Business

Retail

Price cap boosted gasoline sales

A HUF 480/liter temporary retail price cap the government-mandated for gasoline and diesel from Nov. 15 has lifted sales, business...

HR

Most employees want exit interviews

A recent representative survey by job search website Profession.hu revealed that most employees would like to take the opportunity of...

Science

Hungary healthcare officials put Omicron infection rate at 29%

The Omicron variant accounts for 29% of coronavirus infections in Hungary at present, the National Public Health Centre (NNK) said...

Automotive

Automotive manufacturing output fell 15.1% y.o.y. in Nov

Automotive manufacturing output, the most significant segment of Hungary's industrial sector, fell 15.1% year-on-year in November, declining at a slower...

Manufacturing

Romania November industrial production declines on year

On a seasonally adjusted basis, Romania's industrial production declined by 1.9% year-on-year in November, following a downwardly revised 4.7% fall...

Innovation

Szeged Uni opens incubator at new science park

The University of Szeged (170 km southeast of Budapest) inaugurated an incubator in its new science park this week, according...

Logistics

Czech developer to build logistics center in Croatia

Czech developer RC Europe said in Tuesday it plans to build a distribution and logistics centre in Croatia worth an...

Residential

Over 27,000 families in villages apply for home purchase subsidies

More than 27,000 families with children who live in Hungary's smallest communities have applied for close to HUF 149 bln...

Residential

Final phase of LIVING’s Kassák project kicks off

LIVING is launching the third, and final, phase of the Kassák project: Kassák Terrace, consisting of 246 apartments in District...

Construction

Slovak construction output growth eases in November

Construction output in Slovakia increased by 1.0% from a year earlier in November 2021, following a 2.8% growth in the...

Automotive

Solus Advanced Materials gets USD 28 mln loan from EBRD

The European Bank for Reconstruction and Development (EBRD) announced a USD 28 million loan for the construction of a plant...

Deals

MOL acquires Lotos petrol stations in Poland for USD 610 mln

Hungarian oil and gas company MOL on Wednesday said it signed agreements with PKN Orlen and Grupa Lotos on the...

Logistics

GLP extends Sziget Logistics Center, buys plot

GLP has closed an acquisition contract for a 22.3-hectare plot in Szigetszentmiklós, next to its existing Sziget Logistics Center, which...

Transport

Hódút wins HUF 107 bln contract to build last stretch of M44

Hódút could build the last stretch of the M44 dual carriageway connecting to the M5 motorway in Kecskemét at a...

Podcasts

Microsoft Hungary head Chris Mattheisen discusses the Vatican’s AI agreement with Microsoft, Machine Vision, AI Ethics and liability for AI

Microsoft country general manager for Hungary Chris Mattheisen discusses the Vatican’s AI agreement with Microsoft, Machine Vision, AI Ethics 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...