Industry

Automotive

KSH: Industrial output grows by 4.6% in December

Output of Hungary's industrial sector grew by a year-on-year 4.6% in December according to workday-adjusted figures, however, it slowed from...

Retail

EU projects boost Leier’s revenue

Revenue of the Hungarian unit of Austrian building materials maker Leier rose to HUF 20 bln last year from HUF...

Deals

Turnover of online daily deals reach HUF 16.5 bln

The aggregate turnover of online daily deals in Hungary grew to about HUF 16.5 bln last year, eNET Internet Research...

Deals

Electronic system boosts sales of assets under liquidation

Sales of the assets of companies under mandatory liquidation are up almost 20% a month after the introduction of an...

Pharma

Allee closes successful year

Budapest shopping center Allee became a leading partner in the premium category shopping center segment last year by receiving nearly...

Transport

Ryanair targets 12% increase in Budapest passenger numbers

Ryanair is targeting a 12% increase in passenger numbers on its Budapest flights this year, the low-fare airline's man in...

Automotive

MOL, JANAF sign agreement on oil transport

Croatian oil pipeline operator JANAF has signed a contract to supply Hungary’s MOL with 1.5 million tons of crude this...

Retail

Hungarian EU Edge develops for U.S. FreshDirect

Budapest-based software developer EU Edge has finished a development project to standardize the trading system, by giving a uniform visual...

Transport

Wizz Air seeks London IPO again

Hungarian low-cost airline Wizz Air said today it is planning an initial public offering (IPO) on the London Stock Exchange,...

Automotive

Report: Used car imports to Hungary rise 36.8% in 2014

Imports of used cars to Hungary jumped by a year-on-year 36.8% to 96,747 in 2014, with light commercial vehicle imports...

Pharma

Linamar Hungary winds up HUF 5 bln investment

The Hungarian unit of Canadian-owned Linamar, farm machinery and automotive parts manufacturer, today wound up a HUF 5 bln development...

Deals

MFB streamlining to save HUF 2 bln annually

State-owned Hungarian Development Bank (MFB) said today that it is expecting to see annual savings of approximately HUF 2 bln...

Deals

MOL backtracks on extraordinary INA dividend

Hungarian oil and gas company MOL on Tuesday said it suspended a request to call a general meeting of shareholders...

Retail

Hungarian startup KwaliTools acquired by VisionLive

Hungarian startup KwaliTools, which was created to capitalize on online opportunities in the market research sector, was acquired by online...

Deals

MNB clears TVK buyout offer by MOL

The Hungarian central bank (MNB) approved a voluntary public purchase offer by oil and gas company MOL for the outstanding...

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...