Industry

Deals

Raiffeisen results tomorrow; Hungary cited for expected losses

Results for the first half of 2013 are expected from Raiffeisen Bank International (RBI) tomorrow, but several analysts are already...

Retail

eMag readies to open for business in Hungary

Romania-based information technology/communications product retailer eMag has launched its Hungarian website in preparation to open its online shop for the...

Automotive

June output down slightly; automotive exports buoying industry

Output of Hungary’s industrial sector edged down 0.6% year-on-year in June, according to the Central Statistics Office (KSH); according to...

Automotive

It’s official: New Procter & Gamble plant for Gyöngyös

The second of two large-scale US-based investments in Hungary promised early last week by the Foreign Affairs Ministry has come...

Transport

Analysts: Sólyom heading for “huge crash” in 2017

New Budapest-based airline Sólyom Hungarian Airways has made another step toward beginning flights on the targeted date of August 18,...

Automotive

EBRD loans €54.5 million for BKK’s paper-free ticketing

The European Bank of Reconstruction and Development (EBRD) board of directors has approved a €54.5 million loan for Budapest Public...

Retail

Utilities, state monopoly or liberalization?

Do utility companies have to be numerous and compete against each other, or could one national company better serve the...

Retail

Utilities, state monopoly or liberalization?

Do utility companies have to be numerous and compete against each other, or could one national company better serve the...

Deals

Formula 1 to run in Hungary through 2020

The world’s most popular motor-vehicle sport returns with the annual Hungarian Grand Prix running at Hungaroring in Mogyoród on Sunday,...

Deals

On the Path of Ancestors – and business deals

The “On the Path of the Ancestors” rally includes former ambassador to Kazakhstan and current vice-president of the Kazakhstan-Hungary Business...

Deals

Csányi responds to rumors, warns of distrust of Hungary

OTP Bank CEO Sándor Csányi responded to a wave of rumors regarding the state of his health and possible dissatisfaction...

Deals

Csányi’s OTP selloff: Rumors fly, rift with Orbán theorized

The plot thickens in the Sándor Csányi story, as a Reuters piece making the international rounds describes the OTP CEO...

Deals

Forbes Hungary set for November launch

Big news for the Hungarian media sphere this week as Forbes Media has announced its entry into the country’s market...

Deals

Report: Hungarian economy may have turned the corner

The worst is probably behind for Hungary’s economy and recent data has shown marked improvement in terms of economic activity,...

Deals

INA workers protest MOL proposals with windshield-cleaning, gum-selling

Members of the INAŠ workers union took the streets of five cities in Croatia yesterday in an odd form of...

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...