Business

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...

Office Market

33,850 sqm of new office space delivered to Budapest market in Q4

In the fourth quarter of 2020, 38,850 sqm of new office space was delivered to the Budapest office market in...

Transport

Rail Cargo Hungaria acquires TS Hungaria 

Rail Cargo Hungaria has acquired 100% of rolling stock maintenance, development and manufacturing company Technical Services Hungaria Jarmujavito as of...

Deals

Hungary seals deal to acquire Russian COVID-19 vaccine

Hungary has signed a contract to acquire Russia's Sputnik V COVID-19 vaccine, Minister of Foreign Affairs and Trade Péter Szijjártó...

Deals

Thyssenkrupp to set up HUF 2.2 bln development base in Veszprém

Germany's thyssenkrupp will set up a HUF 2.2 billion engineering development base in Veszprém (about 122 km west of Budapest),...

Pharma

Hungarian authorities clear Russian, U.K. COVID-19 vaccines

Hungary's National Institute of Pharmacy and Nutrition (OGYÁI) has issued temporary licenses for COVID-19 vaccines developed in Russia and the...

Automotive

BMW sales fell 5% last year

BMW brand sales in Hungary fell 5% last year, well under the close to 19% drop in overall new car...

Office Market

WING completes Gizella Loft office building

WING completed the development of the revitalized Gizella Loft office building, in the heart of Zugló, offering 8,500 of office...

Competition

Design Terminal Demo Day approaches

The live Demo Day of Design Terminal's mentoring program will be held on January 21, with 10 innovative startups demonstrating...

Transport

EUR 167 mln spent by Budapest Airport on development projects in the last 2 years

During the past two years, operator Budapest Airport implemented EUR 167 million worth of investments at Ferenc Liszt International Airport,...

Transport

Budapest Airport preparing for virus passport

Budapest Airport is constantly monitoring the good practices of the world's airports and has been preparing for months so that...

Logistics

Main HOPI warehouse to be built in P3 Mszczonów park 

Long-term owner and developer of European warehouse properties, P3, has signed a lease agreement with HOPI for approximately 33,910 sqm...

Deals

Poland’s Prime Label to acquire Slovenian printing house LabelProfi

Poland's Prime Label Group, owned by Central and Eastern Europe-focused private equity firm Innova Capital, signed an agreement to acquire...

Appointments

Lakatos, Köves & Partners announce arrival of corporate counsel Viktória Szilágyi

Law firm Lakatos, Köves & Partners (LKT) announced that experienced corporate/M&A lawyer Viktória Szilágyi has joined LKT's corporate team....

Residential

Home rental prices continue to fall

Home rental prices in Hungary fell 12% year-on-year in November, continuing a decline started in April, when the country was...

Pharma

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

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....

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

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...