Business

Innovation

Hungary Advances in European Innovation Scoreboard Ranking

Hungary has moved ahead one spot to 21st place in the European Commission's annual European Innovation Scoreboard (EIS) ranking, the...

Podcasts

Blue Chip Art and Passion Assets – Claudia Worthington Hess Discusses Art as an Investment, Emotion in Art Acquisition, and the Phrase ‘It’s Easier to Buy Art Than to Sell It’

Claudia Worthington Hess, principal at Hess Art Advisory, discusses art as an investment, emotion in art acquisition and the key...

Deals

Immofinanz Signs Letter of Intent for Sale of Hungarian Offices to S Immo

Immofinanz has signed a letter of intent for the sale of its Hungarian office properties to S Immo, according to...

Residential

Home Rental Rates in Hungary Rise 23% in August

Home rental rates in Hungary rose 23.4% year-on-year in August, data compiled by the Central Statistics Office (KSH) from listings...

Retail

Wolt Expands in 10 Hungarian Cities This Fall

From the Danube Bend to Zalaegerszeg, Wolt launches its delivery service in 10 new Hungarian cities in the coming weeks,...

Automotive

Audi Inaugurates Tool Plant Expansion in Hungary

Audi Hungaria inaugurated a HUF 3.8 billion expansion of its tool plant in Győr on Tuesday, according to a report...

Automotive

Continental Inaugurates R&D Expansion in Budapest

German-owned Continental Automotive Hungary inaugurated its Application Development Centre at its R&D base in Budapest on Monday, according to a...

Transport

Wizz Air Announces Expansion Across Italy

Discount airline Wizz Air has announced further expansion to its bases in Italy, making it the third largest airline in...

Residential

Utility Costs Make Smaller Flats More Appealing

Due to the change in utility regulations, buyers in the capital have been turning to smaller apartments, which has made...

HR

Nearly Half of Disabled in Hungary Employed

Every second disabled person in Hungary has a job, while 10 years ago only 18% were working, said the State...

Office Market

ConvergenCE 1st to Launch VTS Rise Platform in Academia Office Building

ConvergenCE became the first company in Hungary to launch the VTS Rise platform in the Academia office building, committing to...

Transport

Hungarian Drivers Tend to Interpret Highway Code Loosely

Hungarians question the traffic rules, consider themselves better than average drivers, and blame others and the environment for accidents, according...

Innovation

‘Digital Twin’ Project Showcased at Hungaroring

"Digital Twin", a pilot project coordinated by Humda Lab Nonprofit, the research arm of the Hungarian Motorsport and Green Mobility...

Transport

Debrecen Int’l to Close for a Week for Runway Repairs

Debrecen International Airport will close for one week from October 3 for runway repairs, director János Vajda told state news...

Science

New Procedure for Cancer Patients at Semmelweis Uni

A new procedure has been added to the therapeutic option for gynecological cancer patients involving minimally invasive intervention in 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...

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...