04.12.2024

Romanian businessman Ferenc Korporany, best known for selling the Maravet business to an American giant, has bought Hungary's WAF Kft, a company operating in the animal products industry. more

12.13.2023

Kinga Daradics, known on the local market for her mandate of Chief Financial Officer (CEO) of MOL Roma­nia, one of the most powerful companies on the local oil market, has taken over the position of more

02.01.2023

eMAG, the biggest online retailer in Romania, has got long-term funding worth almost EUR70 million from Alpha Bank, which will support the construction of a state-of-the-art logistic center near more

01.11.2023

Luxury jewelry chain Teilor is expanding further on foreign markets by opening its four store in Hungary. more

09.15.2022

Logistics and courier services company UPS has appointed Daniela Constantinescu to the position of Country Manager for its subsidiaries in Hungary, Greece, Romania and Slovenia (HUGRROSI). more

09.05.2022

The management board of building materials producer TeraPlast announced it approved the setting up of the company, as a sole associate, of a limited liability company in Hungary, in Berettyóújfalu more

08.31.2022

eMAG Group is consolidating its management team in Hungary by appointing Daniel Spiridon to the position of CEO, effective September 1, 2022. more

02.04.2022

Electrica (EL.RO), the biggest electricity supplier in Romania and a listed company part of BET main index, was granted an electricity trading license by the Hungarian Energy and Public Utility more

01.03.2022

Telecommunications operator Digi Communications (DIGI.RO) on Monday evening announced completion of the sale of operations in Hungary for EUR625 million. more

11.30.2021

Telecom operator Digi, controlled by businessman Zoltan Teszari of Oradea, announced it sealed the sale-purchase contract for its Hungarian operations with 4iG. more

10.12.2021

Cooking equipment retailer Kitchen Shop will grow to 19 stores after opening its second store in Hungary. The other 17 offline stores are in Romania. more

06.14.2021

Romanian startup LifeBox, founded by Radu Balaceanu, Florin Scarlat, and Lukasz Kuzniar, is expanding outside Romania and enters the healthy food delivery in Hungary under the brand FrissBox. more

05.24.2021

Courier services company Sameday, owned by online retailer eMag, has announced its expansion on the Hungarian market, considering that it is already present on this market with delivery options in more

04.08.2021

Vienna Insurance Group's planned acquisition of Dutch Aegon's Central and Eastern European business is temporarily blocked by Hungary which said it would deny approval for the acquisition of the more

03.31.2021

Fixed and mobile communications group Digi (DIGI.RO) held by Oradea businessman Zoltan Teszari, on Monday night announced its most painful business decision ever: the exit from its second most more

06.24.2020

eMag Group has opened its first showroom outside Romania, in Budapest (Hungary), and eyes three similar projects until the end of 2020, in Hungary, targeting sales of EUR300 million on this market in more

05.19.2020

German-held retailer Miele, which sells premium home appliances, has appointed Miele Romania general manager Loredana Butnaru to coordinate and reorganize the company's Hungarian subsidiary. more

06.06.2019

Dante International, which operates eMAG – the biggest online retailer in Romania, and Fashion Days – the biggest fashion online retailer in Romania, has received antitrust clearance to acquire more

01.22.2019

MedLife (M.RO), the largest actor on the private medical service market in Romania, will take its first step abroad and is in advanced talks to buy a medical company in Hungary in an about EUR5 more

07.26.2018

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02.05.2018

Romania and Hungary's foreign ministers agreed Monday on the development of a high-speed railroad line linking Cluj-Napoca to the Hungarian capital Budapest, the Hungarian minister announced, news more

11.20.2017

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10.24.2016

The shortage of labor in the west of Romania has made employers turn to Hungary to find people in the towns near the Romanian border to be able to handle the production peaks during the summer. more

10.03.2016

Romanian plastic systems maker Teraplast Bistrita (TRP.RO) is opening a limited liability company in Hungary, with a share capital worth HUF3 million (nearly EUR10,000), in cash, which is fully more

08.11.2016

Robert Redeleanu, who became chief executive officer of the cable TV company UPC Romania in July 2015, will also take the reins of the Hungarian subsidiary of UPC’s owner US-held Liberty Global and more