Business

Transport

Domestic transport development focusing on railways

In the next 10-15 years, in line with the EU's goals, the railway will be the focus of domestic transport...

Retail

Back to school sees laptop purchases rise

The number of laptop purchases has risen with the new school year: notebook.hu informed business daily Világgazdaság that between August...

Innovation

Cloud adoption on the right track in Hungary

The growing need for cost-efficiency, sustainability, and resilience, as well as the increasing number of shared services and outsourcing, all...

Sustainability

CPI Hungary announces switch to green energy from 2022

From 2022, CPI Hungary will supply the electricity needed to run its property portfolio exclusively from renewable sources, enabling tenants...

Retail

Bulgaria’s retail sales rise, industrial output up in July

Bulgaria's retail sales increased by 20.2% year-on-year in July, after rising 22.7% in the previous month, the National Statistical Institute...

Incubators

ESA, Design Terminal launch space industry startup incubator

The European Space Agency (ESA) and Design Terminal announced the launch of the ESA BIC Hungary program, offering mentoring and...

Manufacturing

Slovakia industrial production growth slows in July

Slovakia's industrial production advanced a working day adjusted 7.8% year-on-year in July, easing from a 13.8% rise in June, the...

Construction

Houses could remain unfinished due to material costs

There has been a drastic rise in the price of building materials over the past year, but the phenomenon is...

Deals

4iG to acquire Invitech

Listed Hungarian IT company 4iG on Monday said it signed an agreement to acquire 100% of the shares of Invitech...

Manufacturing

Czech book market struggling with paper shortage

Publishing houses in the Czech Republic are struggling with a shortage of paper and cardboard, which, in some cases, forces...

Construction

Almost 3/4 of construction companies project higher revenue

Around 74% of Hungarian construction companies expect their net turnover to climb this year, a survey by industry association ÉVOSZ...

Office Market

Wing announces new office development HOP Passage

Wing, one of the largest real estate companies in Hungary, is launching a new office development: HOP Passage will be...

Residential

Listing prices for resale homes in central Budapest climb 6%

Listing prices for resale homes in the inner districts of the Pest side of the capital increased around 6pc in...

Residential

Fewer people moved residences during pandemic

The direction and extent of the domestic population movement, which was considered more or less constant for some time, changed...

Pharma

Hungary signs MoU on local Sinopharm vaccine production

Hungary has signed a memorandum of understanding on the local production of a COVID vaccine developed by China's Sinopharm, state...

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...