Business

Incubators

Applications open for CEU InnovationsLab startup program

The applications for the CEU InnovationsLab (CEU iLab) startup program, which offers six months of mentoring, a coworking office in...

Deals

State to acquire 51% stake in Debrecen airport operator

Hungary's state will acquire a 51% stake in the company operating Debrecen International Airport under a government decision, state secretary...

Retail

Auchan to spend HUF 3.2 bln on raising wages this year

The local unit of French supermarket chain Auchan and retail workers' union KASZ agreed on raising wages this year, Auchan...

Deals

MOL exercises call options for over 74 mln shares

Hungarian oil and gas company MOL on Tuesday said it will exercise call options for a combined 74,138,899 of its...

Retail

Share of e-commerce grew 35% in 2019-2020 

The share of e-commerce in Hungary has grown dynamically in the last decade, according to profitline.hu....

Manufacturing

Masterplast projects marked sales, profit growth

Hungary's Masterplast, a listed company that makes building materials and textiles used to make personal protective equipment, projects annual sales...

Sustainability

CPI Property Group issues sustainability-linked bonds

CPI Property Group (CPIPG) has become the first real estate company from the CEE region to issue sustainability-linked bonds, according...

Fintech

MNB doubles down on Revolut position

The National Bank of Hungary (MNB) on Tuesday reiterated its stand on fintech company Revolut's cross-border banking services in Hungary,...

Transport

MÁV-Volán management, union reps agree on pay rise

The management of state-owned railway and bus group MÁV-Volán have reached an agreement with union representatives that will raise base...

Transport

Danube fairway project completed

The Danube Fairway project, implemented by six Danube countries with EUR 19 million from the European Networking Facility (CEF), has...

Automotive

Used car listing prices climb 43% in 2021

The average price advertised for used cars in Hungary rose 43% close to HUF 4 million last year, state news...

Office Market

Europa Capital, ConvergenCE acquire Akadémia Business Center

Pan-European real estate investment manager Europa Capital announced that it has acquired Akadémia Business Center in Budapest, in partnership with...

Automotive

Acquisitions, organic growth lift AutoWallis sales in 2021

Acquisitions, as well as organic growth, boosted listed car seller AutoWallis's sales last year, news agency MTI reports citing a...

Transport

Wizz Air to launch Budapest-Chișinău flights in March

Discount airline Wizz Air has announced a new route from Budapest to Moldova's capital Chișinău, according to a press release...

Retail

Czech retail sales surge in November

The Czech retail sales increased further in November, data from the Prague-based Czech Statistical Office (CZSO) showed on Thursday....

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...