Industry

Automotive

Zoltek, government sign agreement

Japanese firm Zoltek signed a strategic cooperation agreement with the Hungarian government today on plans to expand capacity and raise...

Pharma

Hungary, Kuwait agree on cooperation in water sector

Hungary and Kuwait have reached an agreement on cooperation in the water sector, precisely training Kuwaiti staff and tackling water...

Deals

MOL tender for TVK shares successful

Hungarian oil and gas company MOL said on Friday that its voluntary public tender offer for the ordinary registered shares...

Deals

KSH: Hungary’s GDP grows in Q4

Hungary's GDP saw a year-on-year 3.4% growth in Q4 last year, chiefly lifted by strong performances in the manufacturing, construction...

Automotive

KSH: Industrial output rises 7.7% in January

Output of the industrial sector in Hungary increased by a year-on-year 7.7% in January, accelerating from 4.7% in December, according...

Deals

MNB international reserves drop in February

International reserves of the Hungarian central bank were at €36.427 bln at the end of February, decreasing by €1.803 bln...

Pharma

MNB partially suspends license of Hungária Értékpapír investment house

The National Bank of Hungary (MNB) today said it had partially suspended the operating license of Hungária Értékpapír due to...

Deals

Fidesz MP proposes treasury accounts for local councils

Attila Gelencsér, an MP of ruling party Fidesz, proposed yesterday that local councils keep their accounts at the State Treasury...

Automotive

Raba to supply seat components for new Suzuki production line

Raba's component manufacturing unit will supply seat components for the new Suzuki Vitara under a contract valued at HUF 2...

Deals

State-owned rolling stock maker to partner with Stadler

Hungarian state-owned rolling stock company Dunakeszi Járműjavító and Stadler Trains, the local unit of Swiss peer Stadler Rail, have signed...

Pharma

Michelin plans €40 mln expansion in Hungary

French tire producer Michelin said today that it was planning to expand production at its Hungarian base in Nyíregyháza (northeastern...

Pharma

Harman plans HUF 3.5 bln expansion in Hungary

U.S.-based audio equipment producer Harman will expand its Hungarian unit in Pécs (southwestern Hungary) within the framework of a HUF...

Pharma

3M opens innovation center in Budapest

U.S.-based company 3M has opened an innovation center in Budapest, 3M Hungária said yesterday. The company added that the newly...

Deals

MNB revokes Buda-Cash license

The National Bank of Hungary revoked the license of brokerage Buda-Cash and initiated its liquidation, Hungarian news agency MTI reported...

Automotive

Car dealers foresee two-digit growth in sales

Importers to Hungary expect a 13% increase in sales of new cars and an 11% increase in sales of used...

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...