Wizz Air reported an after-tax loss of €198.6 million in the second quarter, compared with a profit of €39.3 million a year earlier, as rapid capacity expansion and higher fuel costs pressured profitability. More >>
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Lidl Continues Expansion in Hungary as Sales Hit New High
- 1 Aug 2026 12:36 PM
German-owned discount chain Lidl Magyarorszag had net profit of HUF 34.6bn in the business year ended February 28, 2025, up from HUF 26.4bn a year earlier.
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Record High for Hungarians Working Abroad, National Employment Falls
- 27 Jul 2026 10:25 AM
The number of Hungarians registered as working abroad reached a record high of 124,000 in the second quarter of 2026, Portfolio writes citing the latest job market report by the Central Statistics Office.
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Suzuki Set to Invest HUF 76 Billion in Hungary at Esztergom Base
- 27 Jul 2026 9:45 AM
Suzuki is set to invest HUF 76bn into manufacturing of electric vehicles and battery packs at its base in Esztergom, Economy and Energy Istvan Kapitány said in a Facebook post-
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Business & Consumer Confidence Improve in Hungary
- 24 Jul 2026 7:46 AM
Business and consumer sentiment in Hungary improved in July, a monthly gauge by economic research institute GKI shows.
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High Foreign Worker Permit Requests at BYD in Hungary Raises Eyebrows
- 23 Jul 2026 10:12 AM
BYD and its subcontractors have requested and received group work permits for almost as many third-country nationals as the number of jobs they promised to create at their Szeged investment, the parliamentary state secretary of the foreign ministry, Gyorgy Laszlo Velkey, wrote in a post on Facebook.
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Closure of Chocolate Factory in Hungary Confirmed by Nestlé
- 20 Jul 2026 1:15 PM
Nestle Hungaria on Friday confirmed it will shut down production at its factory in Miskolc (NE Hungary) by year-end because of a decline in demand for seasonal chocolate figurines.
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