Industry

Retail

On the state of Andrássy, Hungary’s Champs-Élysées

Andrássy Avenue has always been a major thoroughfare of luxury and elegance in Budapest, with spectacular neo-Renaissance town houses, palazzos...

Deals

CEO says K&H in Hungary for long term

“K&H is committed to the Hungarian banking market for the long term,” Hendrik Scheerlinck, the CEO of the KBC unit,...

Retail

Survey: More spending on Xmas gifts, at web shops

Results from a survey commissioned by Budapest Bank and undertaken by local polling agency GfK Hungária, Hungarians plan to spend...

Retail

Hervis Hungary goes multi-channel in time for Christmas

Austria-based sporting goods retail chain has launched in four countries including Hungary what it calls a “multi-channel sales approach.” The...

Retail

Interview: Online entrepreneur Réka Porst

From the Budapest Business Journal print edition: Réka Porst, an entrepreneur running online handcraft marketplace meska.hu won this year’s Women...

Deals

Media authority expects bids for digital public services on January 15

Bids for the provision of digital public services through a currently unused block of the 450 MHz frequency has to...

Automotive

Industrial output accelerates in October, up 6%

Hungary’s industrial output growth accelerated in October, outdoing forecasts, preliminary data released by the Central Statistics Office (KSH) on Friday...

Retail

On Hungary’s ailing home improvement market

From the Budapest Business Journal print edition: Hungarian-owned MPF Holding is considering buying and recapitalizing the Hungarian subsidiary of German...

Deals

Croatia economy minister blasts MOL on communications

Croatian Economy Minister Ivan Vrdoljak on Wednesday said Hungarian oil and gas company MOL's communications with the Croatian government on...

Deals

Gide expands in SEE under auspices of Budapest regional center

As part of its expansion strategy in Eastern Europe and South East Europe, international law firm Gide Loyrette Nouel announced...

Deals

Csányi: Politicization of forex debt unwarranted

OTP Bank chairman/CEO Sándor Csányi told the Hungarian edition of Forbes magazine in an interview to be published today that...

Deals

Report: MOL offers INA stake to Zagreb

In an issue hitting newsstands today, OTP chairman/MOL board deputy chairman Sándor Csányi told Forbes Hungary that It is not...

Deals

Forint down again, weakest since January

After a week of slides by the forint, the drop in value of the national currency continued yesterday, hitting HUF...

Retail

Gods of Hungary’s online coupon arena

The online deal-of-the-day sector is booming, and its top three players are holding their positions. The business model is transforming,...

Retail

Design change to Rubik’s Cube to compete with knockoffs

Why mess with a classic? Sometimes market conditions make it necessary. In the case of that worldwide-loved product of Hungary,...

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...