Business

Residential

Home sales jump 69% in May

Home sales in Hungary rose 69% year-on-year to 14,198 in May, news wire MTI reports, citing an estimate by listed...

Appointments

Deloitte Hungary announces new head

Balázs Bíró became the new head of Deloitte Hungary on June 1, according to a press release sent to the...

Retail

Estonia retail sales rises in April

Estonia retail sales, excluding motor vehicles and motor cycles trade, rose 23.0% year-on-year in April, data from the Tallinn-based Statistics...

Residential

Real estate prices likely to rise

According to recent data, the decline in rents has stopped, and the opening of the entire real estate market may...

Automotive

Hungarian Mini- and Midibuses: Smaller Investment, Effective Operation for a Livable Environment

The history of KF Service Solutions Kft., founded by Pál Lovász and five others, has been linked to the Hungarian...

Automotive

Thyssenkrupp Planning for a Successful Year in Hungary

Thyssenkrupp Components Technology Hungary Kft. managing director Marc de Bastos Eckstein reflects on how COVID has impacted the automotive industry...

Retail

STOP SHOP network in Hungary nears full occupancy

The entire portfolio of the STOP SHOP retail network in Hungary, operating on 136,000 sqm in 14 locations and is...

Retail

Szerencsejáték revenue climbs over HUF 575 bln in 2020

Revenue of Szerencsejáték rose 6% to HUF 575.4 billion last year, the state-owned lottery company said on Monday, according to...

Transport

Sister airport agreement signed between Pudong, Budapest Airport

Budapest Airport announced signing a sister airport agreement with Shanghai Pudong International Airport, in addition to launching the Ningbo-Budapest-Ningbo cargo...

Residential

Duna House Q1 earnings climb on real estate market rebound

First-quarter after-tax profit of listed Hungarian real estate broker Duna House rose 9% year-on-year to EUR 292 million, supported by...

Manufacturing

BAT switching to nicotine pouch production in Pécs

British American Tobacco (BAT) is shutting down most of its cigarette production in Pécs (195 km southwest of Budapest) and...

Transport

Budapest Airport books EUR 110 mln loss in 2020

Ferenc Liszt International operator Budapest Airport said it racked up a EUR 110 million loss in 2020 as revenue plunged...

Fintech

Cybersecurity More Important Than Ever in Home Office Age

The coronavirus pandemic resulted in a skyrocketing of the popularity of teleworking and has, in turn, made cybersecurity a vital...

Office Market

Investment Volumes for CEE Expected to Reach EUR 10 Bln

As the pandemic continues to influence capital markets negatively, investment flows for CEE (Bulgaria, the Czech Republic, Hungary, Poland, Romania,...

Science

Indian coronavirus variant identified in Hungary

The Indian variant of the coronavirus has been identified in Hungary, the country's chief medical officer said at a pandemic...

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...