Business

Automotive

Romania has fewest cars per 1,000 inhabitants in EU

Romania has the lowest motorization rate among European Union countries, with 332 passenger cars per 1,000 inhabitants as of 2018,...

Deals

Opus Global parts with last of Appeninn shares

Listed holding company Opus Global has sold the last of its shares in listed property company Appeninn, state news wire...

Interview

North Macedonia’s president to end state of emergency

President of North Macedonia Stevo Pendarovski declared on Friday (June 12) a decision to lift the state of emergency in...

Automotive

Romania inflation eases, industrial production falls

Romania’s consumer price inflation eased in May, data from the National Institute of Statistics (INS) shows. The consumer price index...

Telco

Nearly 70 open-air spas to be refurbished along Lake Balaton

This year 67 open-air spas will be refurbished along the shores of Lake Balaton for a combined cost of HUF...

Interview

Poland ‘invades’ Czech Republic in ‘misunderstanding’

Poland has admitted to briefly "invading" the Czech Republic last month in what the Polish Defense Ministry described as a...

Telco

Interest strong for EV subsidies

Hungarians submitted almost 900 applications for a combined HUF 4 billion in subsidies for purchases of fully electric vehicles and...

Transport

Qatar Airways restarts flights Budapest and Doha

Starting today, Qatar Airways offers three flights per week between Budapest and Doha, operated by a Boeing 787 Dreamliner offering...

Construction

Construction output volume down 2.1% y.o.y. in April

The volume of construction output, based on raw data, was 2.1% lower in April 2020 compared to the same month...

Telco

Csányi at top of ʼ100 Richestʼ Hungarians list

Sándor Csányi, the food and farm industry magnate who also heads Hungaryʼs biggest commercial lender, OTP Bank, remained at the...

Telco

Aid from anti-crisis shield has reached EUR 18.4 bln, Polish ministry says

The total value of aid granted under the anti-crisis shield amounts to PLN 81.86 billion (EUR 18.4 bln), the Polish...

Interview

V4 leaders seeking common position on EU recovery plan

The prime ministers of the Visegrád Group countries (Czech Republic, Hungary, Poland, and Slovakia) met in Lednice, south Moravia in...

Retail

Beer sales soar to HUF 25 bln amid COVID lockdown in March, April

The domestic retail turnover of beer was more than HUF 25 billion between March and April, which represents an increase...

Automotive

Automotive industry output drops 80% y.o.y. in April

The output of the automotive industry, representing approximately 10% of Hungaryʼs total manufacturing output, fell by 80% year-on-year in April,...

Pharma

HUPHAR names cariprazine ʼ2019 Medicine of the Yearʼ

The Hungarian Society for Experimental and Clinical Pharmacology (HUPHAR) has named Gedeon Richterʼs antipsychotic cariprazine "2019 Medicine of the Year",...

Automotive

Romania has fewest cars per 1,000 inhabitants in EU

Romania has the lowest motorization rate among European Union countries, with 332 passenger cars per 1,000 inhabitants as of 2018,...

Deals

Opus Global parts with last of Appeninn shares

Listed holding company Opus Global has sold the last of its shares in listed property company Appeninn, state news wire...

Interview

North Macedonia’s president to end state of emergency

President of North Macedonia Stevo Pendarovski declared on Friday (June 12) a decision to lift the state of emergency in...

Automotive

Romania inflation eases, industrial production falls

Romania’s consumer price inflation eased in May, data from the National Institute of Statistics (INS) shows. The consumer price index...

Telco

Nearly 70 open-air spas to be refurbished along Lake Balaton

This year 67 open-air spas will be refurbished along the shores of Lake Balaton for a combined cost of HUF...

Interview

Poland ‘invades’ Czech Republic in ‘misunderstanding’

Poland has admitted to briefly "invading" the Czech Republic last month in what the Polish Defense Ministry described as a...

Telco

Interest strong for EV subsidies

Hungarians submitted almost 900 applications for a combined HUF 4 billion in subsidies for purchases of fully electric vehicles and...

Transport

Qatar Airways restarts flights Budapest and Doha

Starting today, Qatar Airways offers three flights per week between Budapest and Doha, operated by a Boeing 787 Dreamliner offering...

