Industry

Transport

Hódút wins HUF 107 bln contract to build last stretch of M44

Hódút could build the last stretch of the M44 dual carriageway connecting to the M5 motorway in Kecskemét at a...

Manufacturing

Nestlé sets up Southern-Eastern Europe market division

Swiss-based food and drink group Nestlé is creating a new regional division that will merge its operations on the market...

Retail

Bulgaria retail sales rise in November

Bulgaria's retail sales at constant prices grew by 6.7% year-on-year in November, after adding an annual 7.6% in the previous...

Automotive

Audi Hungaria makes fewer engines, more vehicles in 2021

Engine output of the local unit of German carmaker Audi fell in 2021 while the plant's vehicle output increased, the...

Manufacturing

Industrial production increases in November

In November 2021, the volume of industrial production grew by 2.6% compared to the same month of 2020, according to...

Retail

Romania retail sales rise in November 

Retail sales in Romania rose by 5.5% in November compared to the same month in the previous year, after a...

Manufacturing

Czech industrial production rises in November

The Czech Republic's industrial production rose a working-day adjusted 1.6% year-on-year in November, after a 4.9% decline in October, figures...

Transport

Wizz Air among top 10 safest low-cost airlines

Discount airline Wizz Air has again been ranked among the top 10 safest low-cost airlines in AirlineRatings' 2022 safety ranking,...

Retail

Retail sales up 3.8% y.o.y. in November

In November 2021, the volume of retail trade in both raw and calendar-adjusted data was 3.8% higher than in the...

Deals

MOL to acquire Lotos petrol stations in Poland

Hungarian oil and gas company MOL will acquire the Lotos petrol stations in Poland, news agency MTI writes, citing a...

Automotive

Toyota adjusted new car market share over 13% in Hungary

Japanese carmaker Toyota sold 13,979 new passenger cars in Hungary last year, excluding vehicles that were re-exported, making it market...

Pharma

Hungary receives Sputnik Light vaccines for testing

Hungary has received 80 doses of Russia's Sputnik Light COVID-19 vaccine so that the country's National Public Health Center (NNK)...

Manufacturing

Industrial producer prices up 21.6% y.o.y. in November

Industrial producer prices were 21.6% higher on average in November 2021 than a year earlier, with the price rise of...

Automotive

Competition authority clears AutoWallis’s acquisition of Avto Aktiv

The Slovenian competition authority has granted its approval for AutoWallis to purchase Avto Aktiv’s activities and real estate properties, according...

Automotive

Ford leads Hungary LCV market

Ford led Hungary's light commercial vehicle market last year, selling 6,559 vehicles to give it a 28.54% market share, Ford...

Pharma

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

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...

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

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,...