Industry

Retail

Tata Intent on Upskilling and Empowering its Growth

The latest expansion by Tata Consultancy Services in Budapest, the opening of its Digital Services Center, is further proof of...

Automotive

Automotive sector output down 10% y.o.y. in Dec

Output of Hungaryʼs automotive sector, an engine of industrial growth, dropped 10.4% year-on-year in December, falling for the first time...

Pharma

New iiPay office to open in Budapest

Market-leading cloud-based global payroll and technology services company Integrated International Payroll (iiPay) announced opening a new office in Hungary as...

Automotive

Bulgaria retail sales jumps in December

Bulgaria’s retail sales increased 5.4% year-on-year in December, after rising 2.5% in the previous month, the National Statistical Institute (NSI)...

Automotive

Slovenia industrial output slows in December

Industrial production in Slovenia increased 1% year-on-year in December, following an upwardly revised 1.5% rise in the previous month, provisional...

Automotive

Slovakia industrial production falls fifth month

Slovakia industrial production declined for the fifth month in a row in December, data from the Slovak Statistical Office (SÚSR)...

Deals

Skanska appoints new CEE commercial development leadership

Development and construction company Skanska announced the appointment of a new senior leadership team overseeing its commercial development operations in...

Deals

State wealth increased 52% in past decade

The book value of state assets has increased by 52%, or about HUF 6 trillion, compared to 2010, Minister Without...

Transport

Wizz Air ends Budapest-Frankfurt flight

Wizz Air has announced that it will cease offering flights between Budapest and Frankfurt from April 30, the low-cost airline...

Deals

Deloitte Hungary appoints new tech advisory partner

Big Four firm Deloitte Hungary announced the appointment of Dániel Kiss as partner of its technology advisory branch, effective February...

Retail

KitKat Gold to debut in Hungary

Nestlé announced bringing KitKat Gold to Hungary, making the country one of the first European markets of the candy bar,...

Deals

Gen govʼt shows January surplus

Hungaryʼs cash flow-based general government balance, excluding local councils, had a HUF 90.4 billion surplus in January, the Finance Ministry...

Automotive

Czech industrial production falls in December

The Czech Republic’s industrial production declined further and its trade deficit increased in December, figures from the Czech Statistical Office...

Retail

MNB warns against Facebook cryptocurrency scammers

The National Bank of Hungary (MNB) has issued a warning against scammers offering “pre-sales” of Facebook’s planned cryptocurrency Libra, says...

Pharma

Cigarette sales climb in 2019

Hungaryʼs National Tax and Customs Authority (NAV) recorded sales of 8.3 billion cigarettes last year, 11% more than in 2018,...

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...