Industry

Retail

Spar Hungary receives award

One of the outlets of food retailer Spar Hungary was awarded the title “Store of the Year 2016” in the...

Deals

Chinese green transport company opens office in Budapest

The European representative office of CRRC Industrial Investment Co. Ltd. opened today in Budapest, Hungary, Wang Gongcheng, the chairman of...

Deals

INA chairman puts question of company strategy to government

Croatia must decide whether it wants oil and gas company INA to operate based on market principles or be a...

Deals

Trade in shares of four companies suspended

The National Bank of Hungary (MNB) ordered the suspension of trade in shares of four Hungarian companies on charges of...

Deals

Ikarus to merge into Mabi-Bus

Hungary-based bus manufacturer Ikarus Egyedi Autóbusz Gyártó will merge into now Hungarian-owned peer Mabi-Bus, Hungarian daily Világgazdaság reported today....

Deals

Hungarian Ivanka eyes American market

Hungarian concrete design company Ivanka showed its latest products at exhibitions in Milan and Chicago in April, according to a...

Deals

GVH approves takeover of dairy companies, fines for acting too soon

The Hungarian Competition Authority (GVH) today approved the acquisition of sole, direct control by Dr. Riad Naboulsi of dairy companies...

Retail

KSH: Hungary’s e-commerce revenue reaches HUF 229.2 bln in 2015

Revenue generated by e-commerce sales and package delivery services in Hungary reached 229.2 bln in 2015, almost five times the...

Transport

Hungarian fighter jets intercept British Airways flight

After failing to contact air traffic controllers on the ground when crossing into Hungarian airspace yesterday, a British Airways commercial...

Pharma

Daimler launches expansion of Hungarian base through HUF 185 bln investment

The Hungarian unit of German car manufacturer Daimler is investing HUF 185 billion at its base in Kecskemét, expanding it...

Deals

Lázár: Hungarian government vows to expose details of Alstom payments

The Hungarian government is expected to publish all of the information in the coming days related to payments made by...

Pharma

Suzuki, Flaar sign strategic cooperation agreement

The Hungarian unit of Japanese Suzuki and Hungarian boat manufacturer Flaar today signed a strategic cooperation agreement, under which Suzuki...

Pharma

U.S. Flowserve eyes HUF 4.3 bln investment in Hungary

American industrial machinery manufacturer Flowserve Corporation is planning to establish a financial services center in Debrecen, through an investment of...

Transport

Wizz Air announces two new routes

Hungarian low-fare airline Wizz Air is launching two new routes from Budapest’s Liszt Ferenc International Airport, to the islands of...

Transport

First easyJet flight from Lyon lands in Budapest

EasyJetʼs first flight arriving from Lyon landed at Budapestʼs Liszt Ferenc International Airport today, according to a press release issued...

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...