Business

Interview

M&A Market in Hungary Expands Almost 50% in 2021

The value of mergers and acquisitions in Hungary jumped by almost 50% to USD 1.7 billion (HUF 521 bln) last...

Transport

Waberer’s extends naming rights 99 years

Listed hauler Waberer's yesterday said its minority owner György Waberer extended the company's right to use his name for 99...

Office Market

Significant Increase in Green Office Stock

The Budapest office market is estimated to have seen an increase of nearly 180,000 sqm of green office space for...

Telco

Ukraine Crisis: Hungary suspends broadcasts of RT, Sputnik

Hungary is suspending local broadcasts of Russia's RT and Sputnik, the National Media and Infocommunications Authority (NMHH) told news agency...

Automotive

Ukraine Crisis: Audi Hungaria predicts supply chain problems

Although supplies to customers are currently unaffected, Audi Hungaria Zrt. has told the Budapest Business Journal that it expects the...

Deals

ARX Equity Partners acquires majority holding in Klient Holding

ARX Equity Partners announced that it has acquired a majority holding in Klient Holding, the holding company of WTS Klient,...

Retail

Estonia retail sales up 8% y.o.y. in January

Estonia's retail sales, excluding motor vehicles and motorcycles trade, increased 8% year-on-year in January, data from the Tallinn-based Statistics Estonia...

Residential

Lenders disburse HUF 77 bln under Green Home Program

Lenders have disbursed about HUF 77 billion of credit under the Green Home Program of the National Bank of Hungary...

Retail

Retail sales up 4.1% y.o.y. in January

In January 2022, the volume of retail sales in Hungary increased by 4.5% according to raw data and by 4.1%...

Manufacturing

Czech manufacturing PMI eases in February

The headline seasonally adjusted IHS Markit Czech Republic manufacturing PMI fell to a four-month low of 56.5 in February from...

Automotive

Ukraine Crisis: War could further affect domestic car production

The car industry has not recovered from the effects of the epidemic but already has another difficulty, as the Russian-Ukrainian...

Retail

MOL sets 100-liter top-up limit

Hungarian oil and gas company MOL on Wednesday announced a 100-liter top-up limit for motorists without a fuel card according...

Residential

Home sales fall 5% y.o.y. in February

Home sales in Hungary fell 5% year-on-year to 13,793 in February, according to an estimate by listed real estate broker...

Manufacturing

Estonia producer prices increase in January

Estonia's producer prices increased in January, data from Statistics Estonia(SE) showed on Monday. The producer price index (PPI) increased 26.6%...

Retail

Lithuania retail sales rise further in January

Lithuania's retail sales, excluding VAT (value-added tax), increased a working-day adjusted 18.2% year-on-year in January, following a 16.5% rise 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...