Industry

Retail

A Random Spark of Life on the Buda Side

Lövőház utca, behind the Mammut shopping mall on the Buda side of the river, doesn’t look like much. But, on...

Retail

Tesco, unions reach deal on 5.5% pay rise

The local unit of U.K. supermarket chain Tesco on Friday said its management reached an agreement with trade unions on...

Retail

Boom in online sales means Douglas will axe 500 stores

German premium beauty retailer Douglas has said it will shutter about 500 stores in Europe as its online sales surge....

Deals

Hungary set to sign 10-year MotoGP, Superbike contracts

Hungary's government has mandated the necessary measures to sign 10-year contracts to host MotoGP and Superbike races with rights holder...

Retail

80% of Serbians use contactless payment systems

Some 80% of Serbians use contactless payment systems and a third would like to be able to pay amounts up...

Transport

Passenger traffic down, cargo booming at Budapest Airport

Ferenc Liszt International Airport handled 66,148 passengers during January 2021, registering a 94.3% drop compared to the same month of...

Manufacturing

Balluff to invest HUF 2.1 bln in R&D base in Veszprém

The Hungarian unit of Germany's Balluff, a maker of sensors used in automated industrial applications, will invest HUF 2.1 billion...

Pharma

Half a mln doses of BioNTech/Pfizer vaccine delivered to Hungary so far

Half a million doses of the COVID-19 vaccine developed by U.S.-based Pfizer and Germany's BioNTech have arrived in Hungary so...

Deals

MVM green mobility business sets up JV with Volánbusz 

MVM Mobiliti, the green mobility unit of the state-owned Hungarian Electricity Works (MVM), has set up a joint venture with...

Retail

Romania retail sales growth slows in December

Romania retail sales grew in December, albeit at a softer pace, figures from the Bucharest-based National Institute of Statistics (INS)...

Pharma

Hungary gets first delivery of AstraZeneca vaccine

Hungary received its first delivery of the AstraZeneca COVID-19 vaccine last weekend, public television reported....

Retail

Slovakia retail sales fall in December

Slovakia's retail sales declined in December, figures from the Bratislava-based Slovak Statistical Office (SÚSR) showed on Thursday. Retail sales decreased...

Transport

Polish international transport market skeptical about Mobility Package

More than half (54%) of clients from the Polish transport industry are afraid that The EU Mobility Package will reduce...

Manufacturing

Hungary’s BioTech USA launches HUF 744 mln upgrade

Hungarian dietary supplement maker BioTech USA is investing HUF 744 million in a production upgrade and expansion, Minister of Foreign...

Automotive

Magyar Suzuki sells nearly 1,500 new cars in January

With 1,473 passenger car sales registered, carving out a 16.61% share of the domestic new passenger car market, Magyar Suzuki...

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,...