Industry

Deals

PannErgy inaugurates geothermal energy project

Geothermal energy company PannErgy inaugurated a power supply center in Bóny, on the outskirts of Győr, northeastern Hungary, which was...

Retail

MasterCard launches campaign to fight hunger

MasterCard is launching its Priceless Causes campaign across 11 countries in Central Eastern Europe, including Hungary, to support the World...

Automotive

Hungarian highway vignette fines reached HUF 2.5 bln last year

Approximately 276,000 motorists paid about HUF 2.5 bln in fines last year for failing to purchase highway tickets that would...

Deals

Report: MNB’s purchase of BSE could cost HUF 13 bln

Following three months of negotiations, the National Bank of Hungary (MNB) performed a buyout on CEESEG AG and Österreichische Kontrollbank...

Deals

State secretary puts 2015 GDP growth ‘around 3%’

Hungaryʼs GDP could grow “at a rate of around 3%” this year, state secretary in charge of fiscal affairs Péter...

Transport

Wizz Air temporarily grounds flights to Hurghada

Hungaryʼs low cost airline Wizz Air is suspending flights between Budapest and Hurghada, Egypt, as of November 28 for an...

Transport

Wizz Air extends maintenance contract with Lufthansa Technik Group

Hungary’s low-cost airline Wizz Air has extended its maintenance contract with German Lufthansa Technik Maintenance International (LTMI) and Lufthansa Technik...

Automotive

Budapest hosts 9th Hungarian-Flemish Joint Committee meeting

Budapest hosted the ninth meeting of the Hungarian-Flemish Joint Committee yesterday, Hungary’s Ministry of Foreign Affairs and Trade said yesterday...

Deals

GfK: Hungary’s consumer electronics, home appliance sales up 3% in Q3

Sales of consumer electronics and home appliances in Hungary saw a year-on-year rise of 3%, reaching HUF 125.1 billion, in...

Deals

Népszava: Eximbank lends Vajna money for TV2

Hungarian state-owned Eximbank on Friday voted to lend money to Andrew G. Vajna, government commissioner for the film industry, so that he...

Deals

MNB suspends KÖBE mandatory car insurance sales

The National Bank of Hungary (MNB) on Friday said it had suspended the sale of mandatory car insurance policies by...

Deals

BUX down amid global gloom on GDP, OTP

The Budapest Stock Exchangeʼs main BUX index finished down 0.67% at 22,393.98 Friday after rising 0.16% Thursday. It is up...

Deals

Hernádi: MOL to diversify business in future

Oil provided an opportunity to establish a market presence, but growth opportunities centered around petrol and diesel trade are limited...

Retail

BBJ biweekly: When EU funds fade; ailing health care

What will happen to Hungaryʼs economy in 2017, when weʼve gone through most of the current EU support? How are...

Deals

Budapest transport company to lay off 111

Budapest transport company BKV is planning to lay off 111 of its employees as of the beginning of next year,...

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...