Business

Science

Hungary starts search for astronaut to go to ISS 

The Ministry of Foreign Affairs and Trade's commissioner for space research on Thursday announced the launch of a recruitment drive...

Automotive

Hybrid, electric car sales in Romania exceed diesel ones in Sept

While this does not reflect the balance on the local Romanian car market yet, more electric and hybrid cars were...

Residential

Resale home prices in bigger cities climb 10%

Resale home prices in county seats and cities with more than 50,000 residents - excluding the capital - rose about...

Automotive

TÜV Rheinland to strengthen presence in Hungary

Innovation and Technology Minister László Palkovics agreed with executives of TÜV Rheinland on a strengthening of the testing and certification...

Deals

4iG signs final agreement to acquire Telenor Montenegro

Listed IT company 4iG on Wednesday said its unit 4iG Montenegro signed a final sale and purchase agreement with PPF...

Automotive

MOL restricts sales of AdBlue amid hoarding

Hungarian oil and gas company MOL on Wednesday said it is placing restrictions on sales of AdBlue, a diesel exhaust...

HR

New weapon against labor shortage: parental leave cooperatives

The amendment to the cooperatives act implemented this July will pave the way for tens of thousands of mothers –...

Residential

Home rental rates in Hungary rise 5.7% in September

Home rental rates in Hungary rose 5.7% year-on-year in September, climbing for the fourth month in a row after falling...

Retail

Bosnia’s Serb Republic retail sales up in September

Retail sales in Bosnia's Serb Republic rose by a real 11.8% in September, after increasing by 18.2% year-on-year in August,...

Deals

ITM, Huawei sign MoU on long-term cooperation

Hungary's Innovation and Technology Ministry and Huawei Technologies Hungary signed a memorandum of understanding on long-term cooperation in Budapest on...

Construction

GVH launches wood market probe

Hungary's Competition Office (GVH) announced the launch of a probe to identify market trends behind a large-scale rise in the...

Pharma

Another 150,000 Pfizer jabs arrive

More than 150,000 doses of the COVID vaccine developed by Pfizer and BioNTech were delivered to Hungary during the week,...

Office Market

Colliers wins PM and FM mandate of Codic’s Green Court Office

As of September 2021, Colliers is responsible for the property and facility management services of Green Court Office, a new,...

Innovation

ITM: Empowering SMEs a key issue of innovation ecosystem

The empowerment of SMEs is a central issue in the Hungarian innovation ecosystem, and one of the key elements of...

Manufacturing

Lithuania industrial production increases in September

Lithuania's industrial production rose a working-day adjusted 19.6% year-on-year in September, figures from the Vilnius-based Statistics Lithuania (LS) showed 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...