Business

Retail

Serbia’s retail sales rise in August

Serbia's retail sales increased by a real 7.7% year-on-year in August, after posting an 11.1% annual rise in the previous...

Retail

Estonia retail sales increase in August

Estonia retail sales rose in August, data from Tallinn-based Statistics Estonia (SE) showed on Thursday. Retail sales, excluding motor vehicles...

Deals

4iG closes acquisition of Invitech

Listed IT company 4iG on Thursday said it closed the acquisition of peer Invitech after the transaction was cleared by...

Transport

Szijjártó outlines priorities for rail sector

Minister of Foreign Affairs and Trade Péter Szijjártó said Hungary's railway industry should take advantage of growing cargo volume between...

Appointments

New CEO to lead  Heineken Hungária  

Nikos Zois is set to succeed Geert Swaanenburg in the position of CEO at Heineken Hungária on October 1....

Manufacturing

Noodle maker Gyermelyi marks 50 years in business

Hungarian noodle maker Gyermelyi, which turns out enough product to fully meet domestic demand, marked its 50th anniversary at a...

Deals

BUD, Wolt join forces to enable pre-orders at the airport’s restaurants

Budapest Airport is expanding its offer with a new service: it is the first in Europe to partner with Wolt,...

Retail

Lithuania retail sales growth eases in August

Lithuania's retail sales increased at a softer pace in August, figures from the Vilnius-based Statistics Lithuania (LS) showed on Tuesday....

Automotive

AutoWallis targets annual revenue of up to HUF 433 bln

Listed Hungarian car seller AutoWallis said it targets annual revenue of HUF 400 billion-433 bln in 2025 in an updated...

Incubators

UNIQA Ventures doubles investment capital to back CEE startups

Vienna-based UNIQA Ventures, the venture capital company of Austrian insurance group UNIQA, said that it is doubling its investment volume...

Automotive

Hungary 3rd hardest country in world to get driving license in

According to research by online drivers ed company Zutobi, Hungary is the third hardest country in the world to get...

Pharma

Another 420,000 Pfizer jabs delivered to Hungary

More than 420,000 doses of the COVID vaccine developed by Pfizer and BioNTech were delivered to Hungary during the week,...

Manufacturing

Bosnia industrial output growth slows in August

Industrial production in Bosnia and Herzegovina rose 9.1 year-on-year in August, slowing from a 10.5% advance in the previous month,...

New Projects

BAT Hungary starts partnership program to support environmental efforts

BAT Hungary announced the launch of a new partnership program called "Be a Supplier", with a focus on innovative solutions...

Retail

65% of Romanians check reviews and articles before buying online

During last year, the volume of online shopping in Romania has increased significantly, namely by 30% according to RAOS (the...

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...