Industry

Deals

Hungary’s Magyar Telekom buys content firms for Ft 1 bln

Hungary's largest telecom group, Magyar Telekom Nyrt, owned by Germany's Deutsche Telekom AG, has announced on Wednesday it has signed...

Retail

Hungary’s e-trade sector estimated to be worth Ft 30 bln in 2006

Hungary's electronic trade sector is expected to be worth Ft 30 billion in 2006; and next year it could reach...

Deals

Biggeorge lauches property fund

Real estate firm Biggeorge’s Group has been granted approval by the State Financial Supervisory Authority (PSzÁF) to launch the Biggeorge’s-NV...

Deals

Fujitsu Siemens sales in Hungary jump 50% in January-September

Fujitsu Siemens’ sales in Hungary rose 50% in January-September compared to the same period a year earlier, business daily Napi...

Deals

Hungary’s first nanotechnology center opens in Szeged

Hungary's first nanotechnology research and training center was opened at the Szeged University on Wednesday....

Automotive

Delphi plans $16 mln capacity expansion at Hungarian unit

US-Japanese automotive parts company Delphi is investing $16 million to increase capacity at one of its units in Hungary, business...

Deals

Sydinvest buys majority stake in Bookline.hu

Sydinvest Zrt bought 1 million shares of Bookline.hu Nyrt in two days, the online bookshop company announced....

Deals

Lukoil to buy Conoco stations, bid for Czech refinery

OAO Lukoil, Russia's largest oil producer, plans to buy 376 filling stations in Europe from shareholder ConocoPhillips and may buy...

Automotive

Gedia to settle in Tata

German-based Gedia Gebrüder Dingerkus GmbH will build the company’s first Hungarian factory hall in Tata, in the South Industrial Park....

Deals

Finalyse opens regional center in Hungary

Finalyse, a leading implementation consultancy specialized in value, risk and performance solutions, has appointed Keve Müller as Partner and General...

Deals

Hama expects 12% revenue rise in Hungary in 2006

Hama Kft, the Hungarian unit of German IT and photo equipment company Hama AG, expects to close 2006 with revenue...

Deals

HTCC announces changes to board of directors

Hungarian Telephone and Cable Corp. today announced that Kim Frimer has resigned as chairman of the board of directors of...

Pharma

Ravak plans Ft 3 bln office-warehouse complex in Budapest

Czech bathtub and shower enclosure maker Ravak plans to build a Ft 3 billion office, warehouse and trade center in...

Automotive

VW’s Audi to boost investment, double model lineup

Audi AG, Volkswagen AG's luxury brand, plans to increase investment over the next five years by €1 billion ($1.32 billion)...

Pharma

Richter distributes $6.5 mln in stock to workers

Gedeon Richter, eastern Europe's biggest drugmaker, distributed shares worth Ft 1.3 billion ($6.5 million) as a part of an incentive...

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...