Business

Interview

Diplomatically Speaking: Mexican Ambassador David Nájera – Giving Mexico a ‘Global Promotion’ in Hungary

By the time you read this, the three-and-a-half year posting of David Nájera as Mexico’s Ambassador to Hungary will have...

Transport

Taxi sector recovering from pandemic shock

The taxi sector is recovering from the shock caused by the coronavirus epidemic, but is still far from pre-epidemic levels,...

Industrial

Industry was Back on its Feet by Yearend

The latest industrial data suggests the sector contributed to the Hungarian economy to a greater extent than previously thought. At...

Retail

Slovenia retail sales declines in December 

Slovenia's retail sales turnover declined 13.3% year-on-year in December, following a 14.2% drop in November, the Ljubljana-based Statistics Bureau of...

Automotive

SK Innovation to build USD 2.3 bln EV battery plant in Hungary

South Korea's SK Innovation will build a USD 2.3 billion electric vehicle battery plant in Hungary, its third in the...

Appointments

Organizational changes in BDO Hungary’s consulting business

In early 2021, the owners and the management of BDO Hungary decided to merge its financial advisory and hotel and...

Telco

Vodafone renews frequency spectrum in 900 MHz, 1800 MHz bands

Vodafone Hungary has renewed its existing frequencies in the 900 MHz and 1800 MHz spectrum at the NMHH (National Media...

Retail

Bosnia’s Serb Republic trade gap narrows in 2020

The trade deficit of Bosnia's Serb Republic fell 7.4% to BAM 1.1 billion (USD 672 million) in 2020, the entity's...

Retail

Auchan raises wages 5.6%

The local unit of French supermarket chain Auchan is raising the wages of non-management staff by 5.6%, on average, from...

Retail

Amazon plans to launch Amazon.pl 

Amazon announced the start of work on the launch of Amazon.pl in Poland. The website will provide Polish customers with...

Retail

Editorial: A Time for Gift Giving

If you are familiar with Christian seasons (other religions are available), you will know all talk of Christmas presents is...

Residential

Home price growth in Hungary slows to around 3%

Home prices in Hungary rose 3.2% year-on-year in Q1-Q3, data compiled by the Central Statistical Office (KSH) show....

Office Market

Atenor expands BakerStreet, its 2nd office development project in Buda

Atenor has signed an agreement relating to the acquisition of another plot in District XI of Budapest, under Hengermalom út...

Transport

Wizz Air books EUR 116 mln Q3 loss as pandemic hits passenger volume

Hungarian low-fare carrier Wizz Air booked a EUR 116.4 million loss in the third quarter of its business year started...

Pharma

Czech Republic: No plan to buy vaccines not approved by EU

Czech Health Minister Jan Blatný says the government is not considering buying coronavirus vaccines outside the framework of a joint...

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....

Hungary Among EU’s Most Expensive Countries for Mobile Services

A European Commission study comparing 2024 consumer telecom prices across the EU found that Hungary is among the most expensive...

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...