Business

Manufacturing

Industrial production up 4.5% in February

In February 2022, the volume of industrial production in Hungary grew by 4.5% year-on-year, according to both raw and working-day...

Automotive

AutoWallis closes 2021 with record profits

The AutoWallis Group closed 2021 with profits significantly exceeding its own plans and an EBITDA of HUF 7.8 billion, despite...

Manufacturing

Latvia industrial production falls in February

Latvia's industrial production decreased in February, led by a slump in output in the electricity and gas sector, data from...

Sustainability

MNB adds HUF 100 bln to Green Home Program allocation

The Monetary Council of the National Bank of Hungary (MNB) on Tuesday decided to raise the allocation for the central...

Office Market

Skanska’s Hungarian HQ awarded WELL Health and Safety certificate

Skanska’s HQ office in Hungary, located in the Nordic Light office complex, received a WELL Health & Safety certification, according...

Appointments

Andersen appoints tax incentives & state aid director

Andersen Hungary announced the appointment of Edina Dobos as director responsible for tax incentives and state aid....

Manufacturing

Nitrogénművek restarts ammonia production

After a one-month shutdown, Nitrogénművek has restarted ammonia production in order to meet the strong export demand at the end...

Manufacturing

Poland manufacturing growth eases in March

Poland's manufacturing sector growth eased to the lowest since the beginning of 2021, the impact of war in Ukraine due...

Transport

GreenGo expands fleet

Car-sharing company GreenGo on Monday said it expanded its fleet of electric vehicles from 320 to over 400, according to...

Deals

MOL acquires ReMat

Hungarian oil and gas company MOL on Friday said it acquired ReMat, Hungary's leading plastics recycling company, according to portfolio.hu....

Retail

Serbian retail sales rise in February

Serbia's retail sales increased by a real 7.7% year-on-year in February, after recording a 4.3% annual rise in the previous...

Competition

Hungarian round of Cassini Hackathon coming in May

Design Terminal is organizing the Hungarian round of the third Cassini Hackathon, the main goal of which is to make...

Innovation

Around half of Hungarians have basic digital skills

Around 49% of Hungarians aged 16 to 74 have at least basic overall digital skills, state news wire MTI reports...

Manufacturing

Croatia industrial output growth rises in February

Croatia's industrial output grew by an annual 4% in February, after a 3.5% increase in January, the Zagreb-based Central Bureau...

Construction

Construction industry assoc augurs sector stagnation amid war

Hungarian construction industry association ÉVOSZ projects the sector will stagnate this year because of the impact of the war in...

Business

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

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...

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....

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...