Industry

Deals

Refugees demonstrate, saying they fear imprisonment

Fearing they would be imprisoned and would not be allowed to leave Hungary, 150 refugees demonstrated with banners near Hungary’s...

Deals

TVK changes name to MOL Petrolkémia

Hungarian petrochemicals company Tiszai Vegyi Kombinát (TVK), 100% owned by Hungarian oil and gas company MOL, has changed its name...

Automotive

Hungary’s economic acceleration indicator slows

The Acceleration Indicator (GYIA), a measure of economic and financial indicators compiled by Hungarian economy daily Világgazdaság, showed a year-on-year rise...

Deals

CBRE: High vacancy rates could persist in Budapest

High vacancy rates are expected to persist in Budapest, as well as Amsterdam, Dublin, Madrid, Prague and Warsaw, global real...

Deals

One injured in blast at Richter plant in Budapest

An explosion this morning at Gedeon Richter’s Hungarian plant in the Kőbánya area of Budapest left one person seriously injured...

Pharma

Apollo Tyres closes €300 mln financing for Hungary plant

India-based Apollo Tyres closed a €300 mln financing deal for a plant it is currently building in Hungary, local news...

Deals

Talks with EC on MARK pricing method to wind up soon

Talks with the European Commission on the pricing method to be used by the Hungarian Reorganisation and Receivables Management Company...

Deals

Invitel receives ISO/IEC 20000-1:2011 certificate

Hungarian telco Invitel has been awarded the ISO/IEC 20000-1:2011 certificate, which is valid for a three-year period and relevant to...

Retail

Morgan Stanley distributes 817 refurbished computers in Hungary

The Budapest office of Morgan Stanley refurbished and donated 817 computers to Hungarian educational institutions, children’s hospitals and aid organizations...

Deals

Report: Retailers spend less on advertising

Retailers in Hungary spent just 4% more on advertising in year-on-year terms in the first half of the year, slowing...

Pharma

Isoplus wins €1 mln tender in Bosnia-Herzegovina

Hungarian and German-owned Isoplus won a two-year contract worth €1 mln to supply pipes for the heating network of the...

Deals

Forint gains more versus euro

 The forint was trading at 308.66 to the euro late Tuesday on the interbank forex market, up from final quotes...

Pharma

Report: Audi logistics center could be completed by fall

Construction works on Audi’s second logistics center at its Hungarian subsidiary in Győr are expected to be wound up this...

Deals

Central bank levies HUF 1 bln in fines by mid-August

The National Bank of Hungary (MNB) levied approximately HUF 1 bln in fines by mid-August of this year, chiefly penalizing...

Deals

Bloomberg: Two top officials may leave ÁKK

Two top officials working at Hungary’s Government Debt Management Agency (ÁKK), Deputy Chief Executive Officers László Buzás and László András...

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...