Business

Deals

Codecool to Merge With Polish Peer

Hungarian coding school Codecool said on Tuesday that it is merging its business with its Polish peer Software Development Academy...

Residential

Real Estate Market Turnover up in August

After the low point experienced in the middle of the summer, the real estate market turnover strengthened in August based...

Science

ELTE to Coordinate Int’l Space Security Program

A space science research team at ELTE University's department of geophysics and space science will lead an international program helping...

Transport

Tesco, Shell to Offer EV Charging at Over 100 Sites in Hungary

Shell Hungary and Tesco-Global Áruházak are partnering to make EV charging more convenient with Shell Recharge stations at Tesco stores,...

Innovation

Bosch to Build HUF 4.2 bln Development Base in Zalaegerszeg

German engineering giant Bosch laid the cornerstone for a HUF 4.2 billion development base in Zalaegerszeg, which will create 200...

Manufacturing

Bulgarian Industrial Output up in July

Bulgaria's industrial production grew by 17.7% year-on-year in July, following a revised annual increase at the same rate in June,...

Appointments

New Director of Sales at Matild Palace

Viktória Berényi took over as the new director of sales of Matild Palace in August 2022, the establishment told the...

HR

About 26% of Hungarian Companies Plan Layoffs

Around 26% of Hungarian companies plan layoffs in the last quarter of this year, news agency MTI reports, citing a...

Transport

Aeroexpress Launching Short-Haul Hungary-Romania Flights

Hungarian carrier Aeroexpress announced the launch of short-haul flights to destinations in Transylvania at a press conference at the Debrecen...

Manufacturing

Slovak Annual Industrial Output Falls in July

Industrial production in Slovakia slumped by 6.4% from a year earlier in July, following a 5.7% decrease in the previous...

Telco

Some 50,000 Avail of Mobile Handset Upgrade Subsidies

Since February more than 50,000 Hungarians have availed of subsidies to help consumers exchange their old 3G mobile phones for...

HR

Teachers’ Unions Planning Ongoing Protests

The Democratic Union of Teachers (PDSZ) and the Union of Teachers (PSZ) are protesting against the government's threat to teachers...

Retail

Fressnapf Developing Business Service Center in Budapest

Leading pet food and accessories retail chain Fressnapf is to develop a Budapest service center serving its international businesses, Hungary’s...

Transport

Wizz Air Announces Major Expansion in Romania

Wizz Air has announced a major expansion in Romania, adding five aircraft to its fleet at its base in Bucharest...

Automotive

Introducing the Brand New Nissan X-Trail

The next installment of Nissan's electrified product offensive is spearheaded by the regional premiere of the all-new, fourth-generation X-Trail....

Pharma

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Interview

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

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,...