Industry

Deals

Waberer’s Acquiring 51% Stake in Petrolsped

Waberer's International has signed a preliminary agreement to acquire a 51% stake in railway transport company Petrolsped, the listed hauler...

Manufacturing

Szeplast Invests HUF 1.3 bln in Capacity Expansion

PVC granule maker Szeplast is investing over HUF 1.3 billion to expand capacity and broaden its product palette, the company...

Deals

Formula 1 Extends Hungarian Grand Prix Deal Till 2032

Formula 1 on Saturday announced that the Hungarian Grand Prix would remain on the calendar for another five years until...

Retail

Price-monitoring Platform Could Shave 0.6 pp off Inflation

An online price-monitoring platform launched by the Competition Office (GVH) and the Economic Development Ministry could reduce food prices by...

Transport

CPI Could Reach Single Digits by October – Minister

Hungary's inflation rate could drop into the single digits by October or November, Gergely Gulyás, the head of the Prime...

Pharma

Richter Signs Agreement to Acquire Giskit MD

Hungarian pharmaceutical company Gedeon Richter on Thursday announced it signed an agreement to purchase Giskit MD, which makes products for...

Manufacturing

EGW Technologies Starts Production of Heating Windows

EGW Technologies is starting production of a heating window it has developed, EGW Investment told state news wire MTI....

Retail

E-Invoices May Become Mandatory From Next Year

Electronic invoices may become mandatory in Hungary from January 1, according to the business daily Világgazdaság....

Retail

Hungary Video Game Market Could Reach HUF 100 bln

Hungary's video game market could reach HUF 100 billion this year, news agency MTI reports, citing research by Reacty Digital....

Automotive

AutoWallis Car Sales Climb 67% in H1

Listed car seller AutoWallis's vehicle sales rose 67% to 25,634 in the first half from the same period a year...

Deals

Liberty Steel Pays About HUF 20 bln for Dunaferr Assets

Liberty Steel paid about HUF 20 billion for the assets of troubled Hungarian steel maker Dunaferr, Economic Development Ministry state...

Pharma

Authorities, Pharmas Partner Against Drug Counterfeiting

Pharmaceutical makers and sellers signed a cooperation agreement with authorities on Thursday to crack down on counterfeit medicines more effectively,...

Automotive

Hungary EV Market Growth Ahead of CEE Peers

The European electric car market is growing rapidly, and Hungary has made good progress in the Central European region, according...

Manufacturing

Slovenia Industrial Output Shrinks Less in May

Slovenia's industrial production fell 4.9% year-on-year in May, following a downwardly revised 9.8% decrease in the prior month, the Ljubljana-based...

Retail

Czech Retail Sales Drop in May 

Retail trade in the Czech Republic declined 6.1% year-on-year in May, easing from a downwardly revised 8.4% slump in the...

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...

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...

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...

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...