Business

Residential

Home prices falling in Budapest, rising in rural areas

Data from listings site ingatlan.com show 80% of owners who changed the price while selling their home in Budapest reduced...

HR

1/3 of Hungarians work during holiday

One-third of Hungarian employees work occasionally and 9% regularly during their holidays, jobs portal profession.hu said, based on a representative...

Construction

GVH runs 4 parallel investigations in the construction market

Hungary's competition office GHV said on Wednesday that it is running four investigations in parallel in the construction market as...

HR

Labor shortage holding back e-commerce

Labor shortages are holding back e-commerce, with many online shops having to stop advertising online because they cannot cope with...

Transport

E-motorcycles can now get green license plates

From August 11, fully electric motorcycles are now eligible to get green license plates, which confer several benefits and tax...

Office Market

Graphisoft Park H1 profit climbs to EUR 2.4 mln

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 14.5% year-on-year...

Telco

Magyar Telekom Q2 net income climbs to HUF 13.5 bln

Magyar Telekom had a second-quarter net income of HUF 13.5 bln, up from HUF 10.5 bln in the base period,...

Residential

Mortgage loan outlays could reach HUF 1-1.2 tln in 2021

Mortgage loan outlays in Hungary could reach HUF 1-1.2 trillion this year, according to listed real estate broker Duna House,...

Retail

Euronics revenue climbs 20% in H1

Revenue of Hungarian-owned electronics retailer Euronics rose 20% to close to HUF 36 billion in the first half of 2021...

Inside View

21st Century Land Registry to Benefit Logistics

A significant barrier to the new supply of prime logistic spaces is that the permitting and entitlement processes are more...

Office Market

1st Laborpont opens in Szervita Square Building

Szervita Square Building will house the first Laborpont medical outpatient care and laboratory diagnostics center in Budapest from October 2021...

Transport

Waberer’s books Q2 income over EUR 6 mln as turnaround continues

Listed Hungarian haulage company Waberer's had second-quarter recurring net income of EUR 6.1 million improving from a HUF 11.5 mln...

Interview

When to see a psychiatrist?

More and more people are interested in topics that start with ’psych-’, but sometimes people confuse what a psychiatrist does,...

Retail

Czech retail sales growth eases in June

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

Residential

Home prices rise 5.8% in Q1

Home prices in Hungary rose 5.8% quarter-on-quarter in Q1 as the number of transactions picked up, according to a report...

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...