Business

Manufacturing

Leier Hungária announces HUF 6.5 bln development project

Leier Hungária announced a HUF 6.5 billion domestic development project, which entails the renewal of the company's concrete element production...

Retail

Bulgaria retail trade growth accelerates in March

Bulgaria's retail sales at constant prices increased by 17.3% year-on-year in March, after falling by an annual 0.5% in February,...

Residential

Second-hand apartments more expensive

Second-hand apartments in Budapest became more expensive, but the growth rate of the price increase experienced before the epidemic has...

Office Market

Doktor24 doubles lease space at CityZen

Doktor24 more than doubled its leased space in the CityZen office building, managed and operated by ConvergenCE, according to a...

Innovation

4iG-led consortium wins supercomputer contract

Listed IT company 4iG on Tuesday said a consortium it leads won a contract from the Governmental Information Technology Development...

Office Market

Blue Cube office building gets Silver certification from Access4You

Access4You decided to award a Silver accessibility certification to S IMMO's Blue Cube office building, according to a press release...

Manufacturing

Czech industrial production rises in March

The Czech Republic's production grew a working-day adjusted 14.9% year-on-year in March, after a 2.6% fall in February, data from...

Telco

Magyar Telekom to initiate share buyback auction

Magyar Telekom on Monday said that in accordance with its extraordinary announcement on February 25, 2021, it is initiating a...

Transport

Waberer’s reports EUR 2.7 mln income

Listed Hungarian hauler Waberer's had first-quarter recurring net income of EUR 2.7 million, improving from a EUR 2.5 mln loss...

Innovation

Tungsram signs MoU with Hungarian Army Medical Center

Hungarian lighting company Tungsram has signed a memorandum of understanding with the Hungarian Army Medical Center on the supply of...

Science

CEE’s most modern biobank under development at SZTE

The University of Szeged's (SZTE) Biobank development has reached another major milestone, with the beginning of the assembly of a...

Construction

Late payment rate in construction industry reaches 8%

Payments are now late on about 8% of construction industry invoices, up from 4% at the end of 2020, professional...

Retail

Czech retail sales up in March

The Czech retail sales accelerated by a working-day 5.0% year-on-year in March, after a 2.4% fall in February, data from...

Interview

Mole screening via videodermatoscope 

If detected in time, skin cancer is curable. Dr. Rose Private Hospital dermatologist Dr. Zsófia Hatvani, explains the advantages of...

Deals

NENT Group, Formula 1 enter exclusive rights partnership in Poland

The Nordic region's leading streaming company, Nordic Entertainment Group (NENT Group), and Formula 1 have agreed to Poland's first media...

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...