Business

Construction

Slovak construction output growth eases in November

Construction output in Slovakia increased by 1.0% from a year earlier in November 2021, following a 2.8% growth in the...

Automotive

Solus Advanced Materials gets USD 28 mln loan from EBRD

The European Bank for Reconstruction and Development (EBRD) announced a USD 28 million loan for the construction of a plant...

Deals

MOL acquires Lotos petrol stations in Poland for USD 610 mln

Hungarian oil and gas company MOL on Wednesday said it signed agreements with PKN Orlen and Grupa Lotos on the...

Logistics

GLP extends Sziget Logistics Center, buys plot

GLP has closed an acquisition contract for a 22.3-hectare plot in Szigetszentmiklós, next to its existing Sziget Logistics Center, which...

Transport

Hódút wins HUF 107 bln contract to build last stretch of M44

Hódút could build the last stretch of the M44 dual carriageway connecting to the M5 motorway in Kecskemét at a...

Podcasts

Microsoft Hungary head Chris Mattheisen discusses the Vatican’s AI agreement with Microsoft, Machine Vision, AI Ethics and liability for AI

Microsoft country general manager for Hungary Chris Mattheisen discusses the Vatican’s AI agreement with Microsoft, Machine Vision, AI Ethics and...

Manufacturing

Nestlé sets up Southern-Eastern Europe market division

Swiss-based food and drink group Nestlé is creating a new regional division that will merge its operations on the market...

Retail

Bulgaria retail sales rise in November

Bulgaria's retail sales at constant prices grew by 6.7% year-on-year in November, after adding an annual 7.6% in the previous...

Automotive

Audi Hungaria makes fewer engines, more vehicles in 2021

Engine output of the local unit of German carmaker Audi fell in 2021 while the plant's vehicle output increased, the...

Innovation

Hungarian businesses rank low in digitalization

Hungary ranks 23rd out of the 27 member states of the European Union according to the 2021 indicator measuring the...

Innovation

Army partners with uni, vocational school on gun development

The Hungarian Army's Modernization Institute on Tuesday signed a cooperation agreement with John von Neumann University and the Diana weapons...

Manufacturing

Industrial production increases in November

In November 2021, the volume of industrial production grew by 2.6% compared to the same month of 2020, according to...

Retail

Romania retail sales rise in November 

Retail sales in Romania rose by 5.5% in November compared to the same month in the previous year, after a...

Manufacturing

Czech industrial production rises in November

The Czech Republic's industrial production rose a working-day adjusted 1.6% year-on-year in November, after a 4.9% decline in October, figures...

Transport

Wizz Air among top 10 safest low-cost airlines

Discount airline Wizz Air has again been ranked among the top 10 safest low-cost airlines in AirlineRatings' 2022 safety ranking,...

Construction

Slovak construction output growth eases in November

Construction output in Slovakia increased by 1.0% from a year earlier in November 2021, following a 2.8% growth in the...

Automotive

Solus Advanced Materials gets USD 28 mln loan from EBRD

The European Bank for Reconstruction and Development (EBRD) announced a USD 28 million loan for the construction of a plant...

Deals

MOL acquires Lotos petrol stations in Poland for USD 610 mln

Hungarian oil and gas company MOL on Wednesday said it signed agreements with PKN Orlen and Grupa Lotos on the...

Logistics

GLP extends Sziget Logistics Center, buys plot

GLP has closed an acquisition contract for a 22.3-hectare plot in Szigetszentmiklós, next to its existing Sziget Logistics Center, which...

Transport

Hódút wins HUF 107 bln contract to build last stretch of M44

Hódút could build the last stretch of the M44 dual carriageway connecting to the M5 motorway in Kecskemét at a...

Podcasts

Microsoft Hungary head Chris Mattheisen discusses the Vatican’s AI agreement with Microsoft, Machine Vision, AI Ethics and liability for AI

Microsoft country general manager for Hungary Chris Mattheisen discusses the Vatican’s AI agreement with Microsoft, Machine Vision, AI Ethics and...

