Industry

Manufacturing

Masterplast expands to Italy

Listed Hungarian building materials maker Masterplast on Wednesday announced its expansion onto the Italian market, according to a report by...

Manufacturing

Slovakia industrial output shrinks in February

Industrial production in Slovakia fell by 0.2% year-on-year in February, after three consecutive months of growth and against market expectations...

Deals

Otthon Centrum to acquire majority stake in Open House

Real estate broker Otthon Centrum has agreed to acquire a majority stake in a holding company established by peer Open...

Transport

Passenger traffic at Ferenc Liszt Int’l up 1,170% y.o.y. in March

The recovery of passenger traffic continued in March at Ferenc Liszt International Airport, with 796,000 travelers using the airport, according...

Retail

Bulgaria retail sales, industrial production slows in Feb

Bulgaria's retail sales climbed 6.6% from a year earlier in February, compared to an 11.1% gain in the previous month,...

Retail

6th Wolt Market unit opens in Budapest

Wolt Market has opened its sixth unit in Budapest and will open more units in rural areas in the near...

Transport

9 out of 10 Budapest residents have heard of car-sharing

Almost 9 out of 10 Budapest residents have heard of car-sharing, and some 40% of people living in Budapest have...

Deals

4iG acquisition of Antenna Hungária stake registered

Listed IT company 4iG's acquisition of a majority stake in telecommunications company Antenna Hungária from the state of Hungary through...

Retail

Share of Hungarian foodstuffs edges up to 71.3% at retailers

The share of Hungarian foodstuffs at major retail chain operators edged up to 71.3% last year from 70.5% in 2020,...

Retail

Spar plows over HUF 6.5 bln into store upgrades, addition

Supermarket chain Spar has spent more than HUF 6.5 billion to open a new unit and renovate existing stores in...

Manufacturing

Soaring gas Prices Disrupt Hungarian Fertilizer Manufacturing

Like some other fertilizer manufacturers in Europe, Hungary’s Nitrogénművek has temporarily halted ammonia production and may soon stop fertilizer production...

Manufacturing

77 Elektronika Kft. Launches Continuous Glucose Monitoring System

Diabetics and their physicians will be able to get a more detailed picture of the body’s sugar metabolism thanks to...

Manufacturing

Manufacturing Sector Sees Capacity Expansions in March

The Hungarian manufacturing sector has seen its fair share of recent investments in capacity expansions. These activities indicate a healthy...

Transport

ITM calls HUF 51 bln tender for electric bus procurement

The Ministry of Innovation and Technology (ITM) is calling a HUF 51 billion tender for the procurement of electric buses...

Retail

Romania retail sales growth eases in February

Romania retail sales rose by a working-day adjusted 8.5% year-on-year in February, after a 9.7% increase in January, figures from...

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...