Business

Automotive

Automotive Industry Output up 58% y.o.y. in August

The output of the automotive industry, Hungary's most significant manufacturing sector, rose 58% year-on-year in August, albeit from a low...

HR

Overtime Could Be Inflation Solution for Many

While in Western Europe, despite high inflation, workers prefer not to work overtime, in Hungary, overtime could be the solution...

Inside View

Bridge Budapest: List of Acceptable Business Practices

In the current situation, companies – employees, partners, clients, and leaders – are facing several critical impacts at the same...

Residential

Hungarian House Price Rise Since 2010 2nd Highest in EU

House prices in Hungary rose exceptionally quickly between 2010 and Q2 2022, with the rate of price increase being the...

Podcasts

The Art Detective – Claudia Worthington Hess Discusses Investigative Art Appraisals, The Celebrity Effect, Fear Of Missing Out, and Responds to CBI’s Marcel Proust-Inspired Personality Questionnaire

Claudia Worthington Hess, Principal at Hess Art Advisory, discusses investigative art appraisals, The Celebrity Effect, and Fear Of Missing Out...

Construction

Draft Legislation to Foster Hungarian Construction Multinationals

Draft legislation on a framework for state construction investments aims to support the establishment of Hungarian construction industry multinationals, Minister...

Construction

Slovakia Construction Growth Continues in August

Construction output in Slovakia expanded by 2.5% year-on-year in August, following a 1.8% increase in the previous month, driven by...

Retail

E-Commerce Reverses Downwards Trend

The e-commerce market is recovering after a six-month malaise and is back on the growth track, according to profitline.hu....

Residential

Cordia’s New, Energy-efficient Project Reaches Highest Point

The i6 Residence near Central Europe's largest urban regeneration development area, the Corvin Promenade in Budapest, has reached its highest...

Science

Semmelweis University Advances in THE Ranking

Semmelweis University, Hungary's top medical school, has placed in the 201-250 group in the latest annual Times Higher Education World...

Appointments

Kinstellar Strengthens Hungarian Corporate M&A Team With New Partner

Annamária Csenterics has joined Kinstellar's Budapest office as a partner and co-head of the local corporate M&A service line, the...

Science

Hungary Registers 12,636 COVID Cases, 104 Deaths in a Week

The number of confirmed cases of the novel coronavirus in Hungary has risen by 12,636, while 104 deaths from COVID-19...

Manufacturing

Slovak Industrial Output Falls 2% in August

Industrial production in Slovakia shrank by 2% from a year earlier in August, following a 6.5% slump in the previous...

Construction

Minister Augurs Drop in Annual Home Construction

The number of new homes built in Hungary this year could fall to 17,000 and drop to around 10,000 in...

Transport

Volánbusz Drivers Could Strike Next Week

Several hundred employees gathered in front of Volánbusz headquarters in Budapest on Monday to answer the call of the Solidarity...

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...