Industry

Retail

Bulgaria’s annual retail sales fall, industrial production declines in November

Bulgaria's retail sales at constant prices dropped 6.4% year-on-year in November after decreasing by an annual 5.3% in the previous...

Retail

Spar fined for retroactive rebate agreements w/o turnover specifications

Hungarian food safety authority Nébih on Tuesday said it fined the local unit of supermarket chain Spar HUF 80 million...

Transport

Construction of Europe’s biggest railway combi terminal begins in Hungary

The construction of the largest and most modern railway intermodal combi terminal in Europe has begun at the gates of...

Transport

3.86 mln passengers registered at Ferenc Liszt Int’l in 2020

Annual passenger traffic at Ferenc Liszt International Airport fell to 3.86 million from 16.2 million in 2019, due to the...

Retail

Romania retail sales growth slows in November

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

Transport

E-sticker purchases available at offices mobile control units

In order to ensure the smoothness of e-sticker purchases at the beginning of the year, it will also be possible...

Deals

Norm Benzinkút seals deal to acquire MOL motorway gas stations

Hungary's Norm Benzinkút, which owns the Lukoil petrol stations in Hungary and Slovakia, has reached an agreement to acquire a...

Transport

Hungary to renovate 1,000 km of roads in 2021

Hungary will repave about 1,000 km of roads at a cost of HUF 190 billion this year, the Innovation and...

Retail

Retail sales down 0.8% year-on-year in November

In November 2020, the volume of sales in retail shops decreased by 0.3% according to raw data and by 0.8%...

Pharma

Hungary to get more than 1.7 mln doses of Moderna vaccine

Hungary will get 1,744,000 doses of U.S. pharmaceutical company Moderna's Covid-19 vaccine, enough to inoculate 872,000 people, the country's chief...

Deals

Hungaroring track booked for close to 200 days in 2021

The Hungaroring race track, on the outskirts of Budapest, is booked for close to 200 days this year, the CEO...

Pharma

More than 1 million Hungarians register for vaccination

More than 1 million Hungarians have registered for COVID-19 vaccination, state secretary Csaba Dömötör said in a message posted on...

Transport

MÁV Zrt. to get HUF 20 bln in 2021 for track and station renovations

This year the government is providing Hungarian State Railways (MÁV) with additional resources for the renovation of the Vecsés-Üllő-Monor track...

Automotive

Ford strengthens market share in Hungary in 2020

Ford strengthened its market share in Hungary to 12.5% in 2020 thanks to strong performance in the commercial vehicles segment...

Manufacturing

Poland manufacturing sector grows in December

Poland's manufacturing activity rose more than expected in December, survey data from IHS Markit showed on Monday....

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,...