Business

Retail

Pick focusing on export, CEO says

After a 10-12% decrease in revenues last year, a further 10% setback is expected at the Hungarian meat company for...

Automotive

Hungary new industrial orders up 28.3% in February

Hungarian manufacturing companies received 28.3% more orders in February than in the same month a year earlier, with new export...

Automotive

Hungary new industrial orders up 28.3% in February

Hungarian manufacturing companies received 28.3% more orders in February than in the same month a year earlier, with new export...

Office Market

Vacancy on Budapest office space market unchanged at 21% in Q1

The vacancy rate on Budapest's office space market was 21% in Q1, practically unchanged from the previous quarter, the Budapest...

Office Market

Vacancy on Budapest office space market unchanged at 21% in Q1

The vacancy rate on Budapest's office space market was 21% in Q1, practically unchanged from the previous quarter, the Budapest...

Competition

Magyar Suzuki asks suppliers to cut prices

The Hungarian unit of Japanese carmaker Suzuki has asked its suppliers to cut prices by 3% because of the economic...

Competition

Magyar Suzuki asks suppliers to cut prices

The Hungarian unit of Japanese carmaker Suzuki has asked its suppliers to cut prices by 3% because of the economic...

Pharma

Foxconn to invest in Brazil

World leader in contract electronic manufacturing, Foxconn, will invest as much as $12 billion into Brazil over 5-6 years due...

Telco

Sitform Bútorgyár to build HUF 450 mln production hall at chair plant

Chair manufacturer Sitform Bútorgyár will build a HUF 450 million, 3,000-square-meter production hall at the company's plant in the city...

Pharma

Foxconn to invest in Brazil

World leader in contract electronic manufacturing, Foxconn, will invest as much as $12 billion into Brazil over 5-6 years due...

Telco

Sitform Bútorgyár to build HUF 450 mln production hall at chair plant

Chair manufacturer Sitform Bútorgyár will build a HUF 450 million, 3,000-square-meter production hall at the company's plant in the city...

HR

Four Hungarian companies with hearts

Now that the economy is revving up, companies are increasing benefits to keep their best people from standing up. However,...

HR

Four Hungarian companies with hearts

Now that the economy is revving up, companies are increasing benefits to keep their best people from standing up. However,...

Competition

Competition Office fines Studio Moderna 2000 TV-Shop Hungary for unfair business practice

The competition office GVH has fined Studio Moderna 2000 TV-Shop Hungary Kft HUF 1 million for making unfounded promises in...

Automotive

Export remains engine behind Hungary industrial output growth in February

Hungary's industrial output growth accelerated in February as export sales rose faster and the decline of domestic sales rose, figures...

Industrial

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

Business

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

Sustainability

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Pharma

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Interview

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

Wizz Air Enters Winter With Fuel Hedges and Record Summer Traffic

Discount airline Wizz Air is preparing for winter with more than EUR 2.2 billion in liquidity and fuel hedges covering...

Older Small Cars Rise in Price as Hungary’s Budget Used-Car Supply Shrinks

Suzuki Swift asking prices rose 25.8% year-on-year in September as the share of used cars below HUF 2.5 mln shrank,...

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

Lake Balaton Cycling Upgrades to Add Wider Paths and New Bridges

Nearly 20 km of the Lake Balaton cycling circuit will be renovated under two programs financed through EU and domestic...

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

FDA Accepts Richter’s Fylrevy Menopause Therapy Application for Review

The U.S. Food and Drug Administration (FDA) has accepted Gedeon Richter’s new drug application for Fylrevy, the Hungarian pharmaceutical company...

DUIHK Central to the German-Hungarian Bilateral Economic Relationship

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In this interview with the...

Egis Opens Major Pharmaceutical Distribution Center in Fót

Egis has opened a distribution center in Fót with capacity for 30,000 pallets, expanding its finished-product logistics operations to support...

Civil Engineering Surge Masks Decline in Building Construction

Civil engineering output more than doubled in Hungary in August, while building construction declined and the volume of new contracts...

Workload Outweighs Pay as Source of Workplace Distress

Workload, lack of recognition and job insecurity drive workplace distress among Hungarian employees, while pay remains their top priority, according...

CBRE Hungary Expands China Desk as Chinese Clients Pursue European Projects

CBRE Hungary has appointed Tu Yunfeng as business development manager at its China Desk, expanding the Budapest-based team as Chinese...