Business

Deals

Seyu, Blue United Corporation announce collaboration

Seyu and Blue United Corporation announced the start of the collaboration between both organizations, with Blue United becoming Seyu’s official...

Transport

HUF 1 bln for EV tender exhausted in single day

The initial HUF 1 billion allocation for electric car subsidies announced by the Ministry for Innovation and Technology was exhausted...

Retail

GVH fines webshop operator HUF 100 mln

Hungary's economic competition office GVH on Wednesday said it fined Slovenian webshop operator Mi Sport HUF 100 million for exploiting...

Construction

Construction costs could rise by 5-9% in H2 – survey

Construction costs could rise by 5-9% nationally but by even more than 10% in Budapest in the second half of...

Transport

Volánbusz takes delivery of first electric bus from BYD

State-owned bus company Volánbusz on Tuesday took delivery of its first fully electric, self-owned bus, manufactured by the European unit...

Residential

Real estate market activity strong in May

Estimates by real estate broker Duna House show the strongest May real estate market activity in years, with a 5%...

Telco

71% of households have landline internet connection

Some 71% of Hungarian households have a landline internet connection, but 1.5 million Hungarians do not use the internet at...

Construction

Construction output volume down 7.2% y.o.y. in April

The volume of construction output in April 2021, based on raw data, was below the previous year’s level by 7.2%,...

Transport

Budapest Airport registers 88,827 passengers in May

Some 88,827 passengers traveled through Budapest Airport in May, which is nearly four times the greatly reduced traffic registered in...

Innovation

1st domestic smart grid facility test successful

The smart grid facility test of the CPI's Balance Hall office building was successful, according to a press release sent...

Innovation

Simpler smart solutions can create greener Hungarian cities

Just by streamlining some of their practices cities can make significant ecological and financial progress – writes Exagent’s CEO, Botond...

Retail

Bulgaria retail sales increases in April 

Bulgaria's retail sales at constant prices increased by 25.9% on the year in April, due to low base effects from...

Retail

Vivre becomes a member Ecommerce Hungary

Vivre, one of the largest online home furnishings stores in the CEE region, has joined the Ecommerce Hungary association to...

HR

Reopening drives demand for student work

Besides seasonal jobs, re-opening catering and accommodation establishments, events and commercial companies will also need a considerable amount of additional...

Industrial

Panattoni Enters Hungarian Logistics, Industrial Park Market

Panattoni, one of the largest regional and European logistics and industrial park developers, which has had a significant presence in...

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...