Industry

Deals

Analysis: Market anxious over new state utility

The following story is from the October 3-16 print edition of the Budapest Business Journal....

Deals

Competition authority won’t check pipeline deal

The Hungarian government has decided that the competition authority cannot scrutinize the acquisition of the shares of Magyar Gáz Tranzit...

Automotive

German-Hungarian chamber signs agreement

The German-Hungarian Chamber of Industry and Commerce (DUIHK) said it signed a cooperation agreement with the Hungarian Investment Promotion Agency...

Deals

NAV raids warehouse of Facebook advertiser

Hungary’s Tax and Customs Authority (NAV) raided the warehouse of an individual who was advertising goods for sale through international...

Deals

Toolstyle to invest HUF 600 mln in Miskolc plant

Hungarian engineering company Toolstyle is spending HUF 600 mln, partly from monies won in a tender, on a new production...

Automotive

Blue chip treasury shares changed minimally in September

The treasury share stocks of the Budapest Stock Exchange's four blue chip issuers changed relatively little in September, with the...

Deals

Hungary expects state debt to fall to 76.9%

According to today’s prediction by the National Economy Ministry, Hungary’s state debt as a percentage of GDP is likely to...

Deals

OTP Bank to buy Slovenian peer

Hungary's OTP Bank offered €300 mln in a non-binding bid for Slovenian state-owned bank Nova KBM in July, Reuters said...

Deals

MOL urges consolidation of INA refinery capacity

Ferenc Horváth, head of the downstream business at Hungarian oil and gas company MOL, urged the consolidation of refinery capacity...

Deals

INA board to discuss refineries in early Oct

The board of Croatian oil and gas company INA, a unit of Hungary's MOL, could discuss its refining business at...

Deals

Ringier Axel Springer Media buys jobs portal

Hungary's Central Médiacsoport on Friday said it is selling its jobs portal Profession.hu to Ringier Axel Springer Media....

Deals

Forint trips on interbank market

The forint was trading at 311.19 to the euro late Thursday on the interbank forex market, down from 310.03 late...

Pharma

Leax Hungary invests HUF 530 mln in EU funds

Swedish-owned metalworking company Leax Hungary invested HUF 530 mln at its unit in Mezőkövesd, northeast Hungary, in order to increase...

Deals

Alliance Jura-Hongrie invests in health group

Budapest-based venture capital fund manager Alliance Jura-Hongrie has invested HUF 420 mln in Hungarian health industry group MEDinnovest, investment director...

Deals

MNB rules Norbi’s IPO can continue

The National Bank of Hungary (MNB) said today that it approved a supplement to the prospectus of Norbi Update Lowcarb....

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...