Industry

Automotive

TÜV Rheinland to strengthen presence in Hungary

Innovation and Technology Minister László Palkovics agreed with executives of TÜV Rheinland on a strengthening of the testing and certification...

Deals

4iG signs final agreement to acquire Telenor Montenegro

Listed IT company 4iG on Wednesday said its unit 4iG Montenegro signed a final sale and purchase agreement with PPF...

Automotive

MOL restricts sales of AdBlue amid hoarding

Hungarian oil and gas company MOL on Wednesday said it is placing restrictions on sales of AdBlue, a diesel exhaust...

Retail

Bosnia’s Serb Republic retail sales up in September

Retail sales in Bosnia's Serb Republic rose by a real 11.8% in September, after increasing by 18.2% year-on-year in August,...

Deals

ITM, Huawei sign MoU on long-term cooperation

Hungary's Innovation and Technology Ministry and Huawei Technologies Hungary signed a memorandum of understanding on long-term cooperation in Budapest on...

Pharma

Another 150,000 Pfizer jabs arrive

More than 150,000 doses of the COVID vaccine developed by Pfizer and BioNTech were delivered to Hungary during the week,...

Manufacturing

Lithuania industrial production increases in September

Lithuania's industrial production rose a working-day adjusted 19.6% year-on-year in September, figures from the Vilnius-based Statistics Lithuania (LS) showed on...

Transport

Ferenc Liszt Int’l passenger traffic up 625% y.o.y. in September

Ferenc Liszt International Airport registered some 639,051 passengers in September, up 625% year-on-year, according to a press release sent to...

Automotive

AutoWallis public offering starts 

A public offering of shares of listed car seller AutoWallis started on Monday with a price range of HUF 107-122,...

Retail

Poland September retail sales continue to advance

Retail sales in Poland jumped 11.1% year-on-year in September, following a 10.7% increase in the previous month, figures from the...

Manufacturing

Nitrogénművek, vendors fined HUF 14.1 bln for cartel activity

Hungary's Competition Office (GVH) on Friday said it fined members of Nitrogénművek, the country's sole producer of artificial fertilizer, a...

Automotive

Daimler starts serial production of fully-electric models in Hungary

German vehicle maker Daimler launched production of fully-electric cars at its plant in Kecskemét on Friday, according to a report...

Automotive

Hungarian Chief Engineer Driving Automotive Innovation Forward in Munich

While German automotive companies bring plenty of jobs and considerable investment into Hungary, some highly trained Hungarian professionals contribute significantly...

Manufacturing

Production at Airbus Helicopters plant to start in July 2022

Production at a plant Airbus Helicopters is building in Gyula (194 km southeast of Budapest) will start in July 2022,...

Deals

Venture capital, private equity transactions at HUF 19.8 bln in H1

Venture capital and private equity transactions in Hungary came to more than HUF 19.8 billion in the first half of...

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...