Industry

Deals

Report: Activists take over OTP branch in FX loan protest

An activist group referred to as “I won’t give up my home” gathered supporters on Facebook prior to taking over...

Pharma

Construction of congress center could start in 2017

Construction of a new congress center in the capital to accommodate 4,000 visitors could begin in 2017, deputy state secretary...

Pharma

State aids Bosch with HUF 19 bln plant expansion

German-owned automotive industry supplier Bosch group will spend HUF 19 billion on expansion at its Hungarian plant in Hatvan, eastern...

Transport

Report: Hungary eyes new national carrier, supported by Russian Sukhoi

Hungary’s National Development Ministry (NFM) has been in negotiations with Russian aircraft manufacturer Sukhoi to launch a new national carrier...

Deals

General government reaches HUF 92.2 bln surplus in January

Hungaryʼs cashflow-based general government balance, excluding local councils, was HUF 92.2 billion in the black in January, thanks to higher...

Pharma

Richter expects 5% decline in revenue

Hungarian drugmaker Gedeon Richter foresees a 5% drop in its revenue this year, calculated in euros, CEO Erik Bogsch said...

Automotive

KSH: Hungary’s industrial production up 9.4%

Hungary’s industrial production was up by 9.4% in year-on-year terms in December, while the index adjusted for working days grew...

Deals

MNB allows investors to double-check account balances

Clients of investment companies doing business in Hungary are now able to check their securities and equities account statements against...

Retail

UPC Hungary receives Experience Leaders Award

UPC Hungary has been awarded the Experience Leaders Award 2015, from Develor for the third time, based on a survey...

Deals

Hungarian farming chamber plans to launch new website

Hungaryʼs National Agriculture Chamber announced that it would launch a new, customer-friendly website in the coming weeks, Hungarian news agency...

Deals

MOL to focus on assets not acquisitions in light of oil slump

Hungarian oil and gas company MOL Nyrt. will reduce investments abroad and instead focus on assets closer to home in...

Deals

E2 Hungary: may the energy be with you

Being among the top 3 integrated gas and electricity traders and striving for a leading role in customer satisfaction: these...

Deals

Immofinanz finalizes portfolio sale to Blackstone

Immofinanz successfully finalized the sale of its logistics portfolio to Blackstone, which is integrating all its assets into its European...

Automotive

MGE: New car registrations grow 14% in January

New car registrations in Hungary rose 14.1% in year-on-year terms in January, reaching 5,567, the Hungarian Vehicle Importers Association (MGE)...

Deals

Hungarian Competition Authority fines MasterCard HUF 88 mln

The Hungarian Competition Authority (GVH) fined MasterCard Europe SA HUF 88 million on charges of abusing its market position, Hungarian...

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...