Industry

Deals

MNB levies HUF 43.5 mln in supervisory fines in Q1

The National Bank of Hungary (MNB) levied a total of HUF 43.5 million in supervisory fines in the first quarter...

Deals

BDO Hungary welcomes new tax expert

Gergely Demetrovics joined BDO Hungary’s tax consulting branch as an accentuated expert, following the firmʼs decision to strengthen its tax...

Deals

KPMG Hungary staff exceeds 1,000

The number of staff employed by KMPG Hungary saw a 67% rise in the past five years, and currently exceeds...

Deals

Dr. Rose welcomes new director, announces investments

Dr. László Hangody orthopedic surgeon and professor was appointed the doctor-director of private hospital Dr. Rose in Budapest, the hospital...

Retail

Government to submit bill to scrap voucher system tomorrow

The Hungarian government will submit a bill to Parliament tomorrow that will convert part of the national voucher system into...

Deals

Varga: Government to set up fund for non-performing mortgages

Hungaryʼs government plans to set up a special housing fund in which banks can place some of their non-performing mortgages,...

Deals

GE Hungary revenue HUF 4.452 tln last year following Alstom merger

Revenue of the Hungarian unit of General Electric (GE) rose to HUF 4.452 trillion last year from HUF 1.606 tln...

Deals

ING Bank to sell Budapest bourse stake to Erste Bank

The Hungarian branch of ING Bank is planning to sell a 2.3% stake in the Budapest Stock Exchange to the...

Automotive

GSK inaugurates HUF 3 bln production unit in Hungary

The Hungarian unit of British drugmaker GlaxoSmithKline (GSK) inaugurated a HUF 3 billion production unit at its vaccine plant in...

Pharma

IMD lifts Hungary’s ranking by two spots

Hungary’s ranking among the world’s most competitive economies rose two rungs to 46th place, according to a press release issued...

Deals

Szijjártó discusses Budapest-Belgrade rail line upgrade with Chinese official

Minister of Foreign Affairs and Trade Péter Szijjártó met with deputy head of Chinaʼs National Development and Reform Commission Wang...

Deals

Hungarian physicists may have discovered fifth Force of Nature

The assumption that the universe is controlled by four fundamental forces of nature - gravity, electromagnetic force, and weak and...

Retail

Romanian footwear firm to launch online store for Hungarians

After opening stores in Romania, Il Passo footwear is planning to launch online store operations in Hungary and Bulgaria, investing...

Pharma

Goodman launches expansion near Budapest

Global real estate developer Goodman is expanding its Logistics Center in Gyál, in the agglomeration of Budapest, with an additional...

Deals

Zsolnay could face liquidation, minority owner ready to take over

Not long after Zsolnayʼs majority owner Bachar Najari aired concerns of a “hostile takeover”, Hungarian state-owned Development Bank (MFB) has...

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...