Industry

Retail

Watchdog to check price hikes in Poland as coronavirus hits

A Polish consumer watchdog said on March 17 that it was setting up a team to monitor price hikes for...

Deals

Dreher announces 3 new managers

Dreher Breweries announced strengthening its management team by appointing three experts: Tomáš Kosmák as manufacturing director, Tibor Kovács as engineering...

Deals

MOL announces discovery in Norwegian North Sea

Hungarian oil and gas company MOL on Wednesday announced an offshore discovery in the Norwegian North Sea, state news wire...

Automotive

Hungary Audi plant to shut down from Monday

German carmaker Audi will shut down production at its base in Győr (about 123 km west of Budapest) from Monday...

Deals

GLP to acquire Goodman Group’s CEE logistics portfolio

GLP, global investment manager and business builder in logistics, real estate, infrastructure, finance and related technologies, announced that it has...

Deals

Value of bank card purchases, payments climb 24% in Q4

The value of domestic purchases and payments made with bank cards issued in Hungary rose almost a quarter in Q4...

Automotive

Czech industrial production decline slows in January

The Czech Republic’s industrial production declined at a softer pace in January, latest figures from the Czech Statistical Office (CZSO)...

Transport

Wizz Air could restore normal services from July

Wizz Air expects the situation in April to be similar to the one in March and which flights get canceled...

Transport

ATW names Wizz Air ʼ2020 Airline of the Yearʼ

Air Transport World (ATW) has named Wizz Air as the ATW "2020 Airline of the Year", with the airline becoming...

Deals

Hungary most vulnerable to China supply chain disruption

According to a recent data analysis of Europe by the Bruegel Institute, Hungarian industry is the most dependent on Chinese...

Deals

Private Banking: Strong Growth in 2019 Unlikely to be Replicated in Next 12 Months

Hungary’s private banking sector, where many of the country’s high-earners deposit their savings for safe keeping, saw its total assets...

Retail

Banks Rush to Embrace Digitalization to Trump FinTech Competition

While banks are closing branches internationally and the tech-savvy predict FinTechs could well dominate the financial competition, the reality shows...

Deals

Splicing American Go-getting with Hungarian Success

Graphisoft boss Huw Roberts is on a double journey of discovery, plotting how he takes the architectural software company to...

Automotive

Strong automotive sector output drives production growth in Jan

The volume of industrial production increased by 2.4% in January compared to the same period of the previous year, with...

Automotive

Bulgaria factory output shrinks in January

Bulgaria’s industrial production edged down 0.7% year-on-year in January, compared to an annual drop of 1.3% in the previous month,...

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...