Business

Office Market

Total modern office stock in Budapest above 4.05 mln sqm

The total modern office stock in Budapest currently adds up to 4,053,940 sqm, consisting of 3,387,460 sqm of "A" and...

Residential

Over 1/5 of homeowners could renovate in coming year

Around 21% of Hungarian homes could undergo renovation in the coming year, state news wire MTI reports, citing a representative...

Office Market

Futureal, Unicredit Bank sign nearly EUR 80 mln loan deal

Futureal and UniCredit Bank have signed a EUR 79.5 million loan agreement to finance the construction and long-term operation of...

Manufacturing

Lithuania industrial production expands in March

Lithuania's industrial production increased in March, led by the growth in manufacturing and electricity output, figures from the Vilnius-based Statistics...

Innovation

W.UP, Corvinus U develop DSS in HUF 722 mln project

Fintech company W.UP and Corvinus University of Budapest have completed a HUF 722 million project to develop an automated decision...

Deals

CE LAND, NAI Global establish strategic partnership

The Hungarian CE LAND group of companies and NAI Global from the United States are forming a strategic alliance, and...

HR

Just 1/3 of working youth feel valued 

Some 53% of working young people felt their jobs were stable in the first three months of 2022; in the...

Retail

Poland retail sales growth slows in March

Poland's retail sales growth eased in March, figures from Warsaw-based Central Statistical Office (GUS) showed on Friday....

Manufacturing

Slovenia’s avg producer prices rise in March

Slovenia's industrial producer prices rose by 17.9% year-on-year in March, after increasing by 16.5% in the previous month, the Ljubljana-based...

HR

Construction sector labor shortage persists

According to almost half of Hungarian SMEs, there is still a labor shortage in the construction industry, according to a...

Telco

4iG capital increases wind up with Bartolomeu subscription

Listed IT company 4iG on Thursday said that Bartolomeu Investments, a fund managed by Alpac Capital, subscribed 19,761,380 newly issued...

Automotive

Local automakers feeling squeeze

The operations of Hungary's biggest automakers have been impacted by the global chip shortage, a parts squeeze due to the...

Automotive

Rába issues profit warning

Listed automotive industry company Raba said late Wednesday that it could report a consolidated first-quarter operating loss of "nearly HUF...

Residential

Demand for holiday homes shifting

Demand for holiday homes has traditionally picked up in the spring, and while this year it is no different, it...

Pharma

Hungarians Loyal to Their Doctors, Prepared to pay for Better Care

Price and geographical proximity are not the only factors that determine the choice of a doctor or clinic, according to...

Sustainability

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

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...

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

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...