Industry

Retail

Don’t let the Curfew Grind you Down

Manufacturing

Slovenian industrial output shrinks in September

Sloveniaʼs industrial production in terms of value fell by 0.4% month-on-month in September, following a 1.9% increase in August, the...

Transport

MÁV disinfecting transport vehicles daily nationwide

In view of the increasing epidemiological situation, the fleet of Hungarian State Railways (MÁV) once again started to be disinfected...

Retail

Bulgariaʼs retail sales fall in September

Bulgariaʼs retail sales declined by 6.7% year-on-year in September after falling by an annual 12.2% in the previous month, the...

Transport

Wizz Air launches carbon offsetting scheme

Discount airline Wizz Air has launched a carbon offsetting scheme as part of its wider commitment to reducing emissions, enabling...

Automotive

Semcorp to set up HUF 65.5 bln plant in Hungary

Shanghai-based Semcorp, which makes separators for electric vehicle batteries, will set up a HUF 65.5 billion plant in Debrecen, Minister...

Transport

Volánbusz increasing service in county status cities

Local bus services will run more frequently in cities with county status, where Volánbusz is providing scheduled local bus transport,...

Pharma

Financial loss constrains Richter Q3 profit growth

Hungarian pharmaceutical company Gedeon Richterʼs third-quarter net income edged up 2% year-on-year to HUF 22.6 billion, well under revenue growth...

Pharma

Hungary to get COVID-19 vaccine from Russia

Russia will start small-scale deliveries of a COVID-19 vaccine to Hungary in December, Minister of Foreign Affairs and Trade Péter...

Retail

Retail sales volume down 2% year-on-year

In September 2020, the volume of sales in retail shops decreased by 1.6% according to raw data and by 2%...

Retail

Number of tobacco shops could fall

The number of tobacco shops could fall shortly, which would result in individual shops serving larger areas, János Lázár, the...

Automotive

AutoWallis registers growth in new vehicle sales

The domestic business unit of AutoWallis saw a rebound to growth in the third quarter, as new vehicle sales within...

Manufacturing

Czech Republic factory activity rises in October

The IHS Markit Czech Republic Manufacturing PMI increased to 51.9 in October of 2020 from 50.7 in September, pointing to...

Deals

Spar acquires meat company Zimbo Perbál

Supermarket chain Spar Magyarország on Monday said it acquired meat company Zimbo Perbál for an undisclosed consideration, according to a...

Manufacturing

N. Macedonia industrial output shrinks for 7th month

North Macedoniaʼs industrial production fell by 4.1% year-on-year in September, compared to an annual drop of 9.1% in the previous...

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,...