Business

Transport

Cornerstone laid for Budapest-Belgrade rail line upgrade

The cornerstone for the Budapest-Belgrade railway line upgrade was laid in Kiskunhalas on Friday, according to a report by state...

Transport

CER cargo holding plans BSE listing

Hungarian railway freight company CER Cargo Holding plans to list its shares on the Budapest Stock Exchange in the second...

Retail

Online Retailer eMAG Expects Strong Growth to Continue in 2021

Online retailer eMAG has opened its largest store to date in the recently inaugurated Etele Plaza shopping mall in Budapest....

Construction

HelloParks Starts Construction of Fót Megapark

HelloParks has celebrated placing the first column of its initial 45,000 sqm warehouse in Fót, close to Budapest. The development,...

Incubators

Fall semester of V4 Startup Force begins

In the fall semester of the Design Terminal's startup fellowship program, four teams have the opportunity to build business relationships...

Automotive

Acquisitions, organic growth lift AutoWallis sales in Q1-Q3

Acquisitions made last year, as well as organic growth, boosted listed car seller AutoWallis's sales in January-September this year, the...

Retail

AliExpress opens a logistics hub in Poland

AliExpress, a global e-commerce platform owned by the Alibaba Group, announced that the first independent logistics center in Poland has...

Interview

Award winning Hungarian startup Haris Digital targeted world’s largest market

Júlia Sohajda, one of the co-founders of the Vespucci Partners venture capital, and Péter Perecz, the co-founding executive of Haris...

Manufacturing

Romania industrial production remain stable in August

Romania's industrial production remained unchanged in August, data from the National Institute of Statistics (INS) showed on Wednesday....

Automotive

Chip shortage slows vehicle manufacturing output

The output of vehicle manufacturing, an engine of industrial growth under normal circumstances, fell 33.7% year-on-year in August as the...

Pharma

Hungary to get Sputnik tech by year-end

Hungary will get the technology necessary for making Russia's Sputnik V COVID jab at the national vaccine plant it is...

Automotive

Most Hungarians only look at Highway Code as guideline

Hungarians consider the country's traffic culture to be immature, in most of the cases explaining the high number of accidents...

Pharma

Another 150,000 Pfizer vaccines delivered to Hungary

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

Appointments

New CEO announced at Codic Hungary

Kornél Kalapács will take up the position of CEO at Codic Hungary in mid-October this year, the company announced....

Office Market

Atenor’s Hungarian portfolio now exceeds 350,000 sqm

The Belgian developer Atenor's Hungarian portfolio now exceeds 350,000 sqm, making up a considerable share of the company's total of...

Industrial

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

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....

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

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...