Business

Transport

AirConnect to Launch Direct Flights from Romania to Budapest

Romania's AirConnect will operate direct flights between Cluj-Napoca and Budapest and between Bucharest and Budapest, according to a report by...

Automotive

Average Age of Cars in Hungary Surpasses 15 Years

The average age of cars in Hungary climbed to 15.1 years by the end of H1 2022 from 14.8 years...

Residential

Home Rental Rates in Hungary Rise 23% in July

Home rental rates in Hungary rose 23% year-on-year in July, data compiled by the Central Statistical Office (KSH) from listings...

Logistics

Swedish Company 1st Tenant of LogiCube Park

Bufab Hungary Kft., a member of the Swedish-based Bufab Group has signed a lease contract for nearly 2,000 sqm of...

Transport

Concession Winners to Take Over Operation of 1,237 km of Motorway

The operation of 1,237 km of dual carriageways in Hungary will be transferred to five companies as the result of...

Retail

Clothes, School Supplies Biggest Back-to-school Expense for Families

Hungarian parents attach great importance to the education of their children and are willing to spend extra on it, according...

Manufacturing

Bosnian Industrial Output Falls in July

Industrial production in Bosnia and Herzegovina tumbled by 1.4% year-on-year in July, following an upwardly revised 1.1% increase in the...

Transport

Budapest-Balaton Bike Path Completed

A stretch of the Budapest-Balaton (BUBA) cycle path, between Székesfehervar and Balatonakarattya, was inaugurated on Friday, completing the route between...

HR

Number of Jobseekers Falls 10% y.o.y. in August

The number of registered jobseekers in Hungary reached 231,091 in August, 24,610 fewer than in the same month a year...

Appointments

PwC Hungary Appoints Tourism Advisory Team Head

PwC Hungary has announced the appointment of Bálint Rippert as the head of its tourism advisory team....

HR

Poland Jobless Rate Remains Stable in July

Poland's unemployment rate held steady in July, after falling in the previous three months, figures from the Warsaw-based Central Statistical...

Transport

Wizz Air to Launch 3 Flights to Saudi Arabia in 2023

Discount airline Wizz Air has announced that it will launch three flights from Budapest to Saudi Arabia next year....

Automotive

Kia Leads Hungary EV market

South Korea's Kia led Hungary's electric vehicle market in the first half of the year, selling 321 cars to give...

Transport

Ryanair Appeals Consumer Protection Fine

Irish low-cost carrier Ryanair said yesterday it had appealed to the courts after Hungary fined it for passing on to...

HR

Unemployment Rate at 3.5% in July

The unemployment rate in Hungary stood at 3.5% in July 2022, according to data published by the Central Statistical Office...

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,...