Industry

Deals

Opus Global parts with last of Appeninn shares

Listed holding company Opus Global has sold the last of its shares in listed property company Appeninn, state news wire...

Automotive

Romania inflation eases, industrial production falls

Romania’s consumer price inflation eased in May, data from the National Institute of Statistics (INS) shows. The consumer price index...

Transport

Qatar Airways restarts flights Budapest and Doha

Starting today, Qatar Airways offers three flights per week between Budapest and Doha, operated by a Boeing 787 Dreamliner offering...

Retail

Beer sales soar to HUF 25 bln amid COVID lockdown in March, April

The domestic retail turnover of beer was more than HUF 25 billion between March and April, which represents an increase...

Automotive

Automotive industry output drops 80% y.o.y. in April

The output of the automotive industry, representing approximately 10% of Hungaryʼs total manufacturing output, fell by 80% year-on-year in April,...

Pharma

HUPHAR names cariprazine ʼ2019 Medicine of the Yearʼ

The Hungarian Society for Experimental and Clinical Pharmacology (HUPHAR) has named Gedeon Richterʼs antipsychotic cariprazine "2019 Medicine of the Year",...

Automotive

Slovakia industrial production logs record fall in April

Slovakiaʼs industrial production declined at a record pace in April, data from the Slovak Statistical Office (SÚSR) shows. Industrial production...

Automotive

Net investment in Romania up in Q1

Net investment in Romania’s economy increased 5% on the year in the first quarter of 2020, reaching RON 18.44 billion...

Retail

EBRD lends EUR 50 mln to Polish wholesaler Eurocash

Polish customers will enjoy a wider choice of goods when shopping online thanks to the acquisition of full control over...

Transport

FlixBus relaunches Budapest-Vienna service

FlixBusʼ service between Budapest and Vienna restarts today, with four departures per day from both cities in the initial relaunch...

Automotive

Romania GDP growth slows in Q1

Romania’s economic growth decelerated to 2.4% year-on-year in the first quarter of 2020, compared to a 5% annual increase in...

Automotive

Bulgaria industrial production fall for second month in April

Bulgaria industrial production fell for the second straight month in April, according to the latest data from the National Statistical...

Automotive

Lada imports suspended indefinitely

The import of the new car from the Russian Lada brand has been suspended for an indefinite period of time,...

Automotive

Czech industrial production declines in April

The Czech Republic’s industrial production declined in April, according to the latest data released by the Czech Statistical Office (CZSO)....

Retail

President plans to give all Polish children holiday vouchers

Polish President Andrzej Duda has said he wants to give families an electronic voucher of PLN 500 (EUR 113) per...

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...