Business

Manufacturing

Industrial production up 3.6% y.o.y. in December

In December 2021, the volume of industrial production grew by 5.8% year-on-year based on raw data and by 3.6% based...

Manufacturing

Kartonpack shares to be delisted

Shares of packaging company Kartonpack will be delisted from the Budapest Stock Exchange as of February 11, 2022, a resolution...

Retail

Tesco management, unions agree on 10% pay rise

The management of the local unit of UK supermarket chain Tesco has agreed with unions on an average 10% rise...

Manufacturing

Estonia industrial production increases in December

Estonia's industrial production increased in December, led by manufacturing, data from Tallinn-based Statistics Estonia (SE) showed on Wednesday....

Innovation

LogMeIn rebranding as GoTo

LogMeIn, a tech company that offers a range of cloud-based connectivity services with headquarters in Boston and roots in Budapest,...

Retail

Sales of retail shops grew by 6.2% y.o.y. in December

In December 2021, the volume of sales in retail trade increased by 6.7% according to raw data and by 6.2%...

Automotive

Imported used car registrations climb 7% in Jan

The number of imported used cars registered in Hungary rose 7.2% year-on-year to 10,606 in January, listings site JoAutok.hu said...

Retail

Most Hungarians buy produce at supermarket

Around 73% of Hungarians buy their fruit and vegetables at supermarket chains, rather than at produce stores or markets, news...

Manufacturing

Poland manufacturing growth weakens unexpectedly in January

Poland's manufacturing sector growth unexpectedly weakened in January, survey data from IHS Markit showed on Tuesday....

Residential

Avg new home price in Budapest above HUF 1 mln/sqm

New home prices in the capital averaged HUF 1,030,000 per square meter in January, climbing over the HUF 1 million...

Residential

Hungary home sales fall 3% in January

Home sales in Hungary fell 3.3% year-on-year to 10,815 in January, news wire MTI reports, citing an estimate by listed...

Transport

Air Canada to resume direct Budapest-Toronto flights from May to Oct

Air Canada is set to resume direct flights between Budapest and Toronto, from May to October 2022, with the Canadian...

Deals

CPIPG signs deal on acquiring 17.5 mln Immofinanz shares

This week, CPIPG and CEE Immobilien GmbH, a wholly-owned subsidiary of S Immo AG, signed an agreement concerning the acquisition...

Science

ELTE inaugurates HUF 1 bln microbiology lab

Budapest's Eötvös Loránd University (ELTE) inaugurated a HUF 1 billion microbiology laboratory on Tuesday, according to a report by news...

Retail

Serbian retail trade, industrial production up in December

Serbian retail trade turnover in December was up by 22.7% year-on-year in current prices and up by an annual 11.2%...

Manufacturing

Industrial production up 3.6% y.o.y. in December

In December 2021, the volume of industrial production grew by 5.8% year-on-year based on raw data and by 3.6% based...

Manufacturing

Kartonpack shares to be delisted

Shares of packaging company Kartonpack will be delisted from the Budapest Stock Exchange as of February 11, 2022, a resolution...

Retail

Tesco management, unions agree on 10% pay rise

The management of the local unit of UK supermarket chain Tesco has agreed with unions on an average 10% rise...

Manufacturing

Estonia industrial production increases in December

Estonia's industrial production increased in December, led by manufacturing, data from Tallinn-based Statistics Estonia (SE) showed on Wednesday....

Innovation

LogMeIn rebranding as GoTo

LogMeIn, a tech company that offers a range of cloud-based connectivity services with headquarters in Boston and roots in Budapest,...

Retail

Sales of retail shops grew by 6.2% y.o.y. in December

In December 2021, the volume of sales in retail trade increased by 6.7% according to raw data and by 6.2%...

Automotive

Imported used car registrations climb 7% in Jan

The number of imported used cars registered in Hungary rose 7.2% year-on-year to 10,606 in January, listings site JoAutok.hu said...

