Business

Automotive

Budapest Airport to set up 176 EV chargers

Ferenc Liszt International operator Budapest Airport has announced plans to install 176 electric vehicle charging stations for EVs of ground...

Office Market

Graphisoft Park earnings rise 5% in Q1

First-quarter net profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 5%...

Innovation

Óbuda Uni inaugurates 5G lab

Budapest's University of Óbuda inaugurated a laboratory for gauging 5G mobile networks this week, according to hvg.hu....

Manufacturing

Czech industrial output rebounds slightly in March

The Czech industrial production increased a working-day adjusted 0.4% year-on-year in March, after a 0.3% drop in February, data from...

Construction

Construction professionals expecting crisis

Professionals in the construction industry are pessimistic, with 95% expecting a crisis, 83% of whom believe it will be this...

Transport

Wizz Air planning expansion in Saudi Arabia

DIscount airline Wizz Air has signed a Memorandum of Understanding with the Ministry of Investment of the Kingdom of Saudi...

Science

Researchers in Hungary optimize PV panel angles after analyzing sunflowers

Observing the "behavior" of sunflowers, researchers at Budapest's Eötvös Loránd University (ELTE) have established that angling solar panels in Hungary...

Pharma

Higher revenue, improved margins lift Richter Q1 earnings

First-quarter net income of Hungarian pharmaceutical company Gedeon Richter rose 38% year-on-year to HUF 37.1 billion as sales climbed and...

Retail

CPI Hungary integrates property management services

CPI Hungary has brought all the property management activities of its domestic retail portfolio in-house, since besides property management and...

Residential

Balaton real estate prices up 90-200% since 2015

In Balatonfüred (125 km southwest of Budapest) and its surroundings, the highest average demand for second-hand flats was asked in...

Innovation

ELTE launches AI dept with support of Bosch

Budapest's Eötvös Loránd University (ELTE) on Monday launched Hungary's first Artificial Intelligence industrial department at its IT faculty, with the...

Retail

Montenegrin retail sales rise in Q1

Montenegro's retail sales rose by a real 19.3% year-on-year in the first quarter of 2022, figures released from the Podgorica-based...

Manufacturing

Croatia’s industrial producer prices up in April

Croatia's industrial producer prices rose by 21.9% year-on-year in April, following a 19.5% increase in March, the Zagreb-based Croatian Bureau...

Residential

Hungary home price increase climbs over 20%

Home price growth in Hungary accelerated to 21% in the fourth quarter of last year from the same period in...

Pharma

Hungary donates COVID tests to Moldova

Hungary is donating 455,000 COVID antigen rapid diagnostic tests to Moldova, Minister of Foreign Affairs and Trade Péter Szijjártó 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...