Industry

Pharma

COVID vaccination days at hospitals on Fridays only 

Due to the retreat of the pandemic and the high vaccination rate, there will be vaccination days at hospital checkpoints...

Automotive

Annual compulsory vehicle insurance premiums down 0.4%

Hungarian motorists' annual compulsory vehicle insurance premiums inched down 0.4% year-on-year in the first quarter on a steep drop in...

Retail

Diageo Celebrates 20 years in Budapest

Diageo, a leading company in the production and distribution of alcoholic beverages, has celebrated its 20th anniversary in Budapest with...

Deals

Pannonia Bio Says it Continues to Invest in Biorefinery Future

Despite a challenging year, the owner of Europe’s largest biorefinery says it is continuing transformative investments into food chain resilience...

Transport

Freight volume falls almost 4% in Q1

Freight volume in Hungary fell 3.7% year-on-year to 69.9 million tonnes in the first quarter, state news wire MTI reports,...

Manufacturing

Continest Technologies doubled turnover in 2021

Continest Technologies, a company that develops and manufactures unique foldable container technology, closed the year 2021 with a total revenue...

Transport

Waberer’s to pay HUF 1.2 bln in windfall tax in 2022

Listed Hungarian hauler Waberer's International on Thursday said it expects to pay HUF 1.2 billion this year on a windfall...

Manufacturing

Industrial production up 3.1% y.o.y. in April

In April 2022, the volume of industrial production grew by 3.1% year-on-year in Hungary, according to a first reading of...

Retail

Czech retail sales up in Apr, avg. real monthly wages fall in Q1

The Czech Republic's retail sales growth accelerated for the second straight month in April, data from the Czech Statistical Office...

Transport

Wizz Air full-year losses grow

Hungarian low-fare carrier Wizz Air racked up a EUR 642.5 million loss in its business year ended March 31, widening...

Retail

Romanian retail sales slow in April

Retail sales in Romania grew by 3.7% year-on-year in April, slowing from an upwardly revised 5.6% gain a month earlier,...

Manufacturing

Latvia industrial production grows in April

Latvia's industrial production expanded at the start of the second quarter, driven by strong growth in manufacturing output, data from...

Automotive

Gloster wins EUR 700,000 Audi contract

Listed Hungarian IT company Gloster on Tuesday said it won a EUR 700,000 software development contract from German car maker...

Manufacturing

Estonia industrial production growth slows in April

Estonia's industrial production increased at a softer pace in April, led by growth in manufacturing and electricity production amid a...

Pharma

Béres: HUF 20.3 bln in sales last year

According to the summary report of Béres Gyógyszergyár Zrt., in 2021, the company achieved a net sales revenue of HUF...

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...