Industry

Deals

Lead Ventures signs strategic coop deal with Plug and Play

Lead Ventures enters into cooperation with U.S.-based Plug and Play, which created the world’s largest corporate innovation and acceleration platform,...

Deals

Seyu, Blue United Corporation announce collaboration

Seyu and Blue United Corporation announced the start of the collaboration between both organizations, with Blue United becoming Seyu’s official...

Transport

HUF 1 bln for EV tender exhausted in single day

The initial HUF 1 billion allocation for electric car subsidies announced by the Ministry for Innovation and Technology was exhausted...

Retail

GVH fines webshop operator HUF 100 mln

Hungary's economic competition office GVH on Wednesday said it fined Slovenian webshop operator Mi Sport HUF 100 million for exploiting...

Transport

Volánbusz takes delivery of first electric bus from BYD

State-owned bus company Volánbusz on Tuesday took delivery of its first fully electric, self-owned bus, manufactured by the European unit...

Transport

Budapest Airport registers 88,827 passengers in May

Some 88,827 passengers traveled through Budapest Airport in May, which is nearly four times the greatly reduced traffic registered in...

Retail

Bulgaria retail sales increases in April 

Bulgaria's retail sales at constant prices increased by 25.9% on the year in April, due to low base effects from...

Retail

Vivre becomes a member Ecommerce Hungary

Vivre, one of the largest online home furnishings stores in the CEE region, has joined the Ecommerce Hungary association to...

Pharma

Richter considering expanding range of acquisitions

Hungarian pharmaceutical company Gedeon Richter is mulling an expansion of its range for potential acquisitions, CEO Gábor Orbán said in...

Retail

Czech Republic retail sales slows in April 

Retail sales in the Czech Republic rose 7.5% year-on-year in April, easing from an upwardly revised 9.2% increase in the...

Deals

OMV selling Slovenian unit to MOL

Austrian oil and gas company OMV yesterday said it agreed to sell its Slovenian unit to Hungarian peer MOL Group...

Automotive

Romania’s Dacia to enter Australian market

The Romanian automobiles Dacia will be sold in Australia through the Renault importer on the local market - Ateco Group,...

Transport

Passenger transport segment hit by pandemic in Q1

Passenger transport performance declined significantly in the first quarter of 2021 due to the effect of the pandemic, with intercity...

Pharma

ELTE-led consortium winds up drug development project

A consortium led by Budapest's Eötvös Loránd University (ELTE) has completed a HUF 1.8 billion project to develop a drug...

Retail

Slovakia retail sales surge in April

Slovakia's retail sales increased 11.5% year-on-year in April, following a 0.3% rise in March, figures from the Slovak Statistical Office...

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,...