Industry

Retail

Pork industry appeals to retailers over dumping concerns

The Hungarian Meat Industry Association issued an appeal to retailers for solidarity in the face of expected dumping after Germany...

Manufacturing

Serbia’s Jugotex to open protective workwear factory in Bosnia

Serbian manufacturer of protective clothing and equipment Jugotex will open a textile factory in Bosnia’s eastern municipality of Milici, the...

Automotive

Hungary to build HUF 60 bln plant to make Lynx armored fighting vehicles

A HUF 60 billion plant will be built in Zalaegerszeg to manufacture the Lynx infantry fighting vehicles in cooperation with...

Deals

AmCham Hungary, HIPA sign partnership agreement

The Hungarian Investment Promotion Agency (HIPA) supports the initiative called BSS Hungary (Business Services Sector Hungary) launched by the American...

Transport

HUF 8,000 fine for lack of mask on public transport

The Municipality of Budapest has ordered that, from now on, passengers who do not or wear a mask on routes...

Deals

Infinum, Porsche Digital invest EUR 10 mln in JV in Croatia

Croatian IT company Infinum, together with Porsche Digital, a subsidiary of German Porsche, is launching the Porsche Digital Croatia company...

Automotive

Daimler creates 145 more jobs at Sebeș, in Romania

Germany’s Daimler has announced it has increased the production of gearboxes in its factory at Sebeș (345 km northwest of...

Manufacturing

Factory producing parts for Patriot missiles built in Poland

Polish and American companies have launched the construction of a plant in eastern Poland which will produce missile parts for...

Automotive

EV subsidy increasing by HUF 882 mln

The governmentʼs fund for the purchase of a HUF 5 billion electric vehicles has proved such a success that the...

Automotive

New Passenger Car Registrations Return to 2008 Level

New passenger car registrations in Hungary reached 163,000 in 2019, finally returning to levels last seen in 2008, on the...

Retail

Online shopping jumped 34% y.o.y. in H1

As a result of the coronavirus epidemic, the desire to shop online increased significantly and the growth of the online...

Manufacturing

Dongwha Electrolyte to set up HUF 11 bln plant in Hungary

Dongwha Electrolyte Hungary will set up an HUF 11 billion electrolyte plant in Sóskút, on the outskirts of Budapest, Minister...

Transport

Ferenc Liszt Intʼl passenger numbers fall to 3,000 a day as borders close

Ferenc Liszt International operator Budapest Airport expects daily passenger numbers to reach "3,000 at most" after a ban on entry...

Retail

CyBERG to launch ʼFood For Free Anywhereʼ business model in Q4

CyBERG, a company listed on the Budapest Stock Exchangeʼs Xtend platform which runs Kajahu, a "social digital restaurant chain", has...

Transport

Wizz Air warns travel restrictions could keep capacity around 60%

Hungarian low-fare airline Wizz Air on Tuesday said its capacity is likely to be lower than anticipated in the third...

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,...