Industry

Pharma

Hungary to get Sputnik tech by year-end

Hungary will get the technology necessary for making Russia's Sputnik V COVID jab at the national vaccine plant it is...

Automotive

Most Hungarians only look at Highway Code as guideline

Hungarians consider the country's traffic culture to be immature, in most of the cases explaining the high number of accidents...

Pharma

Another 150,000 Pfizer vaccines delivered to Hungary

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

Transport

Wizz Air to move more aircraft to Ukraine

Hungarian low-fare carrier Wizz Air on Wednesday said it is moving seven of its new aircraft to airports in Kiev...

Deals

CyBERG seeks up to HUF 2 bln in investment

Digital platform developer CyBERG, listed on the Budapest Stock Exchange's Xtend platform for SMEs, said it is looking for up...

Manufacturing

Slovak industrial output rises in August

Slovakia's industrial production increased 0.8% year-on-year in August, easing from a 7.8% jump in the prior month, data released by...

Deals

4iG unit to acquire controlling stake in Spacecom

Listed IT company 4iG on Tuesday announced a binding agreement under which its unit Hungaro Digitel will acquire a 51%...

Retail

Czech retail sales surge in August

The Czech retail sales accelerated by a working-day 9.3% year-on-year in August, after a 5.1% growth in July, data from...

Transport

Increased roadside inspections this week

Based on the annual audit plan of the ROADPOL Operational Group (Operations Group of the European Transport Police Bodies), the...

Transport

Europe’s 1st 5G railway terminal being built at East-West Gate

A unique technology development project in rail logistics is underway at the East-West Gate Intermodal Terminal (EWG) which is being...

Transport

Wizz Air opens base in Venice

Discount airline Wizz Air announced the opening of its seventh Italian base, at Venice Marco Polo airport this week....

Deals

EBRD to acquire stake in Bulgaria’s Euroins Insurance Group

The European Bank for Reconstruction and Development said it has signed an agreement to acquire a minority stake in Bulgaria's...

Manufacturing

Industrial production up in August

In August 2021, the volume of industrial production grew by 2.6% year-on-year, according to raw data. Based on working-day adjusted...

Retail

Bicycle sales could rise 10-15% this year

Bicycle sales in Hungary could rise 10-15% this year, the head of bicycle makers and sellers association MKKSZ said in...

Retail

Retail sales up 4.1% y.o.y. in August

In August 2021, the volume of sales in retail trade increased by 4.6% according to raw data and by 4.1%...

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...