Business

Pharma

4 mln items of PPE rejected at border last year

Consumer protection inspected a total of nearly 26 million pieces of personal protective equipment (PPE), of which more than 4...

Deals

Hiventures sells 27% stake in Webshippy

Hiventures, the venture capital fund manager of the state-owned Hungarian Development Bank (MFB), has sold its 27% stake in Hungarian...

Sustainability

All CTP buildings in CEE achieve BREEAM certification

All 292 buildings of European commercial real estate developer CTP have been awarded BREEAM In-Use status at the "Very Good...

Appointments

Szecskay Attorneys at Law appoints new partners

Szecskay Attorneys at Law announced the appointment of György Wellmann and Bence Molnár Sz. as partners....

Transport

FlixBus, FlixTrain register 30 mln passengers in 2020

In 2020, around 30 million passengers traveled around the world as part of the FlixBus and FlixTrain offer – almost...

Retail

Poland retail sales fall more than expected in December

Poland's retail sales declined 0.8% year-on-year in December, after a 5.7% growth in the same month last year, figures from...

Automotive

BorgWarner, Jabil to invest in Hungarian operations

U.S. automotive industry companies BorgWarner and Jabil will invest a combined HUF 12bn at their bases in Hungary, Minister of...

Appointments

Rencz named head of EY’s Central European group

EY Hungary country managing partner Botond Rencz has been appointed to lead the Big Four consultancy firm's Central European group,...

Science

Hungarian-developed COVID-19 drug shows promise after tests

A drug developed by a consortium of Hungarian researchers, including ones from Budapest's Eötvös Loránd University (ELTE) and pharmaceutical company...

Telco

EBRD supports 5G roll-out in Poland 

European Bank for Reconstruction and Development (EBRD) is supporting the Polish mobile network operator Play with an investment of PLN...

Telco

Vodafone invests EUR 20 mln to advance digital skills and education worldwide

Vodafone announced today an investment of EUR 20 million by the Vodafone Foundation to expand Foundation digital skills and education...

Automotive

Avg used car price in Hungary climbs 25% in 2020

The average price motorists paid for a used car in Hungary rose 25% to HUF 3,110,000 last year, used car...

Transport

Wizz Air announces 7 new routes from Poland

Low-fare carrier Wizz Air announced the addition of seven new low-fare holiday routes from Poland....

Construction

Professional assoc augurs construction industry recovery in 2021

The output of Hungary's construction industry could reach HUF 4.5 trillion this year, returning to 2019 levels, the chairman of...

Logistics

Amazon announces another investment in Poland 

Amazon has confirmed plans to open a new building in Świebodzin with an area of 193,000 sqm in 2021, according...

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...