Business

Pharma

Hungary to get another 80,000 doses of Pfizer vaccine by year-end

Hungary will get another 80,000 doses of a COVID-19 vaccine developed by Pfizer and BioNTech by year-end, the staff of...

Automotive

Apollo Tyres spends HUF 4.4 bln to upgrade, broaden production palette in Hungary

India's Apollo Tyres is spending HUF 4.4 billion to upgrade its passenger car tire production lines and widen its product...

Automotive

Daimler invests HUF 50 bln to make fully-EV cars in Hungary

German carmaker Daimler will invest HUF 50 billion at its plant in Kecskemét to add fully electric vehicles to the...

Manufacturing

Nitrogénművek Zrt. to close one of ‘most successful years’ in 2020, Bige says

Nitrogénművek Zrt. is on course to finish one of its most successful years despite the effects of the coronavirus pandemic,...

Deals

Turkish firm buys stake in Romanian form-building startup

Turkish venture capital firm 212 will buy a stake in Romanian online form-building software startup 123 Form Builder, for an...

Transport

Passenger traffic down 96.1% y.o.y. at Ferenc Liszt Int’l

Passenger traffic at Ferenc Liszt International airport fell to 49,283 in November, due to the spread of the coronavirus pandemic...

Automotive

Mercedes-Benz Manufacturing Hungary management, unions seal wage deal

Management and unions of Mercedes-Benz Manufacturing Hungary have reached an agreement that will raise base pay at the plant in...

Transport

BKK ticket sales network expands

BKK's ticket sales network has been expanded with more than 100 new resellers, and today some of the products needed...

Inside View

Hungary Remains a Vital Link in Global Supply Chains

The importance of the automotive industry within the Hungarian economy is now well established. The OEMs were inevitably followed by...

Telco

Vantage Towers Hungary to help Vodafone reach 5G, asset utilization goals

Vodafone Hungary has relocated its mobile network infrastructure to Vantage Towers in November to help achieve the telco firmʼs asset...

Transport

Record cargo traffic at BUD Cargo City in November

Cargo traffic at Ferenc Liszt International Airport in November exceeded the quantity recorded in the same month last year by...

Retail

GVH drops fine as Spar commits HUF 1.7 bln to helping small suppliers

Hungaryʼs competition office GVH said Thursday it canceled a procedure regarding abuse of market power against supermarket chain Spar after...

Retail

Bulgaria retail sales decrease in October

Bulgariaʼs retail sales decreased by 5.3% year-on-year in October after falling by an annual 6.7% in the previous month, the...

Manufacturing

Coca-Cola completes HUF 300 mln mineral water production investment

Coca-Cola HBC Hungary has expanded its mineral water bottling capacity at its Zalaszentgrót plant with an investment worth nearly HUF...

Logistics

CTP successfully completes 2nd Green bond issue

Logistic property company CTP has successfully issued its second Green bond for EUR 400 million, following the companyʼs inaugural EUR...

Pharma

Hungary to get another 80,000 doses of Pfizer vaccine by year-end

Hungary will get another 80,000 doses of a COVID-19 vaccine developed by Pfizer and BioNTech by year-end, the staff of...

Automotive

Apollo Tyres spends HUF 4.4 bln to upgrade, broaden production palette in Hungary

India's Apollo Tyres is spending HUF 4.4 billion to upgrade its passenger car tire production lines and widen its product...

Automotive

Daimler invests HUF 50 bln to make fully-EV cars in Hungary

German carmaker Daimler will invest HUF 50 billion at its plant in Kecskemét to add fully electric vehicles to the...

Manufacturing

Nitrogénművek Zrt. to close one of ‘most successful years’ in 2020, Bige says

Nitrogénművek Zrt. is on course to finish one of its most successful years despite the effects of the coronavirus pandemic,...

Deals

Turkish firm buys stake in Romanian form-building startup

Turkish venture capital firm 212 will buy a stake in Romanian online form-building software startup 123 Form Builder, for an...

Transport

Passenger traffic down 96.1% y.o.y. at Ferenc Liszt Int’l

Passenger traffic at Ferenc Liszt International airport fell to 49,283 in November, due to the spread of the coronavirus pandemic...

Automotive

Mercedes-Benz Manufacturing Hungary management, unions seal wage deal

Management and unions of Mercedes-Benz Manufacturing Hungary have reached an agreement that will raise base pay at the plant in...

