Industry

Deals

FHB commercial bank receives operating licence

Hungary's financial market regulator PSZÁF issued an operating licence to FHB Kereskedelmi Bank, a commercial-banking unit of FHB Mortgage Bank,...

Pharma

Continental AG focusing on purchases in Asia and eastern Europe

Continental AG, the world's fourth- largest tiremaker, expects business in the 4Q to be “very positive” as customers buy more...

Automotive

Hungary’s September retail sales up 4.5% yr/yr

Retail sales increased a calendar year-adjusted 4.5% year on year in September, after rising 5.1% in August, the Central Statistics...

Retail

Drugs to be sold at Agip gas stations

Starting next year, some over-the-counter (OTC) drugs will be available at Agip gas stations, the company announced today....

Retail

Aldi to debut under Hofer brand

Hungary-bound Aldi Group, Germany's biggest discount food retailer, plans to make its Hungarian debut in 2008 by simultaneously opening twenty...

Deals

New agenda for Pannonplast EGM

Benji Invest, the primary owner of plastic-parts company Pannonplast Nyrt with 13.17% of voting rights, has proposed new items to...

Automotive

VW stops making Golf in Brussels

Volkswagen is to stop building its Golf model in Brussels, with the expected loss of up to 4,000 jobs....

Automotive

Toyota models trail in crash-safety study; Honda, Subaru at Top

Toyota Motor Corp., whose vehicles earn top marks for buyer satisfaction, has more models than any other automaker ranked at...

Deals

Oil tank explodes in N Hungary

A 5,000-liter fuel tank exploded at a plant of Hungarian oil and gas company Mol Nyrt on Monday, disaster management...

Deals

Hungary to sell remaining stake in Mol from tomorrow

Hungary's government will start selling its remaining 1.73% stake in Mol Nyrt, the country's largest energy company, tomorrow, the state...

Deals

Israel Corp. to invest in east Europe biofuel company

Israel Corp., an Israeli holding company, agreed to pay $132 million for a 49.9% stake in an east European energy-related...

Deals

EDF increases its stake in Hungarian power distributor Démász

Electricite de France SA, France's largest power company, boosted its stake in Hungary's biggest power distributor Démász Nyrt to 95.1%....

Pharma

Flextronics to dismiss 30% of workers at Hungarian plant

Flextronics International Ltd., the world's largest manufacturer of custom-made electronics, is firing about 30% of staff at one of its...

Pharma

Israeli Optibase to supply IPTV solution to Hungary’s TVnet

Israel's Optibase Ltd., a leader in advanced digital video solutions, has announced that it is providing its IPTV solution to...

Deals

KEG builds Europe’s largest gas tank in north Hungary

Hungarian private gas trading company Central European Gas Terminal Zrt (KEG) is building Europe's largest tank for 2,000 tons of...

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...