Industry

Retail

Wing Sells Family Center Mall in Szobathely

Property development firm Wing has sold the Family Center shopping mall to the Unione Investment Group....

Retail

Serbian Retail Sales Rise in July

Serbia's retail sales increased by a real 4% year-on-year in July, after recording a 4.8% annual rise in June, the...

Automotive

AutoWallis Closes H1 With Strong Growth

In the first half, the growth of AutoWallis’s profits exceeded even its 34% increase in revenue, leading the listed vehicle...

Retail

Croatia Retail Trade Growth Slows in July 

Croatia's retail sales volume rose by a real 3.3% on the year in July, following an increase of 3.8% in...

Manufacturing

Ganz Delivers Custom-Designed Generator Unit to Egypt

Ganz Transformers and Electric Rotating Machines successfully delivered a special, completely custom-designed generator set for the Egyptian Financial & Industrial...

Manufacturing

N. Macedonia’s Industrial Producer Prices up in July

North Macedonia's industrial producer prices increased 24.8% year-on-year in July, after rising 21.9% in June, the Skopje-based State Statistical Office(Makstat)...

Retail

Latvia Retail Sales Rebound in July

Latvia's retail sales increased slightly in July, after falling in the previous month, figures from the Riga-based Central Statistical Bureau...

Retail

Lithuania July Retail Sales Fall on Year 

Retail sales in Lithuania dropped 4.8% year-on-year in July, following a downwardly revised 4.1% fall in the previous months, figures...

Transport

AirConnect to Launch Direct Flights from Romania to Budapest

Romania's AirConnect will operate direct flights between Cluj-Napoca and Budapest and between Bucharest and Budapest, according to a report by...

Automotive

Average Age of Cars in Hungary Surpasses 15 Years

The average age of cars in Hungary climbed to 15.1 years by the end of H1 2022 from 14.8 years...

Transport

Concession Winners to Take Over Operation of 1,237 km of Motorway

The operation of 1,237 km of dual carriageways in Hungary will be transferred to five companies as the result of...

Retail

Clothes, School Supplies Biggest Back-to-school Expense for Families

Hungarian parents attach great importance to the education of their children and are willing to spend extra on it, according...

Manufacturing

Bosnian Industrial Output Falls in July 

Industrial production in Bosnia and Herzegovina tumbled by 1.4% year-on-year in July, following an upwardly revised 1.1% increase in the...

Transport

Budapest-Balaton Bike Path Completed

A stretch of the Budapest-Balaton (BUBA) cycle path, between Székesfehervar and Balatonakarattya, was inaugurated on Friday, completing the route between...

Transport

Wizz Air to Launch 3 Flights to Saudi Arabia in 2023

Discount airline Wizz Air has announced that it will launch three flights from Budapest to Saudi Arabia next year....

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...