Industry

Automotive

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

The volume of Hungary’s industrial output was up 6.3% in February as compared to the same month a year earlier,...

Retail

Hungarian tax office blocks over 400 online gambling sites

Hungaryʼs National Tax and Customs Office (NAV) has so far blocked 410 unlicensed online betting sites, the office said, responding...

Pharma

Retail sales up 6.5% in February

The volume of retail sales in Hungary increased by 6.5% in February according to raw data and by 6.4% adjusted...

Deals

MVM welcomes new CEO

György Major, who earlier served as leader of the sales department at MVM Partner Zrt., was appointed the companyʼs chief...

Deals

Audi Hungaria Motors signs agreement with trade union

The management of the Hungarian plant of German car manufacturer Audi has signed an agreement with Audi Hungaria Independent Trade...

Deals

Audi Hungary to raise pay, strike canceled

The Hungarian subsidiary of German car manufacturer Audi was able to come to an agreement with Audi Hungaria Independent Trade...

Automotive

Ford sales up 6.7% in Q1 in Hungary

The Hungarian subsidiary of U.S.-based car company Ford sold a total of 3,144 personal vehicles in the first quarter, up...

Deals

BSE elects new board members

The Budapest Stock Exchange (BSE) elected two new members to its board during an extraordinary general meeting today, according to...

Transport

Air Canada Rouge to launch Budapest-Toronto flight

Air Canada Rouge is planning to launch a direct flight between Budapest and Toronto as of June, Budapest Airport, the...

Transport

Air Canada Rouge to launch direct Budapest-Toronto flights

Air Canada Rouge will launch a direct flight between Budapest and Toronto from June 10 next year, Liszt Ferenc International...

Automotive

GKI confirms GDP growth forecast at 2.3%, lowers inflation forecast to 0.8% in 2016

Economic research institute GKI has confirmed its earlier GDP growth forecast of 2.3% in 2016, lowering its inflation projection to...

Deals

MOL announces third hydrocarbon discovery in Karak Block, Pakistan

Hungarian oil and gas company MOL announced a new hydrocarbon discovery in the Karak Block, Pakistan on the Budapest Stock...

Pharma

Richter CEO confirms HUF 15 bln expansion plans

Gedeon Richter CEO Erik Bogsch confirmed yesterday that his drug manufacturing company will expand its Debrecen-based biotechology plant at a...

Pharma

Top investors in Hungary awarded by HIPA

The Hungarian Investment Promotion Agency (HIPA) has awarded outstanding investors in Hungary for their activities in 2015, during the “Investor...

Retail

Parliament modifies Erzsébet meal-voucher scheme

Parliament yesterday approved legislation submitted by the Human Resources Ministry to end the exclusive connection between the Hungarian National Foundation...

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...