Industry

Transport

Michael O’Leary: ‘Boeing Delays Remain our Greatest Challenge’

Ryanair boss has bemoaned an aircraft delivery bottleneck but defends Boeing’s safety record, even as he fears a state-owned Budapest...

Retail

Eggs 1/3 Cheaper This Easter

The price of eggs is expected to be about HUF 60 apiece around the Easter holiday, one-third cheaper than a...

Deals

Hungary, UAE Sign Deal Paving Way for Urban Rehabilitation Project

The governments of Hungary and the United Arab Emirates signed an economic cooperation agreement establishing the conditions for a EUR...

Retail

Czech Retail Sales Rise Further in January

The Czech Republic's retail sales increased for the second successive month in January, largely driven by more demand for non-food...

Manufacturing

Hungarian Industrial Production Falls in January, KSH Confirms

The volume of industrial production in Hungary declined in January 2024 by 3.6%, year-on-year. Based on working-day adjusted data production...

Retail

Competition Office Starts Procedure Against Temu’s European Operator

Hungary's Competition Office (GVH) on Wednesday announced the launch of a procedure against Whaleco Technology, the European operator of Chinese-owned...

Manufacturing

Slovenia Industrial Output Rebounds in January

Industrial output in Slovenia rose by 12.2% year-on-year in January, recovering from a revised 3.8% drop in the previous month,...

Retail

Easter Chocolate Sales Expected to Match 2023

Easter chocolate turnover is expected to be at the same level as in previous years, the National Chamber of Agrarian...

Pharma

GE HealthCare’s Mammo Campaign Comes to Hungary

In order to raise awareness of the importance of women's health awareness, on the occasion of International Women's Day, the...

Manufacturing

Slovakia Industrial Output Eases in January

Industrial production in Slovakia slowed 3.6% year-on-year in January from a 4.9% rise in the previous month, the Slovak Statistical...

Transport

Haulage Assocs Welcome New Driver Training Program

A recently launched driver training program is expected to alleviate the labor shortage and strengthen the competitive position of private...

Retail

Hungarian Retail Sales Stagnate in January

Retail sales in Hungary grew by about 0.6% year-on-year in January 2024, however, they remained unchanged compared to December 2023,...

Deals

ANY Security Printing Sets up JV in US

Hungary's ANY Security Printing Company on Friday announced the establishment of a 51pc-49pc joint venture in the United States with...

Transport

Number of Vehicles With Green Plates Nears 91,000

There were 90,823 vehicles registered in Hungary with green number plates at the end of February, up from 88,229 at...

Retail

Slovakia Retail Trade Rebounds in January

Retail sales in Slovakia grew 1.9% year-on-year in January, recovering from a downwardly revised 3.7% drop in the previous month,...

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...