Business

Automotive

Rába Books H1 Loss as Margins Narrow, Financial Loss Weighs

Hungarian automotive industry company Rába booked a first-half loss of HUF 252 million as inflation squeezed margins and financial losses...

Manufacturing

Lithuania Industrial Production Grows in July

Lithuania's industrial production logged a sharp expansion in July, largely driven by robust output growth in the power sector, data...

Retail

EMAG Switching to Regional Branding and Slogan

After reaching the final milestone of the merger between eMAG and Extreme Digital in May, the two companies have now...

Transport

Budapest Bike Share Ride Numbers Reach 3 mln

Budapest's upgraded MOL Bubi bike-sharing scheme has been used 3,000,000 times since its re-launch in the spring of 2021, BKK...

Fintech

Financial Apps 2nd Most Popular After Social Media

More than 70% of Hungarians use some kind of a financial app, making it the second most popular type of...

Retail

Poland Retail Sales Growth Slows Further in July

Poland's retail sales growth eased for the third straight month in July, figures from Warsaw-based Central Statistical Office (GUS) showed...

HR

Science, IT Teachers Especially Lacking

There is a lack of teachers, especially in natural sciences and IT, writes hrportal.hu....

Transport

MÁV-Start Mulls Hydrogen-powered Multiple Units

MÁV-Start, the passenger business of state-owned railway company MÁV, has launched market research necessary for the procurement of hydrogen-powered multiple...

Appointments

Dentons Appoints Europe Corporate, M&A Practice Group Co-heads

Global law firm Dentons has appointed partners Rob Irving and Kuif Klein Wassink as co-heads of the Europe corporate and...

Innovation

K&H: Firms Spending Significantly Less on Innovation

While the majority of Hungarian companies see themselves as innovative, their share of turnover spent on innovation has fallen significantly...

Manufacturing

Poland Industrial Output Growth Slows in July

Poland's industrial production grew 7.6% annually in July, following a 10.4% increase in June, data from the Central Statistical Office...

Pharma

ELKH Researchers Win U.S. Grant for Cariprazine Project

Researchers of the Eötvös Loránd Research Network (ELKH) have won a USD 413,000 grant from the United States National Institutes...

Science

Everyone Should Get COVID Booster – Semmelweis Rector

A minimum of two basic vaccinations against the coronavirus and the third booster jab are recommended for everyone, Semmelweis University...

Transport

Consumer Protection Procedure Launched Against Wizz Air

A consumer protection procedure has been launched against low-fare carrier Wizz Air amid a growing number of complaints, the Justice...

Deals

4iG Looking to Buy Vodafone Hungary Jointly With Hungarian State

4iG Nyrt. (4iG), Corvinus Zrt., representing the Hungarian State, and the Vodafone Group have agreed on heads of terms for...

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,...