Industry

Transport

Wizz Air Fleet Reaches 170 Planes

With the delivery of a new Airbus A321neo, discount airline Wizz Air's fleet has reached 170 planes, according to a...

Manufacturing

Hungarian Defense Forces Inaugurate 1st Lynx Fighting Vehicle

The Hungarian Defense Forces inaugurated the first Lynx infantry fighting vehicle at a swearing-in ceremony of reservists, according to portfolio.hu....

Deals

Waberer’s Buyout Offer Cleared

A buyout offer for listed Hungarian hauler Waberer's International has been cleared, the company announced late Monday, according to a...

Deals

MVM Signs EUR 250 mln Credit Deal with Chinese-Owned ICBC Austria

State-owned energy group MVM on Friday said it signed a EUR 250 million, mid-term general financing agreement with ICBC Austria,...

Deals

4iG to Boost Stake in Software Developer Innobyte

Listed IT company 4iG on Friday said it entered into agreements to raise its stake in software developer INNObyte from...

Automotive

AutoWallis Group Heading in Fresh Directions: Austria and Online Sales

The AutoWallis Group is opening up to online sales and Western Europe markets, with a significant acquisition and business development...

Automotive

Speeding Automotive Sector Lifts Industrial Output but Future ‘Uncertain’

The automotive sector, Hungary’s leading manufacturing segment, has shown accelerated growth recently, boosting the headline industrial figure. While the improved...

Deals

Gov’t Signs Strategic Cooperation Agreement with Alstom

Hungary's government signed a strategic cooperation agreement with French rolling stock manufacturer Alstom on Friday, the Ministry of Foreign Affairs...

Automotive

Automotive Industry Output up 58% y.o.y. in August

The output of the automotive industry, Hungary's most significant manufacturing sector, rose 58% year-on-year in August, albeit from a low...

Retail

E-Commerce Reverses Downwards Trend

The e-commerce market is recovering after a six-month malaise and is back on the growth track, according to profitline.hu....

Manufacturing

Slovak Industrial Output Falls 2% in August

Industrial production in Slovakia shrank by 2% from a year earlier in August, following a 6.5% slump in the previous...

Transport

Volánbusz Drivers Could Strike Next Week

Several hundred employees gathered in front of Volánbusz headquarters in Budapest on Monday to answer the call of the Solidarity...

Manufacturing

Wellis Announces Layoffs as Hot Tub Market ‘Freezes’

Hungarian hot tub maker Wellis on Tuesday announced an extraordinary reduction in capacity along with layoffs amid a sharp fall...

Retail

1,450 Convenience Stores Renovated Under Village Program

Some 1,450 convenience stores in small settlements in Hungary have been renovated with the help of the government's Hungarian Village...

Manufacturing

Czech Industrial Production Growth Accelerates in August 

The Czech Republic's industrial production climbed a working-day adjusted 7.2% year-on-year in August, well above the 0.9% rise in July,...

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...