VOL. 32. NUMBER 14 | JULY 12 – JULY 25, 2024
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SPECIAL REPORT INSIDE THIS ISSUE
Healthcare
Schott Pharma’s HUF 28 bln Investment Boost While it may lack the heavy weighting of the automotive sector in Hungary’s economy, healthcare remains a significant contributor to the country’s GDP. A prime example is Schott Pharma’s HUF 28 billion investment in Lukácsháza. 8
FirstMed Aiming at Expansion and Introducing AI English-language clinic FirstMed opened in Hungary 25 years ago. Since then, it has faced challenges such as the 2008 financial crisis, COVID and an increasingly competitive market. It is now targeting expansion to foreign markets. 12
A Healthy Desire for Growth
SOCIALITE
‘Divas & Icons’ at the House of Music Hugely popular when it was shown at London’s Victoria and Albert Museum, the “Divas & Icons” exhibition will be at the House of Music Hungary until Sep. 15. It features original outfits of icons old and new from Marilyn Monroe to Billie Eilish. 21
NEWS
Frozen Inflation a Welcome Chill
SPECIAL REPORT
TritonLife Group founder and CEO Péter Haraszti discusses the growth of Hungary’s largest private healthcare provider, expansion plans, and challenges in the sector. 16
Amid the current heatwave, there has been at least one piece of refreshing news. Inflation in Hungary was, to all intents and purposes, frozen on a monthly basis in June; the year-on-year increase has also returned closer to the central bank’s 2-4% target. 3
BUSINESS
HBO Max Transitions to Max in Hungary Rebranding represents a significant milestone for Warner Bros. Discovery, with the company saying it will offer an enhanced viewing experience with a wealth of new content. 6