Industry

Automotive

Vechicle sales at AutoWallis rocket in Q1

Thanks to six transactions concluded last year, the sales figures of AutoWallis have increased significantly: based on first-quarter data, the...

Pharma

Gov’t in talks to substitute Janssen vaccine

Hungary's government is in talks to procure COVID vaccines to substitute for Janssen jabs, Gergely Gulyás, the head of the...

Transport

Waberer’s announces HUF 12 bln fleet upgrade

Listed Hungarian trucking company Waberer's has announced a HUF 12 billion upgrade of its fleet, according to a report by...

Deals

Diligent completes Galvanize acquisition

Modern governance company Diligent Corporation announced that it has completed its acquisition of Galvanize, a global leader in SaaS governance,...

Pharma

Roche adding 250 positions to Budapest SSC

Swiss healthcare company Roche will add 250 positions at its shared service center in Budapest this year, Minister of Foreign...

Transport

Passenger traffic low, cargo volume rising at Budapest Airport

Passenger traffic at Budapest Airport fell to 183,416 in Q1 2021, down 93.4% compared to the same period of 2020,...

Deals

Netrisk acquires Czech, Slovak peers

Hungarian insurance broker Netrisk on Wednesday said it acquired online policy comparison platforms in the Czech Republic and Slovakia, according...

Automotive

Ford opens Regional Parts Center in Biatorbágy

Ford opened its Regional Parts Center in Biatorbágy (about 17 km east of Budapest) this week, according to a press...

Retail

Retail sales down nearly 6% y.o.y. in February

In February 2021, the volume of retail sales - as a result of the (first) panic buying wave at the...

Retail

Bulgaria retail sales edge down in February

Bulgaria's retail sales at constant prices fell 0.5% year-on-year in February after falling by an annual 4.4% in January, the...

Pharma

Hungary to get first Janssen vaccine delivery today

Hungary will get its first delivery of a COVID-19 vaccine developed by Janssen - one that requires only a single...

Retail

Slovakia retail sales decline slows in February

Slovakia's retail sales declined at a softer pace in February, figures from the Slovak Statistical Office (SÚSR) showed on Thursday....

Retail

Hungary’s largest toy retailer joins eMAG Marketplace

REGIO Játék, Hungary's most extensive toy retail and wholesale store chain has made its products available through the eMAG Marketplace,...

Transport

Qatar Airways completes world’s 1st fully COVID vaccinated flight

Qatar Airways completed the world's first fully COVID-19 vaccinated flight this week, carrying only vaccinated crew and passengers on board...

Deals

MOL issues HUF 35.5 bln BGS bond

Hungarian oil and gas company MOL issued HUF 35.5 billion of 10-year securities in the framework of the Bond Funding...

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,...