Industry

Transport

CJEU Dismisses Wizz Air Challenge of Romanian Competitor

The Court of Justice of the European Union (CJEU) yesterday dismissed a challenge by Hungary's Wizz Air to European Commission...

Retail

Hungary’s Retail Sector Delivers Mixed Performance in September

Hungary’s retail sales rose by 1.7% in September compared to the same period last year, despite a monthly decrease of...

Automotive

Hungarian Battery Week Brings Together Experts, Industry Leaders in Budapest

The Hungarian Battery Week got underway in Budapest, drawing together officials, industry leaders, manufacturers and experts from 20 countries, representing...

Deals

Corvinus Signs Cooperation Deal With Consulting Firm Stratis

Corvinus University entered into a three-year strategic partnership agreement with consulting firm Stratis, the university told the Budapest Business Journal....

Automotive

AutoWallis Group Opens 1st Renault and Dacia Dealership in Budapest

The AutoWallis Group has opened its first Renault and Dacia dealership in the Hungarian capital. The showroom and service center...

Automotive

Car Buyers to Lose Most From Punitive Tariffs on Chinese EVs – HIPA

Car buyers "stand to lose the most" as a result of the European Union's punitive tariffs on Chinese electric vehicles,...

Manufacturing

Hungary’s Industrial Producer Prices Rise y.o.y. in September

Hungary’s industrial producer prices rose 0.9% in September 2024 compared to a year earlier, though prices saw a month-to-month decrease...

Manufacturing

Magnus Aircraft to Open Showroom in Wuxi

Hungary's Magnus Aircraft is to open a showroom in Wuxi, near Shanghai in eastern China, on November 11, the company...

Automotive

EVE Power Battery Plant IPPC Permit Submitted

China's EVE Power has submitted the application for an Integrated Pollution Prevention and Control (IPPC) permit for a battery plant...

Automotive

Top Automotive Executives: Frank Iepema

Frank Iepema, managing director of Hydro Extrusion Hungary, is among the executives featured in The Top Automotive Executives in Hungary...

Automotive

Top Automotive Executives: Andreas Nübler

Andreas Nübler, managing director of Phoenix Mecano Kecskemét Kft., is among the featured executives in The Most Influential Automotive Executives...

Automotive

Top Automotive Executives: Tibor Szigeti

Tibor Szigeti is among the key figures featured in The Most Influential Automotive Executives in Hungary publication. His role in...

Deals

Hungary, Sweden Agree on Gripen Joint Development

An agreement has been reached with the Swedish defense minister on the joint development of the Gripen fighter jet, Minister...

Automotive

Siemens Powering the Future of Automotive Manufacturing

As the global automotive industry evolves with advancements in electric vehicles (EVs), connected cars, and smart manufacturing. In this article,...

Manufacturing

When Iron Structures Become Smart

Probably no living person has seen scaffolding without thinking: “That looks dangerous.” And yet, the essential structure has remained the...

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...

Pharma

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

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...

Older Small Cars Rise in Price as Hungary’s Budget Used-Car Supply Shrinks

Suzuki Swift asking prices rose 25.8% year-on-year in September as the share of used cars below HUF 2.5 mln shrank,...

Lake Balaton Cycling Upgrades to Add Wider Paths and New Bridges

Nearly 20 km of the Lake Balaton cycling circuit will be renovated under two programs financed through EU and domestic...

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

FDA Accepts Richter’s Fylrevy Menopause Therapy Application for Review

The U.S. Food and Drug Administration (FDA) has accepted Gedeon Richter’s new drug application for Fylrevy, the Hungarian pharmaceutical company...

Egis Opens Major Pharmaceutical Distribution Center in Fót

Egis has opened a distribution center in Fót with capacity for 30,000 pallets, expanding its finished-product logistics operations to support...

Spar Files New EU Complaint Over Hungary’s Retail Tax

Spar has filed another complaint with the European Commission over Hungary’s retail sector tax, arguing that amendments offer relief only...

Continest and Sweden’s Flexotrap Join Forces on Modular Shooting Ranges

As defense spending grows in importance across Europe following Russia’s full-scale invasion of Ukraine, local firm Continest Technologies Plc. and...

Hungary Retail Sales Rise 2.4% in August

Hungary’s retail sales volume increased 2.4% year on year in August but fell 0.7% from July, according to data from...

Hungarian EV Market Continues to Grow, Leading CEE

Electromobility in Hungary continues to grow. In the first half of the year, 7,497 new all-electric passenger cars were registered,...

GTA VI Preview Sends Hungarian Console Interest Surging

Clicks from Hungarian price comparison site Árukereső to online console retailers rose roughly sevenfold the day after the Aug. 27...