Business

Automotive

Volvo Cars to establish EV plant in Slovakia

Volvo has decided to invest around EUR 1.2 billion to establish a third electric vehicle (EV) manufacturing plant in Europe...

Appointments

AutoWallis’ shareholders elect new supervisory board member

AutoWallis held an extraordinary general meeting on July 1 where shareholders elected Petra Birkás as Supervisory Board member and decided...

Retail

GVH fines Casio wholesaler HUF 325 mln for illegal price-fixing

Hungary's competition office GVH fined the Hungarian distributor of Casio watches and keyboard instruments and its Czech parent company for...

Manufacturing

Czech manufacturing sector contracts in June

Czech manufacturing activity deteriorated for the first time in almost two years in June, driven by a renewed contraction in...

Manufacturing

3,000 employers pledge to hire 14,000 students

Around 3,000 employers have signaled they would employ 14,000 students as part of a state-supported program that places students in...

Podcasts

MNB and Budapest Institute of Banking executive director Gergely Fábián talks about Hungary’s new interactive and engaging Money Museum

Executive Director at the Hungarian National Bank and of the Budapest Institute of Banking Gergely Fábián discusses Hungary’s brand new...

Retail

Croatia retail sales slow in May

Croatia's retail sales volume rose by 4.3% on the year in real terms in May, following an increase of 5.7%...

Deals

Waberer’s minority stakeholders announce buyout offer

Minority stakeholders in listed Hungarian hauler Waberer's International will make a buyout offer for outstanding shares in the company at...

HR

Vodafone introduces comprehensive health insurance service for employees

Medicover Corporate Health Insurance is now available for Vodafone Hungary's employees, allowing them to access a wide range of healthcare...

Deals

Rába buys out Rekard group

Listed Hungarian automotive company Rába Jarműipari Holding on Friday said it purchased a 75.1% stake in peer Rekard Hajtómű- es...

Retail

Estonia retail sales growth eases in May

Estonian retail trade grew by 1.9% year-on-year in May, after a 12.3% jump a month earlier, data from Tallinn-based Statistics...

Residential

Holiday destination home prices climb 12% in Hungary

Home prices in areas of Hungary popular with holidaymakers rose 12% on average last year, research conducted by Takarék Mortgage...

Fintech

iBanFirst acquires currency exchange outfit Cornhill

The acquisition of Cornhill, the U.K.-based payment institution specializing in foreign exchange and risk management, by iBanFirst, a French global...

Telco

Magyar Telekom switches off 3G mobile network

Magyar Telekom on Friday said it had switched off its 3G network, which is no longer available anywhere as of...

Fintech

Digital Customer Service Firm FaceKom Says Will go Public After Record Year

FaceKom, a Hungarian-owned company that is a market leader in corporate remote digital customer identification, has said it plans to...

Automotive

Volvo Cars to establish EV plant in Slovakia

Volvo has decided to invest around EUR 1.2 billion to establish a third electric vehicle (EV) manufacturing plant in Europe...

Appointments

AutoWallis’ shareholders elect new supervisory board member

AutoWallis held an extraordinary general meeting on July 1 where shareholders elected Petra Birkás as Supervisory Board member and decided...

Retail

GVH fines Casio wholesaler HUF 325 mln for illegal price-fixing

Hungary's competition office GVH fined the Hungarian distributor of Casio watches and keyboard instruments and its Czech parent company for...

Manufacturing

Czech manufacturing sector contracts in June

Czech manufacturing activity deteriorated for the first time in almost two years in June, driven by a renewed contraction in...

Manufacturing

3,000 employers pledge to hire 14,000 students

Around 3,000 employers have signaled they would employ 14,000 students as part of a state-supported program that places students in...

Podcasts

MNB and Budapest Institute of Banking executive director Gergely Fábián talks about Hungary’s new interactive and engaging Money Museum

Executive Director at the Hungarian National Bank and of the Budapest Institute of Banking Gergely Fábián discusses Hungary’s brand new...

Retail

Croatia retail sales slow in May

Croatia's retail sales volume rose by 4.3% on the year in real terms in May, following an increase of 5.7%...

