Business

Residential

More than 80,000 apply for home renovation subsidies

More than 80,000 families raising children have applied for home renovation subsidies since the launch of the government scheme, state...

Appointments

Solid Foundations, Ambitious Plans

The 33rd General Assembly and Board Elections of the American Chamber of Commerce Hungary were held in person and face-to-face...

Interview

Digital Development: Faring Well, but Room for Improvement

According to Microsoft’s Digital Futures Index, a data model that maps digital development using a wide range of parameters, Hungary...

Interview

Learning to be Responsible and Responsive Around COVID and ESG

Moving country can be stressful. Relocating to a place where you don’t speak the language is daunting. Changing jobs always...

Interview

Bosch Boss Striving to Keep up Competency and Competitiveness

There are plenty of Hungarian leaders of Hungarian firms, and there is a sizeable cohort of expat CEOs of international...

Interview

Serving the Future With Applied Research

The Zoltán Bay National Applied Research Institute Network was established on Sep. 20, 2021. The basic idea was conceived in...

HR

How the Pandemic Influenced Recruitment in 2021

Today, an entry-level engineer may earn as much as one with several years’ experience. The gap between skilled blue-collar workers...

Industrial

CTP Undertakes new Speculative Development

The industrial market continues to record positive data with the CEE developer and industrial park operator CTP beginning work on...

Transport

LOT restarting direct Budapest-New York flight from June

LOT Polish Airlines has announced that it will re-launch direct flights between Budapest and New York from June 2022....

Appointments

Zsolt Barna appointed CEO of Hungarian Bankholding

From January 1, Zsolt Barna will manage Hungarian Bankholding as chairman and CEO, according to a press release sent to...

Transport

Budapest Airport spends millions of HUF on donations in 2021

Budapest Airport was preparing to hold its annual Christmas party again this year, but due to the new wave of...

Construction

GVH makes proposals to address distortions on wood market

Hungary's Competition Office (GVH) on Wednesday said it made proposals to address market distortions based on the results of a...

Office Market

Union Investment purchases Szervita Square Building

The commercial part of Horizon Development’s LEED Platinum certified premium mixed-use property Szervita Square Building was purchased by Union Investment...

Fintech

NFT auction: 1st ever SMS generates EUR 107.000 to support refugees

The world's first SMS was immortalized as a Non Fungible Token (NFT) and sold at an auction in Paris, fetching...

Residential

Home rental rates in Hungary up 11% y.o.y. in November

Home rental rates in Hungary rose 11% year-on-year in November, climbing for the sixth month in a row after falling...

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...