Business

Transport

AnadoluJet launches Budapest-Istanbul flights

AnadoluJet has launched a new route between Budapest and Istanbul, operating three flights a week between the cities starting this...

Retail

Retail sales up 15.8% year-on-year in April

In April 2022, the volume of sales in retail trade increased by 15.7% according to raw data and by 15.8%...

Retail

Survey: Women more conscientious shoppers

Women manage family coffers more carefully, according to a survey of Erste Bank's customers, writes profitline.hu....

Manufacturing

Poland manufacturing activity deteriorates in May

Poland's manufacturing sector contracted to the lowest level in nearly two years, amid steep falls in output and new orders...

Innovation

Number of undergrad applicants drop, IT applicants jump

The number of applicants for IT undergraduates increased significantly by 30% between 2009 and 2019, while the number of applicants...

Appointments

New head of climate change and sustainability services at EY

Ákos Lukács has joined EY Hungary as a partner, becoming responsible for the Big Four firm's climate change and sustainability...

Residential

Home rental rates rise 19% y.o.y. in April

Home rental rates in Hungary rose 19% year-on-year in April, according to data compiled by the Central Statistical Office (KSH)...

Automotive

BMW lays cornerstone of EUR 1 bln plant in Hungary

German carmaker BMW laid the cornerstone of a EUR 1 bln plant in Debrecen (194 km east of Budapest) on...

Innovation

More than half of Hungarians prefer digital payment methods

According to an international study entitled "Attitudes towards payment methods", more than half of Hungarians prefer paying digitally due to...

Manufacturing

Bulgaria’s industrial producer prices up in April

Bulgaria's industrial producer price index (PPI) rose by 40.2% year-on-year in April, mainly due to a 93.7% increase in the...

Residential

Italian acquisition boosts Duna House business in Q1

First-quarter net income of listed real estate broker Duna House increased 71% year-on-year to HUF 552 million as revenue jumped...

Retail

Estonia retail sales rise in April

Estonia's retail sales increased in April mainly due to higher turnover in stores selling manufacturing goods, data from Tallinn-based Statistics...

Manufacturing

Factory gate prices keep surging in April

Industrial produce prices kept rising at breakneck speed in April. According to data by the Central Statistical Office (KSH), factory...

Pharma

Varga meets with pharma sector leaders

Finance Minister Mihály Varga met with representatives of the Hungarian National Association of Pharmaceutical Manufacturers (MAGYOSZ) on Monday, according to...

Retail

Lithuania retail sales growth eases further in April

Lithuania's retail sales growth eased for the third successive month in April, figures from the Vilnius-based Statistics Lithuania (LS) showed...

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...