Industry

Transport

Motorists bought 162,000 annual motorway stickers in December

Motorists purchased nearly 162,000 annual motorway vignettes in December valid for 2022, toll operator NÚSZ said yesterday, according to novekedes.hu....

Manufacturing

Poland manufacturing growth rises unexpectedly in December

Poland's manufacturing sector growth unexpectedly improved in December, survey data from IHS Markit showed on Monday. The manufacturing Purchasing Managers'...

Pharma

Hungary gets 2nd delivery of COVID jabs for children

The second delivery of the Pfizer-BioNTech coronavirus vaccine for children aged 5 to 11 has arrived in Hungary, the local...

Automotive

AutoWallis appoints new director to head subsidiary

Starting from January, the AutoWallis subsidiary Wallis Motor Pest and Duna will be led by a new managing director: Sándor...

Transport

Wizz Air passenger numbers climb over 30% in 2021

Wizz Air's passenger numbers rose 30.3% to 21,722,799 in 2021, the low-fare Hungarian airline said on Tuesday, according to a...

Automotive

Suzuki leads domestic new passenger car market in 2021

With 17,650 passenger cars registered, Suzuki reached a 14.48% market share on the domestic new passenger car market in 2021,...

Retail

Aldi Magyarország raises wages by 8% across the board

The local unit of German discount chain Aldi has raised wages for its staff by 8% from January 1, Aldi...

Deals

Croatia hits pause on INA buyout

Croatia's government has decided to suspend efforts to buy out Hungarian oil and gas company MOL's stake in Croatian peer...

Retail

Hungary to expand use of SZÉP voucher cards

The government will expand the use of the national SZÉP recreational voucher cards to food purchases from February, Prime Minister...

Manufacturing

Schneider Electric expands regional procurement center in Budapest

Schneider Electric is expanding its regional procurement center in Budapest, which has been operating since 2017, and the number of...

Transport

LOT restarting direct Budapest-New York flight from June

LOT Polish Airlines has announced that it will re-launch direct flights between Budapest and New York from June 2022....

Transport

Budapest Airport spends millions of HUF on donations in 2021

Budapest Airport was preparing to hold its annual Christmas party again this year, but due to the new wave of...

Transport

Tungsram sets up aircraft engine parts repair unit

Hungarian lighting company Tungsram on Tuesday announced the establishment of a unit to repair aircraft engine parts, according to a...

Manufacturing

Ganz makes transformers for Acciona Energía’s renewable project

Domestically owned Ganz Transformers and Electric Rotating Machines Ltd. has successfully participated in another significant international tender, manufacturing two 50...

Transport

Budapest Airport signs EUR 325 mln green financing deal

Budapest Airport Zrt. has concluded its first ESG-based financing agreement, i.e. one that is responsible from an environmental, social, 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...