Construction

Construction output volume down 2.1% y.o.y. in April

The volume of construction output, based on raw data, was 2.1% lower in April 2020 compared to the same month...

Telco

Csányi at top of ʼ100 Richestʼ Hungarians list

Sándor Csányi, the food and farm industry magnate who also heads Hungaryʼs biggest commercial lender, OTP Bank, remained at the...

Telco

Aid from anti-crisis shield has reached EUR 18.4 bln, Polish ministry says

The total value of aid granted under the anti-crisis shield amounts to PLN 81.86 billion (EUR 18.4 bln), the Polish...

Interview

V4 leaders seeking common position on EU recovery plan

The prime ministers of the Visegrád Group countries (Czech Republic, Hungary, Poland, and Slovakia) met in Lednice, south Moravia in...

Retail

Beer sales soar to HUF 25 bln amid COVID lockdown in March, April

The domestic retail turnover of beer was more than HUF 25 billion between March and April, which represents an increase...

Automotive

Automotive industry output drops 80% y.o.y. in April

The output of the automotive industry, representing approximately 10% of Hungaryʼs total manufacturing output, fell by 80% year-on-year in April,...

Pharma

HUPHAR names cariprazine ʼ2019 Medicine of the Yearʼ

The Hungarian Society for Experimental and Clinical Pharmacology (HUPHAR) has named Gedeon Richterʼs antipsychotic cariprazine "2019 Medicine of the Year",...

Romania has fewest cars per 1,000 inhabitants in EU

Romania has the lowest motorization rate among European Union countries, with 332 passenger cars per 1,000 inhabitants as of 2018,...

Opus Global parts with last of Appeninn shares

Listed holding company Opus Global has sold the last of its shares in listed property company Appeninn, state news wire...

North Macedonia’s president to end state of emergency

President of North Macedonia Stevo Pendarovski declared on Friday (June 12) a decision to lift the state of emergency in...

Romania inflation eases, industrial production falls

Romania’s consumer price inflation eased in May, data from the National Institute of Statistics (INS) shows. The consumer price index...

Nearly 70 open-air spas to be refurbished along Lake Balaton

This year 67 open-air spas will be refurbished along the shores of Lake Balaton for a combined cost of HUF...

Poland ‘invades’ Czech Republic in ‘misunderstanding’

Poland has admitted to briefly "invading" the Czech Republic last month in what the Polish Defense Ministry described as a...

Interest strong for EV subsidies

Hungarians submitted almost 900 applications for a combined HUF 4 billion in subsidies for purchases of fully electric vehicles and...

Qatar Airways restarts flights Budapest and Doha

Starting today, Qatar Airways offers three flights per week between Budapest and Doha, operated by a Boeing 787 Dreamliner offering...

Construction output volume down 2.1% y.o.y. in April

The volume of construction output, based on raw data, was 2.1% lower in April 2020 compared to the same month...

Csányi at top of ʼ100 Richestʼ Hungarians list

Sándor Csányi, the food and farm industry magnate who also heads Hungaryʼs biggest commercial lender, OTP Bank, remained at the...

Aid from anti-crisis shield has reached EUR 18.4 bln, Polish ministry says

The total value of aid granted under the anti-crisis shield amounts to PLN 81.86 billion (EUR 18.4 bln), the Polish...

V4 leaders seeking common position on EU recovery plan

The prime ministers of the Visegrád Group countries (Czech Republic, Hungary, Poland, and Slovakia) met in Lednice, south Moravia in...

Beer sales soar to HUF 25 bln amid COVID lockdown in March, April

The domestic retail turnover of beer was more than HUF 25 billion between March and April, which represents an increase...

Automotive industry output drops 80% y.o.y. in April

The output of the automotive industry, representing approximately 10% of Hungaryʼs total manufacturing output, fell by 80% year-on-year in April,...

HUPHAR names cariprazine ʼ2019 Medicine of the Yearʼ

The Hungarian Society for Experimental and Clinical Pharmacology (HUPHAR) has named Gedeon Richterʼs antipsychotic cariprazine "2019 Medicine of the Year",...