Business

Inside View

‘Fit for 55’ and the Energy Performance of Buildings Directive

In July 2021, the European Commission launched its “Fit for 55” initiative, proposing to make the EU’s climate, energy, land...

Inside View

How ‘Green’ is Green Finance?

Not all green- but improving...

Pharma

Trial results support cariprazine as potential adjunctive treatment 

Hungarian pharmaceutical company Gedeon Richter announced clinical trial results that advance its antipsychotic cariprazine as a potential adjunctive treatment option,...

Industrial

Industrial property market takeup falls 19% y.o.y. in Q3

Take-up on the industrial property market in and around Budapest reached 143,500 sqm in the third quarter, falling 19% from...

Appointments

The Business Community can Lead the Fight on Climate Change

The annual business diner and awards ceremony of the Business Council for Sustainable Development in Hungary highlighted the urgent need...

Interview

Working With a ‘Rock and Roll’ Team for the Benefit of All

We asked Erik Slooten of Deutsche Telekom IT Solutions Hungary to reflect on winning the BBJ Expat CEO of the...

Sustainability

CPI Hungary holds Go Green Day

CPI organized tenant days, called Go Green Day, to continue building community in office buildings by meeting in person after...

Office Market

Investment Shows Signs of Uplift

Global commercial real estate firm Avison Young has traced EUR 4.2 billion in investment volume for the first half-year in...

Automotive

AutoWallis managers awarded ESOP shares 

Managers of AutoWallis were awarded a total of 16.6 million shares from an employee stock ownership plan (ESOP) launched two...

Transport

Polish LOT sues Boeing in U.S. court over design flaws

National carrier LOT Polish Airlines is suing Boeing at a U.S. court over design flaws in its 737 MAX aircraft...

Deals

AgMin, Swiss Krono Kft sign cooperation agreement

The Agriculture Ministry has signed a cooperation agreement with the local unit of Switzerland's Swiss Krono, one of the biggest...

Office Market

East Gate Business Park’s Hall D3 at 100% occupancy

The more than 9,000 sqm Hall D3 in East Gate Business Park has reached 100% occupancy, according to a press...

HR

Unions protest employer mandate to require COVID jabs

The Hungarian Unions Association (MASZSZ) acknowledged the importance of inoculation against the coronavirus but said a government decision allowing employers...

Manufacturing

Bosnia’s Federation industrial output up in September

The industrial output of Bosnia's Federation rose by an annual 10.3% in September, after expanding by 9.1% in August, data...

Interview

Post-COVID symptoms

As of October 2021, more than 800,000 coronavirus infections had been registered in Hungary. Today, all of us know of...

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...