Industry

Deals

Croatia’s Meritus, U.K.-based Concentric Technologies agree to set up JV

Croatian business process outsourcing services provider Meritus Ulaganja (M+ Group) said that its Meritus Upravljanje unit plans to establish a...

Manufacturing

New study ranks Czech Rep. best manufacturing destination in Europe

The Czech Republic is the best manufacturing destination in Europe, according to a new study carried out by real estate...

Retail

Polish chain PEPCO planning to open 30 stores in Serbia

The Polish chain of clothing and home equipment retail stores Pepco has announced that it will open its first stores...

Automotive

Weekend traffic restrictions for heavy trucks to persist

Weekend traffic restrictions for heavy trucks will be extended into July and August, according to uzletem.hu....

Deals

AutoWallis Group to acquire 40% stake in Iniciál Autóház

AutoWallis Group announced that it agreed to acquire a 40% stake in Iniciál Autóház Ltd., a company with 25 years...

Retail

Country of origin label will be required for more meat

Based on the positive experiences of the labeling requirement introduced in the case of pork, the Ministry of Agriculture has...

Manufacturing

Czech manufacturing decline slows in June

The Czech Republic’s manufacturing sector deteriorated at a softer pace in June after the lockdown restrictions linked to the coronavirus...

Retail

Building the Startup Community Thru Crowdfunding

Tokeportal bills itself as the first Hungarian equity-based crowdfunding platform, and one of the pioneers in Central and Eastern Europe....

Retail

Sampling ʼNew Normalʼ Business Sentiment

Now that the lockdown and restrictive measures introduced to keep the spread of the novel coronavirus at bay have been...

Deals

GalCap Europe buys Rumbach Center for German Fund

GalCap Europe, a real estate asset and investment manager specializing in Austria and Central Europe, has acquired the Rumbach Center...

Manufacturing

Electrolux ceases production of combi top freestanding refrigerators in Jászberény

Swedish appliances maker Electrolux has ceased production of combi top freestanding refrigerators at its base in Jászberény (about 65 km...

Deals

Cordia to book immediate profits of EUR 38.2 mln from Polnord takeover

Cordia International Zrt., has recently acquired 93% of Warsaw listed Polish residential developer Polnord S.A. through a combination of capital...

Retail

‘Feed the Doctors’ Initiative Becomes Permanent Non-profit

“Feed the Doctors”, the initiative founded by members of Budapest’s restaurant scene at the height of the pandemic, has evolved...

Deals

Scope affirms Cordia rating

Scope Ratings has affirmed the "BB" issuer rating, with stable outlook, of Hungarian property developer Cordia International, Cordia said in...

Automotive

Slovakia producer prices fall for second month in May

Slovakia’s producer price declined for the second straight month in May, the latest figures from the Slovak Statistical Office (SÚSR)...

Pharma

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

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 pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

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...