Industry

Manufacturing

Manufacturing Sector Stuck in Stagnation

Hungary’s manufacturing industry remains trapped in stagnation, with the business barometer of the Kopint‑Tárki economic research institute hovering around 50...

Manufacturing

Manufacturing Sector Stuck in Stagnation

Hungary’s manufacturing industry remains trapped in stagnation, with the business barometer of the Kopint‑Tárki economic research institute hovering around 50...

Rising Fuel, Transport Costs Could Raise Parcel Delivery Prices

Foxpost announced that it will not raise prices for now, but warned that sustained increases in energy and fuel costs,...

MOL Boosts Stake in Alteo, Divests Holding in Waberer’s

MOL has raised its stake in alternative energy company Alteo close to 40% and parted with its 15% holding in...

Testing, Certification of Budapest-Belgrade Rail Line for Passenger Service Underway

Testing and certification of the upgraded Budapest-Belgrade rail line for passenger service is underway, but expected to take "several more...

Wizz Air Expands Budapest Summer Schedule With Record Capacity, New Routes

Wizz Air will operate more flights than ever before from the Hungarian capital during the summer schedule period, significantly expanding...

Lululemon Celebrates 1st Store Opening in Hungary

Global technical athletic brand Lululemon celebrated the opening of the first store in Hungary on Budapest's Fashion Street through its...

BMW to Set up HUF 1.7 bln Financial, Logistics Base in Debrecen

German car maker BMW will set up a HUF 1.7 billion financial and logistics centre in Debrecen, the Ministry of...

US Authority Extends Deadline for Finalizing Deal on MOL Acquisition of NIS

The U.S. Office of Foreign Assets Control (OFAC) has extended the deadline for negotiations on Hungarian oil and gas company...

Parking Biggest Source of Stress for Drivers, Simple Survey Finds

Finding a parking space is the biggest source of stress for drivers in Hungary, according to a recent survey conducted...

Hervis to Shutter Hungarian Webshop

Sports retail chain Hervis will close its Hungarian online store at midnight on March 31, 2026, according to customer notifications....

Number of BYD Dealerships in Hungary Set to Double

The number of brand dealerships of Chinese car maker BYD is set to reach 30 by year-end, climbing from 14...

Hungary Seeks to Postpone ETS2 for Buildings, Road Transport

Hungary does not support the introduction of the European Union's new emissions trading system (ETS2) for buildings and road transport,...

Audi Hungaria Revenue Reaches EUR 9.222 bln in 2025

Revenue of Audi Hungaria rose 7% to EUR 9.222 billion in 2025, the local unit of German car maker Audi...

Manufacturing Sector Stuck in Stagnation

Hungary’s manufacturing industry remains trapped in stagnation, with the business barometer of the Kopint‑Tárki economic research institute hovering around 50...

EVE Power Hungary, VOSZ Sign Strategic Partnership to Strengthen Local Supply Chain

EVE Power Hungary and the National Association of Entrepreneurs and Employers (VOSZ) signed a strategic cooperation agreement in Debrecen on...

More Than 1,000 Hungarians Evacuated From Middle East, Foreign Minister Says

Over 1,000 Hungarian nationals have been evacuated from the Middle East on flights either provided or contracted by the Hungarian...