Industry

Pharma

Hungary’s industrial output climbs 5.8% in February

Hungaryʼs industrial output saw a year-on-year rise of 5.8% in February, according to both unadjusted and workday-adjusted data, the Central...

Pharma

Sherbiny Holdings opens European center in Hungary

Saudi Arabiaʼs Sherbiny Holdings yesterday wound up an engineering service center in Gödöllő, on the oustkirts of Budapest, in the...

Automotive

Hungary’s used car sales grow 8%

Sales of used cars in Hungary saw a year-on-year rise of 8% in the first quarter, sales director of Hungarian...

Automotive

Casco insurance sales stay steady at 21% in 2014

Despite both sales of new and used cars jumping by 10% and 20%, respectively, in Hungary last year, the number...

Deals

Beva to compensate Quaestor clients for unsanctioned bonds

Hungaryʼs Investor Protection Fund (Beva) on Friday said it will compensate clients of troubled brokerage Quaestor for unsanctioned bonds. The...

Pharma

Apollo Tyres lays cornerstone of HUF 146 bln factory

India-based Apollo Tyres today laid the cornerstone of a HUF 146 bln factory in Gyöngyöshalász, northern Hungary, which is the...

Deals

MKB to lay off almost 300 this year

Hungarian state-owned MKB Bank is planning to lay off approximately 300 employees this year, as a part of a reorganization...

Deals

M4 motorway project to be put on hold

The Hungarian government has decided that it will stop construction of the M4 motorway, cabinet chief János Lázár said at...

Deals

Government proposes lowering top ad tax rate to 5.3%

The Hungarian government is expected to propose reducing the top rate for the progressive advertising tax to 5.3%, from the...

Deals

Fidesz MP calls for equitable distribution of EU investment fund

Hungary wants the principle of equal opportunity to be enforced when the resources of the European Fund for Strategic Investments...

Retail

iBlue develops vehicle immobiliser

Hungarian-Swiss joint venture iBlue AG, has entered the market of smart devices with a €2 mln development of a vehicle...

Deals

MVM to become sole proprietor of Paks, Vértesi power plants

The state-owned Hungarian Electricity Works (MVM) will buy all shares in the Paks nuclear power plant and the Vértesi power...

Automotive

KSH: Hungary’s industrial output climbs 5.8% in February

Hungaryʼs industrial output saw an increase of 5.8% year-on-year in February, however, it decreased by a month-on-month 0.3%, the Central...

Deals

New road toll system sells 949,000 county vignettes

Since the introduction of the new road toll system in January, approximately 949,000 county motorway vignettes have been sold, while...

Deals

M4 probe to wind up at end of April

The Hungarian governmentʼs review of the construction of a section of the M4 motorway, to investigate the European Commissionʼs suspicion...

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...