Industry

Retail

Poland retail sales fall in February

Poland's sales fell 3.1% year-on-year in February, after a 7.3% growth in the same month last year, data from the...

Transport

Gov’t earmarks HUF 4.6 bln to plan metro, HÉV connection

The central government is allocating HUF 4.6 billion to plan a connection between the terminus of the capital's number 2...

Retail

Bosnia retail sales shrink in January 

Retail sales in Bosnia and Herzegovina shrank 7.6% year-on-year in January, following a 6.3% decline in the previous month, figures...

Pharma

GVH investigates pharmaceutical wholesalers

The Hungarian Competition Authority (GVH) has launched an investigation into the agreements between the largest domestic pharmaceutical wholesalers and the...

Manufacturing

Óvártej investing for HUF 1.1 bln to expand capacity

Hungarian dairy company Óvártej, owned by Italy's Valcolatte since 2013, is spending HUF 1.1 billion to expand capacity at its...

Pharma

Hungary clears CanSino, Covishield vaccines

Hungary's National Institute of Pharmacy and Nutrition (OGYÉI) has cleared a COVID-19 vaccine developed by China's CanSino and another, called...

Manufacturing

Nitrogénművek revenue close to HUF 95 bln in 2020

Consolidated revenue of Nitrogénművek, one of the biggest makers of artificial fertilizer in the region, rose 7.7% to HUF 94.7...

Retail

MediaMarkt webshop turnover triples while stores are closed

Webshop turnover of MediaMarkt has tripled while its brick-and-mortar stores are closed to contain the spread of the coronavirus, the...

Transport

E-toll payment system to go offline late on Saturday

Hungary's national electronic toll payment system will go offline for an upgrade between 8 p.m. on Saturday and 8 a.m....

Automotive

AutoWallis buys one of the most modern car salons in CEE

AutoWallis will gain possession of one of the largest and most modern BMW dealerships in the CEE region, a salon...

Retail

Czech retail sales decline in January

The Czech retail sales decreased by a workdays-adjusted basis 6.5% year-on-year in January, following a 0.8% fall in December, data...

Retail

No panic buying after lockdown measures announced

After the announcement of the recent epidemiological measures, the increase in traffic did not even come close to the level...

Automotive

Automotive sector output fell 27.5% y.o.y. in January

The output of Hungary's automotive sector, usually an engine of industrial growth, fell 27.5% year-on-year in January amid a global...

Transport

Budapest Airport passenger traffic falls 95% y.o.y. in Feb

Budapest Ferenc Liszt International Airport handled 54,407 passengers in February 2021, registering a 95% drop in traffic compared to February...

Retail

Bulgaria retail sales fall at slower pace in January

Bulgaria's retail sales at constant prices decreased by 3.9% year-on-year in January after falling by an annual 10.7% in 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,...