Industry

Deals

OTP Bank chairman/CEO sells bonus shares

OTP Bank chairman/CEO Sándor Csányi has sold the 63,364 OTP shares received under the bank's management incentive program, the bank...

Deals

Deals of the Year: In the pipeline for 2014

Every year, the Budapest Business Journal attempts to present the most significant deals of the past 12 months. Since only...

Transport

Wizz Air announces flights to Donetsk for 2014

Hungary-based budget-fare airline Wizz Air has reported its launching of a twice-weekly flight to Donetsk, Ukraine, beginning on April 30,...

Deals

MOL, Croatia government to hold third round of negotiations on INA in January

The third round of negotiations between the Croatian government and MOL over INA is scheduled for mid-January, Croatian economy minister...

Automotive

DD Energy, Audi Hungária in long-term geothermal contract

DD Energy Termelő és Szolgáltató Kft (DD Energy), a wholly owned unit of Hungary-based alternative-energy company PannErgy on Friday signed...

Deals

Csányi Winery to make HUF 200 million technological investment

Csányi Winery plans to make a HUF 200 million technological investment next year to develop the wine-making equipment at its...

Pharma

Richter expands into Mexico with DNA Pharmaceuticals acquisition

Just days after announcing expansion in Brazil via acquisition of a 51% share in its marketing partner Next Pharma, Hungary-based...

Deals

Business Telecom floats 156,771 shares at the BSE

Telecommunications company Business Telecom (BTel) has floated 156,771 dematerialized, registered ordinary shares with a nominal value of HUF 100 per...

Deals

Deals of the Year 2013: State-based moves

Every year, the Budapest Business Journal attempts to present the most significant deals of the past 12 months. Since only...

Transport

New European Union flight mode: On

From the Budapest Business Journal print edition: Time flies swiftly when working – especially when on a deadline. However, it...

Deals

Deals of the Year 2013: Market transactions

Every year, the Budapest Business Journal attempts to present the most significant deals of the past 12 months. Since only...

Retail

Kúria decision avoids “worst-case scenario,” bankers relieved

In response to the Kúria’s decision regarding outstanding forex-based loans, a pair of Budapest-based brokers opined to national news service...

Deals

MOL set for further acquisitions in North Sea, elsewhere

MOL wants to make more acquisitions in politically stable regions in the coming years, Germany-based business daily Handelsblatt reported on...

Automotive

Industrial output up 6.0% y.o.y. in October

In October 2013 industrial gross output grew by 6.0% compared to the same month of 2012, according to newly-released figures...

Deals

MOL acquires Wintershall assets in North Sea

Hungary-based oil and gas giant MOL has extended its upstream portfolio through the acquisition of the assets of Wintershall in...

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

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

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: 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...

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...

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...