Industry

Retail

Mohai to change name, rebrand product

Mineral water bottler and distributor Mohai Ágnes Kft will change its name to Mohai 1374 Kft, the company announced on...

Transport

AirUnion to launch charter flights to Hungary

The AiRUnion alliance of Russian airlines plans to launch charters from four airports in Russia in summer, doubling the current...

Deals

Court registers merger of MTelekom and T-Mobile

The Registration Court registered the merger of Magyar Telekom Rt and T-Mobile Hungary Rt today, Magyar Telekom announced....

Retail

Nordsee to open units in Hungary this year

German seafood restaurant chain Nordsee AG is planning to open units in Hungary this year, business daily Világgazdaság reported....

Deals

Suzuki starts production of new SX4 in Hungary

Magyar Suzuki Rt began production of its new SX4 family model in its plant in Esztergom, north Hungary on Monday,...

Deals

Raiffeisen Group concludes largest leasing securitization in CEE region

Raiffeisen Leasing Polska S.A. (Raiffeisen Leasing), the Polish leasing subsidiary of Raiffeisen International Bank-Holding AG (Raiffeisen International) has closed a...

Pharma

Montana profits slip in 2005

IT company Montana Rt's consolidated after-tax profit fell to Ft 50 million in 2005, from Ft 76 million in 2004,...

Retail

Spar to open up to 30 Hungarian stores

Spar Magyarország Kft, the Hungarian unit of German wholesaler and grocery retailer Spar Handels AG, will open between 25 and...

Deals

PSZÁF approves Allianz appointments to Dresdner Bank board

The State Financial Supervisory Authority (PSZÁF) announced on Tuesday it approved Allianz Hungária's new appointments to the board of Dresdner...

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...

Pharma

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

Pharma

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

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...

Serbia Says MOL Deal for NIS Stake Signed; MOL Reports No Disclosure Update

A contract for MOL’s acquisition of a stake in Serbian oil and gas company NIS from Russia’s Gazprom Neft has...

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

Wizz Air Enters Winter With Fuel Hedges and Record Summer Traffic

Discount airline Wizz Air is preparing for winter with more than EUR 2.2 billion in liquidity and fuel hedges covering...

Older Small Cars Rise in Price as Hungary’s Budget Used-Car Supply Shrinks

Suzuki Swift asking prices rose 25.8% year-on-year in September as the share of used cars below HUF 2.5 mln shrank,...

Lake Balaton Cycling Upgrades to Add Wider Paths and New Bridges

Nearly 20 km of the Lake Balaton cycling circuit will be renovated under two programs financed through EU and domestic...

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

FDA Accepts Richter’s Fylrevy Menopause Therapy Application for Review

The U.S. Food and Drug Administration (FDA) has accepted Gedeon Richter’s new drug application for Fylrevy, the Hungarian pharmaceutical company...

Egis Opens Major Pharmaceutical Distribution Center in Fót

Egis has opened a distribution center in Fót with capacity for 30,000 pallets, expanding its finished-product logistics operations to support...

Spar Files New EU Complaint Over Hungary’s Retail Tax

Spar has filed another complaint with the European Commission over Hungary’s retail sector tax, arguing that amendments offer relief only...

Continest and Sweden’s Flexotrap Join Forces on Modular Shooting Ranges

As defense spending grows in importance across Europe following Russia’s full-scale invasion of Ukraine, local firm Continest Technologies Plc. and...

Hungary Retail Sales Rise 2.4% in August

Hungary’s retail sales volume increased 2.4% year on year in August but fell 0.7% from July, according to data from...