Industry

Transport

Procurement Announced for H8, H9 HÉV Upgrade Plans Including Örs Vezér Tere Bridge

The Ministry of Construction and Transport has launched a public procurement procedure for the licensing and construction plans for upgrading...

Automotive

AutoWallis to Open New BYD Dealership in Debrecen

AutoWallis Nyrt. said it will expand its partnership with BYD, the world’s largest manufacturer of new energy vehicles, by opening...

Transport

Hungrail: Rail Freight Business Model No Longer Sustainable

Hungary's rail freight transport business model has become unsustainable, with toll revenues failing to cover costs, falling volumes, worsening capacity...

Automotive

China’s BYD Opens 5 New Dealerships in Hungary

China’s BYD is further expanding its sales and service network in Hungary, opening five new dealerships in the fourth quarter,...

Retail

Westend Launches First Hackathon to Redefine Visitor Experience

The Westend shopping center in Budapest, part of the Gránit Pólus Group, has launched its first-ever competition aimed at elevating...

Transport

MÁV Starts HUF 15 bln Station Renovation Program

MÁV is starting a HUF 15 billion station renovation program, financed by its own funds and money from the Hungarian...

Transport

Waberer’s Year-on-Year Earnings Jump Significantly in Q2

Second-quarter net income of listed hauler Waberer's reached approximately EUR 12.2 million, climbing from EUR 4.8 mln in the base...

Automotive

Asking Price for Used Cars Edges Down in June

The average asking price for used cars on sale edged down to HUF 5.4 million in June from HUF 5.2...

Transport

GVH Launches Probe Into Ryanair Over Suspected Misleading Practices

The Competition Office (GVH) has opened competition supervision proceedings against Irish low-cost carrier Ryanair on suspicion of unfair commercial practices...

Transport

American Airlines to Operate Budapest-Philadelphia Direct Flight

American Airlines will operate a daily direct flight between Budapest and Philadelphia from May 2026, National Economy Minister Marton Nagy...

Retail

Electronic Shelf Labels to Benefit Spar Staff and Shoppers

As part of its continued roll-out of digital innovations in Hungary, electronic shelf labels are now in use in more...

Manufacturing

Hungary’s Industrial Output Drops 4.9% in June Year-Over-Year

Hungarian industrial production declined by 4.9% in June 2025 compared to the same month last year, according to data released...

Retail

Hungary’s Retail Sales Rise 3% Year Over Year in June

Hungarian retail sales grew by 3% in June 2025 compared to the same month last year, according to both raw...

Pharma

Richter Revenue, Operating Profit Climb

First-half revenue and operating profit of Hungarian pharmaceutical company Gedeon Richter rose from the same period a year earlier, but...

Transport

Wizz Air Passenger Numbers up 6.8% in July, Load Factor Dips

Wizz Air carried 6.35 million passengers in July 2025, marking a 6.8% year-on-yeary increase, the discount airline said in a...

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...

Pharma

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

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...

Older Small Cars Rise in Price as Hungary’s Budget Used-Car Supply Shrinks

Suzuki Swift asking prices rose 25.8% year-on-year in September as the share of used cars below HUF 2.5 mln shrank,...

Lake Balaton Cycling Upgrades to Add Wider Paths and New Bridges

Nearly 20 km of the Lake Balaton cycling circuit will be renovated under two programs financed through EU and domestic...

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

FDA Accepts Richter’s Fylrevy Menopause Therapy Application for Review

The U.S. Food and Drug Administration (FDA) has accepted Gedeon Richter’s new drug application for Fylrevy, the Hungarian pharmaceutical company...

Egis Opens Major Pharmaceutical Distribution Center in Fót

Egis has opened a distribution center in Fót with capacity for 30,000 pallets, expanding its finished-product logistics operations to support...

Spar Files New EU Complaint Over Hungary’s Retail Tax

Spar has filed another complaint with the European Commission over Hungary’s retail sector tax, arguing that amendments offer relief only...

Continest and Sweden’s Flexotrap Join Forces on Modular Shooting Ranges

As defense spending grows in importance across Europe following Russia’s full-scale invasion of Ukraine, local firm Continest Technologies Plc. and...

Hungary Retail Sales Rise 2.4% in August

Hungary’s retail sales volume increased 2.4% year on year in August but fell 0.7% from July, according to data from...

Hungarian EV Market Continues to Grow, Leading CEE

Electromobility in Hungary continues to grow. In the first half of the year, 7,497 new all-electric passenger cars were registered,...

GTA VI Preview Sends Hungarian Console Interest Surging

Clicks from Hungarian price comparison site Árukereső to online console retailers rose roughly sevenfold the day after the Aug. 27...