Industry

Deals

UN body set to block sales of INA shares by MOL

The United Nations Commission on International Trade Law (UNCITRAL) will soon prohibit the Croatian government and Hungarian oil and gas...

Transport

Growing Wizz Air adds destinations, flights, planes

Wizz Air announced it would be adding commercial flights to Lisbon and Maastricht in a Budapest press conference today....

Retail

More and more Europeans buy from Hungarian e-shops

Hungarian webshops saw their foreign PayPal turnover rose by 21% year-on-year in H1 this year, online banking service provider PayPal...

Deals

MOL takes delivery of Kurdistan oil

Hungarian oil and gas company MOL on Monday confirmed it purchased 80,000 tonnes of crude oil from the regional government...

Automotive

Diehl Aircabin unit to build new production hall

Diehl Aircabin Hungary, the Hungarian unit of German aircraft-parts manufacturer Diehl Aircabin, will build a new 5,400-square-meter production hall at...

Automotive

KSH: Vehicle manufacturing output up almost 24%

Vehicle manufacturers continued to lift industrial output in June, a second reading of data published today by the Central Statistics...

Deals

Moody’s lowers ratings on Erste Bank, FHB Bank

Moody's Investors Service downgraded the deposit ratings of both Erste Bank Hungary and FHB Mortgage Bank to B3 from B2,...

Automotive

Waberer’s hiring 400 more lorry drivers

Hungarian road haulage company Waberer's International on Monday said it is hiring another 400 lorry drivers....

Transport

Liszt Ferenc passenger numbers climb 8.5%

Passenger numbers at Liszt Ferenc International Airport Budapest reached 946,542 in July, growing by 8.5% from the same month a...

Automotive

KSH: Industrial output of Hungary climbs 11.3%

Output of Hungary's industrial sector rose by 11.3% in June y.o.y, according to both raw and workday-adjusted data, the publication...

Retail

NAV to check restaurants

Tax and customs authority of Hungary (NAV) is launching a comprehensive check of Budapest-located restaurants in order to put an...

Pharma

KSH: Hungary’s retail sales growth slows to 3.8%

Retail sales in Hungary rose 3.8% in June is slowing from a 4.9% increase in May y.o.y. preliminary calendar year-adjusted...

Retail

Erzsébet voucher purchases to reach HUF 140 bln

Purchases made with Erzsébet vouchers could reach HUF 140 bln in 2014, increasing from HUF 120 bln last year, Hungarian...

Deals

CIB parent committed to Hungarian unit

CIB Group, the Hungarian unit of Italy's Intesa Sanpaolo banking group, sustained after-tax losses of HUF 33.8 bln in the...

Automotive

Audi Hungaria revenue climbs one-third

German carmaker Audi's unit in Hungary generated first-half revenue of €3.712 bln, an increase of one-third from €2.796 bln in...

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...