Business

Logistics

New City Logistics Hall to Be Handed Over in Budapest

A new urban logistics real estate development project is under construction in Budapest. The Faedra22 Park, a light industrial and...

Telco

4iG Splits Strategic, Operational Management

Listed IT company 4iG on Wednesday said its board decided to separate coordination of its strategy and day-to-day operations and...

Innovation

Hungary Picked to Participate in MIT Innovation Program

Actors of the Hungarian innovation ecosystem will be working together with one of the best universities in the world for...

HR

Wage Subsidies for Companies Employing Rural Jobseekers

Companies employing rural jobseekers can apply for wage subsidies, according to hrportal.hu....

Sustainability

Wing Supports Program for Development of Disadvantaged Children

Wing is providing a donation of a total of HUF 7 million to support the work of the SOS Children’s...

Office Market

Phase 1 of Millennium Gardens Gets Occupancy Permit

The first phase of the Millennium Gardens office building, designed by FINTA Studio and developed by TriGranit, has received its...

Telco

Most Internet Users Use Phone to Go Online

Around 87% of Hungarian internet users use their smartphones to go online, news agency MTI writes, citing survey data published...

Manufacturing

Romania Industrial Production Falls in June

Romania's industrial production decreased in June due to falls in manufacturing output and electricity, data from the Bucharest-based National Institute...

HR

Enormous Pressure to Raise Wages Against Inflation

There is enormous pressure on employers to somehow compensate employees due to the devaluation of salaries from inflation, job market...

Construction

Construction Output Volume Down 8.1% y.o.y. in June

The volume of construction output in Hungary fell short of the previous year’s level by 8.1% in June 2022, according...

Transport

Budapest Airport Starts HUF 7.4 bln Infrastructure Development Program

Ferenc Liszt International Airport operator Budapest Airport has announced the start of a major taxiway and runway refurbishment project this...

Retail

Bulgaria’s Retail Sales Flattish in June

Bulgaria's retail sales at constant prices, except for motor vehicles and motorcycles, inched down 0.1% year-on-year in June, the National...

Manufacturing

Slovak Industrial Output Slips in June

Industrial production in Slovakia slumped by 5.7% from a year earlier in June, following a 1.1% rise in the previous...

Industrial

More Development Moving to Provincial Hubs

Industrial development activity is extending to provincial logistics hubs outside the Greater Budapest area, as is the model elsewhere in...

Logistics

Logistics and Industrial Sector Thriving Across Central Europe

The logistics/industrial market in Central Europe is booming from both a demand and development perspective. Analysts tell the Budapest Business...

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....

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...

Inside View

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...