Industry

Automotive

Latvia producer prices fall in March

Latvia’s producer prices fell for the sixth month in a row in March, the latest figures from the Riga-based Central...

Automotive

Lithuania industrial production decrease in March

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

Automotive

Nearly 250,000 jobs lost in Romania during state of emergency

The number of labor contracts terminated since the authorities instated the state of emergency in Romania on March 16 reached...

Automotive

Nearly 250,000 jobs lost in Romania during state of emergency

The number of labor contracts terminated since the authorities instated the state of emergency in Romania on March 16 reached...

Deals

Gen govʼt deficit reaches HUF 831.9 bln in March, ministry confirms

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 831.9 billion at the end of March, the Finance...

Retail

Afterschool club takes coding courses online

The novel coronavirus has brought a lot of challenges for a variety of sectors, education being one of them. The...

Automotive

Poland retail sales decline in March

Poland’s retail sales fell sharply in March as demand slumped amid the coronavirus pandemic, figures from the country’s Central Statistical...

Deals

BDPST to sell stake in Appeninn

Property developer BDPST intends to sell its 29.3% stake in listed holding company Appeninn, according to a press release sent...

Deals

US-based Brink’s completes buy of G4S’ cash ops in Czech Republic, Romania

U.S.-based cash management company Brink’s, Inc. says that it has completed the acquisition of G4S plc’s cash operations in Czech...

Deals

Govʼt expects transfers of HUF 100 bln from Brussels in coming weeks

The government expects European Union transfers of HUF 100 billion to arrive from Brussels in the coming weeks, state news...

Retail

Richter takes steps to ensure supply, protect staff

Pharmaceutical company Gedeon Richter took a number of steps to ensure a sustainable supply of reliable treatment for patients and...

Retail

SIÓ-Eckes donates 35,000 products to hospitals, families

Fruit juice producer SIÓ-Eckes announced canceling price increases planned for 2020 and donating 35,000 SIÓ and hohes C products to...

Retail

Share of online shoppers below EU average

The percentage of Hungarians who shopped online stood at 49% last year, somewhat below the EU average of 60%, according...

Transport

Polish national carrier LOT plans pay cuts

National carrier LOT Polish Airlines has said it will cut wages for some staff amid the coronavirus crisis but is...

Retail

BorsodChem donating cash, masks and disinfectant to community

The Chinese-owned Hungarian chemical raw material maker BorsodChem has provided HUF 20 million, 10,000 liters of disinfectant and 10,000 masks...

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...