Industry

Deals

State sells property worth Ft 35 bln in 2006

Contracts to sell state-owned real estate worth Ft 35 billion were signed in 2006, Ft 5 billion more than in...

Automotive

Ford sales in Hungary increase 12% in 2006

US car maker Ford sold 23,453 vehicles in Hungary in 2006, 12.31% more than in 2005, the company said on...

Deals

Concorde buys 5.3% stake in software maker Graphisoft

Concorde, a Hungarian fund manager, bought a 5.3% stake in Hungarian software maker Graphisoft SE, a week after Nemetschek AG,...

Automotive

Toyota expects US hybrid sales may rise 57% this year

Toyota Motor Corp., the world's biggest seller of gasoline-electric hybrid vehicles, expects US hybrid sales to rise as much as...

Pharma

Anker Hungária to build new factory

Baked goods company Anker Hungária Kft will build a new factory to produce bread and frozen and semi-finished bakery products,...

Automotive

Renault 2006 sales fall on slump in European demand

Renault SA, France's second-largest carmaker, said 2006 global vehicle sales fell as western European deliveries slumped and the company lost...

Automotive

Chrysler aims to double international sales by 2012

DaimlerChrysler AG's US-based Chrysler unit plans to use alliances to help double its sales outside its home market during the...

Deals

Societe Generale buys Moldova’s Mobiasbanca for €18.4 mln

Societe Generale SA, the third-largest French bank by assets, bought a majority stake in Moldova's Mobiasbanca for €18.4 million ($24...

Pharma

DNV Hungary revenue grows 10% in 2006

The Hungarian unit of Det Norske Veritas (DNV), a Norwegian certification consulting company, recorded a 10% revenue rise in 2006,...

Pharma

Office Depot to open 10 new stores in Hungary in 2007

Office Depot Hungary Kft, the Hungarian unit of US office-supply company Office Depot, is planning to open 10 new stores...

Retail

Hungary allows Novartis, Glaxo to sell drugs outside pharmacies

Hungary's Health Ministry will allow drugmakers including Novartis AG and GlaxoSmithKline Plc to sell certain nonprescription drugs outside pharmacies, making...

Deals

Italian investor Alazraki to discuss Alitalia bid

Italian investor Paolo Alazraki said he wants to discuss a recovery plan for Alitalia, the government-controlled airline, with unions as...

Deals

Industrial producer prices up 5.5% yr/yr November

Hungary's industrial producer prices rose 5.5% yr/yr in November, but fell 1.1% from October, the Central Statistics Office (KSH) reported...

Automotive

US carmakers losing out to rivals

The „Big Three" US carmakers have continued to lose ground against their Asian rivals....

Transport

Wizz Air offers free Budapest-Bucharest tickets

Discount airline Wizz Air began offering free tickets on the Budapest-Bucharest route yesterday, when rival SkyEurope announced it was halting...

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...