Industry

Retail

Get yourself connected to stay ahead of the competition

Nick Kós, Country Managing Partner at PwC Hungary: Evidence of technological change is all around us with mobile devices, wearable...

Deals

State might buy Budapest Bank

Hungary’s mid-sized retail and commercial bank for small- and medium-sized businesses, Budapest Bank (a member of General Electric group) may...

Automotive

Automotive industry back on track after slow August

The increase of output in Hungary's vehicle manufacturing sector — the engine of growth for the country's industrial output —...

Pharma

Masterplast sees a 51% rise in profits

Hungarian building materials company Masterplast saw a 51% rise of its after-tax profit, which reached almost €1.6 mln year-on-year on...

Deals

MNB outlines proposal for asset management agency

The National Bank of Hungary outlined a proposal for the establishment of an agency to manage distressed assets in a...

Automotive

MÁV-Start to purchase another 21 electric multiple units

MÁV-Start, the passenger unit of Hungarian State Railways (MÁV) could purchase another 21 electric multiple units, co-funded with European Union...

Pharma

Hungarian company to supply furniture for Austrian post offices

Austrian post offices will be furnished with the products of Hungarian furniture manufacturer Garzon Bútor located in Székesfehérvár in western...

Deals

Top managers departing MTel this week

Magyar Telekom, the Hungarian subsidy of German telecoms giant Deutsche Telekom, announced the departure of senior leaders today on its...

Deals

Former Malév staff to get HUF 2.2 bln in back pay

Former staff of the discontinued Hungarian carrier Malév is expected to be given approximately one-third of their back pay this...

Transport

Wizz Air opens base in Bosnia Herczegovina

Hungary-based low-cost airline Wizz Air is planning to open a base in Tuzla, Bosnia Herczegovina. As of June 2015 the...

Automotive

Production bounces back, rises 7.6% in September

Coming off a disappointing dip in August, industrial production bounced back in September with a healthy 7.6% year-on-year increase, the...

Deals

State vows big effort to restore proper operation at Széchenyi Commercial Bank

The National Economy Ministry on Tuesday said the state would make every effort to put Szechenyi Commercial Bank back on...

Deals

Croatia still prepares buying out MOL, INA competes for license in Adriatic sea

Croatia prepares for a possible purchase of Hungary’s MOL oil company’s stake in its Croatian peer, INA, in case the...

Automotive

Audi launches production of next-generation TT Roadster

In line with the previous rumors, German carmaker Audi launched production of the third-generation TT Roadster model at its plant...

Deals

YOUR banker as YOUR business partner

The current expert opinion with Daniel Hatvani, Head of Structured Finance at CIB Bank, originally appeared in the October 31...

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...