Industry

Retail

Three Hungarian companies show at CeBIT in Hanover

Three Hungarian companies traveled to Hanover to participate in technology fair CeBIT from March 14-18. The firms were chosen by...

Automotive

KSH: Hungary’s industrial production down 0.2% in January

Hungary’s industrial output volume was down by 0.2% in January as compared to the same month a year earlier according...

Pharma

Richter to expand biotech plant in Hungary

Hungarian drug maker Gedeon Richter is expanding its biotechnology plant in Debrecen through an investment of HUF 15 billion, with...

Retail

Hungary’s fifth Michelin star awarded to Costes Downtown

Hungarian restaurant Costes Downtown, located in the luxury Prestige Hotel in Budapest, has been awarded the fifth Michelin star in...

Deals

GYSEV purchases used carriages from OBB

Hungarian and Austrian state-owned regional railway company GYSEV purchased 26 used InterCity carriages from Austrian peer OBB, GYSEV said yesterday,...

Deals

Csányi fund continues to buy shares in OTP, MOL

A fund managed by Sandor Csányiʼs Singapore-based CSAM Asset Management bought shares in OTP Bank and oil and gas company...

Deals

Noerr advises Allianz Real Estate on €500 mln joint venture

International law firm Noerr’s Real Estate Investment Group advised Allianz Real Estate on establishing a 50:50 joint venture for a...

Deals

Upstream chief leaves MOL

Hungarian oil and gas company MOL on Monday said the head of its exploration and production business, Alexander Dodds, was...

Deals

CBRE: Consumer spending drives real estate developments in 2016

This year is expected to be a solid one for the real estate sector with the pace of growth in...

Deals

UPS Hungary welcomes new Country Manager

Jim Kearney was appointed country manager at UPS Hungary, however, his responsibilities will also include managing the Romanian and Greek...

Deals

Hungary to draw EUR 40 mln of EIB road development loan immediately

Hungary can now draw down €40 million of a €140 mln road development loan from the European Investment Bank (EIB),...

Deals

New HUF 3.2 bln swimming pool inaugurated in Budapest

Officials of the central government and Budapestʼs District XI inaugurated a HUF 3.2 billion, 50-meter indoor swimming pool next to...

Deals

EIB nearly doubles its support to Hungary with €1.42 billion in loans

The European Investment Bank (EIB) signed new loan agreements with Hungary amounting to €1.42 billion in 2015, the highest level...

Automotive

KSH: Industrial production down 0.2% in January

The volume of industrial output dropped 0.2% in January year-on-year with the volume of industrial production, adjusted for seasonally and...

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...