Industry

Deals

Hungary c/a surplus reaches €232 mln in Oct

Hungary's current-account surplus reached €231.6 mln in October, down from €865.5 mln in September and €263.7 mln in August, data...

Deals

MOL makes progress in legal dispute with INA

The International Centre for Settlement of Investment Disputes (ICSID), in Washington, DC, made a preliminary ruling in favor of Hungarian...

Pharma

Hungary Exim Bank gets new CEO

Zoltán Urbán, currently CEO of Garantiqa Hitelgarancia, is to take over the position of CEO at state-owned Exim Bank from...

Deals

Gasoline sales rise on falling prices

Sales of gasoline and diesel increased year-on-year due to falling prices in Hungary from January-November, Hungarian business daily Vilaggázdaság reported...

Deals

MNB: Measures against Széchenyi Bank were in clients’ best interest

The National Bank Of Hungary's (MNB) imposed limits on client account transactions initiated on December 4 against Széchenyi Bank were...

Automotive

KSH: Industrial output growth slows

Output growth of Hungary's vehicle manufacturing companies, which is considered to be an engine of growth in Hungary's industrial sector,...

Automotive

Ganz Holding to double staff

Ganzeg, a unit of Hungarian engineering group Ganz Holding, announced that it would double headcount at its plant in Zalaegerszeg...

Automotive

MNB: Underlying inflation indicators fall

The Hungarian central bank today said that two of its three "underlying measures of inflation" fell in November: the indicator...

Retail

OBI to make major changes in Hungary

German-owned D.I.Y. chain OBI is planning layoffs and restructuring in Hungary and would stop buying from Hungarian business partners, as...

Pharma

Richter issues order to purchase own stock

Hungarian pharmecuticals company Richter Gedeon commissioned Unicredit Bank Hungary to purchase another 400,000 of treasury stock yesteray. Richter said the...

Deals

Gov’t: Sale and utilization of state-owned assets revenue well planned

The HUF 169 bln revenue collected from the sale and utilization of state-owned assets would be realized in a "serious,...

Retail

Unions plan single-lane protest for December 15

Unions scheduled protest with a single-lane demonstration on roads around the country between 7 a.m. and 4 p.m. on Monday,...

Transport

Ukraine to launch Kiev-Lviv-Budapest route

The Ukrainian state railways is planning to launch a daily train service on the Kiev-Lviv-Budapest route fas of December 14,...

Automotive

Knaus Tabbert to start production in Hungary

Germany-based motor-home, campervan and caravan manufacturer Knaus Tabbert is planning move production to its Nagyoroszi plant (northern Hungary), as it...

Deals

GVH fines group purchase schemes

Hungary's Competition Office (GVH) fined group purchase scheme organizers Best Life Center, Life Organization Szolgáltató and General Future more than...

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...