Industry

Deals

INA dismisses speculation it would ship crude abroad for refining

INA, the Croatian unit of Hungarian oil and gas company MOL, Wednesday dismissed speculation in the press that it plans...

Deals

Local business people on the move

Whoʼs News is presenting Zsuzsa Krizbai-Orbán (Head of Marketing and Communications at Hays Hungary), Dániel Gera (Senior Lawyer at Schoenherr Hetényi...

Deals

Bourse fines BTel for failing to comply with disclosure rules

The Budapest Stock Exchange yesterday said it had fined Business Telecom (BTel) HUF 3 mln for failing to comply with...

Transport

SkyGreece to launch Budapest-Toronto flight

Athens-based SkyGreece airline is scheduled to launch direct flights between Budapest and Toronto this summer, becoming the second airline after...

Retail

Retailer Pepco to open stores in Hungary

Retailer Pepco is expected to open stores in Hungary as they are offering open positions in Budapest, Tatabánya, Veszprém, Siófok,...

Deals

MNB fines Tresor Market Corporation and agents HUF 325 mln

The National Bank of Hungary (MNB) fined Seyschelles-based Tresor Market Corporation and several companies acting as its agents for unlicensed...

Automotive

Suzuki to launch serial production of Vitaras in March

Japanese carmaker Suzuki is scheduled to launch the serial production of the new Vitara model in March at its Hungarian...

Automotive

KSH: CPI reaches negative 1.4% in January

Hungary's Consumer Prices Index dropped by a year-on-year 1.4% in January following a y.o.y. 0.9% fall in the previous month,...

Deals

Tax authority shuts down Europe’s largest illegal cigarette factory

Europe's largest illegal cigarette factory, located on the outskirts of Budapest, has been shut down and some 22 tons of...

Deals

Raiffeisen to close some branches in Hungary

Raiffeisen Bank International (RBI) will close some of its branches in Hungary and instead focus on its corporate and premium...

Retail

Spar could adopt CBA, Coop, Real franchise model

Spar’s first response to the increased grocery store supervisory fee – from HUF 900 mln to HUF 9 bln per...

Pharma

Huawei to invest HUF 10 bln on broadband network here

Chinese networking and telecommunications company Huawei will spend nearly HUF 10 bln to develop Hungary's broadband network, while plans are...

Deals

Board member becomes new owner of Századvég

Kristóf Szalay-Bobrovniczky acquired more than 50% of the voting interest in Századvég Gazdaságkutató, the research firm best known for advising...

Deals

Editors from Simicska’s media outlets resign

Citing “reasons of conscience” the leaders of Magyar Nemzet, MNO, HírTV and Lánchíd radio have all resigned effective immediately, Hungarian...

Deals

MOL announces suspension of crude oil exports from Shaikan field

Hungarian oil and gas company MOL said on Friday that exports of crude oil from the Shaikan field of Iraq's...

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...