Business

Pharma

Another 250,000 Pfizer jabs delivered to Hungary

More than 250,000 doses of the COVID vaccine developed by Pfizer and BioNTech were delivered to Hungary during the week,...

Manufacturing

Industrial production up 8% y.o.y. in July

In July 2021, the volume of industrial production grew by 8% compared to July 2020, according to data by the...

Retail

Romania retail sales eases in July

Romania retail sales grew at a softer pace in July, figures from the Bucharest-based National Institute of Statistics (INS) showed...

Office Market

Premium restaurant and canteen to be opened in H2Offices

Restaurant service provider Kantin is the first tenant announced at Skanska's latest office development project H2Offices....

Retail

Slovakia retail sales growth eases, jobless rate falls

Slovakia's retail sales increased 1.5% year-on-year in July, after a 6.6% rise in June, figures from the Slovak Statistical Office...

Manufacturing

Masterplast upgrades guidance

Listed Hungarian building materials maker Masterplast on Tuesday upgraded guidance for 2021 amid "outstanding growth" in demand....

Construction

Building materials price inflation eases 

The price of building materials, such as wood and steel, has fallen 10-15% as local businesses have sought alternative suppliers,...

Manufacturing

Croatia industrial output growth slows in July

Industrial production in Croatia rose 3.9% year-on-year in July, easing from a downwardly revised 8.2% gain in the previous month,...

Retail

Bosnia retail trade jumps in July

Retail sales in Bosnia and Herzegovina increased 28.4% year-on-year in July, higher than a 13.5% rise in the previous month...

Manufacturing

Estonia industrial production rises in July

Estonia's industrial production rose a working-day adjusted 10% year-on-year in July, data from Statistics Estonia (SE) showed on Thursday....

Pharma

Hungary lays cornerstone of nat’l vaccine plant

Central government and local officials laid the cornerstone of the National Vaccine Plant in Debrecen on Sunday, according to a...

Deals

CFI merges with BDO

CFI Hungary Zrt., a corporate financial consulting company, has joined BDO Hungary, which provides accounting, auditing, and consulting services, according...

Deals

Indotek starts talks for Auchan minority stake

Hungary's Indotek Group has started exclusive talks with ELO, the holding company of France's Auchan, on strengthening cooperation, possibly through...

Retail

Lidl launches trademark for locally made products

Discount supermarket chain operator Lidl Hungary launched its trademark for locally made products on September 1, the company said, according...

Automotive

AutoWallis H1 revenue climbs 156%

Organic growth and acquisitions lifted first-half revenue of listed car seller AutoWallis 156% to HUF 97.7 billion from the same...

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...