Industry

Manufacturing

Wellis revenue climbs over HUF 20 bln in 2020

Revenue of Hungary's Wellis rose over HUF 20 billion last year from HUF 12.9 bln in 2019, the hot tub...

Retail

Estonia retail sales increase in January

Estonia retail sales increased in January, data from Statistics Estonia (SE) showed on Tuesday....

Transport

BKK testing upgraded bike-sharing system

The Budapest Public Transport Center (BKK) said testing of its upgraded bicycle-sharing system has started, according to napi.hu....

Deals

AKKO Invest planning further acquisitions after buying NEO Property

AKKO Invest has successfully completed the acquisition of NEO Property Services Zrt., and is examining the possibility of further acquisitions...

Manufacturing

Poland manufacturing activity rises for 3rd month in February

Poland's manufacturing activity increased for the third month in a row in February, survey data from IHS Markit showed on...

Pharma

Hungary raises BioNTech/Pfizer jab order to 10.87 mln doses

Hungary has increased its order for the BioNTech/Pfizer COVID-19 vaccine from 6.5 million to 10.87 million doses, the country's chief...

Retail

Latvia retail sales decrease In January

Latvia's retail sales decreased a calendar-adjusted 8.9% year-on-year in January, after a 4.6% fall in December, figures from the Riga-based...

Transport

Electric bicycle tender opens for 4th time

A Ministry for Innovation and Technology's tender for electric bicycles will open for the fourth time from today; it has...

Retail

Neuromarketing increasingly impacts our purchasing decisions

The neurobiological research conducted by Spotler shows that the most effective way of establishing contact with the recipient online through...

Transport

Electronic toll payment system to go offline early Sunday

Hungary's national electronic toll payment system will go offline for an upgrade between 1:00 and 5:00 in the morning on...

Deals

Special Effects International acquires stake in Zaj Holding

Two well-established enterprises of the region with long decades of expertise in the conference industry, Special Effects International and Zaj...

Pharma

Higher revenue, improved margins lift Richter earnings

Fourth-quarter net income of Hungarian pharmaceutical company Gedeon Richter came to HUF 21.6 bln, improving from a HUF 14.6 bln...

Pharma

Gov’t declares nat’l vaccine plant of ‘priority importance’

Hungary's government has declared the construction of a national vaccine plant a "matter of priority importance from the aspect of...

Pharma

Hungary starts inoculation with Sinopharm vaccine

Prime Minister Viktor Orbán acknowledged the importance of the start of inoculation with China's Sinopharm COVID-19 vaccine on Wednesday, but...

Deals

BBN launches initiative to expand into CEE

BBN, the world's B2B agency, announced that it has launched an initiative to attract and add new partners from Central...

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,...