Industry

Retail

Higher Sugar Prices Raising Holiday Candy Costs

Inflationary pressure is also a very serious factor in the confectionery industry since the market price of the sector's most...

Automotive

AutoWallis’s new Partnership, Acquisition Boosts 2023 Business Outlook

In less than 24 hours, the AutoWallis Group announced an acquisition (and hence entrance to anew market) and asustainable energy...

Retail

Poland Retail Sales Growth Slows on Year in October

Retail sales in Poland rose 18.3% year-on-year in October, easing from a 21.9% jump in the previous month, the Warsaw-based...

Manufacturing

Lithuania Industrial Output Rises in October

Industrial production in Lithuania rose 1% year-on-year in October, from an upwardly revised 3.6% gain in the previous month, data...

Manufacturing

Polish Industrial Output Growth Eases in October

Poland's industrial production growth eased to 6.8% year-on-year in October from 9.8% in the previous month, figures from the Warsaw-based...

Automotive

New Nissan Qashqai. A Unique Electrified Experience, Now Unplugged: This is Nissan e-POWER

The new Qashqai is the first model in Europe to be equipped with Nissan's unique e‑POWER drive system. Exclusive to...

Retail

Hungarians Spend More, Buy Less at the Supermarket

Hungarians are spending more at the supermarket but taking home less as inflation stands over 20%, retail chains told news...

Transport

ÖBB Rail Cargo Group Expanding Int’l Network

Rail freight transport has had an extraordinarily crisis-ridden year, but ÖBB Rail Cargo Group (RCG) managed to successfully tackle the...

Manufacturing

Moldova Industrial Output Drops Sharply in September

Industrial production in Moldova shrank 13.4% year-on-year in September, following an upwardly revised 4.1% growth in the previous month, economic...

Retail

Interior of Allee Renewed With Spectacular Design Elements

The renewed interiors of Allee shopping center are characterized by modern design and nature-inspired solutions, with unique interior design ideas....

Deals

Waberer’s Minority Stakeholders Acquire 8.64% in Buyout Offer

Waberer's International minority stakeholders MHB Optimum and High Yield have acquired 8.64% of the listed hauler's shares in a buyout...

Automotive

Szijjártó Meets With BMW Chairman in Munich

Minister of Foreign Affairs and Trade Péter Szijjártó met with BMW Group chairman Oliver Zipse in Munich on Friday, according...

Retail

Budapest Among Europe’s Best Cities for Antique Lovers

Budapest, Hungary, is the tenth-best city for antique lovers in Europe, scoring 7.02 out of 10 in the antique index...

Retail

Christmas Tree Prices Set to Climb Almost 10%

Christmas tree prices in Hungary could rise close to 10pc this season, the Hungarian Ornamental Horticulturist Association told state news...

Automotive

Magyar Suzuki: Courteous Traffic Rules to Make Roads Safer

We can be tense, inattentive, impatient, or aggressive in the car, and many people use the roads as a racetrack;...

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...