Industry

Transport

Air France KLM carries 1.5 mln passengers on Budapest flights in 2015

Air France KLM carried a total of 1.5 million passengers on Budapest flights over the last year, Kam Jandu, Chief...

Transport

Wizz Air eyes Budapest-Sofia route

Hungary’s low-cost airline Wizz Air is planning to launch a direct flight between Budapest and Sofia as of November 1,...

Retail

Media Markt Hungary revenue up 20%

German-owned electronics retailer Media Markt saw a 20% revenue rise in Hungary in 2015, to HUF 72 billion, Csongor Német,...

Deals

MNB fines bottled gas company KEG HUF 10 mln

The National Bank of Hungary (MNB) fined bottled gas company Közép-Európai Gázterminál Nyrt., a company listed on the Budapest Stock...

Transport

Varga: Seoul, Budapest route could benefit both countries

Launching a direct flight between Seoul and Budapest would play a key role in bolstering economic and tourism ties, Minister...

Retail

Police issue warrant for man who robbed a Citibank in Budapest

The Hungarian police issued a warrant for a man who robbed the Oktogon branch of CitiBank around 10 AM this...

Deals

MOL to ramp up production, maximize portfolio value

Hungaryʼs MOL plans to ramp up production and “maximize economic value” of its portfolio, the oil and gas company said...

Retail

Socialists organize demo for 6 pm, today

Some 350 people said on a facebook page that they would join a demonstration in front of the National Election...

Retail

Court of Justice: Hungarian voucher system incompatible with EU law

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Pharma

Hungary, INTOSAI ink agreement to fight corruption

The Hungarian government and the development initiative (IDI) of the International Organization of Supreme Audit Institutions (INTOSAI) signed a donor...

Deals

Hungary sees HUF 92.2 bln general government surplus in January

Hungaryʼs general government balance, excluding local councils, had a cashflow-based surplus of HUF 92.2 billion in January, the National Economy...

Pharma

GVH fines Global Partners System HUF 10 mln

The Hungarian Competition Authority (GVH) fined Global Partners System HUF 10 million on charges of misleading advertising and falsely attributing...

Transport

Wizz Air receives 2016 Value Airline of the Year by ATW

Hungarian low-fare airline Wizz Air has been named 2016 Value Airline of the Year by Air Transport World (ATW), presented...

Deals

Schneider Electric Hungary welcomes new sales director

Mihály Radev was appointed sales director of the IT branch of the Hungarian subsidiary of energy management and automatization firm...

Deals

Szentkirályi, Kékkúti close first year of joint operation with profit

Hungarian mineral water bottlers Kékkúti Ásványvíz and Szentkirályi Ásványvíz had revenue of HUF 15 billion in the first year after...

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...