Business

Podcasts

Transformation Delineation – Microsoft country general manager for Hungary Chris Mattheisen discusses Microsoft today, AI, and challenges of digital transformations with CBI co-hosts Theodore S. Boone and Kristóf Csordás.

Microsoft Country General Manager for Hungary Chris Mattheisen discusses Microsoft today, Artificial Intelligence and challenges of digital transformations with CBI...

Manufacturing

Industrial production down 3.4% y.o.y. in October

In October 2021, the volume of industrial production fell by 3.4% year-on-year, according to raw data published by the Central...

Deals

CPIPG makes offer for outstanding Immofinanz shares

CPI Property Group (CPIPG) announced an anticipatory mandatory takeover offer for all outstanding shares of Immoginanz AG. Shareholders are to...

Transport

Q3 long-distance passenger transport performance up 13% y.o.y.

The number of passenger-kilometers Hungary's transport industry registered in the third quarter rose 13% year-on-year to 4.9 billion, but was...

Telco

Digi winds up 3-year network development project

Telecommunications company Digi said on Monday that in December it is winding up a three-year, self-funded wired network development project...

Innovation

ÁSZ: E-administration spreading in Hungary

In the last 10 years, the electronic administration service has spread significantly in Hungary. The epidemic situation has also confirmed...

Transport

Matolcsy argues against buying Ferenc Liszt Int’l

"There are several important reasons why we should not buy Liszt Ferenc International Airport, as we must strive to reduce...

Residential

Hungary has 9th most accessible property ladder on globe

According to research published by Interesting Reviews, Hungary has the ninth most accessible property ladder in the world....

Construction

Building materials companies to raise prices by 10-20% in 2022

Hungarian building materials suppliers plan to raise prices of several products by 10-20% in 2022 due to higher energy, transport...

Deals

OTP Bank signs agreement to buy bank in Albania 

OTP Bank on Monday said it signed an agreement to acquire 100% of the Albanian subsidiary of Greece's Alpha Bank...

Transport

Bahart expects HUF 5.7 bln order by next season

State-owned Bahart, which operates a ferry and pleasure boat service on Lake Balaton, will take delivery of two ferries and...

Residential

Stimulus needed to boost supply of new homes – MNB

The National Bank of Hungary (MNB) acknowledged the positive impact a temporary reduction in the VAT rate on home construction...

Pharma

Gov’t signs strategic cooperation deal with Roche

Hungary's government signed a strategic cooperation agreement with Swiss pharmaceutical group Roche, according to a report by state news wire...

HR

Number of registered jobseekers down in November

The number of registered jobseekers in Hungary reached 242,274 in November, 3,985 fewer than in the previous month, according to...

Office Market

Spreading the SSC net to Secondary Cities

Shared services centers (SSCs) and Business Process Outsourcing (BPOs) have become one of the major industries in Hungary and one...

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...