Industry

Retail

Czech retail sales growth improves in January

The Czech retail sales grew at a faster pace in January after easing in the previous month, data from the...

Automotive

Automotive manufacturing output up 6.8%

The output of automotive manufacturing, the most significant segment of Hungary's industrial sector, rose 6.8% year-on-year in January, after six...

Transport

Ferenc Liszt Int’l passenger traffic up 1,000% y.o.y. in February

According to traffic figures released by Ferenc Liszt International Airport operator Budapest Airport, some 620,199 passengers used Hungary's largest airport...

Pharma

Richter, AbbVie partner to develop new dopamine receptor modulators

Hungarian pharmaceutical company Gedeon Richter announced a collaboration with U.S. peer AbbVie to develop new dopamine receptor modulators that could...

Manufacturing

Schott to spend HUF 28 bln on Lukácsháza base expansion

The Hungarian unit of German company Schott, which makes specialty glass products, plans to spend HUF 28 billion to expand...

Automotive

Mercedes-Benz cuts shift in Hungary as deliveries from Ukraine stop

German carmaker Mercedes-Benz is reducing the number of shifts in some areas of its plant in Kecskemét from three to...

Transport

Volánbusz acquires 164 CNG buses for HUF 15 bln

Volánbusz will put 164 compressed natural gas-fueled buses, acquired at a cost of HUF 15 billion, into service this year,...

Pharma

Richter board proposes HUF 225-per-share dividend

The board of pharmaceutical company Gedeon Richter will propose to shareholders payment of a HUF 225-per-share dividend on last year's...

Transport

Shell introduces HUF 25,000 top-up limit at 106 gas stations

Shell Hungary has introduced a HUF 25,000 top-up limit at 106 gas stations with low-pressure pumps in Hungary, according to...

Transport

Freight volume climbs almost 8% in Q4

Freight volume in Hungary rose 7.8% year-on-year to 75.8 million tonnes in the fourth quarter, state news wire MTI reports,...

Retail

Croatia retail trade growth slows in January

Croatia's retail sales volume rose by 2.0% year-on-year in real terms in January, following a revised 8.5% growth in December,...

Manufacturing

Nitrogénművek suspends ammonia production

Nitrogénművék, Hungary's only producer of artificial fertilizer, on Wednesday said it is temporarily suspending production of ammonia because of higher...

Manufacturing

Latvia industrial output growth eases in January

Industrial production growth in Latvia slowed to 5.9% year-on-year in January, from 7.1% in the previous month, figures from the...

Pharma

Ukraine Crisis: Phoenix Hungary donates medicine to refugees

Pharmaceutical wholesaler Phoenix Hungary is donating around 30,000 packs of medicine and other products to support the Ukrainian people and...

Transport

Varga: HUF 140 bln for road network development

An improved road network will be delivered from an investment of HUF 140 billion, Minister of Finance Mihály Varga said...

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...