Industry

Manufacturing

Latvia industrial production down in August

Latvia's industrial production decreased in August, data from the Riga-based Central Statistical Bureau (CSB) showed on Monday. Industrial production declined...

Retail

Spar launches HUF 1.7 bln local supplier program

Supermarket chain Spar on Tuesday announced the launch of a HUF 1.7 billion program to put the products of small,...

Manufacturing

Poland manufacturing growth slowest since February

Poland's manufacturing sector growth eased for the third month in a row in September, survey data from IHS Markit showed...

Pharma

Another 150,000 Pfizer jabs delivered to Hungary

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

Manufacturing

Czech manufacturing growth slows in September

The Czech Republic's manufacturing sector growth eased in September, survey data from IHS Markit showed on Friday....

Deals

Erste Bank Hungary partners with Deutsche Leasing Hungaria

Erste Bank Hungary has signed an agreement with Deutsche Leasing Hungaria to cooperate on serving clients, Erste Bank Hungary chairman-CEO...

Manufacturing

Pannonia Bio inaugurates HUF 3.5 bln plant

Biorefinery Pannonia Bio inaugurated a HUF 3.5 billion soil improvement plant at its bioethanol base in Dunaföldvár (90 km south...

Transport

Volánbusz calls tenders for buses

State-owned bus company Volánbusz on Monday announced tenders for the delivery of 243 vehicles in 2021 and 2022, according to...

Transport

Flydubai begins direct flights between Dubai and Budapest

Dubai-based airline Flydubai began operating direct flights from Dubai to Budapest and Warsaw on September 30, according to a press...

Automotive

New car sales climb 5% in Jan-Sep

The number of new passenger car registrations in Hungary rose 5% to 95,541 in January-September from the same period a...

Retail

Latvia retail sales ease in August

Latvia's retail sales increased in August, figures from the Riga-based Central Statistical Bureau (CSB) showed on Wednesday. Retail sales grew...

Automotive

VW brand dealer Autocity completes HUF 800 mln investment

VW group brand dealer P'-Autocity (Autocity) inaugurated a close to HUF 800 million investment in Pécs on Friday, according to...

Retail

Serbia’s retail sales rise in August

Serbia's retail sales increased by a real 7.7% year-on-year in August, after posting an 11.1% annual rise in the previous...

Retail

Estonia retail sales increase in August

Estonia retail sales rose in August, data from Tallinn-based Statistics Estonia (SE) showed on Thursday. Retail sales, excluding motor vehicles...

Deals

4iG closes acquisition of Invitech

Listed IT company 4iG on Thursday said it closed the acquisition of peer Invitech after the transaction was cleared by...

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...