Industry

Transport

Transport industry perhaps most weakened by pandemic

Even in normal times, companies from the transport industry were struggling with the timely payment of liabilities and increasing operating...

Retail

Poland retail sales decline in January

Poland's retail sales fell 6% year-on-year in January, after a 3.5% growth in the same month last year, data from...

Automotive

Hungary, Israel to partner on autonomous vehicle research

Hungary and Israel will launch a joint program to support autonomous vehicle research in the second half of 2021, the...

Automotive

20,000 families bought cars with gov’t subsidy so far

So far, 20,000 families have purchased a car with the government subsidy for big families, Minister for Families Katalin Novák...

Transport

Gov’t to upgrade airport in NW Hungary

Innovation and Technology Minister László Palkovics outlined plans to transform the Székesfehérvár-Börgönd airport, one of the country's oldest, into a...

Automotive

Tire sales down in Poland last year

Throughout 2020, tire manufacturers and importers in Poland recorded drops in sales to the market reaching an average of 13%...

Transport

SHARE NOW introduces climate free fuel card, expands fleet

From today, users of carsharing company SHARE NOW will able to use electric MINI models and climate-neutral OMV fuel cards...

Deals

Clearance denied for divestment of JKX assets in Hungary

JKX Oil and Gas on Thursday said Hungarian authorities have refused to clear the sale of its assets in Hungary,...

Retail

Auchan launches used clothing business line in Romania

One year after testing this concept in France, French hypermarket and supermarket retailer Auchan will start selling used clothes along...

Retail

Etele Plaza to open in September

The realization of Futureal Group's EUR 300 million Etele Plaza has entered its final phase. Buda's largest shopping mall is...

Pharma

Hungary gets 1st shipment of Chinese COVID-19 vaccine

The first delivery of a COVID-19 vaccine developed by China's Sinopharm arrived in Hungary on Tuesday, National Public Health Centre...

Transport

Roatex wins HUF 103 bln toll system contract in Indonesia

Hungary's Roatex, which provides customized electronic toll payment solutions, has won a tender to build and operate Indonesia's motorway toll...

Pharma

Antibody self-testing kit to appear Czech market soon

A self-testing kit for COVID-19 has been approved by the Czech State Institute for Drug Control and will soon be...

Pharma

Hungary sends plane to China for 1st shipment of Sinopharm vaccine

The state of Hungary's aircraft has taken off for Beijing to pick up the first delivery of the Sinopharm COVID-19...

Deals

KBC Group agrees to acquire NN’s Bulgarian pension, life insurance businesses

Belgium-based financial group KBC said in a press release on Thursday, that it has reached an agreement with Dutch-based NN...

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,...