Business

Residential

More than 100,000 apply for home renovation subsidies

More than 100,000 families raising children have applied for home renovation subsidies since the launch of a two-year government scheme...

Residential

Demand for new homes to stay high in 2022

The performance of the housing market was positively influenced by a number of new home-building subsidies introduced in January 2021,...

Retail

Bulgaria retail sales rise in December 

Retail sales in Bulgaria advanced 9.4% year-on-year in December, quickening from a 6.7% increase in the previous month, the National...

Manufacturing

Slovakia industrial production increases further in December

Slovakia's industrial production increased more than expected in December, data from the Bratislava-based Slovak Statistical Office (SÚSR) showed on Thursday....

Telco

.hu domain registrations above 10,000 in January

The number of .hu domain registrations exceeded 10,000 In January, which has not been the case since April 2021, according...

Automotive

Novation Tech announces HUF 1.3 bln base development

Italian-owned Novation Tech, which makes composite parts for the automotive industry, yesterday announced a HUF 1.3 billion development at its...

Manufacturing

Bridgestone marks 15 years in Hungary

Japanese tire maker Bridgestone celebrated the 15th anniversary of its local unit at the Bridgestone base on the outskirts of...

Deals

4iG amends acquisition agreement

Listed IT company 4iG said an agreement on the acquisition of a 51% stake in Israeli satellite company Space-Communication by...

Innovation

Szeged Uni starts 4-year AI project

The University of Szeged (170 km southeast of Budapest) has announced the start of a four-year project to examine the...

Office Market

Coronavirus Accelerates Changes in Office Design

Approaches to office design and organization are changing in reaction to the coronavirus pandemic, accelerating a process already underway due...

Office Market

Office Equipment Trends Receive COVID Boost

As vaccination rates pick up and pro-booster sentiment grows, offices are experiencing much more traffic than those haunted open spaces...

Science

Light-to-moderate coffee consumption beneficial for health – study

The consumption of up to three cups of coffee per day has a beneficial effect on cardiovascular health, and reduces...

Automotive

Automotive sector output contracts at faster clip in Dec

The output of automotive manufacturing, the biggest segment of Hungary's industrial sector, declined 19.8% year-on-year in December, after a 15.3%...

Telco

Older people watch more TV

The older someone is, the more likely they are to sit in front of the TV every day, according to...

Retail

Bosnian retail sales up in December

In December, Bosnia's retail sales soared by 17.6% year-on-year in real terms, following an annual increase of 16% in November,...

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...