Business

Manufacturing

Industrial producer prices up 21.6% y.o.y. in November

Industrial producer prices were 21.6% higher on average in November 2021 than a year earlier, with the price rise of...

Automotive

Competition authority clears AutoWallis’s acquisition of Avto Aktiv

The Slovenian competition authority has granted its approval for AutoWallis to purchase Avto Aktiv’s activities and real estate properties, according...

Interview

Personalized care

The oldest private hospital in Budapest, Dr. Rose Private Hospital, is constantly being revitalized and developed. The hospital, which serves...

Automotive

Ford leads Hungary LCV market

Ford led Hungary's light commercial vehicle market last year, selling 6,559 vehicles to give it a 28.54% market share, Ford...

Telco

Data traffic of mobile networks up in Q3 2021

Data traffic of the mobile networks continues to grow, with Q3 2021 4% higher than a year earlier, according to...

Deals

Numil transfers infant, clinical nutrition business to Danone Hungary

Effective January 1, 2022, Numil Kft. has transferred its infant and clinical nutrition business to Danone Hungary Kft., thus the...

Office Market

Futureal Investment Partners expands Polish portfolio

Futureal Investment Partners has announced three real estate investments in Poland, totaling nearly 70,000 sqm, according to a press release...

Construction

Wienerberger merges local paving stone, brick units

Semmelrock Stein+Design, the Hungarian paving stone unit of Austrian building materials group Wienerberger, has merged with Wienerberger's local brick business...

Sustainability

Atenor certified carbon neutral

Belgian real estate developer Atenor has obtained the Carbon Neutral certification in collaboration with CO2logic, according to a press release...

Transport

Motorists bought 162,000 annual motorway stickers in December

Motorists purchased nearly 162,000 annual motorway vignettes in December valid for 2022, toll operator NÚSZ said yesterday, according to novekedes.hu....

Manufacturing

Poland manufacturing growth rises unexpectedly in December

Poland's manufacturing sector growth unexpectedly improved in December, survey data from IHS Markit showed on Monday. The manufacturing Purchasing Managers'...

Sustainability

Borrowers take out HUF 22 bln of Green Home Program credit

Lenders have disbursed about HUF 22 billion of credit in the framework of the Green Home Program of the National...

Science

‘Flurona’ detected in Hungary

One of the most shocking pieces of news of the new year is the discovery of a new compound disease...

Pharma

Hungary gets 2nd delivery of COVID jabs for children

The second delivery of the Pfizer-BioNTech coronavirus vaccine for children aged 5 to 11 has arrived in Hungary, the local...

Automotive

AutoWallis appoints new director to head subsidiary

Starting from January, the AutoWallis subsidiary Wallis Motor Pest and Duna will be led by a new managing director: Sándor...

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...