Industry

Automotive

Tire seller Marso to build HUF 4.6 bln logistics center in Dunaharaszti

Hungarian tire wholesaler Marso will build a HUF 4.6 billion logistics center in Dunaharaszti, on the outskirts of the capital,...

Deals

Lenovo to build HUF 8.2 bln plant in Hungary

Chinese computer maker Lenovo will build a HUF 8.2bn plant in Üllő, on the outskirts of the capital, Minister of...

Transport

Budapest Airport renovating Runway 2

Budapest Airport has scheduled more runway renovation and maintenance works for the fall, according to Világgazdaság....

Automotive

MOL to build USD 13 mln bitumen plant in Tatarstan

Hungarian oil and gas company MOL will build a USD 13 million bitumen plant in Tatarstan with a local partner,...

Deals

Opus to part with CIG Pannónia stake

Listed holding company Opus Global said it will sell its 24.85% stake in listed life insurer CIG Pannónia to insurance...

Retail

Bosnia’s Serb Republic retail sales fall in August

Retail sales in Bosnia’s Serb Republic decreased by a real 10% year-on-year in August, after falling by an annual 10.5%...

Automotive

Croatia’s Jan-Aug new commercial vehicle registrations fall 34%

Registrations of new commercial vehicles in Croatia fell by 34% year-on-year in the first eight months of 2020, to 5,050,...

Automotive

Continental inaugurates HUF 9.7 bln test track in Hungary

German-owned automotive industry supplier Continental inaugurated a HUF 9.7 billion test track in Veszprém on Thursday, according to a report...

Retail

Retail outlets down by 24,000 since 2010

There were more than 119,000 retail outlets operating in Hungary at the end of 2019, down by almost 24,000 from...

Transport

Wizz Air debuts Travel Planning Map

Discount airline Wizz Air has introduced a new Travel Planning Map tool on its website, informing passengers about coronavirus-related travel...

Retail

2nd physical eMAG store opens in Mammut

Online retail business eMAG has opened its second physical store in Mammut Shopping and Entertainment Center, awaiting customers with special...

Transport

Transport sector performance plunges in Q2 on pandemic impact

The performance of Hungaryʼs transport sector dropped in the double-digits in the second quarter from the same period a year...

Transport

Budapest Airport to lay off more than 200 people

Operator Budapest Airport says that a headcount reduction in the upcoming months is inevitable, because of the negative effects of...

Manufacturing

Poland’s industrial output slows in August

Poland’s industrial production advanced 1.5% annually in August compared to a 1.5% fall in the same period last year, data...

Transport

Qatar Airways network to expand to more than 90 destinations

Qatar Airwaysʼ global network, which never fell below 30 destinations since the onset of the pandemic, is set to triple...

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,...