Industry

Deals

Hungarian company wins contract for USD 300 mln Indonesian e-toll system  

A Hungarian company has won a contract to set up an electronic toll system worth more than USD 300 mln...

Retail

Metro reaches wage rise agreement

Following a series of negotiations, Metro has reached an agreement on wage increases for 2021, writes novekedes.hu....

Retail

Cardio Bunny begins its int’l expansion with cooperation with Pepco

Polish sports clothing brand Cardio Bunny has prepared a limited collection created especially for Pepco stores. Sports clothes and accessories...

Automotive

Audi restarts shifts after supply chain pressure eases

German carmaker Audi's base in Hungary will operate with three shifts again from Monday, after reducing the number to just...

Pharma

OGYÉI approves China’s Sinopharm vaccine

Hungary's National Institute of Pharmacy and Nutrition (OGYÉI) has approved a COVID-19 vaccine developed by China's Sinopharm, the country's chief...

Transport

Taxi sector recovering from pandemic shock

The taxi sector is recovering from the shock caused by the coronavirus epidemic, but is still far from pre-epidemic levels,...

Retail

Slovenia retail sales declines in December 

Slovenia's retail sales turnover declined 13.3% year-on-year in December, following a 14.2% drop in November, the Ljubljana-based Statistics Bureau of...

Automotive

SK Innovation to build USD 2.3 bln EV battery plant in Hungary

South Korea's SK Innovation will build a USD 2.3 billion electric vehicle battery plant in Hungary, its third in the...

Retail

Bosnia’s Serb Republic trade gap narrows in 2020

The trade deficit of Bosnia's Serb Republic fell 7.4% to BAM 1.1 billion (USD 672 million) in 2020, the entity's...

Retail

Auchan raises wages 5.6%

The local unit of French supermarket chain Auchan is raising the wages of non-management staff by 5.6%, on average, from...

Retail

Amazon plans to launch Amazon.pl 

Amazon announced the start of work on the launch of Amazon.pl in Poland. The website will provide Polish customers with...

Retail

Editorial: A Time for Gift Giving

If you are familiar with Christian seasons (other religions are available), you will know all talk of Christmas presents is...

Transport

Wizz Air books EUR 116 mln Q3 loss as pandemic hits passenger volume

Hungarian low-fare carrier Wizz Air booked a EUR 116.4 million loss in the third quarter of its business year started...

Pharma

Czech Republic: No plan to buy vaccines not approved by EU

Czech Health Minister Jan Blatný says the government is not considering buying coronavirus vaccines outside the framework of a joint...

Pharma

4 mln items of PPE rejected at border last year

Consumer protection inspected a total of nearly 26 million pieces of personal protective equipment (PPE), of which more than 4...

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,...