Industry

Automotive

Volkswagen begins construction of car assembly plant in Russia

„With the production in Russia, the company has the possibility to profit from the rapid growth in the Russian automobile...

Deals

Stadler may build train factory in Székesfehérvár

Swiss train carriage factory Stadler is likely to build its new train factory in Székesfehérvár, managing director of Stadler Trains...

Deals

MÁV to try out Bombardier double-decker train

Hungary's national railway company MÁV Zrt and Canada's Bombardier Transportation are offering train lovers a special treat: starting Friday, MÁV...

Pharma

Schefenacker to set up development center in Hungary

German auto parts maker Schefenacker plans to set up a center to develop car mirrors at its unit in Hungary,...

Deals

Orco Property rating lowered by Moody’s on Viterra acquisition

Orco Property Group SA's rating was lowered one level after the real-estate developer operating in central and eastern Europe in...

Deals

Plaza Centers raises £154 mln in initial share sale

Plaza aims to build as many as five malls a year, primarily in central and eastern Europe and India....

Pharma

CA-IB cuts Hungary Egis, Richter target prices over local, Russian changes

CA-IB has reduced its target price on Hungarian pharmaceutical companies Egis and Richter to Ft 31,473 from Ft 36,540 and...

Pharma

Allianz opens first bank branch in Hungary

Insurer Allianz Hungária Zrt on Thursday opened the first branch of its new bank, Allianz Bank Zrt....

Transport

Austrian Airlines to scrap Pécs-Vienna flights

Austrian Airlines will discontinue its scheduled flights between Vienna and the Pécs-Pogány airport in southwest Hungary from November 10, the...

Automotive

WTO to rule on US, EU complaint on China’s auto-parts duties

The World Trade Organization agreed to examine China's duties on imported car parts in the first case against the Asian...

Pharma

Coloplast of Denmark to announce Hungarian investment next week

Coloplast A/S, Europe's largest maker of colostomy products, will announce an investment to expand its production base in Hungary next...

Pharma

KrasAir to bid for Hungary’s Malév to gain European foothold

KrasAir will try for a second time to buy Malév to enter the EU and connect the Hungarian carrier to...

Deals

Groupama will make „significant” acquisitions abroad before IPO

Groupama, France's largest customer-owned insurer, plans to make „significant” purchases to grow abroad before proceeding with an initial share sale....

Deals

Novotrade purchases Genesis Solar of Spain

Hungarian holding company Novotrade Nyrt said it purchased 100% of Genesis Solar (Espana), a company registered in Spain which had...

Retail

Spar Magyarország to continue expansion of store network

Spar Magyarország Kft has recently opened two new Interspar hypermarkets in northeastern Hungary and will inaugurate three more such stores...

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...