Business

Telco

Hungary Broadband Coverage Rate Over EU Avg

The percentage of households in Hungary with high-speed internet access stood close to 79% last year, over the 70% average...

Automotive

HUF 800 mln Awarded in EV Subsidies

Some HUF 800 million in subsidies for the purchase of bicycles with auxiliary electric motors has been awarded to 57,774...

Automotive

Hungarians Among Least Trustful of Used Car Dealers

Buyers trust used car sellers the least in Bulgaria, followed by Hungary, Lithuania and Estonia, according to a survey with...

Automotive

Used Car Market: Almost Half a Million Sales in Jan-Jul

According to preliminary data from DataHouse, 498,800 cars had changed hands in the domestic used car market by the end...

Transport

Gov’t Awards Around HUF 800 mln in E-bike Subsidies

Some HUF 800 million in subsidies for the purchase of bicycles with auxiliary electric motors has been awarded to 57,774...

Incubators

Applications Open for V4 Startup Force Fall Semester

Startups can apply for the fall semester of V4 Startup Force, a program that aims at supporting promising businesses and...

Manufacturing

Slovakia’s Slovalco to Shut Down Primary Aluminium Production

The Slovalco aluminum plant in Ziar nad Hronom, in Slovakia's Banska Bystrica region, will definitely halt its production of primary...

Telco

Pandemic Accelerated Internet, Mobile Use

The coronavirus pandemic has accelerated the use of the Internet and mobile communication devices in Hungary, and in many areas...

Retail

Rabbit Meat Sales in Hungary on the Rise

Sales of rabbit meat at big supermarket chains in Hungary have risen sharply since the Agriculture Ministry launched its first...

HR

Soft Skills Increasingly Important to Recruiters

Recruiting professionals and companies use a variety of tools and strategies during the hiring and selection process to assess job...

Residential

Resale House Prices in Budapest Suburbs Climb 28% in H1

The price of detached, resale homes in 96 settlements around the capital rose 28% to HUF 539,000 per square meter,...

Retail

Lego Playsets Now Available in Euronics Stores Nationwide

Euronics and the Lego Group have entered into a long-term partnership. Under the partnership, a selection of creative Lego playsets...

Telco

GVH Fines Digi HUF 190 mln for Misleading Advertising

Hungary's Competition Office (GVH) on Thursday said it fined telecommunications company Digi HUF 190 million for not informing clients about...

Appointments

Wizz Air Malta Names Managing Director

Wizz Air has appointed Diarmuid Ó Conghaile as managing director of Wizz Air Malta, a new subsidiary of Wizz Air,...

HR

IT Professionals Desire More Atypical Forms of Employment

Hungarian IT professionals want to use atypical forms of employment to a much greater extent than domestic employers currently allow...

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,...