Industry

Manufacturing

Poland manufacturing growth rises in October

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

Automotive

BMW to start construction of Hungary plant buildings in 2022

German carmaker BMW will start construction of the first buildings at the site of its plant in Debrecen at the...

Transport

Budapest Airport holds successful emergency exercise

Hundreds of people took part in a simulated rescue event amidst huge smoke and fire during Budapest Airport’s full-scale emergency...

Retail

Internet users to spend over HUF 60,000 on holiday shopping

Hungarians who actively use the internet plan to spend an average HUF 60,400 on gifts this holiday season, more than...

Retail

Latvia retail sales increase in September

Latvia's retail sales grew a calendar-adjusted 3.9% year-over-year in September, figures from the Riga-based Central Statistical Bureau (CSB) showed....

Retail

Slovenia retail trade growth at 5-month high

Retail sales in Slovenia advanced 17.1% year-on-year in September the biggest gain since April, after rising by 12.3% in August,...

Manufacturing

Industrial producer prices up 14% y.o.y. in September

In September 2021, industrial producer prices rose by 14% year-on-year in Hungary, according to data published by the Central Statistical...

Retail

Lithuania retail sales rise in September

Lithuania's retail sales, excluding VAT, increased a working-day adjusted 11.3% year-on-year in September, after a 10.2% rise in August, figures...

Transport

BAHART traveler numbers up 21% 

Traveler numbers on scheduled passenger ferries operated by Balatoni Hajózási (BAHART) had risen almost 21% when the season ended on...

Pharma

Trial results support cariprazine as potential adjunctive treatment 

Hungarian pharmaceutical company Gedeon Richter announced clinical trial results that advance its antipsychotic cariprazine as a potential adjunctive treatment option,...

Automotive

AutoWallis managers awarded ESOP shares 

Managers of AutoWallis were awarded a total of 16.6 million shares from an employee stock ownership plan (ESOP) launched two...

Transport

Polish LOT sues Boeing in U.S. court over design flaws

National carrier LOT Polish Airlines is suing Boeing at a U.S. court over design flaws in its 737 MAX aircraft...

Deals

AgMin, Swiss Krono Kft sign cooperation agreement

The Agriculture Ministry has signed a cooperation agreement with the local unit of Switzerland's Swiss Krono, one of the biggest...

Manufacturing

Bosnia’s Federation industrial output up in September

The industrial output of Bosnia's Federation rose by an annual 10.3% in September, after expanding by 9.1% in August, data...

Automotive

Hybrid, electric car sales in Romania exceed diesel ones in Sept

While this does not reflect the balance on the local Romanian car market yet, more electric and hybrid cars were...

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...