Business

Retail

Polish retail sales accelerate in August

Poland's retail grew 5.4% year-on-year in August, following a 0.5% rise in the same month last year, figures from Warsaw-based...

Manufacturing

Continental Dohányipari undertakes HUF 10 bln expansion

Hungarian-owned tobacco company Continental Dohányipari said it is investing close to HUF 10 billion at its base in Sátoraljaújhely (219...

Appointments

New managing director at the helm of Wolt Hungary

Wolt Hungary has made a management change: as of mid-September, László Sabjányi will be the company's managing director, while his...

Innovation

Hungary moves up a spot in global innovation ranking

Hungary has moved up one spot to 34th place in the latest annual Global Innovation Index (GII) of the World...

Retail

Over half of Bulgarians never do shopping online

Nearly 56% of Bulgarians never shop online, according to a nationally representative poll conducted by the Trend agency between July...

Residential

Home rental rates in Hungary rise 3.7% y.o.y. in August

Home rental rates in Hungary rose 3.7% year-on-year in August, climbing for the third month in a row after falling...

Innovation

Knorr-Bremse inaugurates HUF 2.5 bln service center

Knorr-Bremse Rail Systems Budapest inaugurated its new service center with a floor size of 4,500 sqm yesterday, according to a...

Automotive

Gas stations must indicate fuel efficiency

From the end of September, every gas station must indicate how much it will cost to travel 100 kilometers on...

Manufacturing

Poland industrial production, producer prices increase in August

Poland's industrial production grew 13.2% annually in August, following a 9.8% increase in the previous month, data from the Central...

Residential

Cordia completes its tallest residential building so far

Hungary-based developer Cordia has completed its highest residential building so far, the 54.5 m high Horyzont Praga in Warsaw, according...

Appointments

Martina Cifer joins Avison Young Hungary

Brokerage firm Avison Young announced a key change to its directors’ team in Budapest with the arrival of Martina Cifer...

Deals

Budapest court dismisses VIG appeal of acquisition veto

Austria's Vienna Insurance Group (VIG) on Tuesday said the Budapest Metropolitan Court dismissed its appeal against the Hungarian Interior Ministry's...

Telco

Vodafone Magyarország to swap out fleet for green vehicles

Vodafone Magyarország is starting to swap out its fleet of more than 400 cars for green vehicles, the company told...

Interview

Three Hangodys at Dr. Rose

Prof. Dr. László Hangody’s own father was a general surgeon, and now two of Prof. Hangody’s three sons - Dr....

HR

Number of listings for skilled, unskilled laborers climbs

The number of listings for positions for skilled and unskilled laborers has increased 61% this year, state news wire MTI...

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...