Business

Interview

From Soviet Tank Base to Lithium-ion Battery Factory

Anyone heading west on Route 1 from the Danube town of Komárom in 1989 would have passed a large Soviet...

Logistics

Sustainability Accreditation Becoming the Norm for Logistics Space

Logistical/industrial park developers and operators are creating more sustainability accredited and highly specified projects in response to changing tenant demands...

Interview

South Korea Looking to Next Generation Investments in Hungary

With diplomatic ties established in 1989, investments by the Republic of Korea (RoK) in the Hungarian economy grew to EUR...

Logistics

Unprecedented Industrial and Logistical Demand Growing

Many analysts see the industrial and logistics market in Hungary as the sector in the most favorable post-pandemic position; the...

Logistics

Logistics Assets: Winners of the Pandemic

Real estate investment funds are usually associated with office buildings, although it has recently become clear that it is not...

Transport

Volánbusz to buy new gas-powered buses

State-owned bus company Volánbusz on Friday said it called public procurement tenders to purchase 164 new buses powered by compressed...

Construction

Construction output volume up 27.8% y.o.y. in June

The volume of construction output in June 2021, based on raw data, surpassed the previous year’s level by 27.8%, according...

Pharma

Another 214,000 Pfizer jabs delivered to Hungary

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

Residential

Average home insurance premiums rising

Average home insurance premiums are rising slowly but steadily due to the steep rise in real estate reconstruction costs, Anett...

Automotive

Tire sales in Hungary up 14.5% in H1

Hungary's passenger car tire market grew by 14.5% year-on-year in the first half of 2021, Continental Hungária said on Thursday,...

Retail

Bulgaria retail trade growth continues to ease in June

Retail sales in Bulgaria rose 22.7% year-on-year in June, easing from a 23.9% increase in the previous month, the National...

Transport

Weekend lorry ban to be lifted at night on August 20 weekend

Hungary will lift a ban on lorries from its roads over the August 20 long weekend to ensure that shelves...

Logistics

FoxPost moves into Helloparks megapark in Maglód

FoxPost has moved into the first completed unit of HelloParks industrial and logistics megapark located in Maglód, next to Budapest,...

Transport

Budapest Airport registers more than 500,000 passengers in July

The second quarter began at Budapest Airport with a significant increase in passenger traffic; Ferenc Liszt International Airport handled 538,074...

Manufacturing

Slovakia industrial production grows a slower pace in June

Slovakia's industrial production grew a working-day adjusted 13.7% year-on-year in June, following a 36.7% jump in May, figures from the...

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...