Business

Automotive

Imported used car registrations climb 7% in Jan

The number of imported used cars registered in Hungary rose 7.2% year-on-year to 10,606 in January, listings site JoAutok.hu said...

Retail

Most Hungarians buy produce at supermarket

Around 73% of Hungarians buy their fruit and vegetables at supermarket chains, rather than at produce stores or markets, news...

Manufacturing

Poland manufacturing growth weakens unexpectedly in January

Poland's manufacturing sector growth unexpectedly weakened in January, survey data from IHS Markit showed on Tuesday....

Residential

Avg new home price in Budapest above HUF 1 mln/sqm

New home prices in the capital averaged HUF 1,030,000 per square meter in January, climbing over the HUF 1 million...

Residential

Hungary home sales fall 3% in January

Home sales in Hungary fell 3.3% year-on-year to 10,815 in January, news wire MTI reports, citing an estimate by listed...

Transport

Air Canada to resume direct Budapest-Toronto flights from May to Oct

Air Canada is set to resume direct flights between Budapest and Toronto, from May to October 2022, with the Canadian...

Deals

CPIPG signs deal on acquiring 17.5 mln Immofinanz shares

This week, CPIPG and CEE Immobilien GmbH, a wholly-owned subsidiary of S Immo AG, signed an agreement concerning the acquisition...

Science

ELTE inaugurates HUF 1 bln microbiology lab

Budapest's Eötvös Loránd University (ELTE) inaugurated a HUF 1 billion microbiology laboratory on Tuesday, according to a report by news...

Retail

Serbian retail trade, industrial production up in December

Serbian retail trade turnover in December was up by 22.7% year-on-year in current prices and up by an annual 11.2%...

Manufacturing

Croatia industrial output growth rises in December

Croatia's industrial output grew by 6% year-on-year in December, following a 3.7% increase in the previous month, data from the...

Retail

Croatia retail sales volume up in December

Croatia's retail sales grew 8.5% year-on-year in December, advancing from a 5.2% rise in the previous month, the Zagreb-based Central...

Manufacturing

Industrial producer prices up 22.3% y.o.y. in Dec 2021

In December 2021, industrial producer prices were 22.3% higher on average than a year earlier, according to data released by...

Appointments

New managing director at Deutsche Telekom IT Solutions

On February 1, László Kónya took over the managing director position at Deutsche Telekom IT Solutions (DT-ITS) from Erik Slooten,...

Retail

Latvia retail sales rise in December

Latvia's retail sales gained a calendar-adjusted 8.3% year-over-year in December, figures from the Riga-based Central Statistical Bureau (CSB) showed on...

Interview

Insulin resistance: help is at hand

We asked endocrinologist and gynecologist Dr. Illés Gyula Balogh, about the identification, examination, dangers and healing of insulin resistance....

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...