Business

Retail

Retailers Optimistic for Black Friday, Despite Mixed Messages

Until recently, Black Friday and the Christmas season were the most anticipated for the retail sector, as these few weeks...

Transport

E-toll payment system to go offline early tomorrow

Hungary's national electronic toll payment system will go offline for an upgrade between 1 a.m. and 5 a.m. on Sunday,...

Pharma

Another 240,000 doses of Pfizer COVID vaccine delivered

More than 240,000 doses of the COVID vaccine developed by Pfizer and BioNTech were delivered to Hungary during the week,...

Automotive

E-car Sharing Needs Extra Boost to Become a Viable Solution

With the rate of urbanization growing, private vehicle ownership rising, and mobility needs and habits evolving in complexity, Budapest and...

HR

PwC: What Employees Expect From Their Hungarian Workplace

Company culture, work organization, and upskilling are the top ingredients for building future-proof organizations, according to the findings of PwC...

Construction

Investment Volumes Down on Previous Year

Colliers has traced relatively favorable CEE regional investment figures of EUR 7.3 billion for the first three quarters of the...

Innovation

HSUP: Build a startup from scratch

Júlia Sohajda, the co-founder of Vespucci Partners venture capital fund and Krisztián Kölkedi, the founder of the Hungarian Startup University...

Transport

Budapest steps up airport shuttle bus service

The Budapest Public Transport Center (BKK) will operate a more frequent airport shuttle bus service from Friday to accommodate an...

Science

BME launching space engineering degree

From September 2022, the Budapest University of Technology and Economics (BME) will launch a master's degree in space engineering and...

Retail

MOL starts building motorway gas stations in Romania

The Romanian unit of Hungarian oil and gas company MOL on Thursday announced the start of construction of six motorway...

Retail

Holiday candy sales to decline in volume, rise in value

Hungarian candy manufacturers expect sales of holiday candy to decline in volume but rise in value terms this year, daily...

Interview

25 Years of Serving the Market and Building Trust

Penny Hungary CEO Florian Naegele reflects on the German retail chain’s 25th anniversary in the country and its plans for...

Manufacturing

Lithuania industrial production up in October

Lithuania's industrial production rose a working-day adjusted 22.6% year-on-year in October, figures from Statistics Lithuania (LS) showed on Tuesday....

Automotive

AutoWallis completes technical handover of new Jaguar, Land Rover showroom

The Jaguar and Land Rover brands’ newest car dealership and service center, represented by the AutoWallis Group, located at the...

Residential

Home rental rates in Hungary rise 8.6% y.o.y. in October

Home rental rates in Hungary rose 8.6% year-on-year in October, climbing for the fifth 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...