Industry

Deals

Pork prices plummet

Over the past few days, the price of live pigs has fallen, having previously peaked due to African swine fever...

Deals

MVM acquires Mátrai power plant for HUF 17.4 bln

The state-owned Hungarian Electricity Works (MVM) has acquired Mátrai Erőmű, the countryʼs second-biggest power plant, for a price of HUF...

Transport

Qatar Airways upgrades services to help people get home

Qatar Airways says that it is looking to keep skies open and get as many people possible in the wake...

Deals

Currency depreciation puts tenants, landlords in difficult situation

The depreciation of most currencies in the CEE region in the last couple of months puts both landlords and tenants...

Pharma

Hankook Tire suspends production at plant in Hungary

South Koreaʼs Hankook Tire will suspend production at its plant in Hungary from Monday, according to a report by state...

Transport

Wizz Air suspends operations at Debrecen base, cancels Brussels flights

Discount carrier Wizz Air announced suspending operations at its base in Debrecen (195 km east of Budapest) until May 1,...

Automotive

Poland retail sales grow in February

Poland’s retail sales rose sharply in February, figures from the Polish Statistical Office (GUS) show. Retail sales rose 7.3% year-on-year...

Retail

Matusz-Vad opens online food store for general public

Matusz-Vad Zrt., a company specializing in supplying the hospitality industry, has decided to open an online food store for the...

Automotive

Poland industrial production rises in February

Poland’s industrial production rose at a faster-than-expected rate in February, and producer price inflation slowed, figures from the Central Statistical...

Transport

Wizz Air to cancel flight to Kutaisi and Tirana

Wizz Air has announced the cancelation of its flights between Budapest and Kutaisi from March 21 until April 20, and...

Retail

Online shopping demand up dramatically

Shopping habits have changed as a result of the coronavirus epidemic, but delivery times for groceries ordered online have become...

Automotive

Construction of BMW’s Debrecen plant to continue

BMW has announced that the construction of its EUR 1 billion factory in Debrecen (225 km east of Budapest) will...

Automotive

Poland employment, average gross wages up in February

Employment in Poland’s enterprise sector, which concerns units employing more than nine persons, rose by an annual 1.1% to 6.446...

Automotive

Audi Hungaria revenue up 16% in 2019

The Hungarian unit of German carmaker Audi had revenue of EUR 8.56 billion in 2019, up 16% from a year...

Retail

Tesco recruiting temporary workers

Tesco is recruiting people for temporary jobs, says penzcentrum.hu. There is a great deal of work involved in finding people...

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...