Industry

Retail

Most Hungarians buy produce at supermarket

Around 73% of Hungarians buy their fruit and vegetables at supermarket chains, rather than at produce stores or markets, news...

Manufacturing

Poland manufacturing growth weakens unexpectedly in January

Poland's manufacturing sector growth unexpectedly weakened in January, survey data from IHS Markit showed on Tuesday....

Transport

Air Canada to resume direct Budapest-Toronto flights from May to Oct

Air Canada is set to resume direct flights between Budapest and Toronto, from May to October 2022, with the Canadian...

Deals

CPIPG signs deal on acquiring 17.5 mln Immofinanz shares

This week, CPIPG and CEE Immobilien GmbH, a wholly-owned subsidiary of S Immo AG, signed an agreement concerning the acquisition...

Retail

Serbian retail trade, industrial production up in December

Serbian retail trade turnover in December was up by 22.7% year-on-year in current prices and up by an annual 11.2%...

Manufacturing

Croatia industrial output growth rises in December

Croatia's industrial output grew by 6% year-on-year in December, following a 3.7% increase in the previous month, data from the...

Retail

Croatia retail sales volume up in December

Croatia's retail sales grew 8.5% year-on-year in December, advancing from a 5.2% rise in the previous month, the Zagreb-based Central...

Manufacturing

Industrial producer prices up 22.3% y.o.y. in Dec 2021

In December 2021, industrial producer prices were 22.3% higher on average than a year earlier, according to data released by...

Retail

Latvia retail sales rise in December

Latvia's retail sales gained a calendar-adjusted 8.3% year-over-year in December, figures from the Riga-based Central Statistical Bureau (CSB) showed on...

Manufacturing

Bosnia industrial output up 10.7% in 2021

Bosnia and Herzegovina's industrial production increased by 10.7% last year, after a decline by 6.2% in 2020, data from the...

Deals

4iG scraps TeleGroup stake acquisition term sheet 

Listed Hungarian IT company 4iG on Friday said a preliminary, non-binding agreement it signed in September to acquire 70% stakes...

Pharma

Semmelweis Uni partnering with AstraZeneca

Semmelweis University, Hungary's top medical school, and the Hungarian unit of AstraZeneca signed a strategic partnership agreement, the British-Swedish pharmaceutical...

Retail

Toy seller Regio Játék’s sales climb over HUF 16 bln in 2021

Sales of Hungarian toy seller Regio Játék rose 14% to more than HUF 16 billion last year, the company said...

Transport

Wizz Air losses grow as revenue per passenger falls

Hungarian low-fare carrier Wizz Air on Wednesday reported a loss of EUR 267.5 million for the third quarter of its...

Transport

Russia considering financing V0 freight railway bypass

Russia is ready to consider financing the V0 freight railway bypass around Budapest, as well as sharing its experience and...

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...