Business

Deals

Opus Global closes Titász acquisition

Listed holding company Opus Global on Tuesday said its unit Opus Energy completed the acquisition of 100% of the shares...

Automotive

Suzuki shuttering production for 2 weeks

The Suzuki plant in Esztergom (45 km northeast of Budapest) will shut down for two weeks from September 6-18 due...

Pharma

Another 250,000 Pfizer jabs delivered

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

HR

Labor shortages return in several areas – WHC Group

The economic recovery following the virus crisis is clearly visible in the labor market: according to the latest figures of...

Retail

Lithuania retail sales growth eases in July

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

Residential

Pandemic boosts sales of summer homes in Hungary

Sales of summer homes in Hungary rose 20-25% to around 7,000 last year, broker Otthon Centrum said on Monday, according...

Retail

Latvia retail sales increase in July

Latvia's retail sales increased in July, figures from the Riga-based Central Statistical Bureau (CSB) showed on Friday....

Science

Medical Chamber sets 4 points to curb 4th wave

The Hungarian Medical Chamber (MOK) has suggested four proposals so that the fourth wave of the coronavirus epidemic will not...

Transport

Germany’s FlixMobility opens hub in Sofia

German mobility services provider FlixMobility, operating in Bulgaria via its FlixBus brand, has opened its first FlixBus expert center in...

Construction

GVH urges capacity incentives after brick market probe

Hungary's Competition Office (GVH) on Monday said it saw no reason to launch an oversight procedure following a probe of...

Automotive

Hungary’s biggest gokart track inaugurated 

The Drégely regional recreational association inaugurated a 1.2 km gokart track, Hungary's longest, on the outskirts of Balassagyarmat (about 67...

Sustainability

Sustainability is the central theme of Allee Shopping Center’s renovation

The visitors want more sustainable and greener shopping center, and they expect concrete, tangible measures instead of promises; by now...

Automotive

AutoWallis subsidiary establishing base next to Ferenc Liszt Int’l

A technical base is being developed near Budapest Ferenc Liszt International Airport by AutoWallis Group member Wallis Autókölcsönző, representing the...

Transport

Embraer opens office in Budapest

Brazilian aircraft manufacturer Embraer opened an office in Budapest on Friday, according to a report by state news wire MTI....

Residential

Residential rents growing steadily nationwide

After the low point in January, the good news for landlords is that residential rents have been growing steadily for...

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...