Industry

Automotive

Waberer’s inks HUF 25 bln contract with DAF

Hungary’s Waberer's International signed an agreement to buy 1,000 new DAF tractors for almost HUF 25 bln at the IAA...

Deals

Economist: Exploration and production drive INA revenues

Exploration and production are the main revenue drivers for INA, and investments must be channeled into to most lucrative businesses,...

Deals

BUX up on buying into losses

The Budapest Stock Exchange's main BUX index finished up 0.60% at 18,522.77 Monday, after diving 1.80% Friday. It is down...

Deals

CIB and SMEs: Awareness, perseverance, trust

The following is an interview with Róbert Szerdahelyi, CIB’s SME Regional Director, who explains what his bank is doing to...

Deals

Croatia determined to save INA

The Croatian government will try to protect INA, a subsidiary of Hungary's MOL oil company, Croatia's economy minister Ivan Vrdoljak...

Pharma

K&H: More firms ready to invest

One third of Hungarian companies are optimistic regarding corporate growth index, especially investing in technology, according to K&H's investment index...

Deals

State to buy Bombardier’s stake in JV with MÁV

The Hungarian National Asset Management Company (MNV) has signed an agreement to buy out a foreign-owned stake in Bombardier Transportation...

Deals

Mondelez inaugurates capacity expansion

American snack maker Mondelez International inaugurated a HUF 4.5 bln capacity expansion at its biscuits plant in Székesfehérvár, northwest Hungary,...

Pharma

EcoSolifer building HUF 15 bln solar panel plant

EcoSolifer, a solar panel producer using Hungarian know-how, is building a HUF 15 bln solar cell plant in Csorna, northwest...

Retail

T-Systems International launches location based mobile advertising

German-based T-Systems International is introducing a new mobile advertising service with the technical support of IT Services Hungary Kft., the...

Pharma

Apollo Tyres announces HUF 146 bln factory

Company and government officials announced the construction of a HUF 146 bln plant in Hungary by India's Apollo Tyres at...

Automotive

Wizz Air enters financing agreement for seven A320 aircraft

Hungarian low-cost airline Wizz Air today said it entered into a sale and leaseback agreement with Goshawk Aviation Limited for...

Transport

Air France cancels five more Budapest-Paris flights

French national airline Air France is canceling five flights today between Paris and Budapest due to a pilots' strike, Liszt...

Automotive

Avalon opens 4 carsharing points in Budapest

Hungary’s market leading carsharing company Avalon is opening four new carsharing points in the country’s capital, the company announced today....

Pharma

Jüllich Glas Solar to quadruple production

Hungarian-owned Jüllich Glas glass making company expects its production to quadruple as a result of growing global demand for solar...

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...