Business

Transport

Wizz Air losses narrow; carrier prepares for ‘exceptional opportunity’ on horizon 

Low-fare Hungarian carrier Wizz Air on Thursday reported a loss of EUR 120.9 million for the first half of its...

Manufacturing

Poland manufacturing growth rises in October

Poland's manufacturing sector growth unexpectedly improved in October, survey data from IHS Markit showed on Tuesday....

Automotive

BMW to start construction of Hungary plant buildings in 2022

German carmaker BMW will start construction of the first buildings at the site of its plant in Debrecen at the...

Transport

Budapest Airport holds successful emergency exercise

Hundreds of people took part in a simulated rescue event amidst huge smoke and fire during Budapest Airport’s full-scale emergency...

Residential

Hungary home sales fall 6% y.o.y. in October

Home sales in Hungary fell 6% year-on-year to 11,526 in October, state news wire MTI reports, citing an estimate by...

Retail

Internet users to spend over HUF 60,000 on holiday shopping

Hungarians who actively use the internet plan to spend an average HUF 60,400 on gifts this holiday season, more than...

Retail

Latvia retail sales increase in September

Latvia's retail sales grew a calendar-adjusted 3.9% year-over-year in September, figures from the Riga-based Central Statistical Bureau (CSB) showed....

Sustainability

Just 2.6% of homes in Hungary nearly zero-energy buildings

Just 2.6% of homes and accommodation-type properties in Hungary received a rating of BB or higher (meeting near-zero energy requirements)...

Fintech

Crypto exchange CoinCash acquires rival MrCoin

CoinCash is set to take over the MrCoin brand and carry on the services of MrCoin.eu, according to Attila Mogyorósi,...

Retail

Slovenia retail trade growth at 5-month high

Retail sales in Slovenia advanced 17.1% year-on-year in September the biggest gain since April, after rising by 12.3% in August,...

Manufacturing

Industrial producer prices up 14% y.o.y. in September

In September 2021, industrial producer prices rose by 14% year-on-year in Hungary, according to data published by the Central Statistical...

Appointments

PwC Hungary appoints new HR leader

Anikó Hinterstein took over as HR leader at PwC Hungary today, the Big Four company told the Budapest Business Journal....

Residential

About 20% of homeowners plan renovations

Around 20% of Hungarian homes could undergo renovation in the coming year, a representative survey of homeowners by economic research...

Retail

Lithuania retail sales rise in September

Lithuania's retail sales, excluding VAT, increased a working-day adjusted 11.3% year-on-year in September, after a 10.2% rise in August, figures...

Transport

BAHART traveler numbers up 21% 

Traveler numbers on scheduled passenger ferries operated by Balatoni Hajózási (BAHART) had risen almost 21% when the season ended on...

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....

Wizz Air Enters Winter With Fuel Hedges and Record Summer Traffic

Discount airline Wizz Air is preparing for winter with more than EUR 2.2 billion in liquidity and fuel hedges covering...

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...