Industry

Deals

Business confidence improves in November

Ecostat's TOP-100 index, a measure of confidence at Hungary's biggest hundred companies, rose 1 point to 45 in November, Ecostat,...

Transport

Wizz Air to lease Airbus aircraft from GE

Hungarian low-fare airline Wizz Air Kft has signed an agreement with GE Commercial Aviation Services (GECAS) to lease four new...

Retail

EU set to give new carbon permits – extended

The European Union is to establish carbon limits for the second phase of the carbon trading scheme, a key way...

Automotive

GM planning to build three Chevrolet models in Warsaw

General Motors Corp., the world's largest automaker, plans within two years to begin producing three Chevrolet models at a plant...

Pharma

Richter subsidiaries buy Romanian drug retailer Bioplus Pharm

Two subsidiaries of Hungary's leading drugmaker Richter Gedeon, Gedeon Richter Romania S.A. and Armedica Trading, have acquired Romanian pharma retailer...

Deals

Croatia sets price of 1,690 kuna for shares in oil company Ina

The Croatian government said it will sell 15 to 17% of the oil company d.d. for 1,690 kuna (€230.85) a...

Retail

Parliament passes pension law

New legislation restricting early retirement was passed by Parliament yesterday in a bid to encourage employees in their late 50s...

Deals

CRM software market grows at brisk pace

The market for Hungary's five largest suppliers of Customer Relations Management (CRM) software is worth approximately Ft 600 million (€2.33...

Deals

HitEx Zrt to offer commercial loans

In addition to strengthening its automobile financing operations, HitEx Zrt plans to start offering personal and commercial loans as well...

Automotive

GM sets deal to build Chevrolets in Poland

General Motors has clinched a deal to have Ukrainian automaker UkrAvto build entry-level Chevrolet cars for GM at a plant...

Transport

Russian billionaire Fridman’s Alfa may start airline

Russian billionaire Mikhail Fridman's Alfa Group may buy or start a low-cost airline to tap Russia's surging travel market, the...

Retail

Sr Patata to come to Hungary

A businessman in Debrecen has purchased the master franchise rights for Spanish fast-food chain Sr Patata, allowing him to organize...

Pharma

Citigroup opens global IT service center in Budapest

Citigroup officially opened its Global IT Service Center in Budapest on Friday, which will offer IT services to Citigroup members...

Deals

Lithuania’s LAL to offer €120 mln for Malév

An indirect owner of Lithuanian airline LAL would offer €120 million for Hungarian airline Malév Zrt, Gediminas Ziemelis, representative of...

Pharma

Biotech companies may benefit from new rules

The biotechnology industry may benefit from new European rules that allow governments to give extra incentives to young innovative companies,...

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...