Business

Construction

Croatia’s construction output up in June

Croatia's construction output grew by 11.3% year-on-year in June, following a 15.9% annual increase in the previous month, the Croatian...

Innovation

Bodri Winery develops grape disease forecasting system

Bodri Winery has developed a grape disease forecasting and decision support IT system in a HUF 343 million project, the...

Telco

ÁSZ: Broader internet access improved digital education

The prevalence of broadband internet access has improved the conditions for digital education, but no significant strengthening of teachers' digital...

Residential

Duna House Q2 earnings rose 19% y.o.y.

Second-quarter consolidated net income of listed real estate broker Duna House rose 19% year-on-year to HUF 275 million as revenue...

Automotive

Daimler to shut down production at Hungary plant next week

German carmaker Daimler on Friday said it plans to shut down production at several Mercedes-Benz plants next week including the...

Telco

Number of fixed broadband internet subscribers rising

The number of fixed broadband Internet subscribers is steadily increasing, reaching 3.258 million in June, according to an estimate published...

Telco

Vodafone extends 5G network to Balatonfüred

The expansion of Vodafone's 5G network continues: after Budapest, Zalaegerszeg, Siófok, Székesfehérvár, and Miskolc, the operator's customers can enjoy the...

Innovation

Innovative technology enables cheering for Paralympians from home

A unique digital solution allows fans to cheer for the para-athletes directly at Tokyo 2020 Paralympic Games, according to a...

Automotive

How responsible are Hungarian drivers?

Drunk driving, sudden braking, and going through the red light are the three main offenses that Hungarian drivers consider to...

Deals

4iG to acquire control of Antenna Hungária

Listed IT company 4iG on Wednesday said it reached a preliminary agreement to acquire a majority stake in state-owned telecommunications...

Incubators

MKB Bank launches ‘Fintech Factory’

A startup incubation program called "Fintech Factory" has been launched, in which MKB Bank will invest HUF 342 million in...

Pharma

Another 214,000 Pfizer jabs arrived in Hungary

Another 214,000 doses of the COVID vaccine developed by Pfizer and BioNTech have arrived in Hungary, the local unit of...

Innovation

Cybersecurity strategies must adapt to teleworking

By the end of the year, almost a third of employees globally will be teleworking, and this proportion is not...

Competition

HIPA, Design Terminal looking for startups with innovative automotive solutions

Leading players in the automotive industry are looking for innovative solutions to real challenges at the HIPA and Design Terminal...

Manufacturing

Lithuania industrial production rises in July

Lithuania's industrial production rose a working-day adjusted 15.0% year-on-year in July, figures from Statistics Lithuania (LS) showed on Monday. Manufacturing...

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...