Business

Transport

Rail Cargo Hungária chairman proposes 6-point package

Imre Kovács, chairman of the board of Rail Cargo Hungária Zrt., proposed implementing a six-point package of measures to reduce...

Manufacturing

Lithuania industrial production grows in May

Lithuania's industrial production expanded in May, largely driven by a robust increase in electricity output, data from the Vilnius-based Statistics...

Deals

Waberer’s partners with Magyar Posta on parcel delivery service 

Listed Hungarian hauler Waberer's on Friday said it will establish a parcel delivery joint venture with state-owned postal company Magyar...

Construction

Hotel Sector Looking for Investment Resurgence Says HOTCO 2022

Two years ago, developers, investors and hotel operators in the CEE region had seen strong potential for hotel development and...

Pharma

Semmelweis University and Roche Sign Strategic Agreement

A landmark agreement has been signed between Semmelweis University, the top medical and health sciences higher education institution in Hungary,...

Retail

MOL lowers top-up limit for retail buyers

Hungarian oil and gas company MOL has set a 50-liter refueling limit for purchases at the HUF 480/liter regulated price...

Appointments

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group

Dóra Petrányi (CMS Hungary) and Pietro Fringuelli (CMS Germany) will co-head the CMS Technology, Media and Communications Group, the company...

Manufacturing

Kecskeméti Konzerv inaugurates HUF 3.3 bln capacity expansion

Hungarian canning company Kecskeméti Konzerv inaugurated a HUF 3.3 billion capacity expansion in Kecskemét (90 km southeast of Budapest) yesterday,...

Manufacturing

110-year-old BAT Pécsi Dohánygyár focuses on innovation

BAT Pécsi Dohánygyár Kft., which is celebrating the 110th anniversary of its Hungarian factory, says it is placing more emphasis...

HR

Unemployment rate at 3.5% in May

The unemployment rate in Hungary stood at 3.5% in May 2022, down from 3.6% in April, according to data published...

Pharma

Teva Gyógyszergyár inaugurates HUF 800 million lab

The local unit of Israeli pharmaceutical company Teva inaugurated a close to HUF 800 million laboratory at its base in...

Manufacturing

Poland industrial production increases in May

Poland's industrial production grew less than expected in May, data from the Warsaw-based Central Statistical Office (GUS) showed on Tuesday....

Retail

Lidl signs cooperation agreement with HEPA

German-owned discount chain Lidl signed a cooperation agreement with the Hungarian Export Promotion Agency (HEPA) in order to boost exports...

Science

Semmelweis researchers to identify causes of migraine more precisely

Researchers at Semmelweis University in Budapest have looked at how migraine sufferers process emotions to understand the causes of the...

Ecosystem

2022 Global Startup Ecosystem Report published by Startup Genome

The 2022 Global Startup Ecosystem Report (GSER), the most extensive global data-driven research on startups by Startup Genome, a world-leading...

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...

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...

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,...