Industry

Automotive

Czech car production up by 12% in May

Car production in the Czech Republic increased by 12.8% year-on-year in May to 120,186 vehicles, according to data released by...

Transport

Wizz Air launching Dortmund-Hévíz flight

Hungarian low-fare airline Wizz Air launched a scheduled flight between Dortmund and Hungary's Hévíz-Balaton Airport (190 km southwest of Budapest)...

Pharma

Egis undertakes HUF 7.6 bln capacity expansion 

French-owned Hungarian pharmaceutical company Egis Gyógszergyár will invest HUF 7.6 billion to boost production and packaging capacity at its base...

Retail

First Wolt Market outside Budapest opens

The first Wolt Market unit outside Budapest is now open in Pécs, according to a press release sent to the...

Deals

Bank support for the success of town development projects

An agreement signed yesterday between OTP Bank and the National Association of County Local Governments is looking to contribute to...

Manufacturing

Alstom offering 100 new jobs in Mátranovák

Alstom is offering new long-term domestic job opportunities at its factory in Mátranovák (93 km northeast of Budapest), mainly for...

Manufacturing

Romania industrial production in April falls on year

Romania's industrial production fell by 6.9% year-on-year in April, following an upwardly revised 4.0% drop a month earlier, data released...

Transport

Hungary mulls introduction of German-style discounted transit pass

Hungary's government will weigh the introduction of a discounted public transit pass like Germany's EUR 9 summer travel ticket, Technology...

Transport

Ryanair calls Hungary’s windfall tax “idiotic”

Discount airline Ryanair called on Hungary's Minister of Economic Development Márton Nagy to explain why airlines that reported record losses...

Transport

Budapest Airport passenger traffic surpasses 1 mln in May

Ferenc Liszt International Airport reached its highest passenger volume in two years in May, with passenger traffic exceeding 1 million...

Retail

Bulgaria retail trade growth slows in April 

Bulgaria's retail sales advanced 5.7% year-on-year in April, easing from a 9.6% rise in the previous month, figures from the...

Manufacturing

Rheinmetall-Hungary JV could inaugurate Lynx plant in weeks

A joint venture between German defense industry company Rheinmetall and the state of Hungary could inaugurate a plant that will...

Manufacturing

Slovakia industrial output shrinks in April 

Slovakia's industrial production shrank by 9.6% from a year earlier in April, following a revised 7.2% fall in the previous...

Transport

Passenger transport volume rebounds in Q1

First-quarter passenger transport volume in Hungary rose 69% year-on-year to 4.9 billion passenger-kilometers, but was still 27% under the volume...

Retail

One of Buda’s most popular farmers’ markets goes digital

Czakó Farmer's Market and Mastercard are working together to enable customers to pay electronically at all stalls, whether by instant...

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...