Business

HR

Unemployment rate at 3.3% in June

The unemployment rate in Hungary stood at 3.3% in June 2022, according to data published by the Central Statistical Office...

Appointments

New communications head at Property Market

Balázs Both took over as head of communications at one of Hungary's largest property development companies, Property Market, in May...

Retail

Bosnia’s Serb Republic retail sales up in June

Retail sales in Bosnia's Serb Republic rose by a real 9.9% year-on-year in June, after increasing by 13.3% in May,...

Transport

Next stretch of Budapest-Balaton bike path completed

The National Infrastructure Development Company (NIF) on Wednesday announced the completion of the second stretch of the Budapest-Balaton (BUBA) cycle...

HR

Collaboration key to running productive workspaces

One of the main advantages of working in an office is the opportunity to be around colleagues. Social interaction in...

Sustainability

Europa Capital, ConvergenCE 1st to commit to WiredScore certification in Hungary

WiredScore, a global certification for technology in real estate, has launched its WiredScore and SmartScore certifications in Hungary. WiredScore already...

Transport

Wizz Air losses grow as fuel prices climb

Hungarian low-fare carrier Wizz Air racked up a EUR 452.5 million loss in the first quarter of its business year...

Telco

Digital Inclusion Fund: applications open for people in need, sponsors

Digital devices have already been handed over to several people in need, thanks to the Digital Inclusion Fund, launched to...

Appointments

AutoWallis appoints ESG director, consultant

Preparing the company for the obtainment of an ESG certification, AutoWallis Group has appointed Gábor Székely as its new ESG...

Office Market

Budapest modern office stock at 4.093 mln sqm in Q2

Budapest's total modern office stock added up to 4,093,250 sqm in Q2 2022, consisting of 3,398,770 sqm of "A" and...

Manufacturing

Masterplast announces EUR 2.1 mln polystyrene investment

Listed Hungarian building materials maker Masterplast announced plans on Tuesday to build a EUR 2.1 million polystyrene insulation plant to...

Transport

Bahart carried 1 mln passengers by mid-July

In its 176th shipping season this year, the passenger ships and ferries of Balatoni Hajózási Zrt. (Bahart) had carried one...

Residential

Rent rises continue accelerating

The rise in rents continued to accelerate in June, according to the national rent index of the Central Statistics Office...

Manufacturing

Csaba Metal, partners invest HUF 1.5 bln in capacity upgrades

Csaba Metal, which operates one of Hungary's biggest aluminum foundries, has completed HUF 1.5 bln of investments undertaken in a...

Transport

Budapest Airport passenger numbers exceed 1.2 mln in June

Ferenc Liszt International Airport started the 2022 summer season strongly, registering 1.208 million passengers in June, which corresponds to about...

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...