Industry

Manufacturing

Industrial production increased by 39.1% y.o.y. in May

In May 2021, the volume of industrial production exceeded by 39.1% the low base level of last year’s May, according...

Transport

Hungarian, Russian, Chinese partners to set up rail cargo JV

Hungarian railway freight company CER Cargo, co-owned by the Hungarian state, will set up a joint venture with RZD Logistics,...

Retail

Romania retail sales growth eases in May

Romania retail sales grew at a softer pace in May, figures from the Bucharest-based National Institute of Statistics (INS) showed...

Retail

Retail sales grew by 5.8% y.o.y. in May

In May 2021, the volume of sales in retail trade, according to both raw and calendar-adjusted data, grew by 5.8%...

Manufacturing

Poland manufacturing growth rises in June

Poland's manufacturing sector growth increased in June, survey data from IHS Markit showed Thursday. The manufacturing Purchasing Managers' Index, or...

Manufacturing

Masterplast withdraws guidance for earnings

Listed Hungarian building materials maker Masterplast withdrew guidance for earnings issued in January because of "better-than-expected" results, the company said...

Retail

N. Macedonia retail trade continues recovery in May

Retail sales in North Macedonia jumped 19.2% year-on-year in May, following a record 23.0% surge in the previous month, data...

Deals

Generali Alapkezelő increases share in AutoWallis to over 3.5%

Generali Alapkezelő has further increased its share in AutoWallis following a record high first-quarter result, having assessed that the listed...

Automotive

New car registrations rise 10% in June

New passenger car registrations rose 10% year-on-year to 11,361 in June, the Hungarian Vehicle Importers Association (MGE) said on Thursday,...

Retail

Croatia retail sales jump in May

Croatia's retail sales volume grew by an annual 16.5% in real terms in May, after rising by 34.4% in April,...

Retail

Latvia retail sales rise in May

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

Pharma

Another 500,000 Pfizer jabs arrive

More than 500,000 doses of the COVID vaccine developed by Pfizer and BioNTech arrived in Hungary this week, the local...

Pharma

EBRD supports Poland’s Polpharma

The European Bank for Reconstruction and Development (EBRD) is providing Polish largest pharmaceuticals producer Polpharma with a PLN 200 million...

Deals

NÚSZ management, union sign wage deal

The management and union of state-owned toll company NÚSZ signed an agreement on Wednesday that will raise base salaries by...

Retail

Lithuania retail sales growth slows in May

Lithuania's retail sales increased at a softer pace in May, figures from Vilnius-based Statistics Lithuania (LS) showed on Monday. Retail...

Pharma

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

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...

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

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,...