Business

Automotive

Slovenia industrial output growth accelerates in September

The growth of Slovenia’s industrial production accelerated to 1.9% year-on-year in terms of value in September, up from 0.8% in...

Automotive

Hungary leasing outlays up 9.3% in Q1-Q3

Outlays of Hungarian leasing companies rose 9.3% year-on-year to close to HUF 550 billion in the first nine months of...

Deals

MNB orders CIG Pannónia unit to prepare recovery plan

The National Bank of Hungary (MNB) ordered CIG Pannónia Első Magyar Általános Biztosító (CIG EMABIT), a unit of life insurer...

Pharma

European Aviation Safety Agency to open office in Budapest

The European Aviation Safety Agency (EASA) will open a contact office in Hungary under an agreement signed by Minister of...

Deals

United Group agrees to acquire Bulgaria’s Vivacom

BC Partners-owned United Group, a Dutch-based telecommunications and media company operating in southeast Europe, has agreed to acquire Vivacom, the...

Telco

Higher revenue, financial gain boost Richter Q3 earnings

The third-quarter net income of Hungarian pharmaceutical company Gedeon Richter jumped 151% year-on-year to HUF 22.2 billion, boosted by higher...

Telco

OTP earnings up 53% in Q3

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 53% year-on-year to HUF 131.6 billion, lifted by...

Deals

Google to open up new centre in the Romanian capital

Google plans to invest more and expand its presence in Romania, by opening a new center in Bucharest after it...

Pharma

Amazon opens new logistics center in Poland

American e-commerce giant Amazon has officially opened a new logistics center in southwestern Poland, Polish Radio says, citing a report...

Automotive

Czech industrial production decline slows in September

The Czech Republic’s industrial production declined for the second straight month in September, albeit at a slower rate, figures from...

Interview

US to lift visas for Poles from November 11

Polish tourists and businesspeople will be able to travel to America without visas from November 11, President Andrzej Duda said...

Transport

Wizz Air signs partnership deal with Sixt

Wizz Air has announced the signing of a partnership deal with car rental firm Sixt, meaning that passengers will be...

Telco

MTel revenues steady, costs controlled in Q3

Third-quarter after-tax profit of Magyar Telekom (MTel) fell 10% year-on-year to HUF 13.0 billion as accounting changes offset a small...

Telco

Bakery firm plans share flotation in coming years

Baked goods maker Zalaco plans to list its shares on the stock exchange, possibly in 2022 or 2023, owner-CEO László...

Deals

Germany’s E.K.H. Plauen breaks ground on factory in Serbia

Germanyʼs E.K.H. Plauen has started construction of a EUR 3 million factory to produce garbage container wheels in Zrenjanin, in...

Automotive

Slovenia industrial output growth accelerates in September

The growth of Slovenia’s industrial production accelerated to 1.9% year-on-year in terms of value in September, up from 0.8% in...

Automotive

Hungary leasing outlays up 9.3% in Q1-Q3

Outlays of Hungarian leasing companies rose 9.3% year-on-year to close to HUF 550 billion in the first nine months of...

Deals

MNB orders CIG Pannónia unit to prepare recovery plan

The National Bank of Hungary (MNB) ordered CIG Pannónia Első Magyar Általános Biztosító (CIG EMABIT), a unit of life insurer...

Pharma

European Aviation Safety Agency to open office in Budapest

The European Aviation Safety Agency (EASA) will open a contact office in Hungary under an agreement signed by Minister of...

Deals

United Group agrees to acquire Bulgaria’s Vivacom

BC Partners-owned United Group, a Dutch-based telecommunications and media company operating in southeast Europe, has agreed to acquire Vivacom, the...

Telco

Higher revenue, financial gain boost Richter Q3 earnings

The third-quarter net income of Hungarian pharmaceutical company Gedeon Richter jumped 151% year-on-year to HUF 22.2 billion, boosted by higher...

