Business

Automotive

GreenTech Returns to ZalaZone for 4th Time to Talk Energy Matters

Sustainability conference GreenTech will hold its fourth annual conference on May 25-26. Returning to Hungary’s ZalaZone Vehicle Test Track, the...

Automotive

Continental’s Hungarian R&D Hubs Drive Cars Towards Safer Future

Continental Hungary is at the forefront of efforts to make driving safer, with several operations nationwide offering artificial intelligence-fueled software...

Automotive

The One-way Street of Continuous Self-Reinvention

As automotive whooshes semi-silently toward an electric future, stakeholders must keep pace with constantly changing market conditions and regulations. A...

Office Market

Finding the Balance in a Developing Market

You don’t have to be a real estate expert to appreciate how far and fast the automotive and e-mobility sectors...

Residential

Hungary Home Sales Drop 19% in May

Home sales in Hungary fell 19% year-on-year to 10,187 in May, a monthly estimate by listed real estate broker Duna...

HR

Romania Jobless Rate Ticks Higher in April

Romania's unemployment rate stood at 5.6% in April, up by 0.1 percentage points from the rate recorded in March, the...

Manufacturing

Coca-Cola HBC Hungary to Launch Biggest Investment Since 2007

Coca-Cola HBC Hungary is investing a total of around EUR 23 million to upgrade its production and logistics capacities in...

Retail

Serbia Retail Sales Fall in April

Serbia's retail sales decreased by a real 6.1% on the year in April, after falling by an annual 9.0% a...

Retail

Praktiker Sales Climb 13% in 2022

Sales revenue of Praktiker rose 13% to HUF 95.5 billion last year, the DIY chain said on Thursday, according to...

Automotive

Motorists Pay HUF 50,859 in Vehicle Insurance Premiums

Hungarian motorists paid HUF 50,859 for their annual compulsory vehicle insurance premium, on average, in the first quarter, 9% more...

Interview

Gastroscopy and Colonoscopy

"It is equally important for us to identify the diseases that cause complaints in the digestive tract and to carry...

Office Market

New Tenant in Wing’s Hungária Office Park Development

Another significant tech company has chosen Hungária Office Park (HOP), a Wing development. Lightware Zrt. is moving its headquarters to...

Appointments

New CEO to Lead Penny Hungary

Mathias Mentrop is set to take over as the new CEO of Penny Hungary in July, the company tells the...

Transport

Budapest Airport Closes 2022 in the Black

Budapest Airport achieved a profit last year after two years of record-breaking losses, managing to cut some of the accumulated...

Incubators

Municipality of Tata Inaugurates HUF 400 mln Business Incubator

The municipality of Tata (56 km northeast of Budapest) inaugurated a close to HUF 400 million business incubator on Wednesday,...

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...

Appointments

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Inside View

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

Residential

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

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...

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Continest and Sweden’s Flexotrap Join Forces on Modular Shooting Ranges

As defense spending grows in importance across Europe following Russia’s full-scale invasion of Ukraine, local firm Continest Technologies Plc. and...

Hungary’s Housing Costs Drive Buyers Toward Garden Plots and Former Wine Cellars

Rising house prices and living costs are pushing more buyers toward properties on Hungary’s outlying garden plots and vineyard land,...

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

What Might Dogs Reveal About Human Communication?

A Hungarian-led research team working out of the Department of Ethology at ELTE in Budapest is working to discover what...