Business

Ecosystem

Vespucci Partners succeeded in transforming Hungarian startups into world leaders

Two startups within the portfolio of Hungarian venture capital fund Vespucci Partners achieved enormous success....

Logistics

GLP leases 43,000 sqm at Sziget Logistics Center

GLP has leased a 43,000 sqm unit at Sziget Logistics Center to Fiege Group, a leading European logistics company that...

Residential

Duna Pearl residential complex reaches highest point

Duna Pearl, a new residential complex which is being built right next to the Danube bank in Budapest's District XIII,...

Interview

Breast cancer screening at Dr. Rose Private Hospital

In Hungary, breast cancer is one of the most common cancers in women, and the most important tool in the...

Retail

Spar opens, renovates stores for HUF 1.9 bln 

Supermarket chain Spar has invested more than HUF 1.9 billion to open new stores in Budapest and Sopron (210 km...

Telco

NMHH approves radio frequency tenders

The Media Council of the National Media and Communications Authority (NMHH) approved the tender drafts for the 96.4 MHz Budapest...

Manufacturing

Lego to spend HUF 53 bln on expansion in Hungary

Denmark's Lego will spend HUF 53 billion to expand its manufacturing base in Nyíregyháza (about 207 km east of Budapest),...

Interview

A.I.: a Deceptive aid set to Send Shockwaves Through the Lawyer’s World

Péter Lakatos, managing partner at Lakatos, Köves and Partners, outlines lawyers’ concerns in the Brave New World of artificial intelligence....

Inside View

When Will the Wave of Non-performing Loan Deals Hit?

In the Academy Award-winning Hollywood movie “The Big Short,” the eccentric physi-cist and hedge fund manager Dr. Michael Burry (Christian...

HR

2021: Year of Revival at Bán, S. Szabó, Rausch & Partners

The years 2020 and 2021 will long be remembered by all for well-known and sad reasons. My aim is that...

Inside View

Here Comes the 3rd Metár Tender: What Investors Need to Know

The Hungarian Energy and Public Utility Regulatory Authority (MEKH) has announced the third METÁR tender to encourage green investments in...

Inside View

The Labyrinth of FDI Screening

As the global economy develops, FDI screening rules are having a renaissance worldwide. COVID-19 even helped evolve the sophistication of...

Automotive

Recovery of used car market continues in May

A total of 323,000 used cars were sold in Hungary in January-May 2021, which is just 1% below the number...

Deals

Lead Ventures signs strategic coop deal with Plug and Play

Lead Ventures enters into cooperation with U.S.-based Plug and Play, which created the world’s largest corporate innovation and acceleration platform,...

Innovation

Hungary moves up 5 spots in IMD competitiveness ranking

Hungary has moved up five spots to 42nd place in this year's IMD World Competitiveness Ranking, according to state news...

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...