Industry

Deals

Brusselsʼ objections could result in changes to bank levy rules

Regulations governing the bank levy will probably have to be modified due to objections by the European Commission to two...

Deals

KSH: Hungary’s industrial production up 7.8% in September

Hungary’s industrial production saw a year-on-year rise of 7.8% in September, with the index adjusted for working days being equivalent...

Retail

Government to introduce low-cost basic internet

The Hungarian government could introduce a low-cost basic internet service, reduce the internet VAT rate to 18% and establish free...

Pharma

Szijjártó: Continental creates 681 new jobs in Hungary

In the framework of its newest investment of HUF 5.1 bln, Continental Hungary will create 681 new jobs in Hungary,...

Deals

CBRE: Hungary sees higher rents and declining yields in Q3

Similar to trends around the globe and especially in Europe, Hungaryʼs commercial real estate markets saw further yield contraction in...

Automotive

MOL inaugurates HUF 35 bln butadiene plant, lays cornerstone of synthetic rubber plant

Hungarian oil and gas company MOL inaugurated a HUF 35 bln butadiene plant in Tiszaújváros, eastern Hungary, today, state news...

Transport

Some Budapest flights canceled due to Lufthansa strike

Four flights scheduled for today on German airline Lufthansa between Budapest and Frankfurt have been cancelled, in addition to several...

Retail

MÁV anticipates HUF 700 mln in extra costs for ‘migrant crisis’

Hungarian state-owned railway company MÁV has so far booked additional costs amounting to HUF 700 mln due to the "migrant...

Automotive

Ford sales in Hungary up 15.8% in M1-M10

Sales of Ford vehicles in Hungary saw a year on year rise of 15% in the first ten months of...

Automotive

KSH: Industrial production up 7.8% in September

Hungary’s industrial output saw a year-on-year rise of 7.8% in September, with the adjusted index for working days being equal...

Retail

Minimum sales staff legislation to affect FMCGs only

Legislation being drafted by the Hungarian government that could establish a minimum staff requirement for stores over 400 sqm would...

Retail

Gov’t readies bill on minimum sales staff requirement for retailers

The Hungarian government is expected to put forward legislation in the next two weeks that would set a minimum staff...

Pharma

Kerox opens HUF 4.45 bln factory in central Hungary

Hungarian-owned Kerox Kft, which manufactures cartridges for mono mixer taps inaugurated its 22,000 sqm factory in Soskut, central Hungary, Hungarian...

Deals

MNB bars 5Gulden companies from unlicensed activity

The National Bank of Hungary (MNB) today said it barred two companies, both called 5Gulden Corporation, from any activity requiring...

Automotive

Vacant office space continues to decline in Central Europe

As a result of companies leasing more new spaces in the first half of this year than new developments being...

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...