Industry

Deals

Association: Retail sales to reach HUF 950 bln, lifted by holidays

Retail sales are expected to grow by 5-6% in December as compared to the same period a year earlier, amounting...

Deals

AdNovum sees HUF 1.8 bln revenue in 2015

The Hungarian unit of Switzerland-based IT company AdNovum saw HUF 1.8 billion in revenue in its recently concluded financial year,...

Automotive

MNKH opens office in Slovenia

The Hungarian National Trading House (MNKH), established by the Hungarian government to seek out new opportunities for domestic companies abroad,...

Retail

Culevit opens third shop in Hungary

Hungarian medicine developer and cancer research firm Culevit Kft. opened its third store in Hungary, where customers can not only...

Automotive

Otokoç car rental launches services in Hungary

The new Budget Hungary facility, and Otokoç Otomotivʼs first investment in Europe, was opened on Monday, according to a press...

Pharma

Michelin expands logistics base with €7 mln investment

French tire producer Michelin announced that it is expanding its logistics base in Vác, near Budapest, for €7 million, turning...

Automotive

KSH: Hungary’s industrial output up 10.1% in October

Hungary’s industrial production saw a year-on-year rise of 10.1%, with the index being adjusted for working days growing 12.7%, Hungary’s...

Pharma

EMA accepts Richter’s Neulasta pegfilgrastim

Hungarian drugmaker Gedeon Richter’s regulatory submission for its proposed biosimilar to Amgenʼs Neulasta (pegfilgrastim) has been accepted by the European...

Pharma

Bosch Hungary completes HUF 36 bln investment

The Hungarian unit of German engineering giant Bosch yesterday completed a HUF 36 billion capacity expansion at its steering systems...

Transport

Lufthansa to launch Debrecen–Munich flights from April

Germanyʼs Lufthansa airline is launching three flights weekly between Debrecen, eastern Hungary, and Munich as of April, on Mondays, Wednesdays...

Retail

Hungary’s tax authority fines St. Nicholas

A St. Nicholas impersonator was fined by Hungary’s Tax and Customs Authority (NAV) for failing to present a receipt after...

Retail

Lázár: Government consults market players on minimum staff legislation

The Hungarian government is carrying out consultations with business insiders on a plan to introduce minimum staff requirements at supermarkets...

Deals

CBRE expects luxury retail segment to pick up in Hungary

Hungary’s capital is expected to be affected by the continued worldwide sales of luxury goods, led by Chinese purchases, which...

Deals

Central bank gets greenlight to buy Budapest bourse

Hungary’s Competition Office announced today that it had approved the National Bank of Hungary’s (MNB) acquisition of a majority stake...

Retail

Minimum staff legislation could contain exemptions

Supermarkets running full-service meat or dairy counters are expected to be exempt from a minimum staff requirement the Hungarian government...

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...