Industry

Deals

Tax office probe: Uber drivers operate illegally

Hungary’s National Tax and Customs Authority (NAV) finished the scrutiny of Hungarian drivers working with the San Francisco-based ride-sharing service...

Retail

Budapest Airport offering retail space

Budapestʼs Liszt Ferenc Airport has room for six stores, with a total space of 600 sqm, in the airportʼs SkyCourt...

Automotive

Daimler Hungary base increases output by one-third

The Hungarian unit of German carmaker Daimler in Kecskemét, central Hungary, increased output by more than one-third to 150,000 cars...

Deals

Swedish Chamber of Commerce awards Hungarian-developed disinfectant

Hungarian-developed disinfectant Solumium, was awarded the Grand Prize by the Swedish Chamber of Commerce in Hungary in 2015, the chamber...

Retail

Retailer Coopʼs revenue up 1.8% in 2014

Hungarian-owned retailer Coop Hungary saw a revenue of HUF 560 bln last year, increasing by a year-on-year 1.8%, the company...

Transport

Wizz Air signs leasing contract with ALC

Hungary’s low-cost airline Wizz Air signed a leasing contract for an Airbus A320 with Air Lease Corporationnel (ALC), which is...

Automotive

Szijjártó conducts talks with Indian political, business leaders

Hungaryʼs Minister of Foreign Affairs and Trade Peter Szijjártó met with Indian political and business leaders in Mumbai yesterday. Economic...

Pharma

Hankook completes third phase of plant expansion

South Koreaʼs Hankook Tire Magyarország has completed the third phase of expansion at its plant in Rácalmás, south of Budapest,...

Transport

Emirates to raise capacity on Dubai-Budapest flight

Dubai-based Emirates airline is increasing capacity on its Dubai-Budapest flight as of December, the airlineʼs country director Gábor Horváth said...

Deals

Bill would authorize MNV to e-auction heirless objects

Hungarian lawmakers submitted a bill to Parliament yesterday, under which the Hungarian National Asset Management Company (MNV) would receive authorization...

Transport

Wizz Air to launch redesigned fleet

Hungarian low-cost airline Wizz Air today unveiled new designs for its planes during a press conference held at Budapest’s Liszt...

Pharma

Trilak revenue up 12% in 2014

Revenue of Hungarian paint manufacturer Trilak Festékgyártó, a subsidiary of PPG Industries, increased by 12% last year, reaching HUF 12.47...

Deals

Raiffeisen Bankʼs services restored

Raiffeisen’s ATM cash withdrawal, card payment and internet banking services were restored shortly before midnight yesterday, the company announced this...

Retail

Nielsen: Retail food sales grow 5%

Retail food sales rose 5% reaching HUF 490 bln during the period from last December to March of this year,...

Deals

Property market performs better with remnants of the crisis still present

The following article was written by Sándor Habóczky, Partner and Head of Real Estate at Schoenherr Hetényi Attorneys at Law,...

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...