Industry

Manufacturing

Masterplast wins gov’t grant for PPE plant

Listed Masterplast, a building materials manufacturer that entered the healthcare supplies business during the pandemic, has won a government grant...

Retail

Slovenia retail sales rise in February

Slovenia's retail sales rose in February, data from the Statistical Bureau of Slovenia (SURS) showed on Monday. The retail trade...

Automotive

Johnson Electric to shut down Ózd plant

Johnson Electric on Tuesday said it plans to shut down its automotive parts factory in Ózd (about 123 km northeast...

Retail

Latvia retail sales continue to contract in February

Latvia's retail trade slumped 8.5% from a year earlier in February, following a revised 9.5% tumble in the previous month,...

Deals

BSE launches corporate bond index

The Budapest Stock Exchange is launching a new corporate bond index for non-financial corporations, the stock market operator said on...

Transport

Czech airline Smartwings secures lifeline loan

The Czech airline company Smartwings has obtained a loan of over EUR 72 million (CZK 2 billion) to help it...

Retail

Lithuania retail sales decline slows in February

Lithuania's retail sales declined at a softer pace in February, figures from Statistics Lithuania (LS) showed....

Pharma

Richter receives positive feedback for new contraceptive

Hungarian pharmaceutical company Gedeon Richter and Belgian peer Mithra Pharmaceuticals have said the Committee for Medicinal Products for Human Use...

Deals

Trading of CTP on Euronext Amsterdam commences

Leading vertically integrated European logistics property owner-developer, CTP, announced that the offering of its shares has been successfully priced at...

Deals

Mid Europa Partners parts with Waberer’s stake

Private equity company Mid Europa Partners has parted with its stake in listed Hungarian haulier Waberer's in transactions closed on...

Transport

Development projects continue at Budapest Airport

Budapest Airport brought forward the execution of several projects, on account of the low passenger traffic, according to a press...

Transport

Few scooter operators pay for insurance

According to the estimates of the Hungarian Association of Independent Insurance Brokers (FBAMSZ), only 15-20% of the approximately 600,000 scooters...

Retail

Operative Corps to weigh chamber proposal on shopper limits

The Operative Corps, the body coordinating Hungary's response to the pandemic, will weigh a proposal by the Hungarian Chamber of...

Deals

MOL Slovakian unit buys 16 Lukoil petrol stations

Slovnaft, the Slovakian unit of Hungarian oil and gas company MOL, has acquired a 100% stake in Normbenz Slovakia which...

Transport

Czech Airlines to add routes despite bankruptcy

The Czech Airlines (CSA) will renew further connections in the coming weeks and increase flights to European destinations, reported the...

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,...