Industry

Pharma

Richter fires commercial director, falls on bourse

Hungarian drugmaker Gedeon Richter announced this morning it had terminated the employment status of its commercial director, Endre Pokomandi, effective...

Deals

GVH: No acquisition request received from Fonyó for TV2

Hungaryʼs Competition Office (GVH) has not yet received a request from a group of companies owned by Károly Fonyó to...

Deals

Dutcham hosts leadership conference on November 5

The Netherlands-Hungarian Chamber of Commerce (Dutcham) is organizing a Leadership Seminar on November 5, featuring keynote speaker Dr. Kilian Wawoe who...

Retail

Földi: Merkel as a woman is ‘unfit for war’

Concerning the “immigration issue” it must be noted that “Europe is at war,” and Germany’s Chancellor Angela Merkel should resign...

Automotive

Audi Hungaria to produce greener engines with HUF 32 bln investment

The Hungarian unit of German car manufacturer Audi is planning to undertake a HUF 32 bln development at its plant...

Deals

Dederick, Simon claim they still own TV2

Saying they have not yet surrendered ownership of TV2, Yvonne Dederick and Zsolt Simon asserted yesterday that their deal to...

Retail

BBJ biweekly: Telecoms, ‘Google tax’ and prices

Could Hungary slap a “Google tax” on foreign companies  that make money off of the digital economy here? What big...

Deals

Switching sides? Ex-chief of RTL would lead govʼt-friendly TV2

Dirk Gerkens, who oversaw news coverage that was critical of the government as CEO of Hungarian TV channel RTL Klub,...

Deals

Report: Erste to buy Hungarian retail business of Citibank

Erste Bank is planning to buy the Hungarian retail business of Citibank, while Citibank will continue to focus on corporate...

Pharma

TGM facilities reach record visitor numbers

Cultural and entertainment facilities in Hungary managed by TriGranit Management Corporation (TGM) reached record visitor numbers in 2014, the company...

Deals

ConvergenCE acquires office buildings in central Budapest for Europa Capital

ConvergenCE Hungary has completed the acquisition of a portfolio of office buildings in Budapest, on behalf of Europa Capital and...

Pharma

GE to continue expansion of Budapest service center

GE is planning to raise headcount at its Budapest-based global service center from the current 1,200 to 2,000 as of...

Deals

Budapest office market expected to rise

Rents on the Budapest office market are expected to rise, with the continued recovery being driven by sound economic, demand...

Deals

Report: Rental prices in university cities grow

Rental prices in Budapest and other university cities – such as Pécs, Debrecen and Szeged – have increased by 4-33%,...

Deals

Report: TV2 announces sale to Vajna

Media Group Holdings Kft., the current owner of Hungarian commercial channel TV2, and Magyar Broadcasting Co. Kft., owned by Andrew...

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...