Business

Construction

Construction output volume down 16.1% y.o.y. in February

The volume of construction output in February 2021, based on raw data, was lower than the previous year’s level by...

Transport

Waberer’s announces HUF 12 bln fleet upgrade

Listed Hungarian trucking company Waberer's has announced a HUF 12 billion upgrade of its fleet, according to a report by...

Deals

Diligent completes Galvanize acquisition

Modern governance company Diligent Corporation announced that it has completed its acquisition of Galvanize, a global leader in SaaS governance,...

Pharma

Roche adding 250 positions to Budapest SSC

Swiss healthcare company Roche will add 250 positions at its shared service center in Budapest this year, Minister of Foreign...

Appointments

CMS appoints new competition partner

Budapest International law firm CMS announced the appointment of Szabolcs Szendrő as a partner and head of competition in Hungary....

Transport

Passenger traffic low, cargo volume rising at Budapest Airport

Passenger traffic at Budapest Airport fell to 183,416 in Q1 2021, down 93.4% compared to the same period of 2020,...

Logistics

WING to expand Login Business Park with new hall

Real estate company WING announced expanding Login Business Park by adding a new stand-alone hall, with a floor space of...

Deals

Netrisk acquires Czech, Slovak peers

Hungarian insurance broker Netrisk on Wednesday said it acquired online policy comparison platforms in the Czech Republic and Slovakia, according...

Automotive

Ford opens Regional Parts Center in Biatorbágy

Ford opened its Regional Parts Center in Biatorbágy (about 17 km east of Budapest) this week, according to a press...

Innovation

Lora Beauty develops nanotech tissue masks

Hungarian cosmetics maker and importer Lora Beauty has developed a new line of tissue masks that use nanotechnology for hydrating,...

Retail

Retail sales down nearly 6% y.o.y. in February

In February 2021, the volume of retail sales - as a result of the (first) panic buying wave at the...

Construction

Construction industry turnover could climb 9-10% in 2021

Construction industry turnover could climb 9-10% this year, state news wire MTI reports, citing a survey of 400 companies by...

Retail

Bulgaria retail sales edge down in February

Bulgaria's retail sales at constant prices fell 0.5% year-on-year in February after falling by an annual 4.4% in January, the...

Innovation

Bosch to invest HUF 6 bln in Hungary SSC

German engineering giant Bosch will set up a HUF 6 billion shared services center in Vecsés, on the outskirts of...

Interview

The importance of stroke screening

Stroke is a sudden nervous system disorder caused by a disruption of the blood supply to the brain, which can...

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...