Industry

Pharma

Linde Gas Hungary helps transport, distribute coronavirus vaccine

On December 25 last year Linde Gas Hungary, one of the largest industrial and medical gas producer companies in the...

Pharma

3rd shipment of COVID-19 vaccine arrives in Hungary

The third delivery of a Covid-19 vaccine developed by BioNTech and Pfizer arrived in Hungary early Tuesday, public television reported....

Retail

Croatia retail sales decrease in November

Croatia's retail sales declined at a faster pace in November, figures from the Croatian Bureau of Statistics (Crostat) show. Retail...

Retail

Latvia retail sales growth slows in November

Latvia's retail sales grew at a softer pace in November, figures from the Riga-based Central Statistical Bureau (CSB) showed on...

Transport

2nd round of electric bicycle subsidy announced

Applications for a second round of the Ministry for Innovation and Technology's call for proposals to support the purchase of...

Automotive

Suzuki market leader in Hungary for 5th year running

Sales of new Suzuki passenger cars in Hungary reached 14,783 last year, giving the Japanese company 11.55% market share, Magyar...

Transport

Wizz Air Abu Dhabi confirms Athens as 1st destination from Jan 15

Wizz Air Abu Dhabi, the newest national airline of the United Arab Emirates, confirmed that Athens will be its inaugural...

Pharma

2nd shipment of COVID-19 vaccine arrives in Hungary

The second delivery of a COVID-19 vaccine developed by BioNTech and Pfizer arrived in Hungary early Wednesday, according to a...

Transport

Budapest Airport accredited for ACI’s aviation restart program

Airport Council International (ACI) has reviewed Budapest Airport’s epidemiological measures, and officially declared Ferenc Liszt International Airport as accredited in...

Transport

Hungary adds 150 km of bike paths in 2020

About 150 km of new bike paths were added in Hungary in 2020, at a cost of some HUF 15...

Retail

Whatʼs in our Future, Inflation or Deflation?

Are we heading for inflation or deflation? Corporate finance columnist Les Nemethy tries to read the runes to see in...

Pharma

Richter, Mithra sign deal to sell new oral contraceptive in Latin America

Hungarian pharmaceutical company Gedeon Richter and Estetra, a unit of Belgian peer Mithra, on Wednesday said they signed a license...

Retail

IMMOFINANZ expands STOP SHOP portfolio by 8 locations

IMMOFINANZ is continuing the expansion of its STOP SHOP retail park brand, adding eight locations to the portfolio, according to...

Deals

Indotek boosts stake in Waberer’s, transfers call options

Trevelin Holding, a unit of Hungarian property developer Indotek, has exercised a call option for 6.99% of the shares of...

Pharma

Egis favipiravir drug licensed for COVID-19 treatment

A new drug with the active ingredient favipiravir manufactured by Hungarian pharmaceutical company Egis has been licensed for the treatment...

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,...