Telco

OTP earnings up 53% in Q3

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 53% year-on-year to HUF 131.6 billion, lifted by...

Deals

Google to open up new centre in the Romanian capital

Google plans to invest more and expand its presence in Romania, by opening a new center in Bucharest after it...

Pharma

Amazon opens new logistics center in Poland

American e-commerce giant Amazon has officially opened a new logistics center in southwestern Poland, Polish Radio says, citing a report...

Automotive

Czech industrial production decline slows in September

The Czech Republic’s industrial production declined for the second straight month in September, albeit at a slower rate, figures from...

Interview

US to lift visas for Poles from November 11

Polish tourists and businesspeople will be able to travel to America without visas from November 11, President Andrzej Duda said...

Transport

Wizz Air signs partnership deal with Sixt

Wizz Air has announced the signing of a partnership deal with car rental firm Sixt, meaning that passengers will be...

Telco

MTel revenues steady, costs controlled in Q3

Third-quarter after-tax profit of Magyar Telekom (MTel) fell 10% year-on-year to HUF 13.0 billion as accounting changes offset a small...

Telco

Bakery firm plans share flotation in coming years

Baked goods maker Zalaco plans to list its shares on the stock exchange, possibly in 2022 or 2023, owner-CEO László...

Deals

Germany’s E.K.H. Plauen breaks ground on factory in Serbia

Germanyʼs E.K.H. Plauen has started construction of a EUR 3 million factory to produce garbage container wheels in Zrenjanin, in...

Slovenia industrial output growth accelerates in September

The growth of Slovenia’s industrial production accelerated to 1.9% year-on-year in terms of value in September, up from 0.8% in...

Hungary leasing outlays up 9.3% in Q1-Q3

Outlays of Hungarian leasing companies rose 9.3% year-on-year to close to HUF 550 billion in the first nine months of...

MNB orders CIG Pannónia unit to prepare recovery plan

The National Bank of Hungary (MNB) ordered CIG Pannónia Első Magyar Általános Biztosító (CIG EMABIT), a unit of life insurer...

European Aviation Safety Agency to open office in Budapest

The European Aviation Safety Agency (EASA) will open a contact office in Hungary under an agreement signed by Minister of...

United Group agrees to acquire Bulgaria’s Vivacom

BC Partners-owned United Group, a Dutch-based telecommunications and media company operating in southeast Europe, has agreed to acquire Vivacom, the...

Higher revenue, financial gain boost Richter Q3 earnings

The third-quarter net income of Hungarian pharmaceutical company Gedeon Richter jumped 151% year-on-year to HUF 22.2 billion, boosted by higher...

OTP earnings up 53% in Q3

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 53% year-on-year to HUF 131.6 billion, lifted by...

Google to open up new centre in the Romanian capital

Google plans to invest more and expand its presence in Romania, by opening a new center in Bucharest after it...

Amazon opens new logistics center in Poland

American e-commerce giant Amazon has officially opened a new logistics center in southwestern Poland, Polish Radio says, citing a report...

Czech industrial production decline slows in September

The Czech Republic’s industrial production declined for the second straight month in September, albeit at a slower rate, figures from...

US to lift visas for Poles from November 11

Polish tourists and businesspeople will be able to travel to America without visas from November 11, President Andrzej Duda said...

Wizz Air signs partnership deal with Sixt

Wizz Air has announced the signing of a partnership deal with car rental firm Sixt, meaning that passengers will be...

MTel revenues steady, costs controlled in Q3

Third-quarter after-tax profit of Magyar Telekom (MTel) fell 10% year-on-year to HUF 13.0 billion as accounting changes offset a small...

Bakery firm plans share flotation in coming years

Baked goods maker Zalaco plans to list its shares on the stock exchange, possibly in 2022 or 2023, owner-CEO László...

Germany’s E.K.H. Plauen breaks ground on factory in Serbia

Germanyʼs E.K.H. Plauen has started construction of a EUR 3 million factory to produce garbage container wheels in Zrenjanin, in...