Business

Retail

Retail Sales Growth Hits 4.3% in June

In July 2022, the volume of sales in retail trade increased by 3.8% according to raw data and by 4.3%...

Manufacturing

Poland Manufacturing PMI Falls Further in August

Poland's manufacturing Purchasing Managers' Index (PMI) dropped 1.2 points to 40.9 in August, the fourth time in a row when...

Transport

Budapest Airport: Largest Ever Noise Insulation Program Underway

Budapest Airport has launched its largest ever residential noise insulation program on September 1 through the For The Neighbors Of...

Retail

Wing Sells Family Center Mall in Szobathely

Property development firm Wing has sold the Family Center shopping mall to the Unione Investment Group....

Retail

Serbian Retail Sales Rise in July

Serbia's retail sales increased by a real 4% year-on-year in July, after recording a 4.8% annual rise in June, the...

Residential

Hungary Home Sales Fall 14% in August

Home sales in Hungary fell 14% year-on-year to 9,748 in August but were up 9% compared to July, listed real...

Automotive

AutoWallis Closes H1 With Strong Growth

In the first half, the growth of AutoWallis’s profits exceeded even its 34% increase in revenue, leading the listed vehicle...

Residential

Duna House Net Profit Jumps 282% in Q2

Listed real estate broker Duna House had a net profit of HUF 1.033 billion in the second quarter of this...

Retail

Croatia Retail Trade Growth Slows in July

Croatia's retail sales volume rose by a real 3.3% on the year in July, following an increase of 3.8% in...

Manufacturing

Ganz Delivers Custom-Designed Generator Unit to Egypt

Ganz Transformers and Electric Rotating Machines successfully delivered a special, completely custom-designed generator set for the Egyptian Financial & Industrial...

Manufacturing

N. Macedonia’s Industrial Producer Prices up in July

North Macedonia's industrial producer prices increased 24.8% year-on-year in July, after rising 21.9% in June, the Skopje-based State Statistical Office(Makstat)...

Retail

Latvia Retail Sales Rebound in July

Latvia's retail sales increased slightly in July, after falling in the previous month, figures from the Riga-based Central Statistical Bureau...

Podcasts

The Business of Art – Valuations and NFTs: Claudia Worthington Hess, Principal at Hess Art Advisory Discusses How to Value a Painting by Georgia O’Keeffe and the Impact of Tech-driven NFTs

Claudia Worthington Hess, Principal at Hess Art Advisory discusses how to value a painting by Georgia O’Keeffe and the impact...

Office Market

Bright Spaces Announces Partnership With CA Immo Hungary

Bright Spaces and CA Immo Hungary have announced entering a partnership to transform the local real estate market through the...

Retail

Lithuania July Retail Sales Fall on Year

Retail sales in Lithuania dropped 4.8% year-on-year in July, following a downwardly revised 4.1% fall in the previous months, figures...

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,...