Business

Innovation

Number of eSports enthusiasts to reach 285 mln by 2024

The prize of the first known video game tournament back in 1972 at Stanford University was a 1-year subscription to...

Pharma

Richter takes ‘initial steps’ to BGS bond issue

Pharmaceutical company Gedeon Richter last week said its management had taken "initial steps" to participate in the Bond Funding for...

Science

Incubator to Ensure Scientific Research Leads to Commercial Success

Hungary has all the human capital it needs to become a leading player in molecular medicine, insists Dr. Christoph Sensen,...

Interview

Diplomatically Speaking: Building a Modern, Mature Trading Relationship on Strong Cultural Links

Modern India-Hungary relations are based on a mutual respect for culture and traditions as well reflecting the maturity of the...

Deals

Bourse turnover up at HUF 259 bln in March

Share turnover on the Budapest Stock Exchange reached HUF 259 billion in March, up from HUF 220 bln in February...

Retail

EuroCenter mall to be renovated

Developer WING will begin renovating the EuroCenter mall in Óbuda this spring, according to a press release sent to the...

Automotive

Ford expands SSC capacity in Hungary

Ford Motor company on Wednesday announced the establishment of Ford Business Solutions Europe in Budapest, according to a report by...

Innovation

Great potential for smart, sustainable mobility projects

In EU’s new Multi-Annual Financial Framework, the support of transport development, and in particular the facilitation of the transition to...

Retail

Estonia retail sales growth slows in February

Estonia retail sales, excluding motor vehicles and motorcycles trade, rose 4% year-on-year in February, after a 7% growth in January,...

Manufacturing

Masterplast wins gov’t grant for PPE plant

Listed Masterplast, a building materials manufacturer that entered the healthcare supplies business during the pandemic, has won a government grant...

Fintech

Mobile bank users exceed 50% of cardholders

According to Mastercard's annual survey, the proportion of mobile bank users exceeded 50% among cardholders for the first time, writes...

Retail

Slovenia retail sales rise in February

Slovenia's retail sales rose in February, data from the Statistical Bureau of Slovenia (SURS) showed on Monday. The retail trade...

Automotive

Johnson Electric to shut down Ózd plant

Johnson Electric on Tuesday said it plans to shut down its automotive parts factory in Ózd (about 123 km northeast...

Appointments

Budapest Airport appoints new CEO

Chris Dinsdale is set to take over from Rolf Schnitzler as CEO of Budapest Airport Zrt. from the end of...

Retail

Latvia retail sales continue to contract in February

Latvia's retail trade slumped 8.5% from a year earlier in February, following a revised 9.5% tumble in the previous month,...

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...