Industry

Retail

Estonia retail sales increase in March

Estonia's retail sales rose in March mainly due to stores selling manufacturing goods, data from the Tallinn-based Statistics Estonia (SE)...

Manufacturing

Industrial producer prices up 25.9% y.o.y. in March

Industrial producer prices were 25.9% higher on average in March 2022 than a year earlier, according to data published by...

Transport

Békéscsaba awards HUF 1.5 bln airport contract 

Members of the local council of Békéscsaba (200 km southeast of Budapest) voted unanimously last week to award a close...

Retail

Slovenia’s retail sales rise in March

Slovenia's retail sales rose by 25.5% in March, after growing 21.7% in February, data from the Ljubljana-based Central Statistical Bureau...

Manufacturing

Apollo’s Gyöngyöshalász Factory Could Double Production Capacity, add 100s of Jobs

Hungary is in the running for a new Apollo Tyres investment worth at least EUR 100 million, with a final...

Pharma

Richter partner drug approved in Canada 

Hungarian pharmaceutical company Gedeon Richter yesterday said its partner AbbVie announced the approval of the antipsychotic Cariprazine, sold under the...

Automotive

NAV busts tire import tax dodgers

The National Tax and Customs Administration (NAV) has apprehended a criminal gang involved in the tire trade, writes hrportal.hu....

Manufacturing

Tungsram to cease production of conventional lighting

Hungary's Tungsram will cease production of conventional lighting and lay off 1,600 people by year-end as a result, the company...

Manufacturing

Lithuania industrial production expands in March

Lithuania's industrial production increased in March, led by the growth in manufacturing and electricity output, figures from the Vilnius-based Statistics...

Deals

CE LAND, NAI Global establish strategic partnership

The Hungarian CE LAND group of companies and NAI Global from the United States are forming a strategic alliance, and...

Retail

Poland retail sales growth slows in March

Poland's retail sales growth eased in March, figures from Warsaw-based Central Statistical Office (GUS) showed on Friday....

Manufacturing

Slovenia’s avg producer prices rise in March

Slovenia's industrial producer prices rose by 17.9% year-on-year in March, after increasing by 16.5% in the previous month, the Ljubljana-based...

Automotive

Local automakers feeling squeeze

The operations of Hungary's biggest automakers have been impacted by the global chip shortage, a parts squeeze due to the...

Automotive

Rába issues profit warning

Listed automotive industry company Raba said late Wednesday that it could report a consolidated first-quarter operating loss of "nearly HUF...

Pharma

Hungarians Loyal to Their Doctors, Prepared to pay for Better Care

Price and geographical proximity are not the only factors that determine the choice of a doctor or clinic, according to...

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...