Business

Telco

Telenor to rebrand as Yettel from March

From March 1, Telenor Hungary will continue to operate under the name Yettel, according to a press release sent to...

Transport

Wizz Air losses grow as revenue per passenger falls

Hungarian low-fare carrier Wizz Air on Wednesday reported a loss of EUR 267.5 million for the third quarter of its...

Transport

Russia considering financing V0 freight railway bypass

Russia is ready to consider financing the V0 freight railway bypass around Budapest, as well as sharing its experience and...

Manufacturing

Lithuania industrial production rises in December

Lithuania's industrial production rose a working-day adjusted 33.2% year-on-year in December, figures from Vilnius-based Statistics Lithuania (LS) showed on Tuesday....

Innovation

Maple Bear Canadian School looking to enter Hungary

Maple Bear Canadian School announced its intent to enter Hungary, bringing Canadian educational methodology into the country for the first...

Residential

Home rental rates in Hungary rise 13% in December

Home rental rates in Hungary rose 13.1% year-on-year in December, climbing for the seventh month in a row after falling...

Retail

Poland retail sales accelerate in December

Poland's retail sales accelerated 8% year-on-year in December, figures from the Warsaw-based Central Statistical Office (GUS) showed on Monday....

Deals

Rheinmetall finalizes deal to acquire 25.1% stake in 4iG

German defense industry company Rheinmetall has finalized a deal to acquire a 25.12% stake in listed Hungarian IT company 4iG,...

HR

Number of Hungarians working in Austria rises again

The number of Hungarians working in Austria has risen again, privátbankár.hu writes, referring to data from an Austrian social security...

Residential

LIVING completes the 1st phase of Park West

LIVING, an umbrella brand of WING specializing in residential properties, has completed the first phase of its Park West project...

Appointments

New leasing and sales director at Horizon Development

Máté Bihari was appointed to the position of leasing and sales director at property development company Horizon Development....

Automotive

Hungary signs MoU on KAMAZ R&D, production bases

Hungary's Innovation and Technology Ministry has signed a memorandum of understanding with the management of Russian truck maker KAMAZ on...

Manufacturing

Poland avg gross wages, industrial production up in Dec

Poland's average gross wages and salaries rose 11.2% year-on-year in December, and amounted to PLN 6,644.39 (EUR 1,466) data from...

Innovation

Share of Hungarians in online education doubles during pandemic

The share of Hungarians who have taken online courses or used online learning materials has more than doubled during the...

Construction

ÉVOSZ puts construction industry growth at 5-6% in 2022

Hungary's construction sector is expected to expand 5-6% this year, industry association ÉVOSZ said on Monday, based on outlooks and...

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...