Industry

Automotive

Hungary lifts weekend lorry ban due to heat wave

Hungary will lift a ban on lorries this weekend because of a heat wave that could pose a risk to...

Automotive

Report: Car dealership industry on a slow rise

The car manufacturing industry is becoming stronger in Hungary, while car dealer businesses are becoming less successful, business, marketing and credit...

Deals

MetLife Biztositó fined for oversight violations

The National Bank of Hungary (MNB) fined insurer MetLife Biztositó a combined HUF 25 mln after it was found guilty of violations,...

Deals

Lázár suggests 50% wage raise for low-income public sector workers

Cabinet chief János Lázár yesterday proposed raising the salaries of the lowest earners in the public sector by 50%. ...

Deals

Romanian top court reduces cartel fine for local unit of MOL

Romaniaʼs supreme court has reduced a fine on the local unit of Hungarian oil and gas company MOL for its...

Automotive

Report: New car sales in Hungary climb almost 18% in June

The number of new passenger car registrations in Hungary saw a year-on-year growth of 17.5% to 7,348 in June, the...

Retail

FlexiTon passes significant milestone of being on the market for 25 years

On the occasion of the 25th anniversary of IT Solution Provider FexiTon, the Budapest Business Journal conducted an exclusive interview...

Deals

Fitch: MOL affirmed at ‘BBB-’ with negative outlook

Fitch Ratings on Wednesday affirmed Hungarian oil and gas company MOLʼs long-term issuer default rating at ‘BBB-’ with a negative outlook. The negative outlook...

Deals

Felcsút’s mayor wins mineral water tender

Felcsút’s forint billionaire mayor Lőrinc Mészáros, a cohort of Prime Minister Viktor Orbán, made a lucrative move by entering the...

Deals

Report: Venture capital fund investments up 56% in Q1

Venture capital funds in Hungary invested a joint HUF 4.4 bln in Q1 this year; a figure that reveals a...

Retail

Tesco’s home delivery expands further

Following expansion to Szeged and Székesfehérvár, Tesco’s home delivery services, known as Tesco Online Shopping, became available in Csepel as...

Retail

Hervis opens new store in Budapest

Hervis, the Austrian sports and fashion company, opened its new, 800-sqm store, which now offers new brands, in MOM Park...

Deals

Invitel welcomes new corporate director

Invitel, Hungarian telecommunication service provider, assigns László Marton, former business developer at Invitel, to the position of director for large enterprises...

Deals

Microsoft Hungary welcomes new CEO

The Hungarian subsidiary of Microsoft appointed Gabriella Szentkuti as its CEO to take effect tomorrow, July 1, while István Papp...

Pharma

EU pledges €8 million to help Hungary with immigrants

The European Union has agreed to provide Hungary with €8 million in financial assistance to help the country manage the...

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...