Industry

Automotive

Rába Shareholders Clear Property Sale

Shareholders of listed automotive industry company Rába voted to sell a test track the company no longer uses at an...

Manufacturing

Tamási-Hús Opens HUF 14 bln Expansion

Meat company Tamási-Hús inaugurated a HUF 14 billion expansion at its base in Tamási (135 km southwest of Budapest) on...

Retail

Poland Retail Sales Growth Rises in September

Poland's retail sales growth eased slightly in September, after improving in the previous month, figures from the Warsaw-based Central Statistical...

Transport

BKV to Stop Operation of CNG Buses Due to Energy Prices

The Budapest Public Transport Company (BKV) has decided to temporarily stop operating compressed natural gas-powered buses from November due to...

Manufacturing

Unilever Magyarország Completes Expansion at Ice Cream Plant

Unilever Magyarország has finished a HUF 10 billion expansion at its ice cream plant in Veszprém, doubling its capacity to...

Manufacturing

Festék Bázis Building New Production Hall

Festék Bázis Gyártó és Kereskedelmi Kft. is building a new 300 sqm production hall in Jánosháza (148 km southwest of...

Pharma

Richter to Sell Romanian Wholesale, Retail Businesses

Hungarian pharmaceutical company Gedeon Richter on Friday said it signed an agreement to sell its wholesale and retail businesses in...

Retail

New Food Outlets at the Gobuda Mall

Real estate developer Wing announced the arrival of new food outlets in Gobuda Mall, a shopping center in Budapest that...

Manufacturing

Moldova Industrial Output Rebounds in August

Moldova's industrial production rose 2.4% year-on-year in August, after two consecutive months of declines and compared to a 14.3% drop...

Transport

Gov’t Paves Way for Share Taxi Service

Hungary's government has established the legal conditions for share taxi service, on an experimental basis at the start, state secretary...

Automotive

Used Car Sales Fall Nearly 5% in September

Used car sales in Hungary reached 68,600 in September down from 72,200 a year earlier, listings sited JoAutok.hu said on...

Retail

Pólus Center Retains Popularity 25 Years After Opening

Some 25 years after opening, the number of people visiting Pólus Center each year is almost equal to the total...

Transport

Passenger Traffic at Ferenc Liszt Int’l Shows Early Signs of Weakening

In September 2022, passenger traffic stood at 78% of the pre-COVID September 2019 numbers at Ferenc Liszt International Airport, slightly...

Automotive

AutoWallis Posts Double-digit Growth Across the Board

AutoWallis Group has already exceeded its full-year sales figures for 2021 in several areas in the first nine months of...

Automotive

Toyo Ink Inaugurates HUF 7 bln EV Battery Parts Plant in Hungary

Japan's Toyo Ink inaugurated a HUF 7 billion battery parts plant in Újhartyán, on the outskirts of the capital, on...

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...