Industry

Retail

Bulgaria retail sales rise in December 

Retail sales in Bulgaria advanced 9.4% year-on-year in December, quickening from a 6.7% increase in the previous month, the National...

Manufacturing

Slovakia industrial production increases further in December

Slovakia's industrial production increased more than expected in December, data from the Bratislava-based Slovak Statistical Office (SÚSR) showed on Thursday....

Automotive

Novation Tech announces HUF 1.3 bln base development

Italian-owned Novation Tech, which makes composite parts for the automotive industry, yesterday announced a HUF 1.3 billion development at its...

Manufacturing

Bridgestone marks 15 years in Hungary

Japanese tire maker Bridgestone celebrated the 15th anniversary of its local unit at the Bridgestone base on the outskirts of...

Deals

4iG amends acquisition agreement

Listed IT company 4iG said an agreement on the acquisition of a 51% stake in Israeli satellite company Space-Communication by...

Automotive

Automotive sector output contracts at faster clip in Dec

The output of automotive manufacturing, the biggest segment of Hungary's industrial sector, declined 19.8% year-on-year in December, after a 15.3%...

Retail

Bosnian retail sales up in December

In December, Bosnia's retail sales soared by 17.6% year-on-year in real terms, following an annual increase of 16% in November,...

Transport

Volánbusz puts hydrogen bus into service

A hydrogen bus has been put into service by state-owned Volánbusz on a commuter route on the outskirts of Budapest,...

Deals

Microsec wins contract from German motorway operator

Hungarian IT company Microsec on Thursday said it signed a contract to supply Germany's state-owned motorway operator Die Autobahn with...

Transport

Passenger traffic recovery at Budapest Airport continues

In January 2022, passenger traffic at Ferenc Liszt International Airport stood at approximately 60% of the pre-pandemic level of January...

Retail

Czech Republic retail sales fall in December

Retail trade in the Czech Republic expanded by 3.3% year-on-year in December of 2021, following a downwardly revised 13% jump...

Transport

HUF 200 mln cycle route being built in Baranya County

A bicycle road between the settlements of Szederkény and Bogád (both 200 km southwest of Budapest) in Baranya County will...

Manufacturing

Czech industrial production down in December

The Czech Republic's industrial production dropped in December, after rising in the previous month, preliminary data from the Czech Statistical...

Retail

Tesco accepting all SZÉP Cards for food purchases

Starting this week until May 31, all domestic Tesco stores will accept SZÉP cards issued by OTP, MKB and K&H...

Retail

Slovakia retail sales growth slows in December

Slovakia's retail sales increased at a softer pace in December, figures from the Bratislava-based Slovak Statistical Office (SÚSR) showed on...

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...