) in Hungary in 2015 more than doubled compared to the...

Deals

Turk Telekom International names new CTO

Dr. Cebrail Taşkın was appointed Chief Technology Officer (CTO) of Turk Telekom International (TTI), taking effect on June 1, according...

Pharma

Rockwell Automation opens offices in Hungary, Romania

Rockwell Automation, one of the largest automation firms in the world, opened two new offices in Budapest and Bucharest (in...

Automotive

KSH: Hungary’s industrial output up 5.3% in April

Industrial production in Hungary increased by 5.3% in April, compared to the same month a year earlier, according to a...

Deals

Hungarian electricity works opens office in Russia

Hungarian state-owned electricity provider MVM yesterday opened an office in Moscow, to help it maintain closer ties with the Russian...

Retail

C&W leases store to Cadenzza in Budapest

Cushman & Wakefield, acting on behalf of the owner and developer Immobilia Plc., is handling the transaction of the new...

Deals

Anastacia to perform in Budapest

American pop-singer Anastacia will be performing at Budapestʼs Papp László Sportarena on June 22, visiting the capital for the third...

Automotive

Suzuki sales revenue climbs 28% last year

The Hungarian unit of Japanʼs Suzuki had €1.97 bln in sales revenue last year, up 28% compared to 2014, operative...

Deals

MNB: Insurance companies required solvency ratio above 200%

Based on preliminary data, the solvency ratio for insurance companies on a sectoral level has reached 209% of the requirement,...

Deals

Vodafone Hungary enters market of corporate fixed-line data services

The Hungarian subsidiary of global telco giant Vodafone has launched new Fixed Connectivity services, as an entrance into the corporate...

Retail

GKI: Sales at largest online retailers climb 84% in 2015

Sales at Hungaryʼs ten largest online retailers rose 84% reaching HUF 92 billion last year, data compiled by GKI Digital...

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...