Manufacturing

Nestlé sets up Southern-Eastern Europe market division

Swiss-based food and drink group Nestlé is creating a new regional division that will merge its operations on the market...

Retail

Bulgaria retail sales rise in November

Bulgaria's retail sales at constant prices grew by 6.7% year-on-year in November, after adding an annual 7.6% in the previous...

Automotive

Audi Hungaria makes fewer engines, more vehicles in 2021

Engine output of the local unit of German carmaker Audi fell in 2021 while the plant's vehicle output increased, the...

Innovation

Hungarian businesses rank low in digitalization

Hungary ranks 23rd out of the 27 member states of the European Union according to the 2021 indicator measuring the...

Innovation

Army partners with uni, vocational school on gun development

The Hungarian Army's Modernization Institute on Tuesday signed a cooperation agreement with John von Neumann University and the Diana weapons...

Manufacturing

Industrial production increases in November

In November 2021, the volume of industrial production grew by 2.6% compared to the same month of 2020, according to...

Retail

Romania retail sales rise in November 

Retail sales in Romania rose by 5.5% in November compared to the same month in the previous year, after a...

Manufacturing

Czech industrial production rises in November

The Czech Republic's industrial production rose a working-day adjusted 1.6% year-on-year in November, after a 4.9% decline in October, figures...

Transport

Wizz Air among top 10 safest low-cost airlines

Discount airline Wizz Air has again been ranked among the top 10 safest low-cost airlines in AirlineRatings' 2022 safety ranking,...

Slovak construction output growth eases in November

Construction output in Slovakia increased by 1.0% from a year earlier in November 2021, following a 2.8% growth in the...

Solus Advanced Materials gets USD 28 mln loan from EBRD

The European Bank for Reconstruction and Development (EBRD) announced a USD 28 million loan for the construction of a plant...

MOL acquires Lotos petrol stations in Poland for USD 610 mln

Hungarian oil and gas company MOL on Wednesday said it signed agreements with PKN Orlen and Grupa Lotos on the...

GLP extends Sziget Logistics Center, buys plot

GLP has closed an acquisition contract for a 22.3-hectare plot in Szigetszentmiklós, next to its existing Sziget Logistics Center, which...

Hódút wins HUF 107 bln contract to build last stretch of M44

Hódút could build the last stretch of the M44 dual carriageway connecting to the M5 motorway in Kecskemét at a...

Microsoft Hungary head Chris Mattheisen discusses the Vatican’s AI agreement with Microsoft, Machine Vision, AI Ethics and liability for AI

Microsoft country general manager for Hungary Chris Mattheisen discusses the Vatican’s AI agreement with Microsoft, Machine Vision, AI Ethics and...

Nestlé sets up Southern-Eastern Europe market division

Swiss-based food and drink group Nestlé is creating a new regional division that will merge its operations on the market...

Bulgaria retail sales rise in November

Bulgaria's retail sales at constant prices grew by 6.7% year-on-year in November, after adding an annual 7.6% in the previous...

Audi Hungaria makes fewer engines, more vehicles in 2021

Engine output of the local unit of German carmaker Audi fell in 2021 while the plant's vehicle output increased, the...

Hungarian businesses rank low in digitalization

Hungary ranks 23rd out of the 27 member states of the European Union according to the 2021 indicator measuring the...

Army partners with uni, vocational school on gun development

The Hungarian Army's Modernization Institute on Tuesday signed a cooperation agreement with John von Neumann University and the Diana weapons...

Industrial production increases in November

In November 2021, the volume of industrial production grew by 2.6% compared to the same month of 2020, according to...

Romania retail sales rise in November 

Retail sales in Romania rose by 5.5% in November compared to the same month in the previous year, after a...

Czech industrial production rises in November

The Czech Republic's industrial production rose a working-day adjusted 1.6% year-on-year in November, after a 4.9% decline in October, figures...

Wizz Air among top 10 safest low-cost airlines

Discount airline Wizz Air has again been ranked among the top 10 safest low-cost airlines in AirlineRatings' 2022 safety ranking,...