Business

Interview

Wizz Air Eyes Markets Even Further Afield

With airlines globally eager to rebuild their markets post-COVID, how does Hungary’s low-cost champion see the future? The Budapest Business...

Manufacturing

Diversification key to Jász-Plasztik’s Success

Combining the agility of a family-run company with the leverage of a large corporation, Jász-Plasztik Kft. is present in many...

Interview

Graphisoft: Budapest-based Company Continues to Innovate

Graphisoft has long been an internationally recognized architectural software company and continues to follow its road to success. The Budapest...

Interview

Building on the Soundest of Foundations

Integrated building services company DVM group is inextricably linked with its late founder, Attila Kovács, whose sudden death this February...

Transport

Budapest Airport supports local primary school, park renovation

Continuing the window insulation program started several years ago, the airport operator has decided to offer, as of this year,...

Transport

Budapest-Balaton cycle path to be ready by next summer

A cycle path connecting Budapest with Lake Balaton will be completed, with the exception of a few short stretches, by...

Retail

Lithuania retail sales growth slows in June

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

Residential

Platán Garden reaches its highest point

Platán Garden, developed and built by the Bayer Construct Group in Balatonboglár, has reached its highest point, according to a...

HR

Polish companies do not intend to continue remote work model – study

A report by ManpowerGroup shows that Polish companies do not intend to continue the remote working model, news agency PAP...

Construction

Competition Office expedites brick market probe

Hungary's Competition Office (GVH) on Thursday said it is accelerating a probe of the brick market, utilizing expanded powers from...

Deals

FrieslandCampina Hungária supports work of Interchurch Aid with HUF 20 mln

FrieslandCampina Hungária and the Hungarian Interchurch Aid have announced a four-year strategic partnership agreement. The manufacturer of Pöttyös Túró Rudi...

Deals

MOL shares transferred to MOL New Europe Foundation

Hungarian oil and gas company MOL and the state of Hungary have transferred a combined 10.4% of MOL shares to...

Construction

Dwelling construction up 13% y.o.y. in H1

In the first half of 2021, some 9,785 new dwellings were built in Hungary, about 13% more than in H1...

Residential

Home affordability average for region

Hungarians need to work 8.4 years, on average, to buy a new 70 sqm home, according to an annual market...

Innovation

Hungarian companies lack websites

About 63% of Hungarian companies have home pages, well under the 77% average for the whole European Union, according to...

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...