Industry

Deals

CIG Pannonia to transfer general retail policies to Aegon

Hungarian insurer CIG Pannonia today announced that it had decided to transfer the retail policies of its general insurance unit...

Deals

Alteo sells HUF 925 mln of bonds in private placement

Hungarian energy supplier and trader Alteo today said it sold five-year zero-coupon bonds with a nominal value of HUF 925...

Deals

Next talks on INA set for July 25

Next discussions on INA by the negotiators of the Croatian government an Hungarian oil and gas company MOL will be...

Deals

MAL assets offered for HUF 17 bln

State-owned liquidator Nemzeti Reorganizációs Nonprofit offered the assets of troubled aluminum-oxide maker MAL for the price of HUF 17 bln,...

Pharma

BOS group lays HUF 5bln expansion cornerstone

German-owned Bos Automotive Products Magyarország laid the cornerstone of a HUF 5 bln expansion at its plant in Mosonszolnok today....

Deals

Government freezes HUF 110 bln in spending

The Hungarian government will freeze HUF 110 bln in the expenditures of the central budget in order to meet this...

Deals

RTL Klub CEO: We’ll stay and fight

The following story, by Florence La Bruyère, is from the July 18 print edition of the Budapest Business Journal....

Pharma

Zollner completes HUF 314 mln expansion

German electronic manufacturing services company Zollner has completed a HUF 314 mln expansion at its base in Szügy, unit deputy-director...

Transport

New air route from Budapest to Kazakhstan

Direct flights between Hungary and Kazakhstan could start soon. An air service licence was submitted to the Hungarian authority and...

Automotive

In-depth: Driving production

The following article originally appeared in the June 20 - July 03 print edition of the Budapest Business Journal....

Automotive

Audi to add third shift at Győr plant

German carmaker Audi is planning to add a third shift at its Hungarian plant in order to meet the expectations...

Deals

Gazprom may buy Crotian INA from MOL

Russian power and energy giant Gazprom has expressed its intention to buy a controlling stake INA, the Croatian refiner that...

Pharma

OTP Bank close to buying Romanian network of Portugal’s Millennium Bank

Hungary's OTP Bank is in the final stages of talks regarding the purchase of the Romanian network of Portugal's Millennium...

Deals

EC could fine Hungary HUF 90 bln in tenders case

The European Commission could fine Hungary HUF 70-90 bln if it finds that Hungary used discriminative restrictions in some of...

Automotive

Pappas takes over Iveco sales, service in Hungary

DanubeTruck Magyarország, a division of Hungarian car retailer Pappas Auto group, has taken over sales of Iveco trucks and buses...

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...