Business

Office Market

Full occupancy reached at CPI’s Balance Hall

CPI Hungary's Balance Hall has reached full occupancy, after two new tenants signed for a total of 4,000 sqm in...

Automotive

Suzuki marks 30 yrs in Hungary: Investment ‘risk’ a success

Although at the time of the regime change it was a huge risk for an international enterprise to set up...

Residential

Cordia raises investment in ARGO

Following the acquisition of Polnord in Poland and Blackswan in the U.K., Hungary-based residential developer Cordia International is continuing its...

Retail

EMAG-Extreme Digital leads online retail sales market

The eMAG-Extreme Digital group led Hungary's online retail market last year, state news wire MTI reports, citing a ranking compiled...

Appointments

Neumann appointed head of Lufthansa Systems Hungária

Stephan Neumann replaced Michael Herrmann as managing director of Lufthansa Systems Hungária on May 1, the company told the Budapest...

Deals

Mészáros és Mészáros wins waterworks contracts

Listed holding company Opus Global said its construction unit Mészáros and Mészáros won several big waterworks project contracts, according to...

Automotive

Unexpected decline in domestic used car market in April

Contrary to expectations, the second quarter started with a slowdown in the domestic used car market: according to the latest...

Retail

Share of Hungarians who regularly shop online doubles

The share of Hungarians who make purchases online at least once a week has risen from 6% to 12% in...

HR

HR needs empathy and flexibility – report

Some 67% of companies use a hybrid work model, the Warsaw Business Journal reports, citing a study by Big Four...

Telco

Internet use among seniors below EU avg

In 2020, about 53% of people aged 65-74 in Hungary reported that they had used the internet in the last...

Pharma

Another 333,000 Pfizer jabs arrive in Hungary

More than 330,000 doses of a Covid vaccine developed by Pfizer and BioNTech arrived in Hungary on Tuesday, the local...

Automotive

Hungary has potential to become major battery exporter

At the moment, Hungary is the 10th largest exporter of electric batteries in the world, but breaking into the top...

Pharma

Most Poles prefer the Pfizer vaccine

If Poles were allowed to choose their COVID-19 vaccine, 41.7% would opt for the Pfizer vaccine, while only 4.8% would...

Pharma

Hungary to lay cornerstone of nat’l vaccine plant in 100 days

Hungary will lay the cornerstone of a national vaccine plant in Debrecen (195 km east of Budapest) in 100 days,...

Logistics

Axial building HUF 2 bln parts warehouse

Hungarian farm and construction industry machinery dealer Axial is building a HUF 2 billion automated parts warehouse at its base...

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...