Business

Automotive

Homo Homini Lupus Est – Op-ed

Are we - humans - ready for the age of self-driving vehicles or are we going to be the wolves...

Construction

Construction Output Volume Down 2.5% y.o.y. in October

According to raw data, Hungary's volume of construction output in October 2022 fell short of the previous year’s level by...

Residential

Home Rental Rates in Hungary Rise 22% in November

Home rental rates in Hungary rose 21.7% year-on-year in November, data compiled by the Central Statistical Office (KSH) from listings...

Innovation

Pécs Uni, E-Group Develop Patient Management Software

The University of Pécs (PTE) and E-Group ICT Software have jointly developed a system helping the processing of healthcare data...

Automotive

Magyar Suzuki Again Strove for the Max in 2022

Magyar Suzuki closed a busy year that saw the plant’s employees, suppliers, and partners in Esztergom spend the 12 months...

Innovation

Epson Says Goodbye to Laser Printers

Following the example of car manufacturers switching to electric drive, Epson will stop selling and distributing laser printers globally by...

Innovation

Wingate Project Helps Female Entrepreneurs With Free E-learning Program

The Wingate project, an international business support program with a budget of around EUR 2 million that uses research results...

Retail

Wolt Market Launches Charity Shop

Wolt users once again support charity organizations by sending food, however this time the donation feature will remain available even...

HR

Agreement on Minimum Wage Rise ‘Very Close’

A deal on next year's minimum wage increase is "very close", parties involved in the negotiations told news agency MTI...

Construction

Slovak Construction Output Drops in October

Construction output in Slovakia dropped by 1% year-on-year in October, reversing a 2.7% growth in the previous month, which was...

Science

Building EU-level Hungarian Excellence in Molecular Medicine

The Hungarian Center of Excellence for Molecular Medicine (HCEMM), with its headquarters in Szeged, is building a world-class European-level facility...

Ecosystem

Startup Alliance Created for Caring Workplaces

A new collaboration has been formed between Hungarian startups that have joined forces for more caring Hungarian jobs....

Manufacturing

Slovenia Industrial Output Grows in October

Industrial production in Slovenia rose by 0.1% year-on-year in October, easing from an upwardly revised 1.1% gain a month earlier,...

Transport

Wizz Air Forced to Cancel Some U.K. Flights Due to Weather

Discount airline Wizz Air has released a statement explaining that the company had to cancel or delay several flights in...

Retail

Bulgaria Retail Sales Growth Eases in October

Bulgaria's retail sales eased by 0.6% year-on-year in October, following an upwardly revised 2.3% rise in the previous month, the...

Retail

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...

Pharma

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...

Interview

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...

Pharma

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...

Construction

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...

HR

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...

Appointments

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...

Retail

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...

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...

Manufacturing

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...

Residential

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,...

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...