Business

Office Market

New tenant agreements signed at BudaPart Gate

So far, 20 domestic and multinational companies have signed lease agreements in the two office buildings of BudaPart, according to...

Office Market

ConvergenCE commissioned for new Agora Budapest project

Investor developer HB Reavis entrusted ConvergenCE with the leasing of 8,000 sqm of Agora Tower last year, followed by an...

Deals

AKKO Invest planning further acquisitions after buying NEO Property

AKKO Invest has successfully completed the acquisition of NEO Property Services Zrt., and is examining the possibility of further acquisitions...

Manufacturing

Poland manufacturing activity rises for 3rd month in February

Poland's manufacturing activity increased for the third month in a row in February, survey data from IHS Markit showed on...

Pharma

Hungary raises BioNTech/Pfizer jab order to 10.87 mln doses

Hungary has increased its order for the BioNTech/Pfizer COVID-19 vaccine from 6.5 million to 10.87 million doses, the country's chief...

Retail

Latvia retail sales decrease In January

Latvia's retail sales decreased a calendar-adjusted 8.9% year-on-year in January, after a 4.6% fall in December, figures from the Riga-based...

Residential

Falling rent prices stall

For the time being, the fall in rent prices has stopped, but at the same time, most students in higher...

Residential

Hungary home sales rise 11% in February

Home sales in Hungary rose 11% year-on-year to 14,569 in February, an estimate by listed real estate broker Duna House...

Transport

Electric bicycle tender opens for 4th time

A Ministry for Innovation and Technology's tender for electric bicycles will open for the fourth time from today; it has...

Retail

Neuromarketing increasingly impacts our purchasing decisions

The neurobiological research conducted by Spotler shows that the most effective way of establishing contact with the recipient online through...

HR

Empathetic managers make up only 40% of overall professionals

Among top managers, only about 40% show the characteristics of an empathetic leader who tries to understand, listen to and...

Transport

Electronic toll payment system to go offline early Sunday

Hungary's national electronic toll payment system will go offline for an upgrade between 1:00 and 5:00 in the morning on...

Telco

Magyar Telekom revenue, earnings edge higher in 2020

Net income of Magyar Telekom rose 3% to HUF 42.4 billion in 2020 on a modest increase in revenue, an...

Deals

Special Effects International acquires stake in Zaj Holding

Two well-established enterprises of the region with long decades of expertise in the conference industry, Special Effects International and Zaj...

Pharma

Higher revenue, improved margins lift Richter earnings

Fourth-quarter net income of Hungarian pharmaceutical company Gedeon Richter came to HUF 21.6 bln, improving from a HUF 14.6 bln...

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...