Industry

Transport

Gov’t Plans Rollout of County Public Transport Passes

Hungary's government plans to introduce passes valid for all public transport within a county in the first half of 2023,...

Retail

Wolt Market Opening New Store in Debrecen

Wolt Market, Wolt's own online grocery store chain, is opening its eighth Hungarian store in Debrecen, according to a press...

Deals

MOL, Partners to Buy Alteo

Hungarian oil and gas company MOL on Saturday said it is partnering with Diófa Asset Management and Indotek-Investments to acquire...

Retail

Online Market Generated HUF 1.2 tln Last Year

According to the GKI report, in 2021, the online market generated a turnover of HUF 1.2 trillion in Hungary, and...

Manufacturing

Rheinmetall Lays Cornerstone of Várpalota Plant

The cornerstone of a munitions plant German defense industry company Rheinmetall is building in Várpalota (85 km southwest of Budapest)...

Retail

Christmas Shopping in Budapest: It’s not About the Shopping

There are two ways to approach a day’s Christmas shopping in Budapest. You can plan it as if it were...

Deals

Márka Üdítőgyártó Adding Adrenalin-brand Products to Offerings

Márka Üdítőgyártó, one of Hungary's oldest soft drink makers, will add Adrenalin-brand products to its offering from February, according to...

Retail

Spar, Charity Service of the Order of Malta Launch Donation Campaign

This year again, shoppers can give Christmas presents to needy families in the framework of the joint food collection campaign...

Automotive

Homo Homini Lupus Est – Op-ed

Are we - humans - ready for the age of self-driving vehicles or are we going to be the wolves...

Automotive

Magyar Suzuki Again Strove for the Max in 2022

Magyar Suzuki closed a busy year that saw the plant’s employees, suppliers, and partners in Esztergom spend the 12 months...

Retail

Wolt Market Launches Charity Shop

Wolt users once again support charity organizations by sending food, however this time the donation feature will remain available even...

Manufacturing

Slovenia Industrial Output Grows in October

Industrial production in Slovenia rose by 0.1% year-on-year in October, easing from an upwardly revised 1.1% gain a month earlier,...

Transport

Wizz Air Forced to Cancel Some U.K. Flights Due to Weather

Discount airline Wizz Air has released a statement explaining that the company had to cancel or delay several flights in...

Retail

Bulgaria Retail Sales Growth Eases in October

Bulgaria's retail sales eased by 0.6% year-on-year in October, following an upwardly revised 2.3% rise in the previous month, the...

Manufacturing

Lithuania Producer Price Inflation Eases in November

Lithuania's producer prices increased 23.9% year-on-year in November, after a 28.1% growth in October, figures from Statistics Lithuania (LS) showed...

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...

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...

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...

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...