Industry

Retail

Hungarians could spend less on travel if vouchers system replaced with cash

Hungarians are likely to spend much less on travel, if the country’s unified voucher system, which enables employers to offer...

Automotive

Business chamber urges Hungarian government to mandate it with company registration

The Hungarian Chamber of Commerce and Industry (MKIK) is proposing that the government mandate it, instead of the company court,...

Pharma

Béres Gyógyszergyár initiates HUF 3.2 bln expansion

Hungarian dietary supplement manufacturer Béres Gyógyszergyár laid the cornerstone of a HUF 3.2 billion expansion at its base in Szolnok,...

Pharma

Aluinvent winds up HUF 500 mln green investment

Hungary’s Aluinvent opened a HUF 500 million aluminum foam panel plant in Felsőzsolca, realized with a HUF 360 mln grant...

Deals

New members join investor company PA

Five investors have joined the founding members of angel investor firm Power Angels (PA), almost doubling its registered capital, which...

Transport

Hungarian government calls Balkan air route tenders

The Hungarian government is calling tenders for concessions to launch flights between Budapest and destinations in the Western Balkans, Hungarian...

Deals

Hungary’s government deficit reaches 16.5% of full-year target at end-March

Hungaryʼs cash flow government deficit, excluding local councils, reached HUF 125.8 billion at the end of March, or 16.5% of...

Deals

Survey: HUF 255,000 provides ‘modest living’ for family of four

A typical family of four in Hungary needed HUF 255,246 a month last year for a “decent, modest” living, research...

Automotive

Otto Fuchs to double production with HUF 12.8 bln investment

German automotive supplier Otto Fuchs will double production capacity at its plant in Tatabánya with a HUF 12.8 billion investment,...

Retail

Most Hungarian retailers to open on Sundays as of May 8

After the Hungarian government scrapped the Sunday closings law that prevented retailers from opening on Sundays, the majority of retailers...

Retail

Hungarian Tesco promises wage raise

The management of Hungarian Tesco and the associated workers’ unions are approaching an agreement on raising the wages of Tesco...

Retail

Telenor tries to transcend typical telcos

The second largest telecom in Hungary, with roughly one-third of the market, Telenor Hungary is a leader in many areas,...

Deals

Zsolnay buyer planning expand product palette

Bachar Najari, Syrian-born businessman with ties to Hungary and Switzerland, plans to expand the product palette of Zsolnay Porcelánmanufaktúra, a...

Deals

Immofinanz buys shares of CA Immo for €604 mln, plans greater CEE focus

Paving the way for a merger that would unite two big real estate players in Hungary and Central and Eastern...

Pharma

Schaeffler to invest HUF 25 bln in Hungary

The Hungarian subsidiary of German automotive manufacturer Schaeffler is planning to invest HUF 25 billion at its Hungarian plant in...

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...