Industry

Deals

Austrian BAWAG bank sells CEE subsidiaries

The owners of Austria’s BAWAG bank, US-based hedge funds Cerberus, is speeding up the bank’s consolidation process, reversing course in...

Deals

Austrian BAWAG bank sells CEE subsidiaries

The owners of Austria’s BAWAG bank, US-based hedge funds Cerberus, is speeding up the bank’s consolidation process, reversing course in...

Transport

Malév Hungarian Airlines obtained level C qualification for Mechtronix FFS X(TM)

Malév Hungarian Airlines successfully upgraded its FFS X(TM) Non Zero Flight Time(TM) (NZFT(TM)) to level C qualification....

Transport

Malév Hungarian Airlines obtained level C qualification for Mechtronix FFS X(TM)

Malév Hungarian Airlines successfully upgraded its FFS X(TM) Non Zero Flight Time(TM) (NZFT(TM)) to level C qualification....

Deals

New oil field discovered in Russia

Recently a new oil field has been discovered in the Yamalo-Nenets Autonomous Region, Northern Russia, says the press–release of Gazprom...

Transport

SkyEurope to commence RNP program with assistance from Naverus

SkyEurope Airlines of Bratislava, Slovakia has engaged Naverus to perform an RNP Readiness Assessment in preparation for RNP operations. RNP...

Deals

Budapest less appealing to businesses

Budapest ranks 23rd on Cushman & Wakefield’s European Cities Monitor (ECM), down from 22nd last year....

Deals

Gazprom puts a chill into UES share sales

State utility Unified Energy System is feeling a chill in the air that has nothing to do with the onset...

Deals

Frutarom acquires Gewurzmuller, a company specializing in unique savory flavors

Frutarom Industries Ltd. announced today that it has signed an agreement to acquire 100% of the share capital of the...

Retail

Avoiding “phishing” also in Hungary

2.2 million Hungarians use different types of electronic means for bank transactions, such as bank cards, online or mobile banking....

Deals

US budget deficit declines to lowest level in five years

The US federal budget deficit declined to $162.8 billion in the fiscal year ending Sept. 30, the lowest level in...

Deals

Romania will leave Hungary behind this decade – TriGranit chief

Hungary’s real estate developer giant TriGránit has inaugurated Polus Center Cluj, a shopping mall build from over €300 million in...

Pharma

Romania, Poland lead regional auto market growth in H1 of 2007

Poland and Romania lead the regional auto market growth in the H1 of 2007, both up 25% as against the...

Pharma

FAO begins Budapest operation

Budapest is becoming a frequented place by international organizations, Mária Kadlecíkova, head of the European and Central Asian Regional Office...

Deals

Budapest sells 3 further assets

After selling a 9.92% stake in the Kempinski Hotel, Budapest Municipality now has only three major portfolio assets sales left...

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...

Hungary Retail Sales Rise 4.3% in September as Non-Food Spending Leads Growth

Hungary’s retail sales volume rose 4.3% year-on-year in September 2026, driven by growth in non-food and automotive fuel sales, according...

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...