Industry

Transport

Wizz Air Booking System to Go Offline Temporarily on Jul 4

Wizz Air will soon be carrying out maintenance work on its online interfaces. The airline's website and mobile app will...

Deals

MOL Closes OMV Slovenija Acquisition

Hungarian oil and gas company MOL said on Friday that it closed the acquisition of Slovenian peer OMV Slovenija, temporarily...

Retail

Latvia Retail Sales Shrink in May

Retail sales in Latvia fell by 1% year-on-year in May, following an upwardly revised 3.1% decline in the prior month,...

Manufacturing

Unilever Inaugurates HUF 23 bln Capacity Expansion

FMCG giant Unilever inaugurated a HUF 23 billion capacity expansion at its household chemicals plant in Nyírbátor, creating 80 jobs,...

Automotive

BYD to Construct Battery Plant in Fót

China's BYD, the world's biggest electric vehicle maker, will set up a battery assembly plant in Fót (20 km northeast...

Retail

Slovenia Retail Sales Shrink in May

Retail sales in Slovenia shrank 13.4% year-on-year in May, slipping further from an 8.6% fall in the previous month, data...

Manufacturing

Magnus to Start Construction of Chinese Production Plant

A unit of Hungary's Magnus Aircraft could start the construction in July of the first production plant of a base...

Retail

Gov’t to Extend Mandatory Food Discounts From August

The government-mandated discounts on food products that larger supermarkets have been required to offer since June will be extended to...

Automotive

Economic Dev Minister Meets With Audi Hungaria Execs

Economic Development Minister Márton Nagy on Tuesday met with Alfons Dintner, chairman of the board, and other executives of the...

Retail

Penny Expanding Home Deliveries in Hungary

As the next step in the cooperation between Penny and Roksh, home deliveries from the retail chain are now available...

Transport

Wizz Air Launching Flights to Cairo

Wizz Air will launch flights from Budapest to Cairo three times a week from the end of October, Minister of...

Manufacturing

Lithuania May Industrial Output Rises on Year

Industrial production in Lithuania grew 2.1% year-on-year in May, marking the first increase in industrial activity since last September, and...

Transport

Gebrüder Weiss Tests Hydrogen-powered Truck in Hungary

Gebrüder Weiss Kft. is the first company in Hungary to start testing a hydrogen-powered truck for transport. Bálint Varga, managing...

Retail

Poland Retail Sales Fall in May

Poland's retail sales fell by 6.8% year-on-year in May, slowing from the 7.3% drop in the previous month, data from...

Automotive

Auto Registrations Fall 11.2% y.o.y. in May

The number of new passenger auto registrations in Hungary fell 11.2% year-on-year to 8,999 in May, according to data compiled...

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...