Industry

Deals

Heads of Hungarian, Romanian stock exchanges discuss cooperation

The CEO of the Bucharest Stock Exchange Ludwik Sobolewski and Chairman of the Budapest Stock Exchange (BSE) Márton Nagy met...

Deals

Cost of loan for M3 metro estimated at HUF 74.5 bln

In order to complete the refurbishment of Budapest’s M3 metro line, the state will be required to take out a...

Deals

Report: EC fine in conflict over road tenders is about HUF 50 bln

The fine that the European Commission will levy against Hungary for the improper tendering of road work contracts is apparently...

Deals

IMF lowers Hungary 2016 GDP growth forecast to 2.3%

The International Monetary Fund (IMF) yesterday lowered its projection for economic growth in Hungary this year to 2.3%, down from...

Retail

Aldi opens another store in Budapest

The Hungarian subsidiary of German retail giant Aldi is opening its 108th store in Budapest tomorrow, according to a press...

Retail

For Vodafone, success is a matter of perception

As of April 1, Vodafone scrapped roaming charges for the entire spectrum of its packages. Meanwhile, the size of the...

Deals

Hungarian creator of sign language software receives VC

Budapest-based startup SignAll Inc. has received €1.5 million from an international association of venture capitalists to help launch its software...

Transport

Lufthansaʼs first flight arrives in Debrecen, BP pax up 12%

German airline Lufthansa’s first flight on the Munich-Debrecen route touched down in Debrecen this morning, a milestone for the airline,...

Deals

EC approves MOL acquisition of ENI units in Hungary, Slovenia

The European Commission said today that it has cleared the acquisition of ENI Hungaria and ENI Slovenija by Hungarian oil...

Automotive

KSH: Hungary’s industrial production up 6.3% in February

The volume of industrial output in Hungary rose by 6.3% in February as compared to the same month a year...

Pharma

Mitsuba to double capacity at base in Hungary

Japanese automotive industry supplier Mitsuba is planning to invest €13.5 million at its base in Salgótarján, doubling capacity, Hungarian government...

Automotive

Rampini to open bus factory in Hungary

In the past few days, Stefano Rampini, Chief Executive of Rampini, – one of the largest bus producing factories in...

Automotive

TTIP could create up to 30,000 jobs in Hungary

The Transatlantic Trade and Investment Partnership (TTIP), a free trade agreement being negotiated between the United States and the European...

Pharma

Szijjártó: BorgWarnerʼs planned investment to create 600 jobs in Hungary

The Hungarian subsidiary of U.S.-based automotive supplier is expanding its Hungarian plant in Oroszlány, which is expected to create 600...

Deals

Mercedes-Benz Hungary welcomes new CEO

Jörg Schmidt was appointed CEO of Mercedes-Benz Hungária Kft. and EvoBus Hungária Kft., as of the beginning of the year,...

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...