Transport

BKK ticket sales network expands

BKK's ticket sales network has been expanded with more than 100 new resellers, and today some of the products needed...

Inside View

Hungary Remains a Vital Link in Global Supply Chains

The importance of the automotive industry within the Hungarian economy is now well established. The OEMs were inevitably followed by...

Telco

Vantage Towers Hungary to help Vodafone reach 5G, asset utilization goals

Vodafone Hungary has relocated its mobile network infrastructure to Vantage Towers in November to help achieve the telco firmʼs asset...

Transport

Record cargo traffic at BUD Cargo City in November

Cargo traffic at Ferenc Liszt International Airport in November exceeded the quantity recorded in the same month last year by...

Retail

GVH drops fine as Spar commits HUF 1.7 bln to helping small suppliers

Hungaryʼs competition office GVH said Thursday it canceled a procedure regarding abuse of market power against supermarket chain Spar after...

Retail

Bulgaria retail sales decrease in October

Bulgariaʼs retail sales decreased by 5.3% year-on-year in October after falling by an annual 6.7% in the previous month, the...

Manufacturing

Coca-Cola completes HUF 300 mln mineral water production investment

Coca-Cola HBC Hungary has expanded its mineral water bottling capacity at its Zalaszentgrót plant with an investment worth nearly HUF...

Logistics

CTP successfully completes 2nd Green bond issue

Logistic property company CTP has successfully issued its second Green bond for EUR 400 million, following the companyʼs inaugural EUR...

Hungary to get another 80,000 doses of Pfizer vaccine by year-end

Hungary will get another 80,000 doses of a COVID-19 vaccine developed by Pfizer and BioNTech by year-end, the staff of...

Apollo Tyres spends HUF 4.4 bln to upgrade, broaden production palette in Hungary

India's Apollo Tyres is spending HUF 4.4 billion to upgrade its passenger car tire production lines and widen its product...

Daimler invests HUF 50 bln to make fully-EV cars in Hungary

German carmaker Daimler will invest HUF 50 billion at its plant in Kecskemét to add fully electric vehicles to the...

Nitrogénművek Zrt. to close one of ‘most successful years’ in 2020, Bige says

Nitrogénművek Zrt. is on course to finish one of its most successful years despite the effects of the coronavirus pandemic,...

Turkish firm buys stake in Romanian form-building startup

Turkish venture capital firm 212 will buy a stake in Romanian online form-building software startup 123 Form Builder, for an...

Passenger traffic down 96.1% y.o.y. at Ferenc Liszt Int’l

Passenger traffic at Ferenc Liszt International airport fell to 49,283 in November, due to the spread of the coronavirus pandemic...

Mercedes-Benz Manufacturing Hungary management, unions seal wage deal

Management and unions of Mercedes-Benz Manufacturing Hungary have reached an agreement that will raise base pay at the plant in...

BKK ticket sales network expands

BKK's ticket sales network has been expanded with more than 100 new resellers, and today some of the products needed...

Hungary Remains a Vital Link in Global Supply Chains

The importance of the automotive industry within the Hungarian economy is now well established. The OEMs were inevitably followed by...

Vantage Towers Hungary to help Vodafone reach 5G, asset utilization goals

Vodafone Hungary has relocated its mobile network infrastructure to Vantage Towers in November to help achieve the telco firmʼs asset...

Record cargo traffic at BUD Cargo City in November

Cargo traffic at Ferenc Liszt International Airport in November exceeded the quantity recorded in the same month last year by...

GVH drops fine as Spar commits HUF 1.7 bln to helping small suppliers

Hungaryʼs competition office GVH said Thursday it canceled a procedure regarding abuse of market power against supermarket chain Spar after...

Bulgaria retail sales decrease in October

Bulgariaʼs retail sales decreased by 5.3% year-on-year in October after falling by an annual 6.7% in the previous month, the...

Coca-Cola completes HUF 300 mln mineral water production investment

Coca-Cola HBC Hungary has expanded its mineral water bottling capacity at its Zalaszentgrót plant with an investment worth nearly HUF...

CTP successfully completes 2nd Green bond issue

Logistic property company CTP has successfully issued its second Green bond for EUR 400 million, following the companyʼs inaugural EUR...