Business

Retail

Retail sales in Hungary up 16.2% y.o.y. in March

In March 2022, the volume of retail trade acccording both raw and calendar-adjusted data was 16.2% higher than in March...

Office Market

MET Group moving office to Budapart

MET Group has signed a lease contract for more than 4,000 sqm of office space in the BudaPart district, according...

Manufacturing

Poland manufacturing growth slows in April

Poland's manufacturing sector growth was the weakest since the beginning of 2021, mainly due to the impact of the war...

Innovation

Corvinus launches talent support program for needy students

Corvinus University is launching a talent support program for students in need, according to profitline.hu....

Automotive

AutoWallis to use record profits to continue growth strategy

AutoWallis’ general meeting has decided to allow treasury share purchases, authorized capital increases, and passed resolutions on how to utilize...

Interview

Skin cancer prevention – practical advice

Skin cancer is curable if detected early. With annual screening, malignant lesions that are detected and removed in time can...

Appointments

István Szatmáry joins Oppenheim as new competition partner

Law firm Oppenheim has announced the appointment of István Szatmáry as the firm's new partner leading the antitrust, competition, and...

Retail

Estonia retail sales increase in March

Estonia's retail sales rose in March mainly due to stores selling manufacturing goods, data from the Tallinn-based Statistics Estonia (SE)...

Residential

Hungary home sales fall 12% in April

Home sales in Hungary fell 12% year-on-year to 11,911 in April, an estimate by listed real estate broker Duna House...

Manufacturing

Industrial producer prices up 25.9% y.o.y. in March

Industrial producer prices were 25.9% higher on average in March 2022 than a year earlier, according to data published by...

Office Market

Office buildings dominated commercial real estate market despite COVID

The pandemic has transformed the domestic real estate sector with strong investor interest in the logistics segment, while retail and...

Innovation

OXO weighs investment in Munch

OXO Technologies on Friday said its board voted to start investment talks with Munch Europe, which has developed a platform...

Transport

Békéscsaba awards HUF 1.5 bln airport contract

Members of the local council of Békéscsaba (200 km southeast of Budapest) voted unanimously last week to award a close...

Retail

Slovenia’s retail sales rise in March

Slovenia's retail sales rose by 25.5% in March, after growing 21.7% in February, data from the Ljubljana-based Central Statistical Bureau...

Manufacturing

Apollo’s Gyöngyöshalász Factory Could Double Production Capacity, add 100s of Jobs

Hungary is in the running for a new Apollo Tyres investment worth at least EUR 100 million, with a final...

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...