Industry

Retail

Aldi expands selection of local dairy products

German discount chain Aldi is expanding its selection of dairy products made with locally produced milk, Aldi Magyarország purchasing manager...

Manufacturing

Poland industrial production increases in October

Poland's industrial production grew 7.8% annually in October, data from the Central Statistical Office (GUS) showed on Monday....

Retail

Christmas tree prices set to rise 10-20%

The price of Christmas trees in Hungary is expected to rise 10-20% this year, lifted by higher transport and labor...

Automotive

39,000 EVs in operation in Hungary

Already 19,000 fully electric and 20,000 rechargeable hybrids, or a total of 39,000 green license plates, have been put into...

Pharma

Ceva-Phylaxia inaugurates biggest refrigerated vaccine warehouse in EU

French-owned Ceva-Phylaxia inaugurated a refrigerated vaccine warehouse, the largest in the European Union, in Monor, on the outskirts of the...

Manufacturing

Moldova industrial output growth quickens in September

Moldova's industrial production surged by 13.7% year-on-year in September, up from a 6.6% rise in the previous month, according to...

Automotive

Car ownership climbs in Hungary

There were 78 passenger cars per 100 households in Hungary last year, up from 54 a decade earlier, consumer durables...

Transport

Budapest Airport passenger numbers up 1,035% y.o.y. in Oct

A total of 712,910 passengers passed through Ferenc Liszt International Airport in October 2021, up nearly 1,035% year-on-year, according to...

Automotive

AutoWallis considering more acquisitions before yearend

Listed car seller AutoWallis could disclose more acquisition news before the end of the year, CEO Gábor Ormosy said in...

Deals

Albania’s EU-harmonized annual inflation slightly slows in October

Albania's annual harmonized index of consumer prices (HICP) rose by 2.5% in October, after advancing by 2.6% in September, the...

Deals

Antenna Hungaria completes acquisition of MVM NET

State-owned terrestrial digital broadcaster Antenna Hungaria has completed its acquisition of telecommunication service provider MVM NET from state-owned energy company...

Transport

Alstom to supply European plants with bogies from Hungary

French rolling stock manufacturer Alstom plans to supply most of its plants in Europe with bogies made in Hungary in...

Retail

EuroCenter to reopen next spring under the name GOBUDA Mall

Following its renovation implemented by Wing, EuroCenter shopping mall will welcome shoppers from spring 2022 with an almost completely new...

Automotive

Magyar Suzuki’s 1st patent registered, EUR 38.1 mln in investments made in 2020

Having originally started as a weaving factory, Suzuki is now a global leader in automotive, marine engine, and motorcycle manufacturing,...

Retail

Fewer Poles visit shopping malls than before pandemic

Poles do not visit shopping centers as eagerly as before the pandemic, reported the Polish News Agency....

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...