Industry

Automotive

Kia Leads Hungary EV market

South Korea's Kia led Hungary's electric vehicle market in the first half of the year, selling 321 cars to give...

Transport

Ryanair Appeals Consumer Protection Fine

Irish low-cost carrier Ryanair said yesterday it had appealed to the courts after Hungary fined it for passing on to...

Automotive

Rába Books H1 Loss as Margins Narrow, Financial Loss Weighs

Hungarian automotive industry company Rába booked a first-half loss of HUF 252 million as inflation squeezed margins and financial losses...

Manufacturing

Lithuania Industrial Production Grows in July

Lithuania's industrial production logged a sharp expansion in July, largely driven by robust output growth in the power sector, data...

Retail

EMAG Switching to Regional Branding and Slogan

After reaching the final milestone of the merger between eMAG and Extreme Digital in May, the two companies have now...

Transport

Budapest Bike Share Ride Numbers Reach 3 mln

Budapest's upgraded MOL Bubi bike-sharing scheme has been used 3,000,000 times since its re-launch in the spring of 2021, BKK...

Retail

Poland Retail Sales Growth Slows Further in July

Poland's retail sales growth eased for the third straight month in July, figures from Warsaw-based Central Statistical Office (GUS) showed...

Transport

MÁV-Start Mulls Hydrogen-powered Multiple Units

MÁV-Start, the passenger business of state-owned railway company MÁV, has launched market research necessary for the procurement of hydrogen-powered multiple...

Manufacturing

Poland Industrial Output Growth Slows in July 

Poland's industrial production grew 7.6% annually in July, following a 10.4% increase in June, data from the Central Statistical Office...

Pharma

ELKH Researchers Win U.S. Grant for Cariprazine Project

Researchers of the Eötvös Loránd Research Network (ELKH) have won a USD 413,000 grant from the United States National Institutes...

Transport

Consumer Protection Procedure Launched Against Wizz Air

A consumer protection procedure has been launched against low-fare carrier Wizz Air amid a growing number of complaints, the Justice...

Deals

4iG Looking to Buy Vodafone Hungary Jointly With Hungarian State

4iG Nyrt. (4iG), Corvinus Zrt., representing the Hungarian State, and the Vodafone Group have agreed on heads of terms for...

Automotive

HUF 800 mln Awarded in EV Subsidies

Some HUF 800 million in subsidies for the purchase of bicycles with auxiliary electric motors has been awarded to 57,774...

Automotive

Hungarians Among Least Trustful of Used Car Dealers

Buyers trust used car sellers the least in Bulgaria, followed by Hungary, Lithuania and Estonia, according to a survey with...

Automotive

Used Car Market: Almost Half a Million Sales in Jan-Jul

According to preliminary data from DataHouse, 498,800 cars had changed hands in the domestic used car market by the end...

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...