Industry

Retail

Half-million users on Hungarian p2p file sharing site

Although file sharing beyond certain limits can be illegal, Hungary-based peer-to-peer (p2p) website nCore has more than 580,000 users and...

Deals

Andy Vajna wins casinos over Hungarian Szerencsejáték Zrt.

Andy Vajna, government commissioner in charge of the Hungarian film industry, has won concessions of Hungarian casinos over state-owned Szerencsejáték...

Deals

Former PM to attend Bilderberg meeting

Együtt-PM leader Gordon Bajnai’s, Former Hungarian Prime Minister, name is on the list of leaders invited to the Bilderberg meeting...

Retail

Gundel terrace renovation inaugurated

Renovation of HUF 120 million was inaugurated for Budapest's Gundel Restaurant, the standard-bearer for Hungarian catering....

Deals

INA dismisses speculation on closing refinery

INA, the Croatian unit of Hungarian oil and gas company MOL, has dismissed speculation about shutting down its refinery in...

Transport

Wizz Air to enter London Stock Exchange

Seeking better financial opportunities, Wizz Air has decided to list shares. Low-cost airline Wizz Air is not in need of...

Pharma

Palotás-Mix building HUF 717 million rubber mixing plant

Rubber producer Palotás-Mix is building a HUF 717 million mixing plant at its base in Kemeneshőgyész, founder László Palotás told...

Deals

Ablon rechristened as CPI Hungary

Due to the takeover of its Hungarian operations by Czech Republic-based CPI Group in mid-2013, real estate firm Ablon has...

Deals

Getting the right message

In a relatively rare interview, Nick Kós, country managing partner of PwC Hungary, talked exclusively to the Budapest Business Journal...

Pharma

Richter acquires majority stake in Latin American marketing partner

Hungarian drug maker Gedeon Richter on Tuesday reported about signing an agreement to acquire an initial 51% stake in Netherlands-based...

Automotive

Industrial output in March up 10.6% y.o.y.

Figures released by the Central Statistics Office (KSH) today indicate that in March 2014, industrial gross output in Hungary increased...

Deals

MOL: Report on management of INA “shameful”

Oil-and-gas giant MOL termed “shameful” the report of advisory Oil and Gas Consulting to the government of Croatia on MOL’s...

Deals

Four new casinos to open by end of 2014

Four new casinos are expected to open in Hungary by the end of this year as stated in freshly-signed concession...

Retail

Tesco to lose tobacco stores

However British multinational grocery and general merchandise retailer Tesco is doing everything to save as many tobacco stores as it...

Automotive

KSH: Industrial output climbs 10.6% in March

Output of Hungary's industrial sector rose an unadjusted 10.6% in March from the same month a year earlier, reported by...

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...