Industry

Automotive

Bosnia’s retail sales down on year up on month in May

Bosnia’s retail sales shrank by a real 10.7% on the year in May, after decreasing by an annual 34.6% in...

Pharma

Sensirion announces new production site in Hungary

Swiss sensor technology company Sensirion will establish a new production site in Debrecen (about 194 km east of Budapest) to...

Pharma

Govʼt aids MOL, Audi, Szeged uni R&D partnership with HUF 4 bln

The government is supporting a research partnership between oil and gas company MOL, the local unit of German carmaker Audi...

Automotive

Bosnia’s annual deflation deepens in May

Bosnia and Herzegovina’s consumer price index (CPI) decreased by 2.1% year-on-year in May, after dropping by 1.2% a month earlier,...

Retail

ALDI to extend opening hours around lakes during summer tourist season

ALDI will extend the opening hours of its stores around Lake Balaton and Lake Velence during the high tourist season,...

Automotive

Magyar Suzukiʼs net revenue grows by 23% in 2019

Magyar Suzuki sold 194,447 vehicles in 123 countries around the globe in 2019, while growing its net revenue to nearly...

Deals

GKI forecasts 5.7% economic contraction in 2020

Economic research institute GKI projects Hungaryʼs economy will contract 5.7% this year, if there is no second wave of coronavirus...

Transport

Freight transport performance drops 12% in Q1 because of pandemic

Performance of freight transport companies in Hungary was down 12% in the first quarter from a year earlier at 13.5...

Automotive

Lithuania industrial production falls in May

Lithuania’s industrial production declined in May, according to the latest figures from Statistics Lithuania (LS). Industrial production decreased a working-day...

Deals

MOL announces conditions of ING share option agreements

Hungarian oil and gas company MOL on Tuesday announced the terms and conditions of share option agreements it concluded with...

Automotive

Estonia producer prices continue to fall in May

Estonia’s producer prices continued to fall in May, the latest data from Statistics Estonia (SE) shows. The producer price index...

Automotive

Poland retail sales decline in May

Poland’s retail sales dropped in May, the latest figures from the Warsaw-based Central Statistical Office (GUS) show. Retail sales fell...

Automotive

Industry Endures Unprecedented Collapse in April

The coronavirus pandemic has taken its toll on all economies: in the EU, the average setback in industrial output was...

Automotive

Croatia jobless rate climbs in May

Croatia’s registered unemployment rate edged up to 9.5% in May, from 9.4% at the end of April, the Croatian Bureau...

Automotive

Poland industrial production, producer prices fall

Poland’s industrial production declined at a faster-than-expected rate in May, and producer prices decreased for the third straight month, figures...

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...