Industry

Deals

Report: Hungarian economy shows slow growth

The Acceleration Indicator (GYIA), which is a measure of economic and financial indicators compiled by Hungarian economic daily Világgazdaság, decreased...

Deals

MNB orders DRB Bank members to halt operations for a day

The Hungarian central bank ordered the four regional members of the DRB Bank Group to halt operations for a day...

Deals

Szentkirályi revenue grows to HUF 9.6 bln

Hungarian mineral water producer Szentkirályi saw its revenue rising almost by 10% to HUF 9.6 bln last year, while domestic...

Retail

Praktiker extends opening hours on Saturdays

D.I.Y. chain Praktiker has extended opening hours on Saturdays in order to compensate for the anticipated traffic loss due to...

Deals

INA to resume operations at Sisak refinery in April

Croatia's oil and gas company INA is expected to resume refining operations at its plant in Sisak from April, Croatian...

Deals

Spending on TV food ads climbs 36%

Spending on television advertisements for food products in Hungary saw a rise of 36%, reaching HUF 130 bln last year,...

Pharma

Apollo Tyres Hungary starts recruiting

Apollo Tyres of India announced yesterday the first recruitment drive for its soon to be built greenfield unit at Gyöngyöshalász...

Transport

Trading in Wizz Air shares begins on London Stock Exchange

Trading of Hungarian low-cost airline Wizz Air’s shares began on the London Stock Exchange today at a price of £12...

Deals

MNB seizes Buda-Cash brokers, charging fraud

The Hungarian National Bank (MNB) said today it has taken over the management of Buda-Cash brokerage, and put restrictions on...

Deals

Reuters: Sberbank plans to sell Hungarian units

Russian Sberbank is reportedly preparing to sell its Slovakian and Hungarian branches, international news agency Reuters said yesterday, citing Czech...

Pharma

Autoliv to expand Hungarian base with HUF 11 bln investment

Stockholm-based automotive safety company Autoliv will spend HUF 11 bln on an expansion at its base in Sopronkövesd in western...

Deals

Uber: We are in favor of market regulations

In spite of its growing popularity, mobile app based transportation network Uber, launched in Hungary last fall, has managed to...

Transport

Wizz Air to open base in Kosice

Hungarian low-cost airlines Wizz Air is scheduled to open a base in Kosice, Slovakia, on June 5, three months ahead...

Deals

BSE relocates to Szabadsag tér

The Budapest Stock Exchange (BSE) has moved to the Bank Center building on Szabadság tér from its previous location on...

Retail

Tax authority seizes 27 tons of loose tobacco

Hungarian tax and customs authority NAV seized 27 tons of loose tobacco last year, up from the previous year’s 6.7...

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...