Business

Office Market

3 Infopark buildings owned by Wing get BREEAM certification

Infopark buildings B, C and I, all owned by Wing, received BREEAM-In-Use "Very Good" sustainability certification, according to a press...

Retail

Bicycle sales could rise 10-15% this year

Bicycle sales in Hungary could rise 10-15% this year, the head of bicycle makers and sellers association MKKSZ said in...

HR

Teachers’ unions demand higher wages

Hungarian teachers' unions PSZ and PDSZ issued demands for higher wages and a reduced workload for all those working in...

Residential

Around 74,000 Hungarians plan home purchases

About 74,000 Hungarians have firm plans to purchase or build a home in the coming year, news agency MTI reports,...

Retail

Retail sales up 4.1% y.o.y. in August

In August 2021, the volume of sales in retail trade increased by 4.6% according to raw data and by 4.1%...

Office Market

S IMMO looking to expand Hungarian portfolio

Property investment company S IMMO, celebrating its 20th anniversary in Hungary this year, is looking to grow its portfolio in...

Manufacturing

Latvia industrial production down in August

Latvia's industrial production decreased in August, data from the Riga-based Central Statistical Bureau (CSB) showed on Monday. Industrial production declined...

Innovation

Hungarian R&D spending to reach 3% of GDP by 2030

The Hungarian government is supporting R&D activities with several measures, the main goal of which is to reach 3% of...

Retail

Spar launches HUF 1.7 bln local supplier program

Supermarket chain Spar on Tuesday announced the launch of a HUF 1.7 billion program to put the products of small,...

Manufacturing

Poland manufacturing growth slowest since February

Poland's manufacturing sector growth eased for the third month in a row in September, survey data from IHS Markit showed...

Pharma

Another 150,000 Pfizer jabs delivered to Hungary

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

Office Market

Millennium Gardens receives accessibility certification

Millennium Gardens, developed by TriGranit, has received the Access4you Gold certification based on the project’s construction plans, according to a...

Appointments

Shell Hungary announces formation of leadership team

Shell Hungary has announced the formation of a new leadership team. The appointment of the new directors and managers is...

Manufacturing

Czech manufacturing growth slows in September

The Czech Republic's manufacturing sector growth eased in September, survey data from IHS Markit showed on Friday....

Deals

Erste Bank Hungary partners with Deutsche Leasing Hungaria

Erste Bank Hungary has signed an agreement with Deutsche Leasing Hungaria to cooperate on serving clients, Erste Bank Hungary chairman-CEO...

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...

Transport

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...

Automotive

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,...

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...

Transport

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...

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....

Retail

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...

Pharma

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...

Interview

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...

Pharma

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...

Construction

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...

HR

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...