Industry

Retail

Slovakia retail sales growth eases, jobless rate falls

Slovakia's retail sales increased 1.5% year-on-year in July, after a 6.6% rise in June, figures from the Slovak Statistical Office...

Manufacturing

Masterplast upgrades guidance

Listed Hungarian building materials maker Masterplast on Tuesday upgraded guidance for 2021 amid "outstanding growth" in demand....

Manufacturing

Croatia industrial output growth slows in July

Industrial production in Croatia rose 3.9% year-on-year in July, easing from a downwardly revised 8.2% gain in the previous month,...

Retail

Bosnia retail trade jumps in July

Retail sales in Bosnia and Herzegovina increased 28.4% year-on-year in July, higher than a 13.5% rise in the previous month...

Manufacturing

Estonia industrial production rises in July

Estonia's industrial production rose a working-day adjusted 10% year-on-year in July, data from Statistics Estonia (SE) showed on Thursday....

Pharma

Hungary lays cornerstone of nat’l vaccine plant

Central government and local officials laid the cornerstone of the National Vaccine Plant in Debrecen on Sunday, according to a...

Deals

CFI merges with BDO

CFI Hungary Zrt., a corporate financial consulting company, has joined BDO Hungary, which provides accounting, auditing, and consulting services, according...

Deals

Indotek starts talks for Auchan minority stake

Hungary's Indotek Group has started exclusive talks with ELO, the holding company of France's Auchan, on strengthening cooperation, possibly through...

Retail

Lidl launches trademark for locally made products

Discount supermarket chain operator Lidl Hungary launched its trademark for locally made products on September 1, the company said, according...

Automotive

AutoWallis H1 revenue climbs 156%

Organic growth and acquisitions lifted first-half revenue of listed car seller AutoWallis 156% to HUF 97.7 billion from the same...

Retail

Retail sales up 3% y.o.y. in July

In July 2021, the volume of sales in retail trade increased by 2.5% according to raw data and by 3%...

Manufacturing

Czech manufacturing PMI eases in August

The Czech Republic manufacturing Purchasing Managers' Index (PMI) fell to a four-month low of 61 in August, from 62 in...

Deals

Erste acquires Random Capital

Erste Befektetési, the investment arm of Austrian-owned Erste Bank, has acquired Random Capital, making Erste the biggest broker on the...

Manufacturing

N. Macedonia industrial output shrinks in July

Industrial production in North Macedonia dropped 0.6% from a year earlier in July, following the 9.5% gain in the previous...

Transport

Wizz Air to make COVID vaccination mandatory for cabin crew

Hungarian low-fare airline Wizz Air will require all cabin crew to be vaccinated against the coronavirus from December 1, the...

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...