Industry

Pharma

MNB governor: March inflation report to determine rate path

The National Bank of Hungary's (MNB) Monetary Council will take a decision on whether or not to keep rates on...

Deals

FHB Commercial Bank appoints new CEO

Márton Oláh yesterday was appointed as CEO of Hungary’s FHB Commercial Bank, which is the commercial bank unit of FHB...

Automotive

New car sales climb 11% in January

Registrations of new passenger car registrations in Hungary rose by a year-on-year 11%, reaching 4,898 in January, while light commercial...

Pharma

Ambassador: German firms re-invest half of profits in Hungary

German companies reinvest over half of their local units' profits in Hungary, German ambassador Lieselore Cyrus said in an interview...

Retail

Avnet TS welcomes new regional communications chief

The Hungarian unit of U.S.-based Avnet Technology Solutions, a global leader in technology distribution, has seen the appointment of Tibor...

Deals

Asset manager to start buying bad assets from banks in H2

The Hungarian Reorganisation and Receivables Management Company (MARK), established by the National Bank of Hungary (MNB) last November to buy...

Pharma

Alcoa winds up $13 mln expansion in Hungary

U.S.-based aluminum company Alcoa today inaugurated a $13 mln expansion at its wheel plant in Székesfehérvár in norwestern Hungary with...

Deals

Bank of America: Emerging-market currencies undervalued by 0.9%

Emerging-market currencies are undervalued by an average of 0.9%, according to a proprietary valuation framework developed by Bank of America...

Retail

Yves Rocher sales climb 31% in Hungary

French cosmetics company Yves Rocher's revenue in Hungary rose 31% to HUF 2 bln last year, the local unit's sales...

Automotive

Report: Hungary’s economic acceleration indicator increases

The Hungarian business daily Világgazdaság-compiled measure of economic and financial indicators entitled Acceleration Indicator (GYIA) rose by a year-on-year 2.78%...

Transport

Wizz Air to set up shop in Kosice

Hungary’s low-cost airline Wizz Air announced yesterday that it will set up a base in Kosice, Slovakia, on September 14,...

Retail

IKEA finds workaround to Sunday closures

In an attempt to circumvent the new legislation forcing shops to close on Sundays, Swedish furniture retailer IKEA has found...

Transport

Emirates to offer first class on Budapest flights

Dubai-based carrier Emirates yesterday announced that it would upgrade its daily service to Budapest from a two-class to a three-class...

Deals

Margit Palace Office extended by 3,200 sqm for EMEA

As a result of the latest building expansion, EMEA has become one of the principle tenants in the Margit Palace,...

Pharma

Edelmann builds HUF 4.5 bln production hall in western Hungary

German printing company Edelmann laid the cornerstone of a HUF 4.5 bln production hall in Zalaegerszeg in western Hungary on...

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...