Industry

Deals

Budapest deficit rises to HUF 185 bln

Over the course of three months the calculations for the current term have risen HUF 25 billion to HUF 185...

Deals

Budapest deficit rises to HUF 185 bln

Over the course of three months the calculations for the current term have risen HUF 25 billion to HUF 185...

Deals

State awaits wave of payment from reclaimed severance packages

To date, HUF 64 million, a fraction of the targeted HUF 1 billion has been received by the treasury from...

Deals

State awaits wave of payment from reclaimed severance packages

To date, HUF 64 million, a fraction of the targeted HUF 1 billion has been received by the treasury from...

Pharma

Huawei eyes giant investment in Hungary

Chinese telecoms equipment maker Huawei is planning to announce a huge investment in Hungary worth billions of forints, the daily...

Pharma

Huawei eyes giant investment in Hungary

Chinese telecoms equipment maker Huawei is planning to announce a huge investment in Hungary worth billions of forints, the daily...

Automotive

Suzuki says shock absorbers on Swifts made between 1997-2002 need to be replaced

Magyar Suzuki, the Hungarian unit of Japanese car maker Suzuki, has informed owners of the 124,375 Suzuki Swift subcompact cars...

Automotive

Suzuki says shock absorbers on Swifts made between 1997-2002 need to be replaced

Magyar Suzuki, the Hungarian unit of Japanese car maker Suzuki, has informed owners of the 124,375 Suzuki Swift subcompact cars...

Deals

DBH invests €1.5 mln in cloud services provider Central Europe On-Demand

Hungarian venture capital fund DBH Investment has concluded an agreement to invest €1.5 million in Central Europe On-Demand Zrt, a...

Deals

DBH invests €1.5 mln in cloud services provider Central Europe On-Demand

Hungarian venture capital fund DBH Investment has concluded an agreement to invest €1.5 million in Central Europe On-Demand Zrt, a...

Deals

Gov’t to cut HUF 1,700 bln on bureaucracy

The government wants to cut some HUF 1,700 billion on administration costs, a study published on the website of the...

Deals

Gov’t to cut HUF 1,700 bln on bureaucracy

The government wants to cut some HUF 1,700 billion on administration costs, a study published on the website of the...

Deals

Investment funds to shrink 30-40% as pension funds drop away

The elimination of mandatory pension funds could push investment funds to become more creative on the retail market. Fund managers...

Deals

Investment funds to shrink 30-40% as pension funds drop away

The elimination of mandatory pension funds could push investment funds to become more creative on the retail market. Fund managers...

Automotive

Groupama Garancia revenue from premiums climbs 7% in 2010

Hungarian insurer Groupama Garancia Biztosito had revenue from premiums of €338 million in 2010, up 6.9% from the previous year,...

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...

MOL Gets U.S. Clearance for Preparatory Steps in NIS Acquisition

MOL has received a U.S. sanctions license authorizing certain preparatory transactions related to its potential acquisition of a stake in...

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...