Industry

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...

Retail

NAV: 12 violations after 2,000 filling station inspections

The National Tax and Customs Administration (NAV) has inspected more than 2,000 filling stations since November 15, and the financial...

Automotive

ZalaZONE control center completed for HUF 350 mln

The control center of the ZalaZONE Automotive Test Track in Zalaegerszeg (215 km southwest of Budapest) has been completed with...

Manufacturing

Latvia industrial output jumps in December

Industrial production growth in Latvia jumped to 7.1% year-on-year in December, from the downwardly revised 1.0% in the previous month,...

Deals

Hungary bids to supply Slovakia with Lynx IFVs

Hungary has made a bid to supply Slovakia with Lynx tracked infantry fighting vehicles (IFVs) that Germany's Rheinmetall will make...

Retail

Nearly 75% made online purchases in past year

Around 74% of internet users in Hungary made purchases online in the 12 months prior to a survey conducted in...

Pharma

New Incubator House in Szeged Hosts Cutting-edge Research Center

Science Park Szeged has been selected as the home of the Hungarian Center of Excellence in Molecular Medicine (HCEMM), which...

Manufacturing

Industrial production up 3.6% y.o.y. in December

In December 2021, the volume of industrial production grew by 5.8% year-on-year based on raw data and by 3.6% based...

Manufacturing

Kartonpack shares to be delisted

Shares of packaging company Kartonpack will be delisted from the Budapest Stock Exchange as of February 11, 2022, a resolution...

Retail

Tesco management, unions agree on 10% pay rise

The management of the local unit of UK supermarket chain Tesco has agreed with unions on an average 10% rise...

Manufacturing

Estonia industrial production increases in December

Estonia's industrial production increased in December, led by manufacturing, data from Tallinn-based Statistics Estonia (SE) showed on Wednesday....

Retail

Sales of retail shops grew by 6.2% y.o.y. in December

In December 2021, the volume of sales in retail trade increased by 6.7% according to raw data and by 6.2%...

Automotive

Imported used car registrations climb 7% in Jan

The number of imported used cars registered in Hungary rose 7.2% year-on-year to 10,606 in January, listings site JoAutok.hu said...

Pharma

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

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...

Wizz Air Luton–Sofia Flight Diverted to Budapest After Bomb Threat

A Wizz Air flight from London Luton to Sofia was diverted to Budapest after receiving a bomb threat during the...

Pirelli Cinturato Winter 3 Takes Top Honors in European Tests

As winter approaches, drivers face a familiar question: which tires can provide dependable performance when road conditions start to change?...

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

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...