Business

Manufacturing

Industrial Production Decreases in May

The volume of industrial production dropped in May 2024 by 5.2% year-on-year, based on working-day adjusted data, production declined by...

Manufacturing

Czech Industrial Output Decline Worsens in May

The Czech Republic's industrial production declined a working-day-adjusted 3.2% year-on-year in May, much faster than the 0.4% drop in April,...

Appointments

New Managing Director at OMV Hungary

Ján Hrivňák took over as managing director and head of the retail division of OMV Hungária Kft. this month, the...

Deals

Unione Acquires Interspar Units in Nyíregyháza and Zalaegerszeg

Unione Group has acquired a retail portfolio composed of two Interspar stand-alone units located in Nyíregyháza and Zalaegerszeg, leased and...

Retail

Bulgarian Retail Sales Growth Slows in May

Retail sales in Bulgaria increased by 1.6% year-on-year in May, slowing down from a 9.9% rise in the previous month,...

Automotive

BMW Leads Premium Segment in Hungary

BMW Group Magyarország sold 2,765 new BMW models in Hungary in the first half, making it market leader in the...

Automotive

Hipa: Punitive Tariffs on Chinese EVs Don’t Benefit Automotive Industry

Punitive tariffs on some Chinese EVs imposed by the European Commission benefit neither consumers nor manufacturers in Europe, the CEO...

Transport

Vehicles With Green License Plates Rises to 100,000+

The number of vehicles with green number plates in Hungary has risen to more than 100,000, the Ministry of Energy...

Retail

Retail Sales up 3.6% y.o.y. in May

In May 2024, the volume of retail trade in Hungary according to both raw and calendar-adjusted data was 3.6% higher...

Residential

Duna House Commissions Revenue Climbs 33% in Q2

Commissions revenue of Duna House's franchise network rose 33% year-on-year to HUF 4.1bn in the second quarter, the listed real...

Transport

UPS Healthcare Invests Over EUR 20 mln to Boost Temperature-Controlled Fleet

UPS Healthcare is investing more than EUR 20 million in buying over 200 state-of-the-art, temperature-controlled vehicles to enhance its comprehensive...

Retail

Czech Retail Sales Growth Eases in May

Retail trade in the Czech Republic grew 4.4% year-on-year in May, slowing from an upwardly revised 5.7% gain in the...

Manufacturing

Estonian Industrial Output Falls Further in May

Estonia's industrial production fell 1.2% year-on-year in May, easing from an upwardly revised 4.8% drop in the previous month, data...

Transport

Budapest Airport Sets up Support Points for Passengers Waiting out Delays

Budapest Airport has designated dedicated waiting areas for passengers facing flight delays, the operator of Ferenc Liszt International said on...

Science

Quantum Computing: Insights From a Senior Research Scientist

Robert Bosch Kft. and the Bosch Budapest Innovation Campus hosted the “Recent Advances in Quantum Computing and Technology” (ReAQCT) conference...

Manufacturing

Industrial Production Decreases in May

The volume of industrial production dropped in May 2024 by 5.2% year-on-year, based on working-day adjusted data, production declined by...

Manufacturing

Czech Industrial Output Decline Worsens in May

The Czech Republic's industrial production declined a working-day-adjusted 3.2% year-on-year in May, much faster than the 0.4% drop in April,...

Appointments

New Managing Director at OMV Hungary

Ján Hrivňák took over as managing director and head of the retail division of OMV Hungária Kft. this month, the...

Deals

Unione Acquires Interspar Units in Nyíregyháza and Zalaegerszeg

Unione Group has acquired a retail portfolio composed of two Interspar stand-alone units located in Nyíregyháza and Zalaegerszeg, leased and...

Retail

Bulgarian Retail Sales Growth Slows in May

Retail sales in Bulgaria increased by 1.6% year-on-year in May, slowing down from a 9.9% rise in the previous month,...

Automotive

BMW Leads Premium Segment in Hungary

BMW Group Magyarország sold 2,765 new BMW models in Hungary in the first half, making it market leader in the...

Automotive

Hipa: Punitive Tariffs on Chinese EVs Don’t Benefit Automotive Industry

Punitive tariffs on some Chinese EVs imposed by the European Commission benefit neither consumers nor manufacturers in Europe, the CEO...

