Business

Retail

E-commerce requires more webshops to grow

Hungarian e-commerce is growing rapidly and is currently the 53rd largest e-commerce market globally, but there is still room for...

Pharma

TritonLife Looking to Expand a Healthy Business

Leading private healthcare provider TritonLife Group says it is expanding rapidly to serve growing market needs. Its latest facility also...

Office Market

Redevelopment of Krausz Palota Gets Underway

Having been granted a heritage permit, the refurbishment of the classic Krausz Palota by Avison Young has begun with the...

Telco

GVH penalizes Magyar Telekom for false advertising

Hungary's Competition Office (GVH) on Friday said it penalized Magyar Telekom for falsely advertising "unlimited" mobile data for certain applications...

Residential

Investment buyers return to Budapest home market in droves

Around 40% of homes purchased in the capital in November were bought for investment purposes, up from 24% in the...

Retail

Higher pine tree prices not deterring demand

The 10-20% increase in the price of pine trees expected for this year's Advent will not cause a significant change...

Retail

Alza.hu launches English-language e-shop

Alza.hu announced the launch of its English-language web store, making its product portfolio easily accessible for customers who do not...

Manufacturing

Czech annual industrial output slows in October

Industrial output in the Czech Republic decreased 4.9% year-on-year in October, following a 4% contraction in the previous month, figures...

Residential

Housing market turnover could increase 10-15% this year

Looking at this year as a whole, a double-digit price increase is expected in the housing market, according to an...

Telco

4iG to acquire controlling stake in Albanian telco

Listed IT company 4iG on Wednesday said it entered into a definitive sale and purchase agreement to acquire an 80.27%...

Office Market

New tenants at CA Immo’s Millennium Tower II

CA Immo concluded rental agreements for around 2,500 sqm of office space in Millennium Tower II in Budapest. The new...

Manufacturing

Latvia industrial output eases in October

Industrial production in Latvia rose 2.4% year-on-year in October, easing from a 5.8% jump in the previous month, data from...

Transport

HUF 130 bln expansion of rail line connecting to Romania starts

Officials on Tuesday laid the cornerstone of a close to HUF 130 billion project to make a 30 km single-line...

Retail

Czech retail sales accelerate in October

The Czech retail sales accelerated by a working-day 7.2% year-on-year in October, following a 3.5% growth in September, figures from...

Retail

Nearly half inclined to purchase artificial Christmas Tree

Some 45.8% of Hungarians said they would purchase artificial Christmas trees this year, 36% are planning to buy traditional Christmas...

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...