Industry

Deals

Graphisoft closes successful first half of 2015

The global turnover of Hungarian founded, Budapest-based Graphisoft grew by nearly 20% as compared to the previous year, according to...

Deals

Waberer’s announces growth in H1 2015

Waberer’s International Zrt, today announced continuous growth in the first half of 2015 with a turnover in excess of €261...

Pharma

Bosch invests HUF 9.3 bln in plant expansion

Robert Bosch Energy and Body Systems is investing HUF 9.3 bln in a capacity expansion at its plant in Miskolc,...

Pharma

Camerawoman for far-right site recorded attacking refugees

Camera operator Petra László of the far-right online TV station N1TV was caught on video being physically aggressive with refugees yesterday,...

Pharma

Audi opens HUF 10 bln logistics base in Győr

German carmaker Audi has inaugurated its second logistics centre, in Győr, northwestern Hungary, completed on Tuesday through a HUF 10...

Deals

Competition Office clears Veolia takeover of BWI

Hungaryʼs Competition Office (GVH) said today that it had approved Veolia Vodaʼs takeover of waterworks company Berlinwasser International (BWI), Hungarian...

Automotive

Industrial output growth in Hungary slows to 3.4% in July

Hungaryʼs industrial output rose 3.4% year-on-year in July, according to a first reading of data published by the Central Statistical...

Deals

Individuals’ holding of government bonds reaches new height

Individualsʼ holding of government bonds grew by HUF 114 bln in August, Government Debt Management Agency (ÁKK) announced yesterday in...

Deals

Volan wins HUF 4 bln train replacement tender

A consortium led by state-owned bus company Volán has won a two-part contract worth HUF 4 bln to supply train...

Pharma

Richter announces $2 mln milestone payment of for licensed drug

Hungarian drugmaker Gedeon Richter on Monday announced European approvals and milestone payments totaling $2 mln for a drug for which...

Transport

Passenger numbers at Liszt Ferenc airport reach new record in August

Passenger numbers at Budapestʼs Liszt Ferenc International Airport reached 1,086,000 in the month of August, a new monthly record, Hungarian...

Retail

Nielsen: Retail food sales up 4% in Hungary

Retail foods sales were up 4% at over HUF 1.0 trillion between December 2014  and July of this year, market...

Deals

M1 near Austrian border reopens; new waves of refugees leave Keleti on foot

Hungarian police stationed at Hegyeshalom, northwestern Hungary, near the Austrian border have reportedly reopened the M1 motorway late this afternoon...

Deals

Hundreds flee as refugee standoff at Bicske continues

An estimated 300 refugees fled the train station at Bicske today, as others continued a standoff with police, Hungarian news...

Deals

Group of 300 refugees escape Bicske train station

An estimate 300 refugees have escaped the train station at Bicske, just northwest of Budapest, following a standoff with police...

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...