Industry

Retail

Hungarian economy needs IT professionals

Even if the current economic environment does not favor growth, Hungarian software development companies are keeping afloat as more enterprises...

Deals

Can Xetra jump-start Budapest bourse?

The Budapest Stock Exchange is on schedule to introduce a new, widely used trading platform that it hopes will finally...

Automotive

Audi introduces Győr-made A3 Cabriolet in Frankfurt

Audi introduces its new A3 Cabriolet, a vehicle to be manufactured in Győr, to media at the Frankfurt Motor Show...

Pharma

To the East: Three big deals signed with Chinese interests

The Eastward-facing agenda for the Hungarian import/export industry touted by Foreign Trade Secretary Péter Szijjártó and the current administration got...

Pharma

To the East: Three big deals signed with Chinese interests

The Eastward-facing agenda for the Hungarian import/export industry touted by Foreign Trade Secretary Péter Szijjártó and the current administration got...

Deals

Napi Gazdaság: The think tank newspaper

When Central European Media and Publishing Co. (CEMP) sold business daily Napi Gazdaság to economic think tank and research center...

Automotive

Further increase in production volume for July

The Central Statistics Office (KSH) has released statistics on Hungarian industrial output for July, with figures showing a 4.8% increase...

Transport

Wizz Air CEO: “No reasonable chance” for Sólyom success

In announcing an augmentation to Wizz Air’s steadily busier fleet, CEO József Váradi yesterday took time to offer a brief...

Deals

MOL sells stake in Surgut-7 oil field

Representatives of oil and gas company MOL said it sold its 100% stake in the Surgut-7 oil field in Russia,...

Deals

Is government enthusiasm for tourist industry realistic?

After enjoying a record-level amount of tourism revenue in 2012, the government expects to break that mark this year, thanks...

Deals

Takarékbank charter approved by savings co-ops

Based on the National Association of Savings Cooperatives’ (OTSz) advisory to member institutions to approve integration of the subsector under...

Deals

Retail rental: Hong Kong costliest, Budapest “bottomed out”

US-based real estate services provider/investement firm CBRE Group released a report yesterday on international retail rental rates, showing Hong Kong...

Deals

PSzÁF: 74% of foreclosed property for sale in Q3

Hungarian financial market supervisory body PSzÁF reported yesterday that just under 3,900 foreclosed residential properties will be put on the...

Automotive

KSH: retail sales down 0.4% in June

The Central Statistics Office (KSH) reported that, after a second analysis of data, retail sales were down 0.4% year-on-year from...

Transport

Wizz Air: No launch of flights to Hurghada

Days after the Hungarian Foreign Ministry advised Hungarians vacationing in Egypt to return home, Wizz Air officials announced the cancellation...

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...