Business

Deals

Neuzer to Set up E-bike JV With Chinese Partner

Neuzer Kerékpár, the country's biggest Hungarian-owned bicycle maker, will soon set up a joint venture with a Chinese partner to...

Appointments

Trenkwalder Group Picks Fresh CEO

The supervisory board of the Vienna-based Trenkwalder Group AG has appointed Mark Pollok as the group’s CEO, it announced in...

Retail

Bulgaria Retail Trade Growth Accelerates in November

Bulgaria's retail sales at constant prices, except for motor vehicles and motorcycles, increased by 4.7% year-on-year in November, after inching...

Manufacturing

Slovenia Industrial Output Drops for 2nd Month in November

Slovenia's industrial production fell 3.6% year-on-year in November, after a 0.1% annual rise in October, data released by the Statistics...

Retail

Watchdog Levies Maximum Fine on Slovakian Elf Bar Seller 

Hungary's Competition Office (GVH) on Thursday said it fined Yzer, a Slovakian business, HUF 68 million - the maximum allowed...

Transport

Share Now Users Drive 8 mln Kilometers in 2022

In 2022, car-sharing company Share Now's users drove some 8 million kilometers, about twice the amount registered the year before,...

Transport

Budapest Airport’s E-charger Infrastructure Expanding With EU Support

In 2022, Budapest Airport applied for the European Union’s CEF 2 Transport - Alternative Fuels Infrastructure Facility funding program with...

HR

LMP Proposes Inflation-tracking Wage Increase

Opposition party LMP would give all civil service workers an inflation-tracking wage increase, according to hrportal.hu....

HR

7-8% of Hungarians are Workaholics

Some 7-8% of working Hungarians are workaholics, Magyar Hang reports citing an article published in Mindennapi Pszichológia Magazin....

Sustainability

Etele Plaza Achieves Breeam ‘Very Good’ Certification

Etele Plaza became the first building in Hungary to achieve a Breeam "Very Good" certification in the retail category, according...

Retail

Romanian Retail Sales Slow in November 

Retail sales in Romania increased by 3% year-on-year in November, easing from a downwardly revised 4.1% growth in the prior...

Manufacturing

Czech Industrial Output Growth Eases Sharply in November

The Czech Republic's industrial production expanded at the slowest pace in four months in November, largely due to a plunge...

Deals

EPS-Global Enters Portuguese Market

Hungary's EPS-Global, which makes parking management software for municipal councils and companies, has entered the market in Portugal, according to...

Residential

Older Housing Prices Could Slow This Year

Prices for more energy-intensive, less modern housing could fall, and the overall rate of price increases could slow significantly in...

Manufacturing

Hungary Industrial Output Rises 0.5% y.o.y. in November

The volume of industrial production in Hungary grew by 0.5% year-on-year in November, according to raw data published by the...

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...

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...

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...