Business

HR

Career-starter job vacancies continue to increase

The number of job vacancies advertised for career-starters began increasing late last year in Hungary after falling throughout the rest...

Office Market

BudaPart adds mixed-function hotel/office building

The fourth phase of the BudaPart real estate development in Budapest is now underway. The new phase marks the construction...

Residential

Cordia plans to complete 1,800 apartments in 2021

Hungarian property developer Cordia plans to complete around 1,800 apartments in 2021, mostly in the 8th 9th, and 13th districts...

Automotive

AutoWallis buys one of the most modern car salons in CEE

AutoWallis will gain possession of one of the largest and most modern BMW dealerships in the CEE region, a salon...

Innovation

Google reaches to clouds in Wrocław

In its Wrocław office, Google will create a new technology team that will be responsible for implementing Google cloud computing...

Innovation

HuGo app launched gathering Hungary-related sites in the US

A new, niche application called HuGo aims at gathering locations and sites in the United States with Hungarian references from...

Retail

Czech retail sales decline in January

The Czech retail sales decreased by a workdays-adjusted basis 6.5% year-on-year in January, following a 0.8% fall in December, data...

Retail

No panic buying after lockdown measures announced

After the announcement of the recent epidemiological measures, the increase in traffic did not even come close to the level...

Automotive

Automotive sector output fell 27.5% y.o.y. in January

The output of Hungary's automotive sector, usually an engine of industrial growth, fell 27.5% year-on-year in January amid a global...

HR

People want clear separation between work and home – study

People want a clear separation between work and home, according to a study carried out on behalf of the Skanska...

Construction

Construction output volume up 11% y.o.y. in January

The volume of construction output in January 2021 surpassed the previous year’s level by 11% based on raw data released...

Transport

Budapest Airport passenger traffic falls 95% y.o.y. in Feb

Budapest Ferenc Liszt International Airport handled 54,407 passengers in February 2021, registering a 95% drop in traffic compared to February...

Office Market

MádiLáncos Studio wins interior design tender of Arena Corner

The first major reconstruction project of the Arena Corner was completed in 2018 to ensure its competitiveness by reflecting the...

Retail

Bulgaria retail sales fall at slower pace in January

Bulgaria's retail sales at constant prices decreased by 3.9% year-on-year in January after falling by an annual 10.7% in the...

Deals

Special Effects Int’l partnering with One Event Hungary

Leading international event production and technology company Special Effects has agreed to partner with One Event Hungary, the recently founded...

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...