Industry

Deals

BKV to improve night shift service

One of the new lines, number 937, following west European example, will have a stretch of route where passengers have...

Automotive

DaimlerChrysler’s Mercedes lifts European carmakers’ US sales

DaimlerChrysler AG's Mercedes boosted US sales by 12% in October, helped by demand for models including its R-class crossover vehicle,...

Deals

Mol closes purchase of NWOG-MOL after approval by Russian competition office

Hungarian oil and gas company Mol Nyrt closed on Tuesday the purchase of 100% of NWOG-MOL from Russia's North-West Oil...

Deals

Antibiotice gets interest from drugmakers, funds

Antibiotice, the lone state-owned Romanian pharmaceutical company, attracted interest from 22 possible bidders from the US, Europe and Asia as...

Automotive

Suzuki shares gain after raising forecast on higher car demand

Shares of Suzuki Motor Corp., Japan's biggest minicar maker, rose as much as 3% after the company raised its full-year...

Deals

FinMin gives 2007 deficit as 6.8% of GDP

Finance Minister János Veres said on Tuesday that Hungary's 2007 public finance deficit had been calculated at Ft 1,753.2 billion...

Deals

ELLA shareholders approve capital raise, subordinated loan

Shareholders of home savings bank ELLA Zrt decided at a general meeting on October 26 to raise capital at the...

Deals

Fund assets increase 22.3% in Q3

Assets in funds managed by the Hungarian Association of Fund and Asset Managers (Bamosz) rose 22.3% to Ft 2,549 billion...

Transport

Aer Lingus to add European routes, building on growth in region

Aer Lingus Plc, the Irish airline trying to fend off a hostile takeover bid from Ryanair Holdings Plc, plans to...

Retail

Microsoft sues counterfeit software dealers

Microsoft Corp. said on Tuesday it had started 55 legal actions around the world against dealers it accuses of selling...

Deals

Erste says “dumb” traders, bank fraud caused loss on Bwin stock

Erste Bank, Austria's second-biggest lender, said „dumb” traders were defrauded by a rival bank over trades involving shares of an...

Automotive

EBRD to invest €30 mln for Volkswagen Russian plant stake

The EBRD plans to invest €30 million ($38 million) in exchange for a 20% stake in Volkswagen's plant in Russia...

Deals

HSBC names Guy Hamilton as Central and Eastern European head

Hamilton, whose remit is across all banking services, is focusing on the markets of Czech Republic, Slovakia Poland and Hungary,...

Automotive

Registered unemployment down 4.9% yr/yr in October

The number of registered unemployed was 377,046 in October, down 4.9% year on year and 0.3% less than in September,...

Deals

MVM sells Vértes Power Plant stake

MVM Zrt, Hungary's state-owned power supplier, sold its majority stake in Vértes Power Plant Zrt to local investor Pro-Nix Kft,...

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...