Industry

Transport

Competition for national railways as from 2017, says Transport Committee

The European Parliament Transport Committee gave its green light at second reading on Tuesday for more competition on international and...

Pharma

FDI to total € 4 billion in 2006

Foreign direct investment in Hungary is expected to total close to €4 billion by the end of 2006 and goes...

Deals

Croatian oil company Ina plans to invest $2.6 billion by 2011

Croatia's oil company, Ina Industrija Nafte d.d., will invest about $2.6 billion in upgrades and research in the next five...

Deals

Permira Fund, VCP acquire combined 92.9% of BorsodChem in buyout offer

First Chemical Holding, a Hungarian purchase vehicle set up by private equity fund Permira announced late on Monday that it...

Deals

Romania hires local firm Bostina to advise on Antibiotice sale

Romania hired local law firm Bostina & Asociatii to advise it on the sale of Antibiotice Iasi SA, the country's...

Deals

Pannonplast reduces stake in Synergon, top performer in Index

Pannonplast Nyrt, a Hungarian maker of yoghurt pots and plastic packaging, cut its stake in computer services company Synergon Nyrt...

Deals

Hewitt offers services to domestic clients

HR outsourcing and consulting company Hewitt Associate (HA) opened a European Center to support its pension-actuary division of its growing...

Automotive

Duna Autó wins SUV tender

Car dealer Duna Autó Zrt was named as the winner of a public sector procurement for some 350 Nissan SUV’s,...

Automotive

New passenger car registrations drop in Hungary in November

New passenger car sales plunged in Hungary in November, while in most EU-15 states they grew, the European Automobile Manufacturers...

Automotive

European car sales gain before increase in German tax

Germans led a second consecutive monthly gain in European car sales in November, buying models from Volkswagen AG and Ford...

Deals

Immoeast profit almost triples on value of properties

Immoeast Immobilien Anlagen AG, an Austrian real-estate company, said fiscal Q2 profit almost tripled as the value of property assets...

Deals

Developments in Záhony to be seen in 2-3 years

Sándor Kálnoki Kis, who was recently appointed by the Prime Minister to oversee the development of a special economic region...

Deals

Britain’s Thatcher role model for Hungary’s Economy Minister

Britain's Margaret Thatcher provides the inspiration Hungary needs to tackle the European Union's largest budget deficit, Economy Minister János Kóka...

Deals

Former Transelektro unit changes name

Transelektro Asset Management Kft, the former property unit of troubled Hungarian engineering company Transelektro, has changed its name to T-2006...

Deals

Erste Bank appoints new CEO; parent bank decides on transformation into holding company

Edit Papp has been appointed CEO of Erste Bank Hungary, effective January 1, 2007, the bank announced on Wednesday....

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...