Industry

Manufacturing

Latvia industrial production falls in August

Latviaʼs industrial production fell for the second straight month in August, data from the Riga-based Central Statistical Bureau (CSB) showed...

Automotive

From Loom Manufacturing to a World Automotive Brand

3D printers, LED bulbs, the internet, computers, space flight, microwave ovens, mobile phones, television: These are just a few of...

Transport

Wizz Air passenger numbers fall sharply in September

Hungarian low-fare airline Wizz Air carried 1,567,836 passengers in September, down a little more than one-third from the number in...

Automotive

AutoWallis NKP bonds available for trading

AutoWallis NKP bonds became available for trading on the XBond market of the stock exchange last Friday, after the Budapest...

Transport

MÁV carried 1.7 mln passengers on trains to Balaton during summer

State-owned railway company MÁV carried more than 1.7 million passengers on trains to Lake Balaton in the summer season ended...

Automotive

Average age of cars in Hungary continues to grow

The average age of passenger cars in Hungary continued to grow in the first half of 2020, state news wire...

Transport

Airport Service Budapest begins ground handling services at Ferenc Liszt Intʼl

Domestically owned company Airport Service Budapest (AS) has commenced its activities yesterday at Budapest Ferenc Liszt International Airport, providing ground...

Retail

Croatia retail sales fall at faster pace in August

Croatiaʼs retail sales volume decreased by an annual 8.6% in real terms in August, after falling by 6.7% in July...

Deals

MOL completes pricing for EUR 650 mln bond

Hungarian oil and gas company MOL on Thursday said it closed pricing for a EUR 650 million bond it expects...

Pharma

Richter inaugurates 3,500 sqm office complex in Debrecen

Pharmaceutical company Gedeon Richter inaugurated a 3,500 sqm office complex in Debrecen (225 km east of Budapest) yesterday, writes origo.hu....

Retail

IKEA to remove non-rechargeable alkaline batteries from stores

True to its commitment to inspire people to live healthier and more sustainable homes, IKEA will remove non-rechargeable alkaline batteries...

Automotive

Factors Need Tackling Before EV Mass Adoption can Occur

Electric vehicles sales are picking up and the hunger for this green transportation is real. However, technology-wise, EVs need some...

Automotive

Hungaryʼs Hankook Plant a key to European Operations

Hankook Tire began construction of its first (and only) tire making plant in Europe in the village of Rácalmás, near...

Deals

MOL stake in INA could be worth USD 800 mln

Hungarian oil and gas company MOLʼs 49.08% stake in Croatian peer INA could be worth some USD 800 million, Hungarian...

Retail

Bosnia retail sales down in August

Bosniaʼs retail sales fell by a real 15.7% on the year in August, after decreasing by an annual 12.3% in...

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,...