Deals

Waberer’s minority stakeholders announce buyout offer

Minority stakeholders in listed Hungarian hauler Waberer's International will make a buyout offer for outstanding shares in the company at...

HR

Vodafone introduces comprehensive health insurance service for employees

Medicover Corporate Health Insurance is now available for Vodafone Hungary's employees, allowing them to access a wide range of healthcare...

Deals

Rába buys out Rekard group

Listed Hungarian automotive company Rába Jarműipari Holding on Friday said it purchased a 75.1% stake in peer Rekard Hajtómű- es...

Retail

Estonia retail sales growth eases in May

Estonian retail trade grew by 1.9% year-on-year in May, after a 12.3% jump a month earlier, data from Tallinn-based Statistics...

Residential

Holiday destination home prices climb 12% in Hungary

Home prices in areas of Hungary popular with holidaymakers rose 12% on average last year, research conducted by Takarék Mortgage...

Fintech

iBanFirst acquires currency exchange outfit Cornhill

The acquisition of Cornhill, the U.K.-based payment institution specializing in foreign exchange and risk management, by iBanFirst, a French global...

Telco

Magyar Telekom switches off 3G mobile network

Magyar Telekom on Friday said it had switched off its 3G network, which is no longer available anywhere as of...

Fintech

Digital Customer Service Firm FaceKom Says Will go Public After Record Year

FaceKom, a Hungarian-owned company that is a market leader in corporate remote digital customer identification, has said it plans to...

Volvo Cars to establish EV plant in Slovakia

Volvo has decided to invest around EUR 1.2 billion to establish a third electric vehicle (EV) manufacturing plant in Europe...

AutoWallis’ shareholders elect new supervisory board member

AutoWallis held an extraordinary general meeting on July 1 where shareholders elected Petra Birkás as Supervisory Board member and decided...

GVH fines Casio wholesaler HUF 325 mln for illegal price-fixing

Hungary's competition office GVH fined the Hungarian distributor of Casio watches and keyboard instruments and its Czech parent company for...

Czech manufacturing sector contracts in June

Czech manufacturing activity deteriorated for the first time in almost two years in June, driven by a renewed contraction in...

3,000 employers pledge to hire 14,000 students

Around 3,000 employers have signaled they would employ 14,000 students as part of a state-supported program that places students in...

MNB and Budapest Institute of Banking executive director Gergely Fábián talks about Hungary’s new interactive and engaging Money Museum

Executive Director at the Hungarian National Bank and of the Budapest Institute of Banking Gergely Fábián discusses Hungary’s brand new...

Croatia retail sales slow in May

Croatia's retail sales volume rose by 4.3% on the year in real terms in May, following an increase of 5.7%...

Waberer’s minority stakeholders announce buyout offer

Minority stakeholders in listed Hungarian hauler Waberer's International will make a buyout offer for outstanding shares in the company at...

Vodafone introduces comprehensive health insurance service for employees

Medicover Corporate Health Insurance is now available for Vodafone Hungary's employees, allowing them to access a wide range of healthcare...

Rába buys out Rekard group

Listed Hungarian automotive company Rába Jarműipari Holding on Friday said it purchased a 75.1% stake in peer Rekard Hajtómű- es...

Estonia retail sales growth eases in May

Estonian retail trade grew by 1.9% year-on-year in May, after a 12.3% jump a month earlier, data from Tallinn-based Statistics...

Holiday destination home prices climb 12% in Hungary

Home prices in areas of Hungary popular with holidaymakers rose 12% on average last year, research conducted by Takarék Mortgage...

iBanFirst acquires currency exchange outfit Cornhill

The acquisition of Cornhill, the U.K.-based payment institution specializing in foreign exchange and risk management, by iBanFirst, a French global...

Magyar Telekom switches off 3G mobile network

Magyar Telekom on Friday said it had switched off its 3G network, which is no longer available anywhere as of...

Digital Customer Service Firm FaceKom Says Will go Public After Record Year

FaceKom, a Hungarian-owned company that is a market leader in corporate remote digital customer identification, has said it plans to...