Business

Sustainability

Indotek Group reduced carbon emissions by nearly 600 tonnes in 2021

In the last two years, Indotek Group, one of Hungary's leading real estate investment management groups, has launched almost 16...

Residential

OTP to buy property listings sites

OTP Group on Thursday said it will acquire three websites that will make it runner-up on the local online property...

Transport

Budapest Airport developments exceeded HUF 70 bln in past 3 years

Between 2019 and 2021, operator Budapest Airport spent more than HUF 70 billion on development projects at Ferenc Liszt International...

Deals

McKinsey acquires IncepTech, opens studio in Budapest

McKinsey has acquired Hungarian digital transformation and innovation startup IncepTech, according to a press release sent to the Budapest Business...

Deals

State moves closer to acquiring stake in VIG-Aegon tie-up

The Finance Ministry on Wednesday said the state has taken another step toward acquiring a stake in the Hungarian companies...

Retail

Jysk recruits staff for EUR 200 mln regional distribution center

Danish home furnishings retailer Jysk is recruiting to fill 300 positions at a new EUR 200 million regional distribution in...

Interview

Responsibility and awareness

"Responsibility in this sphere is definitely a keyword. Our VIP clients live their lives with a high degree of awareness,...

Deals

Schneider Electric expands range of domestic suppliers

Energy management and automation company Schneider Electric is expanding the number of suppliers in the region, including Hungary, according to...

Pharma

Pfizer delivers another shipment of COVID jabs for children

Another delivery of the Pfizer-BioNTech coronavirus vaccine for children aged 5 to 11 has arrived in Hungary, the local unit...

Construction

Construction output volume up 29% in December

The volume of construction output in December 2021 surpassed the previous year’s level by 29% according to raw data published...

Science

Foreign Ministry signs MoU with Roscosmos

Hungary's Ministry of Foreign Affairs and Trade has signed a memorandum of understanding with Roscosmos, Russia's state-owned space industry company,...

Interview

Chris Mattheisen answers CBI’s Proust-inspired questionnaire

Marcel Proust, the French essayist and novelist, believed that, in answering certain questions, an individual's true nature is revealed. Here...

Retail

Staple food price cap compliance strong

Government officials have found 42 violations in a price cap compliance probe of over 500 shops, the Innovation and Technology...

Science

More than 240 Hungarians apply to go to ISS

More than 240 valid applications have been submitted in a drive to recruit a Hungarian astronaut to travel to the...

Construction

Épduferr shares begin trading on BSE

Trade in the shares of construction company Épduferr started on the Budapest Stock Exchange's (BSE) Xtend platform for SMEs on...

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...

Older Small Cars Rise in Price as Hungary’s Budget Used-Car Supply Shrinks

Suzuki Swift asking prices rose 25.8% year-on-year in September as the share of used cars below HUF 2.5 mln shrank,...

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...