Industry

Retail

New CEE e-commerce news site launches

A news site focusing on the CEE region and reporting on e-commerce and online retail, dee-tail.com, has been launched recently,...

Retail

U.S. Startup Learning From Design Terminal Mentoring Program

Boston-based startup Socialmap decided to join a mentoring program in Hungary by Design Terminal to gain experience and exposure in...

Automotive

Industrial Output Disappoints in November

Following a rebound in October, the volume of Hungary’s industrial production dropped again in November, disappointing analysts who are now...

Deals

Getting to Grips with 2019

Deals

Audi Hungaria union forms strike committee

The Audi Hungaria Independent Trade Union (AHFSZ) has formed a strike committee after failing to reach an agreement on wage...

Deals

IKEA Hungary turnover climbs more than 23%

IKEA Hungaryʼs net revenues rose 23.3% to HUF 75.5 billion in its business year ending August 31, 2018, the Swedish...

Pharma

Ceva-Phylaxia to build HUF 8.2 bln animal vaccine base

French-owned veterinary health company Ceva-Phylaxia Oltóanyagtermelő will spend some HUF 8.2 billion to build a vaccine plant and R&D base...

Deals

László Szíjj secures 32.9% stake in MKB Bank

László Szíjj, the owner of construction company Duna Aszfalt, has acquired a 32.9% stake in MKB Bank that was indirectly...

Transport

Wizz Air announces 8 new routes from Macedonia

As of March and July this year, low-cost airline Wizz Air will start operating eight new routes from Macedonia’s capital...

Automotive

Nestlé Romania to close plant, move production to Hungary

Nestlé Romania  has announced that it will start procedures to close down its production unit in Timisoara by May 2019,...

Deals

SEE Property Forum 2019 to be held in Bucharest

This yearʼs SEE Property Forum will be held in Radisson Blue Hotel Bucharest, Romania between March 20-21 with more than...

Deals

Bem cinema screens ‘Leaving Las Vegas’

Directed by Mike Figgis, and starring Nicolas Cage, “Leaving Las Vegas” is on the screen in Bem cinema with English...

Deals

Croatia drafts legislation eliminating stateʼs stakeholder privileges in INA

Croatiaʼs government has drafted amendments to the countryʼs Privatization Act that would eliminate the stateʼs special ownership rights in Croatian...

Automotive

Industrial production increases by 4% in November y.o.y.

The volume of industrial output increased by 4% year-on-year in November 2018. Based on working-day adjusted data, production grew by...

Deals

CE venture capital market ʼcarefully optimisticʼ, says Deloitte

According to Deloitteʼs latest survey about Central European venture capital confidence, while the market is still going strong, the pace...

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...