Retail

Most Hungarians buy produce at supermarket

Around 73% of Hungarians buy their fruit and vegetables at supermarket chains, rather than at produce stores or markets, news...

Manufacturing

Poland manufacturing growth weakens unexpectedly in January

Poland's manufacturing sector growth unexpectedly weakened in January, survey data from IHS Markit showed on Tuesday....

Residential

Avg new home price in Budapest above HUF 1 mln/sqm

New home prices in the capital averaged HUF 1,030,000 per square meter in January, climbing over the HUF 1 million...

Residential

Hungary home sales fall 3% in January

Home sales in Hungary fell 3.3% year-on-year to 10,815 in January, news wire MTI reports, citing an estimate by listed...

Transport

Air Canada to resume direct Budapest-Toronto flights from May to Oct

Air Canada is set to resume direct flights between Budapest and Toronto, from May to October 2022, with the Canadian...

Deals

CPIPG signs deal on acquiring 17.5 mln Immofinanz shares

This week, CPIPG and CEE Immobilien GmbH, a wholly-owned subsidiary of S Immo AG, signed an agreement concerning the acquisition...

Science

ELTE inaugurates HUF 1 bln microbiology lab

Budapest's Eötvös Loránd University (ELTE) inaugurated a HUF 1 billion microbiology laboratory on Tuesday, according to a report by news...

Retail

Serbian retail trade, industrial production up in December

Serbian retail trade turnover in December was up by 22.7% year-on-year in current prices and up by an annual 11.2%...

Industrial production up 3.6% y.o.y. in December

In December 2021, the volume of industrial production grew by 5.8% year-on-year based on raw data and by 3.6% based...

Kartonpack shares to be delisted

Shares of packaging company Kartonpack will be delisted from the Budapest Stock Exchange as of February 11, 2022, a resolution...

Tesco management, unions agree on 10% pay rise

The management of the local unit of UK supermarket chain Tesco has agreed with unions on an average 10% rise...

Estonia industrial production increases in December

Estonia's industrial production increased in December, led by manufacturing, data from Tallinn-based Statistics Estonia (SE) showed on Wednesday....

LogMeIn rebranding as GoTo

LogMeIn, a tech company that offers a range of cloud-based connectivity services with headquarters in Boston and roots in Budapest,...

Sales of retail shops grew by 6.2% y.o.y. in December

In December 2021, the volume of sales in retail trade increased by 6.7% according to raw data and by 6.2%...

Imported used car registrations climb 7% in Jan

The number of imported used cars registered in Hungary rose 7.2% year-on-year to 10,606 in January, listings site JoAutok.hu said...

Most Hungarians buy produce at supermarket

Around 73% of Hungarians buy their fruit and vegetables at supermarket chains, rather than at produce stores or markets, news...

Poland manufacturing growth weakens unexpectedly in January

Poland's manufacturing sector growth unexpectedly weakened in January, survey data from IHS Markit showed on Tuesday....

Avg new home price in Budapest above HUF 1 mln/sqm

New home prices in the capital averaged HUF 1,030,000 per square meter in January, climbing over the HUF 1 million...

Hungary home sales fall 3% in January

Home sales in Hungary fell 3.3% year-on-year to 10,815 in January, news wire MTI reports, citing an estimate by listed...

Air Canada to resume direct Budapest-Toronto flights from May to Oct

Air Canada is set to resume direct flights between Budapest and Toronto, from May to October 2022, with the Canadian...

CPIPG signs deal on acquiring 17.5 mln Immofinanz shares

This week, CPIPG and CEE Immobilien GmbH, a wholly-owned subsidiary of S Immo AG, signed an agreement concerning the acquisition...

ELTE inaugurates HUF 1 bln microbiology lab

Budapest's Eötvös Loránd University (ELTE) inaugurated a HUF 1 billion microbiology laboratory on Tuesday, according to a report by news...

Serbian retail trade, industrial production up in December

Serbian retail trade turnover in December was up by 22.7% year-on-year in current prices and up by an annual 11.2%...