Business

HR

Vodafone introduces comprehensive health insurance service for employees

Medicover Corporate Health Insurance is now available for Vodafone Hungary's employees, allowing them to access a wide range of healthcare...

Deals

Rába buys out Rekard group

Listed Hungarian automotive company Rába Jarműipari Holding on Friday said it purchased a 75.1% stake in peer Rekard Hajtómű- es...

Retail

Estonia retail sales growth eases in May

Estonian retail trade grew by 1.9% year-on-year in May, after a 12.3% jump a month earlier, data from Tallinn-based Statistics...

Residential

Holiday destination home prices climb 12% in Hungary

Home prices in areas of Hungary popular with holidaymakers rose 12% on average last year, research conducted by Takarék Mortgage...

Fintech

iBanFirst acquires currency exchange outfit Cornhill

The acquisition of Cornhill, the U.K.-based payment institution specializing in foreign exchange and risk management, by iBanFirst, a French global...

Telco

Magyar Telekom switches off 3G mobile network

Magyar Telekom on Friday said it had switched off its 3G network, which is no longer available anywhere as of...

Fintech

Digital Customer Service Firm FaceKom Says Will go Public After Record Year

FaceKom, a Hungarian-owned company that is a market leader in corporate remote digital customer identification, has said it plans to...

Telco

Normalizing 5G Sentiment Opens way to Expanding Services

Even as the Hungarian market is getting used to fifth-generation technology on the residential side of the business, the corporate...

Pharma

Hungarian employees benefit from Euroapi share program

Euroapi, a leading player in the production of active pharmaceutical ingredients (APIs), has launched an employee share program for the...

Appointments

Tihamér Tóth appointed European Court judge

Tihamér Tóth, co-head of Dentons’ competition and antitrust and regulated industries practice in Budapest, has been appointed a European Court...

Appointments

New country manager at Microsoft Hungary

Péter Szabó took over as country manager for Microsoft Hungary today, replacing Chris Mattheisen, the company tells the Budapest Business...

Office Market

100% occupancy reached at myhive Atrium Park

Thanks to successful new and extended leases, myhive Atrium Park, located on Váci út, has leased its entire 31,200 sqm...

Retail

Latvia retail sales growth eases in further in May

Latvia's retail sales growth slowed for the fourth successive month in May, figures from the Riga-based Central Statistical Bureau (CSB)...

Transport

Weekend truck ban lifted because of heatwave

A truck ban on Hungarian roads over the weekend will be suspended because of a heat alert in effect until...

Manufacturing

Hungary’s Hell Energy to invest in Romania

Hungarian energy drink producer Hell Energy said yesterday it plans to invest EUR 18 million to build a storage hall...

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...