Business

Automotive

Audi Hungária marks Technical Development unit anniversary

Audi Hungária celebrated the 20th anniversary of its Technical Development unit in Győr this week, according to a report by...

Manufacturing

 Rheinmetall, Hungary JV top out Lynx combat vehicle plant

A joint venture of German defense industry supplier Rheinmetall and the state of Hungary topped out a HUF 60 billion...

Retail

Retail lending stock climbs close to 16% in Q2

Hungarian banks' retail lending stock increased 15.8% in the 12 months to the end of June, growing HUF 424 billion...

Transport

E-toll payment system to go offline early Sunday

Hungary's national electronic toll payment system will go offline for an upgrade between 1:00 and 4:00 in the morning on...

Office Market

ConvergenCE sells Árpád Center

ConvergenCE closed the sale of Árpád Center, a popular office building at the junction of Árpád híd and Váci út,...

Innovation

Mathematical modeling teams in Budapest have an impact on global markets

In mathematics, research does not always immediately yield tangible results; in many cases, it might take several years for a...

Transport

Wizz Air expands Debrecen timetable

Hungarian low-fare carrier Wizz Air will launch new flights and restart others at Debrecen International Airport, a company official said...

Innovation

Cyberg planning capital raise

Digital platform developer and fintech solutions provider Cyberg announced plans to raise capital to assist with rapid market expansion....

Deals

EMH acquires LIFE Egészségcentrum

Első Magánegészségügyi Hálózat (EMH), a joint venture of private healthcare provider Doktor24 Medicina and UNION Vienna Insurance Group, has acquired...

Retail

Czech retail sales growth eases in July

The Czech retail sales increased at a softer pace in July, data from the Prague-based Czech Statistical Office (CZSO) showed...

Science

Slight decrease of COVID in wastewater

There has been a slight decrease in the concentration of coronavirus in wastewater, the National Center for Public Health (NNK)...

Innovation

OXO shares to trade from Thursday

Shares of OXO Technologies Holding will trade on the Budapest Stock Exchange from Thursday, September 9, news agency MTI reports,...

Manufacturing

Czech industrial production growth slows in July

The Czech Republic's industrial production rose a working-day adjusted 7% year-on-year in July, after a 11.1% growth in June, data...

Retail

Gap announces 1st Hungarian store in Etele Plaza

American casual clothing and accessories brand Gap announced its entry into the Hungarian market through a franchise partnership with Ganeta...

Innovation

Zsolaka develops system to gauge tire wear

Industrial tire seller Zsolaka has launched a HUF 150 million-160 mln project to develop a system for gauging solid tire...

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...