Industry

Transport

Waberer’s reports EUR 2.7 mln income

Listed Hungarian hauler Waberer's had first-quarter recurring net income of EUR 2.7 million, improving from a EUR 2.5 mln loss...

Retail

Czech retail sales up in March

The Czech retail sales accelerated by a working-day 5.0% year-on-year in March, after a 2.4% fall in February, data from...

Pharma

Richter Q1 earnings fall as sales slip on base effect

First-quarter net income of Hungarian pharmaceutical company Gedeon Richter fell 7.3% year-on-year to HUF 26.9 billion as sales edged lower,...

Deals

NENT Group, Formula 1 enter exclusive rights partnership in Poland

The Nordic region's leading streaming company, Nordic Entertainment Group (NENT Group), and Formula 1 have agreed to Poland's first media...

Retail

E-commerce saw explosive growth in 2020

An increasing number of surveys and studies support the argument that e-commerce has experienced explosive growth in 2020, writes profitline.hu....

Manufacturing

Airbus Helicopters completes HUF 25 bln plant in Gyula

Airbus Helicopters completed a HUF 25 billion parts factory in Gyula (215 km southeast of Budapest), according to economic news...

Manufacturing

Industrial production up 16.5% y.o.y. in March

In March 2021, the volume of industrial production exceeded the previous year’s low base level by 16.5%, according to data...

Retail

Retail sales down 2% year-on-year in March

In March 2021, the volume of retail trade decreased by 1.5% in raw data and by 2% in calendar-adjusted data,...

Retail

Croatia retail trade up in March

Croatia's working-day adjusted retail trade in real terms increased by 14.3% year-on-year in March speeding up from a 3.8% rise...

Deals

Special Effects acquires stake in Spanish event production firm

After the recent expansion of its domestic portfolio, Special Effects strengthens its international presence by joining forces with a Spanish...

Manufacturing

Poland manufacturing growth eases in April

Poland's manufacturing sector expanded at a softer pace in April, survey data from IHS Markit showed Tuesday....

Retail

Serbia retail sales rise in March

Serbia's retail sales increased by a real 5.5% year-on-year in March, after posting a 2.8% annual rise in the previous...

Retail

EuroCenter to be modernized by Bernecker

EuroCenter owner and developer WING has selected Bernecker Kft. to carry out general contractor tasks for the modernization of the...

Automotive

New car registrations climb 10%

New passenger car registrations rose 10% year-on-year to 42,714 in January-April, the Hungarian Vehicle Importers Association (MGE) said on Monday,...

Manufacturing

Vajda-Papír turnover climbs 10% in 2020

Revenue of Hungarian hygienic paper maker Vajda-Papír rose 10% to HUF 52 billion last year as demand for its products...

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,...