Industry

Retail

Tesco to extend opening hours in Hungary

Approximately 33 units of Tesco in Hungary will extend their opening hours from the current 6:00 AM to 5:00 AM,...

Deals

Forint slips to EUR, CHF, firms to USD

The forint traded at 313.907 to the euro at 5.25.pm on Mondayʼs interbank forex market, softening from 312.534 late on...

Deals

Mondelēz brings OREO cookies to Hungary

Mondelēz International, Inc. is introducing OREO, the most popular sandwich cookie in the world, to Hungary from June, Mondelēz Hungary...

Deals

MOL unit MET, Croatiaʼs PPD could buy Petrokemija

Hungarian gas supplier MET Magyarország and Croatian gas distributor Prvo Plinarsko Drustvo (PPD) are set to make an offer for...

Pharma

IT Services Hungary to add 400 jobs

Service center operator IT Services Hungary, a member of T-Systems and owned by Deutsche Telekom, expects to make at least...

Deals

EY Hungary elects new management

The management of EY Hungary is being renewed as of July 1, with Botond Rencz becoming the CEO and István...

Automotive

KSH: Hungaryʼs industrial output climbs 6.3% in April

Hungaryʼs industrial output saw a year-on-year increase of 6.3% in April, decelerated from 11.6% in the previous month, the Central...

Deals

Forint strengthens on interbank market

The forint traded at 311.27 to the euro on the interbank forex market around 5:45pm on Thursday, strengthening from 312.24...

Deals

GVH fines ETER-1 on charges deleting documents during raid

Hungaryʼs Competition Office (GVH)fined engineering company ETER-1 on charges of deleting digital documentation during a raid, Hungarian news agency MTI...

Transport

Wizz Air’s passenger numbers up 20%

Passenger numbers of Hungarian low-cost airline Wizz Air grew by a year-on-year 20% in May, reaching 1,612,955, while capacity was...

Deals

Budapest third most popular destination for foreign visitors in region

Budapest is the third most attractive city in the region for foreign visitors, following Vienna and Prague, according to an...

Deals

MASPED elects management board

MASPED Első Magyar Általános Szállítmányozási Zrt., one of the leading logistics firms in Hungary, appointed a management board of seven...

Retail

ACE Telecom launches new WiFi branch

ACE Telecom, a Hungarian-owned telecommunication and IT provider, launched its new WiFi network operation branch, dubbed WifiZone, the company announced...

Deals

Bosch Hungary posts 15% revenue increase in 2014

The Hungarian units of German engineering and electronics company Bosch saw a revenue of HUF 825 bln in 2014, increasing...

Pharma

KSH: Hungary’s retail sales up 4.4% in April

Retail sales in Hungary saw a year-on-year rise of 4.4% in April, following a rise of 6.5% in March, preliminary...

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...