Industry

Retail

Soft drink, mineral water sales volume rises 3% in Q1-Q3

Sales volume in Hungary of mineral water, carbonated beverages, juice and iced tea reached 1.912 billion liters in Q1-Q3, edging...

Deals

Rheinmetall acquiring 25% stake in 4iG

German defense industry company Rheinmetall has signed a non-binding agreement to acquire a 25.1% stake in listed Hungarian IT company...

Deals

OTT-ONE shareholders approve accountant

Shareholders of listed IT company OTT-ONE approved the selection of a new accountant - after a search that lasted months...

Retail

Retailers Optimistic for Black Friday, Despite Mixed Messages

Until recently, Black Friday and the Christmas season were the most anticipated for the retail sector, as these few weeks...

Transport

E-toll payment system to go offline early tomorrow

Hungary's national electronic toll payment system will go offline for an upgrade between 1 a.m. and 5 a.m. on Sunday,...

Pharma

Another 240,000 doses of Pfizer COVID vaccine delivered

More than 240,000 doses of the COVID vaccine developed by Pfizer and BioNTech were delivered to Hungary during the week,...

Automotive

E-car Sharing Needs Extra Boost to Become a Viable Solution

With the rate of urbanization growing, private vehicle ownership rising, and mobility needs and habits evolving in complexity, Budapest and...

Transport

Budapest steps up airport shuttle bus service

The Budapest Public Transport Center (BKK) will operate a more frequent airport shuttle bus service from Friday to accommodate an...

Retail

MOL starts building motorway gas stations in Romania

The Romanian unit of Hungarian oil and gas company MOL on Thursday announced the start of construction of six motorway...

Retail

Holiday candy sales to decline in volume, rise in value

Hungarian candy manufacturers expect sales of holiday candy to decline in volume but rise in value terms this year, daily...

Automotive

AutoWallis completes technical handover of new Jaguar, Land Rover showroom

The Jaguar and Land Rover brands’ newest car dealership and service center, represented by the AutoWallis Group, located at the...

Manufacturing

Lithuania industrial production up in October

Lithuania's industrial production rose a working-day adjusted 22.6% year-on-year in October, figures from Statistics Lithuania (LS) showed on Tuesday....

Retail

Poland retail sales surge in October

Poland's retail sales grew 6.9% year-on-year in October, following a 2.3% rise in the same month last year, data released...

Automotive

Trading in new AutoWallis shares starts on BSE

The newly issued shares of listed car seller AutoWallis are traded in the Premium Category of the Budapest Stock Exchange...

Pharma

Around 10 mln COVID jabs available in Hungary

Around 10 million jabs of coronavirus vaccine are available in Hungary, Gergely Gulyás, the head of the Prime Minister's Office,...

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...