Industry

Deals

Hungarian sports supplier contract goes to Catapult

Listed Australian sports performance analytics company Catapult said it won a contract to supply 16 Hungarian sports academies and teams...

Manufacturing

Hungary signs agreement to produce Lynx infantry vehicles

Hungary signed an agreement with German defense industry company Rheinmetall on a more than EUR 2 billion program to produce...

Transport

BKK denying service to passengers lacking facemask

Those traveling without a mask or scarf may be ejected from public transportation vehicles, the Budapest Transport Center (BKK) announced...

Retail

ALDI significantly increasing headcount

ALDI has announced a significant increase in its headcount in Hungary, writes penzcentrum.hu....

Transport

Recovery of passenger traffic continues at Ferenc Liszt Intʼl

The recovery of passenger traffic at Ferenc Liszt International Airport continued in July, with the number of travelers using the...

Retail

Bulgaria retail sales fall sharply in June

Bulgariaʼs retail trade slumped 18.1% from a year earlier in June, following a record 20.4% contraction in the previous month,...

Transport

AirBaltic resumes direct flights between Riga and Budapest

Starting today, Latvian airline airBaltic resumes direct flights between Riga and Budapest, according to a press release sent to the...

Deals

CPI Property Group green bond offering successful

CPI Property Group (CPIPG) successfully issued Hungaryʼs first corporate green bond last week, according to a press release sent to...

Deals

MFB Invest subscribes HUF 490 mln CyBERG bond

MFB Invest, a unit of the state-owned Hungarian Development Bank (MFB), has subscribed a HUF 490 million bond issued by...

Automotive

EBRD and KfW IPEX-Bank support electric car industry in Poland

Two leading European banks are promoting the electric car industry with an investment in a new plant in central Poland...

Retail

Tesco denies rumors of multi-stage downsizing

There is unfounded speculation that a multi-stage downsizing could follow at Tesco, the press department of Tesco Global Warehouses Zrt....

Retail

6 Kika stores to rebrand as XXXLutz from October

The transformation of the six Hungarian Kika furniture stores has started, and the Hungarian stores of the chain will take...

Retail

Slovak retail trade falls in June

Retail sales in Slovakia decreased 1.6% from a year earlier in June, following an 8.9% tumble in the previous month,...

Automotive

Used car imports increased 13% in July

According to DataHouse, 12,196 imported second-hand cars were put on the domestic market in July, an increase of 13% from...

Transport

BKK reports HUF 4.7 bln loss in 2019

BKK, the organizer and central company of public transport in Budapest, closed 2019 with a loss of HUF 4.7 billion,...

Pharma

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharmaceutical logistics increasingly depends on digitalization, automation and quality assurance alongside scale....

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 Moves Toward Full Automation

Competitiveness in pharmaceutical logistics increasingly depends on digitalization, automation and quality assurance alongside scale....

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...