Industry

Deals

Hungarian cheese maker supports Jordanian army

Hungarian cheese maker Kőröstej won a tender to support the Jordanian army, which has a headcount of approximately 100,000, with...

Retail

Christmas still sells

Although the country’s economy is in a slump and the outlook isn’t good, this didn’t discourage Hungarian shoppers from reaching deep...

Retail

BBJ biweekly: Tax tips, Expat CEO awards

How will changes in the Hungarian laws impact your tax bill? Why do firms pay for custom accounting software when...

Transport

KLM to increase Amsterdam-Budapest flights

Dutch airline KLM is scheduled to increase its daily Amsterdam-Budapest flights from three to four, Hungarian news agency MTI reported...

Pharma

MÁV-Start to launch carriage production this year

Hungarian state-owned railway company MÁV-Start Zrt. is scheduled this year to launch production of an InterCity carriage, which was developed...

Pharma

14 asylum seekers in pre-trial custody in Kecskemét

Fourteen men are being held in pre-trial custody in Kecskemét, southeast of Budapest, on charges of assaulting a police officer...

Transport

Moderate smog alert issued in Budapest

Budapest Mayor Istán Tarlós has issued a moderate smog alert due to high concentrations of dust in the air on...

Deals

KPMG Hungarian unitʼs net revenue up 6% in 2015

Consultancy firm KPMGʼs Hungarian unit had HUF 16.96 bln total net revenue in 2015 according to IFRS standards, up more...

Pharma

Richter buys out Chinese partner

Hungarian medicine manufacturer Gedeon Richter acquired Chinese Rxmidas Pharmaceuticals Holdings Ltd.’s 50% stake in Gedeon Richter Rxmidas Joint Venture Co....

Pharma

Szijjártó: Hungarian-Bulgarian joint economic committee to be established

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó and Prime Minister of Bulgaria Boyko Borissov agreed at a meeting...

Retail

Report: IBM could buy UStream for $130 mln

U.S.-based firm IBM is in talks with live video service provider UStream, founded in Hungary, to acquire its live video...

Automotive

Audi to produce Q3 model in Hungary

German car manufacturer Audi is planning to relocate production of its Q3 compact crossover SUV model to its Hungarian plant...

Deals

MOL replaces UniCredit share-option agreements with new deal

Hungarian oil and gas company MOL said that the option rights regarding 5,380,496 MOL Series “A” ordinary shares under the...

Pharma

GE could become involved in Paks nuclear plant expansion

General Electric (GE) is considering participating in the Paks nuclear power plant expansion as a supplier, GE vice chairman John...

Deals

Liquidator offers 1.9% of BSE shares formerly belonging to failed brokerages

A combined 1.9% stake in the Budapest Stock Exchange owned by three independent brokerages that went bust last year are...

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...