Industry

Transport

Turning round Hungary’s Malév would be a test for Abramovich

Boris Abramovich, a burly former Aeroflot engineer who controls Russia's fourth largest airline, looks like the odd man out in...

Pharma

Richter expects government measures to cut next year’s profits at least Ft 7 billion

Hungarian drug company Richter expects earlier announced government measures to result in a Ft 7 billion reduction in next year's...

Pharma

Richter Q1-Q3 profits rise 42.6% yr/yr

Hungarian drugmaker Gedeon Richter had consolidated after-tax profit of Ft 43.63 billion (€167.9m) in the first nine months of 2006,...

Deals

Hungary stocks gain most in a month as protest is peaceful

Hungarian stocks rose the most in a month after a peaceful protest to mark the 1956 uprising eased concern of...

Deals

Domestic biotechnology fares well in EU

Hungary’s biotechnology industry stands to receive about €50 million-€100 million in foreign direct investment in the next few years....

Transport

SkyEurope October passenger numbers rise 50% on transit flights

SkyEurope Airlines, a Slovak low-cost carrier, said October passenger numbers rose 50% as it added more flights between southeastern and...

Retail

Ikea to spend €10 mln adding first Romanian store by april

Ikea, the world's biggest home- furnishing franchise, will spend €10 million ($12.7 million) to open its first store in Romania...

Deals

Q3 reports expected to push up share prices temporarily

The publication of third-quarter reports by Hungary's listed companies are expected to prompt a short-term buying wave of shares, but...

Deals

MTV HQ owner buys car park too

Canadian real estate developer Tippin has recently acquired the Lipót underground car park at District 5’s Szabadság tér from German-owned...

Retail

Fresh seafoods coming to major cities

German quick service seafood restaurant chain Nordsee has made the final decision to enter the Hungarian market, with the first...

Deals

Forrás parts with 5% stake in Bookline.hu

Holding company Forrás Nyrt has sold 4.98% of shares in bookseller Bookline.hu Nyrt on the Budapest Stock Exchange (BÉT), reducing...

Deals

ÁPV gets four offers for Malév

Four bidders have submitted offers in the privatization of Hungarian national airline Malév Zrt, the State Privatization and Holding (ÁPV)...

Deals

WildHorse shares surge on uranium explorer’s trading debut

WildHorse today also said it won two uranium exploration licenses in southern Hungary....

Retail

Microsoft and Novell reach deal on Linux

Microsoft struck an alliance with one of the leading open-source software companies on Thursday, signalling what could come to be...

Pharma

Funai to spend ¥7 bln on Polish LCD TV factory

Funai the Japanese maker of Emerson consumer electronics, will invest ¥7 billion (€47 million) in a liquid-crystal display television factory...

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...