Business

Innovation

C3D Partners With Unis to Develop Smart Office Chair

Hungarian engineering company C3D Műszaki Tanácsadó has designed an office chair that uses electric motors to ensure correct posture in...

Manufacturing

Moldova’s Nov Industrial Output Drops on Year, but Jumps on Month 

Industrial production in Moldova shrank 6.5% year-on-year in November, following a downwardly revised 13.7% drop in the previous month, and...

Retail

GVH Launches Dairy Market Probe

Hungary's Competition Office on Friday announced the launch of an accelerated probe of the dairy market to determine if restrictions...

HR

Poland Employment Growth Slightly in December 

Corporate employment in Poland rose 2.2% year-on-year to 6.505 million people in December, edging lower from a 2.3% increase in...

HR

Avg Hourly Rate for Blue-collar Workers Climbs 13% in Q4

The average gross hourly pay rate for skilled and unskilled blue-collar workers in Hungary climbed 13% to HUF 1,630 in...

Science

Applications Open for Fall Semester of FAO–Hungarian Gov’t Scholarship Program

Applications are now being accepted by the FAO–Hungarian Government Scholarship Program. Two scholarships are available for two-year post-graduate study in...

Appointments

New Director Joins PwC Hungary

Tünde Kis, former deputy CEO of the Hungarian Investment Promotion Agency (Hipa), has joined PwC Hungary as a director as...

Automotive

Mercedes-Benz Manufacturing Hungary Workers Get Profit-Sharing Bonus

Workers at German car maker Mercedes-Benz's plant in Kecskemét (82 km southeast of Budapest) will get a gross HUF 870,000...

HR

Job Application Numbers Climb as Openings Fall

The number of job seekers' applications posted on jobs portal Profession.hu increased 34% in the fourth quarter from the same...

Office Market

The Etele Plaza Achieves Breeam ‘Very Good’ Certification

The 55,000 sqm Etele Plaza by Futureal has been awarded Breeam “Very Good” certification. This is part of a trend...

Automotive

Investment Prospects from China to Lift Automotive Sector in 2023

2023 comes with a challenging outlook, and the automotive industry seems likely to remain vulnerable to economic headwinds. However, for...

Transport

Wizz Air Launches New Routes to Turkey

Discount airline Wizz Air is launching new routes from Hungary to Turkey. The airline will add Istanbul and Antalya to...

Telco

More Than 70% of Poles Over 60 Use the Internet 

As many as 71% of people over 60 in Poland use the Internet, news agency PAP reports, citing research entitled...

Appointments

New Partners To Strengthen BLS-CEE’s Regional Growth

Romanian law-qualified lawyer Iulia Berea (Stoianof) and her team based in Bucharest has joined BLS-CEE, according to a press release...

Construction

Construction Sector Could Contract 15% This Year

Hungary's construction sector could contract 10-15% this year, based on feedback from industry insiders, the head of the professional association...

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...

Real Estate

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

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...

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Hungary Retail Sales Rise 2.4% in August

Hungary’s retail sales volume increased 2.4% year on year in August but fell 0.7% from July, according to data from...