Industry

Automotive

Audi workers to get HUF 350,000 COVID bonus

Workers at the Hungarian unit of German automaker Audi will get a gross HUF 350,000 "COVID bonus" for what management...

Retail

Poland retail sales accelerate in March

Poland's retail sales increased in March, figures from Warsaw-based Central Statistical Office (GUS) showed on Thursday....

Manufacturing

Gyermelyi lays cornerstone of HUF 5.5 bln mill

Hungarian noodle maker Gyermelyi laid the cornerstone of a HUF 5.5 billion mill at its base in Gyermely (31 km...

Automotive

Chip shortage shuts down Daimler plant in Hungary till May 2

A shortage of chips has shut down German carmaker Daimler's plant in Hungary until May 2, state news wire MTI...

Deals

MVM acquires ÉMÁSZ Hálózati

State-owned Hungarian power company MVM Energetika on Friday said it signed a contract to acquire ÉMÁSZ Hálózati from electricity distributor...

Deals

Hungary’s debut forint green bond draws strong demand

The Government Debt Management Agency (ÁKK) sold HUF 30 billion of a 30-year green bond at an auction on Thursday,...

Transport

Budapest Airport recognizes green airport partners

During an online award ceremony held on Tuesday, Budapest Airport honored airport partners who made significant contributions to the sustainability...

Transport

Wizz Air launches chatbot ‘Amelia’

Discount airline Wizz Air announced the introduction of "Amelia", a new English language chatbot aimed at raising customer experience standards,...

Transport

Hungary road death rate falls 39% in a decade

The number of road deaths in Hungary per million inhabitants amounted to 46 in 2020, a decline of 39% from...

Deals

Safin signs preliminary agreement on Dunaferr takeover

Safin GmbH, a Kazakh-owned industrial company headquartered in Vienna, has signed a preliminary agreement on taking over the operation of...

Automotive

Used car prices climb one-third

Used car prices in Hungary rose by about one-third in the 12 months to March, Hungarian news agency MTI reports,...

Transport

BUD renews deal to protect trays with Anti-COVID coating

Resysten, a company that manufactures an antimicrobial coating that protects surfaces from the spread of COVID-19 and other pathogens, has...

Pharma

Chinese vaccines to make up for missed Janssen delivery

Hungary is bringing forward deliveries of Chinese COVID-19 vaccines it has ordered to make up for a missed delivery of...

Manufacturing

Police take steps amid tensions between Dunaferr owners

Police took steps in Dunaújváros (about 60 km south of Budapest) late Friday as a conflict between the owners of...

Deals

The Venture Capital Industry in Central Europe

Les Nemethy and François Lesegretain’s last corporate finance column was on the subject of mergers and acquisitions (M&A) and concluded...

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,...