Industry

Automotive

New car registrations up 12% in November

New car registrations rose 11.6% in Hungary, from a year earlier, to 6,590 in November, the Hungarian Vehicle Importers Association...

Transport

First Emirates Boeing 777 lands in Budapest

The first Boeing 777 of Dubai-based Emirates airline arrived at Hungary’s Liszt Ferenc International Airport today, to replace as of...

Deals

ENKSZ to acquire 50% of ELMŰ- ÉMÁSZ’s retail business by January 1

Hungaryʼs First National Utilities Company ENKSZ, is set to acquire 50% of ELMŰ- ÉMÁSZ Ügyfelszolgálati on January 1, 2016, Hungarian...

Deals

Forint firm on interbank market

The forint was trading at 311.04 to the euro late Monday on the interbank forex market, up from final quotes...

Deals

Bourse to have new board following MNB takeover

Days after the Hungarian National Bank (MNB) purchased the Budapest Stock Exchange (BSE) and put its deputy governor in charge,...

Pharma

Hungary‘s central bank to buy the ‘Whale’

The National Bank of Hungary (MNB) sent a letter of intent to the Budapest City Council to purchase the “Whale”,...

Deals

Politics cited as Metropol faces ejection from Metro

The free daily newspaper Metropol, which is handed out in Budapest Metro stations, could lose the contract allowing this distribution...

Deals

OrthoSera Dental awarded HUF 180 mln in venture capital

OrthoSera Dental, a company which manufactures dental implants, has received HUF 180 million from the Széchenyi Capital Investment Fund (SZTA),...

Transport

Budapest Airport expects 11% rise in passengers over holiday season

Budapest’s Liszt Ferenc International Airport hopes to welcome at least 233,000 passengers between December 20 and January 1, which constitutes...

Deals

MNB deputy governor to head bourse

National Bank of Hungary (MNB) deputy-governor Márton Nagy will become the new chairman of the Budapest Stock Exchange, the central...

Retail

Spar to open three stores at Lukoil gas stations

The Hungarian unit of Austrian retail chain Spar is opening stores at three Lukoil gas stations located in Budapest, Diósd...

Retail

Spar opens four more stores at OMV gas stations

With the opening of four new stores at OMV gas stations, Austrian retailer Spar currently has 45 units operating in...

Pharma

Novro winds up HUF 600 mln investment

Hungarian meat retail and wholesale trader Novro today inaugurated its HUF 600 million cold storage facility and logistic base in...

Deals

MOL to settle option for 5.2 mln treasury shares, signs new option for same number

Hungarian oil and gas company MOL said yesterday that it would settle, in cash, an option for 5,220,000 MOL shares...

Transport

Wizz Air launches first Airbus A321

Hungarian low-cost airline Wizz Air put its first Airbus A321 aircraft into service yesterday, with the intent to further reduce...

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...