Business

Manufacturing

Polish industrial production slows in June

Poland's industrial production grew 18.4% annually in June, following 29.8% increase in the previous month, data from the Central Statistical...

Construction

GKI: Construction producer outlook fell in June

The outlook for construction producers deteriorated markedly after two months of stagnation in July, according to the analysis of GKI...

Pharma

Another 260,000 doses of Pfizer COVID vaccine delivered

Another 260,000 doses of the COVID vaccine developed by Pfizer and BioNTech have arrived in Hungary this week, the local...

Sustainability

Codic aiming for accessibility with ongoing projects in Budapest

Brussels-based Codic Group's Hungarian subsidiary is aiming to achieve Access4you Design & Building Gold certification to provide a barrier-free environment...

Transport

Record cargo traffic at Budapest Airport in H1 2021

Budapest Airport handled some 86,798 tons of air cargo during the first half of 2021, which is the strongest result...

Pharma

EC approves commercialization of Richter’s uterine fibrosis drug

Gedeon Richter Plc. announced that the European Commission (EC) has granted approval for the marketing authorization of RYEQO a novel...

Transport

Volánbusz to take delivery of over 500 buses

State-owned bus company Volánbusz on Tuesday said it will take delivery of 503 buses in a HUF 32.9 billion order...

Logistics

Magyar Posta launches construction of HUF 1.7 bln logistics base

Magyar Posta on Monday said it laid the cornerstone of a HUF 1.7 billion logistics base in the Miskolc-Alsózsolca industrial...

Manufacturing

Hungary produced more than 150,000 bicycles in 2020

Hungary produced a total of 151,788 bicycles in 2020, up from 128,924 a year before, according to data by statistical...

Retail

IMMOFINANZ adds Italy as new market to STOP SHOP portfolio

IMMOFINANZ is continuing the expansion of its STOP SHOP retail park brand by entering a new market in Western Europe...

Automotive

Czech Republic in talks with potential battery cell factory investors

The Czech Republic is in talks with two potential investors, including Volkswagen, for an electric battery cell factory and is...

Pharma

Innomed inaugurates HUF 1.6 bln production hall

Hungary's Innomed Medical, which makes defibrillators, ECGs and radiology equipment, inaugurated a HUF 1.6 billion production hall in Esztergom (45...

Deals

Special Effects acquires premium catering company

Event production company Special Effects has announced the acquisition of Terra Catering today....

Telco

Data usage spiked during Hungarian EURO 2020 matches at Telenor

The interest in the Hungarian national team's matches at the recently concluded European Football Championship is shown by the striking...

Interview

Manager screenings – not just for managers

Manager screening was first recommended by multinational companies to their senior employees to ensure the health of workers exposed 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...