Industry

Manufacturing

Industrial producer prices up 5.2% y.o.y. in September

Industrial producer prices as a whole were 5.2% higher in September 2020 than in the same period of the previous...

Manufacturing

Croatia industrial output flattish in September

Croatiaʼs industrial output decreased by 1.1% year-on-year in September, after shrinking by an annual 1.2% in August, the Zagreb-based Croatian...

Automotive

1 in 10 car owners switch insurers

More than 1.1 million vehicles are still involved in the November compulsory motor third-party liability insurance (kgfb) campaign, and every...

Automotive

Competition Office clears AutoWallis-Opel import deal

Listed car seller AutoWallis on Friday said Hungaryʼs Competition Office (GVH) approved a deal that will make it Opelʼs importer...

Retail

COVID fails to curb Black Friday excitement in Hungary

While last year only one in every three people bought something off the shelves around Black Friday, this year -...

Retail

EMAG steps back from Poland to focus on Hungary

eMAG, the largest Romanian online retailer controlled by the South-African group Naspers, has passed its Polish operations to Polandʼs second-biggest...

Automotive

Automotive industry companies operating at close to full capacity

Nearly all of Hungaryʼs automotive industry companies are operating at close to full capacity in the fourth quarter, the chairman...

Deals

Tungsram gets stimulus to boost competitiveness

Minister of Foreign Affairs and Trade Péter Szijjártó on Wednesday presented Hungarian lighting company Tungsram with a contract for HUF...

Deals

Govʼt buys Budapest 60 new buses

The central government has financed the HUF 6 billion purchase of 60, low-floor, air-conditioned Mercedes-Benz Conecto G articulated buses for...

Transport

Wizz Air announces new base in Bari, 7 new routes in Italy

Discount carrier Wizz Air announced adding a new base in Bari, basing an Airbus A321 aircraft at the Italian airport...

Automotive

Hungary Mercedes plant plans routine winter shutdown

German carmaker Daimler plans a routine winter shutdown at its plant in Hungary between December 18 and January 17, Mercedes-Benz...

Pharma

On top of EU advance order, Hungary weighs Russian, Chinese vaccines

Hungary has an advance order from European Union programs for 6.5 million doses of COVID-19 vaccine, but it is also...

Deals

LIVING and SHARE NOW announce exclusive collaboration

Residential property developer LIVING announced that it is adding car-sharing option SHARE NOW to its suite of services, according to...

Deals

Indotek to acquire Mid Europa Partners stake in Wabererʼs

Mid Europa Partners has agreed to sell a 24% stake in Hungarian road haulage company Wabererʼs International to Trevelin Holding,...

Automotive

AutoWallis completes acquisition of largest Slovenian BMW dealership

AutoWallis has successfully completed the takeover of the largest BMW dealership in Slovenia, after the company had obtained the official...

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,...