Industry

Retail

Cellum completes development of mobile payment apps

Hungarian IT company Cellum recently completed the development of a number of mobile payment systems through a project which cost...

Deals

New tolls temporarily block congestion charge

The following story is from the February 13-February 26 print edition of the Budapest Business Journal....

Deals

Xerox Magyarország welcomes new general manager

Marius Persinaru was appointed country general manager at Xerox Magyarország, the company announced yesterday....

Deals

Competition Office fines SPAR on charge of misleading consumers

Hungary's Competition Office (GVH) on Thursday said it fined supermarket company SPAR Magyarország Kereskedelmi HUF 43 mln for misleading advertising,...

Pharma

Richter, Evestra sign $ 5 mln loan agreement

Hungarian drugmaker Gedeon Richter and Texas-based biopharmaceutical company Evestra announced today that they have signed a collaboration agreement in which...

Pharma

Hungarian, British biotech company representatives meet in Budapest

Biotechnology industry insiders from Hungary and the UK participated at a conference organised by the British Embassy and the Hungarian...

Automotive

273,000 drivers switch mandatory vehicle insurance providers

Out of 2.2 million Hungarian motorists eligible to switch their providers of mandatory vehicle insurance, approximately 273,000 decided to change...

Automotive

MOL to raise motor fuel prices

Hungarian oil and gas company MOL is scheduled raise its wholesale vehicle gas and diesel prices both by HUF 4...

Deals

E&Y welcomes new communications director

Eszter Jákó (pictured) was appointed the new Marketing and Communications Director at E&Y in December, the company announced....

Deals

State-owned assets manager MNV has new CEO

Norbert Szivek has been appointed CEO of the national asset manager MNV, which is owned by the Hungarian state, effective...

Pharma

Cinemas to keep malls open

Shopping centers with cinema multiplexes are expected to remain open, despite legislation in force from March which would force most...

Pharma

GE to expand Budapest center

GE is scheduled to raise headcount at its service center in Budapest by about 1,000 as of this year. More...

Automotive

KSH: GDP growth accelerates to 3.4%

GDP in Hungary saw a year-on-year growth of 3.4% in Q4 last year, accelerating from 3.2% in the previous quarter,...

Deals

Hernádi: MOL performs well despite market conditions

MOL CEO Zsolt Hernádi said that Hungarian oil and gas company MOL is performing according to its growth plan, despite...

Automotive

KSH: Industry output growth slows in December

Output growth of Hungary's automotive industry, which is considered an engine of growth for the country’s entire industrial sector, slowed...

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...