Transport

Vehicles With Green License Plates Rises to 100,000+

The number of vehicles with green number plates in Hungary has risen to more than 100,000, the Ministry of Energy...

Retail

Retail Sales up 3.6% y.o.y. in May

In May 2024, the volume of retail trade in Hungary according to both raw and calendar-adjusted data was 3.6% higher...

Residential

Duna House Commissions Revenue Climbs 33% in Q2

Commissions revenue of Duna House's franchise network rose 33% year-on-year to HUF 4.1bn in the second quarter, the listed real...

Transport

UPS Healthcare Invests Over EUR 20 mln to Boost Temperature-Controlled Fleet

UPS Healthcare is investing more than EUR 20 million in buying over 200 state-of-the-art, temperature-controlled vehicles to enhance its comprehensive...

Retail

Czech Retail Sales Growth Eases in May

Retail trade in the Czech Republic grew 4.4% year-on-year in May, slowing from an upwardly revised 5.7% gain in the...

Manufacturing

Estonian Industrial Output Falls Further in May

Estonia's industrial production fell 1.2% year-on-year in May, easing from an upwardly revised 4.8% drop in the previous month, data...

Transport

Budapest Airport Sets up Support Points for Passengers Waiting out Delays

Budapest Airport has designated dedicated waiting areas for passengers facing flight delays, the operator of Ferenc Liszt International said on...

Science

Quantum Computing: Insights From a Senior Research Scientist

Robert Bosch Kft. and the Bosch Budapest Innovation Campus hosted the “Recent Advances in Quantum Computing and Technology” (ReAQCT) conference...

Industrial Production Decreases in May

The volume of industrial production dropped in May 2024 by 5.2% year-on-year, based on working-day adjusted data, production declined by...

Czech Industrial Output Decline Worsens in May

The Czech Republic's industrial production declined a working-day-adjusted 3.2% year-on-year in May, much faster than the 0.4% drop in April,...

New Managing Director at OMV Hungary

Ján Hrivňák took over as managing director and head of the retail division of OMV Hungária Kft. this month, the...

Unione Acquires Interspar Units in Nyíregyháza and Zalaegerszeg

Unione Group has acquired a retail portfolio composed of two Interspar stand-alone units located in Nyíregyháza and Zalaegerszeg, leased and...

Bulgarian Retail Sales Growth Slows in May

Retail sales in Bulgaria increased by 1.6% year-on-year in May, slowing down from a 9.9% rise in the previous month,...

BMW Leads Premium Segment in Hungary

BMW Group Magyarország sold 2,765 new BMW models in Hungary in the first half, making it market leader in the...

Hipa: Punitive Tariffs on Chinese EVs Don’t Benefit Automotive Industry

Punitive tariffs on some Chinese EVs imposed by the European Commission benefit neither consumers nor manufacturers in Europe, the CEO...

Vehicles With Green License Plates Rises to 100,000+

The number of vehicles with green number plates in Hungary has risen to more than 100,000, the Ministry of Energy...

Retail Sales up 3.6% y.o.y. in May

In May 2024, the volume of retail trade in Hungary according to both raw and calendar-adjusted data was 3.6% higher...

Duna House Commissions Revenue Climbs 33% in Q2

Commissions revenue of Duna House's franchise network rose 33% year-on-year to HUF 4.1bn in the second quarter, the listed real...

UPS Healthcare Invests Over EUR 20 mln to Boost Temperature-Controlled Fleet

UPS Healthcare is investing more than EUR 20 million in buying over 200 state-of-the-art, temperature-controlled vehicles to enhance its comprehensive...

Czech Retail Sales Growth Eases in May

Retail trade in the Czech Republic grew 4.4% year-on-year in May, slowing from an upwardly revised 5.7% gain in the...

Estonian Industrial Output Falls Further in May

Estonia's industrial production fell 1.2% year-on-year in May, easing from an upwardly revised 4.8% drop in the previous month, data...

Budapest Airport Sets up Support Points for Passengers Waiting out Delays

Budapest Airport has designated dedicated waiting areas for passengers facing flight delays, the operator of Ferenc Liszt International said on...

Quantum Computing: Insights From a Senior Research Scientist

Robert Bosch Kft. and the Bosch Budapest Innovation Campus hosted the “Recent Advances in Quantum Computing and Technology” (ReAQCT) conference...