Business

Transport

Magnus Aircraft Opens Showroom in Wuxi

Hungary's Magnus Aircraft has opened its first international showroom in Wuxi, China, the company said on Tuesday, news agency MTI...

Pharma

Improved Margin, Financial Gain Lift Richter Earnings

Hungarian pharmaceutical company Gedeon Richter reported a consolidated after-tax profit increase of 42% year-on-year to HUF 175.9 bln for Q1-Q3,...

Manufacturing

Gov’t Urges Liberty Steel to Pay Wages Due Duna Steel Works

The government firmly urges Liberty Steel to pay wages due to Duna Steel Works employees in line with its legal...

Logistics

Phoenix Builds Modern Pharma Logistics Center in Győr

To enhance pharmaceutical supply in the western Hungary region, Phoenix Pharma Zrt. is developing a state-of-the-art 6,550 square meter pharmaceutical...

Retail

Action at EU Level Could Change Temu Practices – GVH

Concerted action by European Union member states could force Chinese online marketplace Temu to change its commercial practices to comply...

Automotive

2nd day of Hungarian Battery Week Highlights Opportunities, Challenges in E-mobility, E-transport Infrastructure 

The second day of Hungarian Battery Week in Budapest shifted its focus to the rapidly evolving sectors of e-mobility and...

Automotive

Driving the Electric Revolution: Empower Your Impact with Investment and R&D Subsidies

Tamás Szűcs, partner and automotive industry Leader at EY Hungary, explores the challenges and opportunities facing Hungary’s automotive sector amid...

Transport

CJEU Dismisses Wizz Air Challenge of Romanian Competitor

The Court of Justice of the European Union (CJEU) yesterday dismissed a challenge by Hungary's Wizz Air to European Commission...

Retail

Hungary’s Retail Sector Delivers Mixed Performance in September

Hungary’s retail sales rose by 1.7% in September compared to the same period last year, despite a monthly decrease of...

Telco

4iG to Rebrand Commercial Telecommunications Services

4iG set to rebrand the commercial telecommunications services of its units Vodafone Magyarország, Digi, Antenna Hungaria, and Invitech....

Automotive

Hungarian Battery Week Brings Together Experts, Industry Leaders in Budapest

The Hungarian Battery Week got underway in Budapest, drawing together officials, industry leaders, manufacturers and experts from 20 countries, representing...

Innovation

Hungary Commits to Becoming R&D Center for Battery Tech

The head of the Hungarian Investment Promotion Agency (Hipa) highlighted a commitment to make Hungary Europe’s leading R&D center for...

Deals

Corvinus Signs Cooperation Deal With Consulting Firm Stratis

Corvinus University entered into a three-year strategic partnership agreement with consulting firm Stratis, the university told the Budapest Business Journal....

Innovation

Varga Points to Need From Improvement in Digital Competitiveness

A proposed package of European Union regulations on VAT in the digital age approved by EU finance ministers allows businesses...

Construction

Rural Growth Bolsters Hungary’s Declining Housing Starts

Hungary's housing completions declined by 19% in the first three quarters of 2024, with new construction in Budapest and key...

Transport

Magnus Aircraft Opens Showroom in Wuxi

Hungary's Magnus Aircraft has opened its first international showroom in Wuxi, China, the company said on Tuesday, news agency MTI...

Pharma

Improved Margin, Financial Gain Lift Richter Earnings

Hungarian pharmaceutical company Gedeon Richter reported a consolidated after-tax profit increase of 42% year-on-year to HUF 175.9 bln for Q1-Q3,...

Manufacturing

Gov’t Urges Liberty Steel to Pay Wages Due Duna Steel Works

The government firmly urges Liberty Steel to pay wages due to Duna Steel Works employees in line with its legal...

Logistics

Phoenix Builds Modern Pharma Logistics Center in Győr

To enhance pharmaceutical supply in the western Hungary region, Phoenix Pharma Zrt. is developing a state-of-the-art 6,550 square meter pharmaceutical...

Retail

Action at EU Level Could Change Temu Practices – GVH

Concerted action by European Union member states could force Chinese online marketplace Temu to change its commercial practices to comply...

Automotive

2nd day of Hungarian Battery Week Highlights Opportunities, Challenges in E-mobility, E-transport Infrastructure 

The second day of Hungarian Battery Week in Budapest shifted its focus to the rapidly evolving sectors of e-mobility and...

Automotive

Driving the Electric Revolution: Empower Your Impact with Investment and R&D Subsidies

Tamás Szűcs, partner and automotive industry Leader at EY Hungary, explores the challenges and opportunities facing Hungary’s automotive sector amid...

