Industry

Retail

Hungarian company tops Deloitte Technology Fast 50 list for region

Hungary's Szallas.hu, an online service for booking commercial accommodations, is number one on this year's Deloitte Technology Fast 50 in...

Deals

Hungary’s MOL Group is interested in negotiations on RWE’s DEA unit

Hungarian oil and gas company MOL said it would consider negotations regarding RWE's oil and gas unit DEA in the...

Pharma

IBM inaugurates training centre in Hungary

American multinational technology and consulting corporation IBM inaugurated a HUF 170 mln training center for the staff of its international...

Deals

Citi to serve only corporate, institutional clients

Citigroup's business in Hungary will continue to operate, but only serve corporate, institutional and SME clients, Citi Magyarország said on...

Deals

First train of €267 mln Flirt order put into service

The passenger unit of Hungarian State Railways MÁV and regional railway GYSEV launched the service of the first of 48...

Transport

Russia transports fuel rods to Paks by air

Hungary’s nuclear plant in Paks received its first fuel rods transported by air from Russia for the first time in...

Deals

Danube port undergoes HUF 895 mln of improvements

Port Danube is investing HUF 895 mln on improvements at its freight port on the Danube, in Komárom (northwest Hungary),...

Deals

Citigroup to exit consumer business in Hungary

Citigroup plans to exit its consumer business in Hungary and ten other countries, the US banking group said yesterday, after...

Automotive

Shutdowns slow vehicle manufacturing output in August

Output growth of Hungary's vehicle manufacturing companies – which is inevitably the main driver of growth in Hungary's industrial sector...

Deals

ALDI fined on charge of false advertising

Hungary's Competition Office (GVH) reported today that it fined the local unit of German-owned supermarket chain ALDI HUF 10 mln...

Automotive

Exports drop in August as car production slows

Hungary's exports decreased 4.1% in August as compared with a year ago, the Central Statistics Office reported today. The first...

Deals

INA approves €13 mln severance pay package

Croatian oil and gas company INA, a unit of Hungary's MOL, is planning to set aside more than HRK 100...

Deals

Nitrogénművek broadens product palette

Hungarian artificial fertiliser maker Nitrogénművek is branching out by adding sales of planting seeds, insecticides and pesticides, and crops to...

Automotive

KSH: Industrial production down by 5.7% in August

The volume of industrial production in August – according to seasonally and working-day adjusted indices – was below the level...

Deals

INA refinery closure still pending

The Supervisory Board of Croatian refiner INA did not reach a decision on the future of the company’s refineries, Croatian...

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...