Industry

Deals

MOL aims to return to Austrian retail market

Hungarian oil and gas company MOL is looking to return to the retail market in Austria after pulling out last...

Pharma

Hungarian drugmakersʼ association welcomes new chairman

The Hungarian National Association of Drugmakers (Magyosz) elected István Hodász, the CEO of pharma company Egis, as its chairman at...

Automotive

Hungarian government could add 50,000 electric cars to road networks by 2020

The Hungarian government is targeting an increase of the number of environmentally-friendly vehicles on the country’s roads to 50,000 by...

Pharma

Hungarian government, BT sign cooperation agreement

The Hungarian government and BT, the U.K.-based multinational telecom, signed a “strategic cooperation partnership” today, to further strengthen the cooperation...

Automotive

Wabererʼs Q1 revenue rises, EBITDA drops

Hungarian road haulage company Wabererʼs had first-quarter revenue of €136.7 million, up 3.6% from the same period a year earlier,...

Automotive

KSH: Industrial production dips as auto production slows

Hungary’s industrial production dropped 4.6% in March as compared to the same month a year earlier, chiefly due to a...

Pharma

Polish footwear giant expands store at Budapest’s Pólus Centre

CCC shoe retailer has expanded its store at the Pólus Center and now occupies 930 sqm of retail space, real...

Automotive

Hungarian sales lift AAA Autoʼs performance in Jan-Apr

Sales at AAA Auto were up 13.2% in the period of January-April as compared to the same period a year...

Deals

MBI enters Hungarian market

International franchisor MBI launched its first international franchise system in the Hungarian financial industry, simultaneous to Slovakia, Czech Republic and...

Deals

Voluntary pension fund assets grow 5% in Q1

Members of the Hungarian voluntary pension fund association OPOSZ had assets of HUF 1.093 trillion at the end of the...

Deals

Budapest Dock operator revenue climbs 17%

Revenue of logistics company BSZL, which operates the “Budapest Dock” port of Csepel, in the south of the capital, rose...

Deals

Fewer back taxes owed by Hungarians

The amount of back taxes private Hungarian individuals and businesses in the country owed the government at the end of...

Deals

Allergan, Richter announce positive results for ulipristal acetate trial

Irish drugmaker Allergan Plc. and Hungaryʼs Gedeon Richter today announced the positive results from a phase III clinical trial to...

Deals

Solar Capital Markets fined HUF 17 mln

The National Bank of Hungary (MNB) fined investment service provider Solar Capital Markets HUF 17 million on charges of violating...

Automotive

KSH: Industrial production down 4.6% in March

The volume of industrial output fell 4.6% in March in a year-on-year comparison, aided in part by last year’s high...

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...