Business

Construction

Masterplast income up 28% y.o.y.

Second-quarter net income of listed building materials maker Masterplast rose 28% year-on-year to EUR 8.197 million, lifted by financial profit,...

HR

2,500-plus teaching positions open

Although we are already halfway through the summer vacation, there are still more than 2,500 teaching positions open for applications...

Inside View

The Real Estate Executive’s ‘Best Friend’: How Lawyers can Serve the Property Industry

No one saw this coming. Neither the world pandemic nor the war in Ukraine and its global economic consequences were...

Interview

Rejuvenating the Crème de la Crème of Hungarian Cosmetics

In 2004, a consortium of entrepreneurs took over Helia-D, a renowned Magyar cosmetics brand in the 1980s but then on...

Transport

The Hungarian Airline Applying Multinational and Local Mindsets

With its first flight in 2004, Wizz Air celebrated 18 years of operations on the Hungarian aviation market this year....

Telco

4iG Makes ‘Strategic Transformation’ Appointments

The listed IT group 4iG, which has a portfolio covering domestic and international markets, says it has begun the strategic...

Automotive

Nio to build HUF 5.5 bln battery swap station plant in Hungary

Chinese automotive industry company Nio on Friday announced plans to build a HUF 5.5 billion battery swap station plant in...

Residential

Number of planned dwellings in Budapest up in H1

The number of homes to be built based on issued dwelling construction permits and simple declarations was 17,715 in H1...

Transport

Wizz Air announces new route to Madeira

Wizz Air will add a new route to the island of Madeira in Portugal this year, according to a press...

Construction

Hungary to extend preferential home construction VAT rate

Hungary's government will extend a 5% preferential VAT rate for home construction for another two years, Prime Minister Viktor Orbán...

Retail

Shell Hungary temporarily suspends operation of 5 gas stations

Shell Hungary has decided to temporarily shut down five refueling stations in Hungary from August 1 in response to the...

Retail

Lithuania retail sales drop in June

Retail sales in Lithuania fell 4.2% year-on-year June, reversing from an upwardly revised 0.5% gain in the previous months, data...

Transport

BKK expands Budapest Airport shuttle bus service

The Budapest Public Transport Center (BKK) will operate a more frequent airport shuttle bus service from Monday, including running the...

HR

Magyar Telekom most popular employer among career starters

This year Magyar Telekom Nyrt. won the competition for the most popular employers in the eyes of career starters, according...

Manufacturing

Airbus inaugurates helicopter parts plant in Hungary

Airbus inaugurated a helicopter parts plant in Gyula (194 km southeast of Budapest) on Thursday, according to a report by...

Transport

Lake Balaton Cycling Upgrades to Add Wider Paths and New Bridges

Nearly 20 km of the Lake Balaton cycling circuit will be renovated under two programs financed through EU and domestic...

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...