Business

Office Market

Skanska launches outdoor art design tender for H2Offices

Skanska has launched a design tender for the creation of an outdoor piece of art, which will be placed in...

Manufacturing

Lithuania’s Feb industrial production up on year

Lithuania's industrial production rose a working-day adjusted 20.3% year-on-year in February, figures from Statistics Lithuania (LS) showed on Wednesday....

Deals

Indotek to acquire 47% stake in Auchan holdings in Hungary

Hungarian property developer Indotek has agreed to acquire a 47% stake in the local units of Elo, the holding company...

Retail

Spar revenue rises more than 7% in 2021

Revenue of the Hungarian unit of supermarket chain Spar rose 7.2% to HUF 791.8 billion in 2021, Spar Magyarorszag managing...

Retail

Revamped Gobuda Mall’s gradual opening begins

Gobuda Mall, formerly known as EuroCenter, is gradually opening for visitors starting today, following 10 months of extensive renovations, developer...

HR

Integration of BSS new joiners more efficient than before

Tailor-made knowledge-sharing programs answer the growing demand for outsourcing this resource-intensive part of the onboarding process....

Manufacturing

MOL unit lays cornerstone of HUF 65 bln propylene plant

Mol Petrolkémiai, a unit of oil and gas company MOL, laid the cornerstone of a HUF 65bn propylene plant in...

Telco

Magyar Telekom board proposes HUF 15 bln dividend

The board of Magyar Telekom (MTel) will propose to shareholders payment of a HUF 15 billion dividend on last year's...

Automotive

Audi Hungaria to turn out Cupra SUV model from 2024

The local unit of German carmaker Audi will start production of an SUV model of the Volkswagen group's Cupra brand...

HR

WHC Group acquires majority stake in Heads Adriatic

WHC Group, a 100% Hungarian-owned company, has acquired a majority stake in Heads Adriatic, one of the leading HR service...

Office Market

Graphisoft Park board proposes EUR 0.43-per-share dividend

The board of Graphisoft Park, which owns and operates a business park in the north of the capital, will propose...

Telco

4iG acquires Albania Telekom Invest

Listed IT company 4iG yesterday said it acquired 100% of the shares of Albania Telekom Invest, which owns 99.899% of...

Retail

Poland retail sales grow further in February

Poland's retail sales rose 8.1% year-on-year in February, after a 3.1% decline in the same month last year, figures from...

Sustainability

Budapest ONE office building receives WELL, BREAM certifications

The first phase of Futureal Group's Budapest ONE office building, which has already been completed, has been awarded the WELL...

Pharma

Richter lays cornerstone of HUF 15 bln office building

Hungarian pharmaceutical company Gedeon Richter laid the cornerstone of a HUF 15 billion office building in Budapest on Tuesday, according...

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...

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...

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...

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...