Business

Automotive

The BMW that ushers in a no-compromise e-driving experience

Short range, hours of charging, no driving experience, and not even sustainable – these are common criticisms of the irresistibly...

Residential

Demand spikes for larger flats in District XIII

A survey by Ingatlan.com, commissioned by the D&B Ingatlanfejlesztő-Group, revealed that the interest of buyers in District XIII in 70-139...

Innovation

Building Better Businesses by Design

An ambitious project to enable Hungary and the Central and Eastern European region to become true design innovators has been...

Science

In Search of Groundbreaking Results

Statistics indicate that the aging of the overall Hungarian population is irreversible, at least for the next 10-15 years. The...

Deals

Ganz signs agreement with Maschinenfabrik Reinhausen

Hungary's Ganz Transformers has signed an agreement with Germany's Maschinenfabrik Reinhausen on the development and production of intelligent transformers, according...

Manufacturing

Automotive sector stalls, weighing on industrial output

The output of automotive companies, Hungary's biggest manufacturing segment, fell 13.3% year-on-year in March, causing an increase in headline industrial...

Automotive

Share Now celebrates 3rd anniversary in Hungary

Car-sharing firm Share Now's customers have driven 8 million kilometers in Hungary since the company entered the country three years...

Construction

Slovakia construction growth eases in March

Construction output in Slovakia rose by 1.9% from the previous year in March, slowing sharply from a 13.3% surge in...

Construction

Construction output volume up 10.5% y.o.y. in March

The volume of construction output in March 2022 surpassed the previous year’s level by 10.5% according to raw data published...

Residential

Rental prices rising nationally

There is a significant rise in prices in the national rental market, according to profitline.hu....

Manufacturing

Tungsram files for bankruptcy protection

Hungarian lighting company Tungsram on Wednesday said it filed for bankruptcy protection after one of its creditors, Magyar Eximbank, placed...

Manufacturing

Bulgarian industrial production growth quickens March

Bulgaria's industrial production growth accelerated in March, largely driven by strong output in the utility sector, provisional figures from the...

Appointments

New managing director at LG Electronics Hungary

Sung Sik Choi took over as the new managing director of LG Electronics Hungary in April, according to a press...

Telco

Higher revenue, divestment lift MTel earnings

Magyar Telekom (MTel) booked net income of HUF 18.5 billion in the first quarter, more than double the HUF 8.9...

HR

Poland’s unemployment rate slightly down in April

Poland's estimated unemployment rate in April stood at 5.3%, against 5.4% in March, the family and social policy minister said...

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...