Transport

CJEU Dismisses Wizz Air Challenge of Romanian Competitor

The Court of Justice of the European Union (CJEU) yesterday dismissed a challenge by Hungary's Wizz Air to European Commission...

Retail

Hungary’s Retail Sector Delivers Mixed Performance in September

Hungary’s retail sales rose by 1.7% in September compared to the same period last year, despite a monthly decrease of...

Telco

4iG to Rebrand Commercial Telecommunications Services

4iG set to rebrand the commercial telecommunications services of its units Vodafone Magyarország, Digi, Antenna Hungaria, and Invitech....

Automotive

Hungarian Battery Week Brings Together Experts, Industry Leaders in Budapest

The Hungarian Battery Week got underway in Budapest, drawing together officials, industry leaders, manufacturers and experts from 20 countries, representing...

Innovation

Hungary Commits to Becoming R&D Center for Battery Tech

The head of the Hungarian Investment Promotion Agency (Hipa) highlighted a commitment to make Hungary Europe’s leading R&D center for...

Deals

Corvinus Signs Cooperation Deal With Consulting Firm Stratis

Corvinus University entered into a three-year strategic partnership agreement with consulting firm Stratis, the university told the Budapest Business Journal....

Innovation

Varga Points to Need From Improvement in Digital Competitiveness

A proposed package of European Union regulations on VAT in the digital age approved by EU finance ministers allows businesses...

Construction

Rural Growth Bolsters Hungary’s Declining Housing Starts

Hungary's housing completions declined by 19% in the first three quarters of 2024, with new construction in Budapest and key...

Magnus Aircraft Opens Showroom in Wuxi

Hungary's Magnus Aircraft has opened its first international showroom in Wuxi, China, the company said on Tuesday, news agency MTI...

Improved Margin, Financial Gain Lift Richter Earnings

Hungarian pharmaceutical company Gedeon Richter reported a consolidated after-tax profit increase of 42% year-on-year to HUF 175.9 bln for Q1-Q3,...

Gov’t Urges Liberty Steel to Pay Wages Due Duna Steel Works

The government firmly urges Liberty Steel to pay wages due to Duna Steel Works employees in line with its legal...

Phoenix Builds Modern Pharma Logistics Center in Győr

To enhance pharmaceutical supply in the western Hungary region, Phoenix Pharma Zrt. is developing a state-of-the-art 6,550 square meter pharmaceutical...

Action at EU Level Could Change Temu Practices – GVH

Concerted action by European Union member states could force Chinese online marketplace Temu to change its commercial practices to comply...

2nd day of Hungarian Battery Week Highlights Opportunities, Challenges in E-mobility, E-transport Infrastructure 

The second day of Hungarian Battery Week in Budapest shifted its focus to the rapidly evolving sectors of e-mobility and...

Driving the Electric Revolution: Empower Your Impact with Investment and R&D Subsidies

Tamás Szűcs, partner and automotive industry Leader at EY Hungary, explores the challenges and opportunities facing Hungary’s automotive sector amid...

CJEU Dismisses Wizz Air Challenge of Romanian Competitor

The Court of Justice of the European Union (CJEU) yesterday dismissed a challenge by Hungary's Wizz Air to European Commission...

Hungary’s Retail Sector Delivers Mixed Performance in September

Hungary’s retail sales rose by 1.7% in September compared to the same period last year, despite a monthly decrease of...

4iG to Rebrand Commercial Telecommunications Services

4iG set to rebrand the commercial telecommunications services of its units Vodafone Magyarország, Digi, Antenna Hungaria, and Invitech....

Hungarian Battery Week Brings Together Experts, Industry Leaders in Budapest

The Hungarian Battery Week got underway in Budapest, drawing together officials, industry leaders, manufacturers and experts from 20 countries, representing...

Hungary Commits to Becoming R&D Center for Battery Tech

The head of the Hungarian Investment Promotion Agency (Hipa) highlighted a commitment to make Hungary Europe’s leading R&D center for...

Corvinus Signs Cooperation Deal With Consulting Firm Stratis

Corvinus University entered into a three-year strategic partnership agreement with consulting firm Stratis, the university told the Budapest Business Journal....

Varga Points to Need From Improvement in Digital Competitiveness

A proposed package of European Union regulations on VAT in the digital age approved by EU finance ministers allows businesses...

Rural Growth Bolsters Hungary’s Declining Housing Starts

Hungary's housing completions declined by 19% in the first three quarters of 2024, with new construction in Budapest and key...