Business

Transport

Wizz Air to hire another 4,600 pilots by 2030

Hungary's Wizz Air plans to add 4,600 pilots to its staff by 2030 and has already started recruiting, the low-fare...

Appointments

Dentons Budapest appoints business development director

From August 1, 2021, Nóra Guba has joined Dentons Budapest as its new director of business development, PR, and digital....

Office Market

Investment Rebound Expected This Year

With a substantial amount of capital looking for a home, investors are certainly considering Hungary; it is seen as an...

Industrial

Industrial sector output rose 22% y.o.y. in June

Output of Hungary's industrial sector rose 22% year-on-year in June, albeit from a low base, the Central Statistical Office (KSH)...

Competition

GVH bans promotion of BrightWhite teeth whiteners

The Hungarian Competition Authority (GVH) banned the advertising of the BrightWhite home teeth whitening kit after its distributors continued to...

Innovation

SMEs lagging behind in innovation

There are a minority of companies in Hungary that have launched a new product in the recent period, according to...

Construction

Newly built real estate market recovered

After last year's low point, the newly built real estate market has recovered, according to OTP Ingatlanpont, writes gazdasagportal.hu....

Construction

Gov’t probe reveals price increases at building materials sellers

A targeted probe has revealed price increases at 76% of building materials sellers, according to state secretary Tamás Schanda, reports...

Transport

BKK removing 1/5 of ticket vending machines

The Budapest Transport Center (BKK) announced that almost one in five public transport ticket machines will be removed the capital...

HR

Nearly 30,000 students participating in summer work program

Nearly 30,000 students are participating in a state-supported program that places them in temporary summer jobs, State Secretary for Employment...

Pharma

Richter earnings exceed expectations

Listed pharmaceutical Gedeon Richter beats analyst expectations on ample second-quarter revenue and earnings, according to business daily Világgazdaság....

Industrial

Industrial producer prices rose 11.6% year-on-year in June

Industrial producer prices in Hungary rose 11.6% year-on-year in June, picking up from the previous month to reach the highest...

Innovation

COVID increases demand for IT professionals

While the demand for IT professionals has increased, the proliferation of home office work during the pandemic has also broken...

Deals

Graphisoft to merge with Data Design System

Graphisoft, the global leader in Building Information Modeling (BIM) software solutions for architecture, announced a merge with Data Design System...

Deals

Unions want annual wage talks with employers

Hungarian unions want to start annual talks with employers and the government on next year's minimum wage rise by mid-September,...

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...

Transport

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...

Automotive

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,...

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...

Transport

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...

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....

Retail

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...

Pharma

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...

Interview

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...

Pharma

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...

Construction

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...

HR

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...