Industry

Pharma

Femat to move all production to Hungarian unit

Austrian production line systems maker Femat will move its entire production to its unit in Hungary to take advantage of...

Pharma

Rimex to build Ft 2 bln plant in Nagykanizsa

UK-based metal finishing company Rimex plans to spend Ft 2 billion to build a production base in Nagykanizsa in southwest...

Deals

Magyar Telekom board announces Ft 73 dividend per share

The board of Magyar Telekom Nyrt will propose payment of a Ft 73-per-share dividend on 2005 profits to a general...

Deals

Sale of military properties expected to generate Ft 33 bln

Hungary's Ministry of Defense expects the sale of more than a hundred former military properties around the country to generate...

Deals

Axel Springer agrees to acquire 25% stake in Polsat

Axel Springer agreed to buy a quarter of Poland's Polsat for €250 million ($332.7 million), the second purchase of a...

Deals

MFB approves loans worth Ft 270 bln so far this year

The state-owned Hungarian Development Bank Zrt (MFB) approved loans worth more than Ft 270 billion by early December, the bank's...

Pharma

Renowned international architects to prepare concept for Zugló’s new city center

Echo Investment, the Polish company to build the new city center in Zugló assigned three renowned international architectural offices to...

Deals

GKI projects slower growth, weaker forint, but improving balance

Hungary's economy will grow at a slower pace and inflation will rise, but the country's balance will improve, renewing investor...

Deals

Mol submits binding bid for 100% stake in Russian oil field

Mol Nyrt, Hungary's largest energy company, said it submitted a binding bid for 100% of a Russian oil field to...

Pharma

Coalco to invest $11 bln in Moscow development

Dubai World's real estate unit and partner Coalco will invest $11 bln in the first stage of the development of...

Deals

Forrás announces sales and purchases worth more than 3% of net assets

Holding company Forrás Nyrt has announced it had sold stakes worth 3.63% of its net assets and made purchases worth...

Retail

Elcoteq adds 2,500 staff at Hungarian unit in 2006

Elcoteq, a Finnish electronics manufacturing services company, has added 2,500 staff at its unit in Hungary this year, bringing the...

Automotive

Poppe & Potthoff plan €3 mln capacity expansion at Hungarian unit

German auto parts maker Poppe & Potthoff plans to spend €3 million to expand capacity at its unit in Hungary,...

Pharma

Electrolux to invest Ft 8 bln at Hungarian unit in 2007

Swedish white goods maker Electrolux plans to invest Ft 8 billion at its unit in Hungary next year, the same...

Deals

Hungarian forint set for third monthly gain on inflation signs

The Hungarian forint is set to gain for a third month, its longest winning run in two years, as signs...

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...