Business

Deals

Budapest deficit rises to HUF 185 bln

Over the course of three months the calculations for the current term have risen HUF 25 billion to HUF 185...

Deals

State awaits wave of payment from reclaimed severance packages

To date, HUF 64 million, a fraction of the targeted HUF 1 billion has been received by the treasury from...

Deals

State awaits wave of payment from reclaimed severance packages

To date, HUF 64 million, a fraction of the targeted HUF 1 billion has been received by the treasury from...

Pharma

Huawei eyes giant investment in Hungary

Chinese telecoms equipment maker Huawei is planning to announce a huge investment in Hungary worth billions of forints, the daily...

Pharma

Huawei eyes giant investment in Hungary

Chinese telecoms equipment maker Huawei is planning to announce a huge investment in Hungary worth billions of forints, the daily...

Sustainability

Home construction down 35% in 2010

Home construction dropped in Hungary last year: the 20,823 new homes built in the country were 35% fewer than in...

Sustainability

Home construction down 35% in 2010

Home construction dropped in Hungary last year: the 20,823 new homes built in the country were 35% fewer than in...

Automotive

Suzuki says shock absorbers on Swifts made between 1997-2002 need to be replaced

Magyar Suzuki, the Hungarian unit of Japanese car maker Suzuki, has informed owners of the 124,375 Suzuki Swift subcompact cars...

Automotive

Suzuki says shock absorbers on Swifts made between 1997-2002 need to be replaced

Magyar Suzuki, the Hungarian unit of Japanese car maker Suzuki, has informed owners of the 124,375 Suzuki Swift subcompact cars...

Telco

Hungary retail sales drop 1.7% yr/yr, 0.7% on the month in December

Hungary's calendar year-adjusted retail sales volume in December fell 1.7% yr/yr after decreasing 0.3% in November, the Central Statistical Office...

Telco

Hungary retail sales drop 1.7% yr/yr, 0.7% on the month in December

Hungary's calendar year-adjusted retail sales volume in December fell 1.7% yr/yr after decreasing 0.3% in November, the Central Statistical Office...

Deals

DBH invests €1.5 mln in cloud services provider Central Europe On-Demand

Hungarian venture capital fund DBH Investment has concluded an agreement to invest €1.5 million in Central Europe On-Demand Zrt, a...

Deals

DBH invests €1.5 mln in cloud services provider Central Europe On-Demand

Hungarian venture capital fund DBH Investment has concluded an agreement to invest €1.5 million in Central Europe On-Demand Zrt, a...

Deals

Gov’t to cut HUF 1,700 bln on bureaucracy

The government wants to cut some HUF 1,700 billion on administration costs, a study published on the website of the...

Deals

Gov’t to cut HUF 1,700 bln on bureaucracy

The government wants to cut some HUF 1,700 billion on administration costs, a study published on the website of the...

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....

Inside View

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

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...

Spar Files New EU Complaint Over Hungary’s Retail Tax

Spar has filed another complaint with the European Commission over Hungary’s retail sector tax, arguing that amendments offer relief only...

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...