Industry

Transport

Gov’t Awards Around HUF 800 mln in E-bike Subsidies

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

Manufacturing

Slovakia’s Slovalco to Shut Down Primary Aluminium Production 

The Slovalco aluminum plant in Ziar nad Hronom, in Slovakia's Banska Bystrica region, will definitely halt its production of primary...

Retail

Rabbit Meat Sales in Hungary on the Rise

Sales of rabbit meat at big supermarket chains in Hungary have risen sharply since the Agriculture Ministry launched its first...

Retail

Lego Playsets Now Available in Euronics Stores Nationwide

Euronics and the Lego Group have entered into a long-term partnership. Under the partnership, a selection of creative Lego playsets...

Manufacturing

Romania Industrial Production Falls in June

Romania's industrial production decreased in June due to falls in manufacturing output and electricity, data from the Bucharest-based National Institute...

Transport

Budapest Airport Starts HUF 7.4 bln Infrastructure Development Program

Ferenc Liszt International Airport operator Budapest Airport has announced the start of a major taxiway and runway refurbishment project this...

Retail

Bulgaria’s Retail Sales Flattish in June

Bulgaria's retail sales at constant prices, except for motor vehicles and motorcycles, inched down 0.1% year-on-year in June, the National...

Manufacturing

Slovak Industrial Output Slips in June

Industrial production in Slovakia slumped by 5.7% from a year earlier in June, following a 1.1% rise in the previous...

Manufacturing

Thinking Big: South Korean Investments in Hungary

South Korea is the fifth largest investor in the country, and its activity in the EV segment, in particular, could...

Manufacturing

CATL Building EUR 7.3 bln Factory in Debrecen

Mercedes-Benz Group AG will join China’s Contemporary Amperex Technology Co. Ltd. (CATL) in building a battery factory in Debrecen with...

Retail

Weakened Exchange Rate Boosts Domestic E-Commerce

The weakened exchange rate has increased demand for goods purchased on domestic webshops, according to webshop expert Ferenc Surányi, managing...

Deals

Navracsics Tells Guardian RRF Agreement Within Grasp

Hungary’s chief negotiator with the European Union, Tibor Navracsics, told the Guardian that believed an agreement on the COVID recovery...

Transport

Wizz Air to Hire Over 100 Flight Attendants in Romania

Hungarian low-cost carrier Wizz Air announced it will organize 21 recruitment sessions in August and September in seven cities in...

Transport

Waberer’s Q2 Income Fell 59% y.o.y.

Second-quarter net income of listed Hungarian hauler Waberer's International fell 59% year-on-year to EUR 2.5 million as margins narrowed, according...

Manufacturing

Fin. Min. Mihály Varga Inaugurates Vajda-Papír’s Dunaföldvár Mill

Household and hygiene paper maker Vajda-Papír Kft. has expanded its production facilities in Dunaföldvár (about 95 km south of Budapest...

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...