Business

Transport

Ferenc Liszt Int’l passenger traffic up 625% y.o.y. in September

Ferenc Liszt International Airport registered some 639,051 passengers in September, up 625% year-on-year, according to a press release sent to...

Automotive

AutoWallis public offering starts 

A public offering of shares of listed car seller AutoWallis started on Monday with a price range of HUF 107-122,...

Innovation

NKFIH, ITM, Fin Min cooperating on R&D

The National Office for Research, Development, and Innovation (NKFIH), the Ministry of Innovation and Technology (ITM), and the Ministry of...

Retail

Poland September retail sales continue to advance

Retail sales in Poland jumped 11.1% year-on-year in September, following a 10.7% increase in the previous month, figures from the...

Manufacturing

Nitrogénművek, vendors fined HUF 14.1 bln for cartel activity

Hungary's Competition Office (GVH) on Friday said it fined members of Nitrogénművek, the country's sole producer of artificial fertilizer, a...

Automotive

Daimler starts serial production of fully-electric models in Hungary

German vehicle maker Daimler launched production of fully-electric cars at its plant in Kecskemét on Friday, according to a report...

Automotive

Hungarian Chief Engineer Driving Automotive Innovation Forward in Munich

While German automotive companies bring plenty of jobs and considerable investment into Hungary, some highly trained Hungarian professionals contribute significantly...

Interview

German Businesses Ready to Continue With Innovation-focused Investments in Hungary

With a global trend to shorten supply chains due to the pandemic, Hungary could become an ever more important investment...

Inside View

Too Much too Soon? Vast Changes to Allocation of Grid Connection Capacities

This spring, new, competitive capacity allocation principles were introduced in the Hungarian Electricity Act, followed by more detailed provisions in...

Manufacturing

Production at Airbus Helicopters plant to start in July 2022

Production at a plant Airbus Helicopters is building in Gyula (194 km southeast of Budapest) will start in July 2022,...

Deals

Venture capital, private equity transactions at HUF 19.8 bln in H1

Venture capital and private equity transactions in Hungary came to more than HUF 19.8 billion in the first half of...

Residential

Kassák Passage building structure completed

The structure of Kassák Passage, the second phase of Living’s Kassák project, and the continuation of the already completed Kassák...

Transport

Gov’t makes ‘good deal’ on airport purchase, Gulyás says

Hungary's government has reached a "good deal" for the purchase of Ferenc Liszt International Airport Budapest, Gergely Gulyás, the head...

Manufacturing

Poland industrial production, producer prices increase in September

Poland's industrial production went up 8.8% year-on-year in September, slowing from a 13.2% hike in the previous month, data from...

Automotive

Share Now debuts long-term carsharing in Hungary

Carsharing service Share Now is the first provider to make long-term carsharing available in Hungary, according to a press release...

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...