Business

Office Market

M7 acquires Hungarian office property near Váci Corridor

Pan-European investor and asset manager M7 Real Estate has acquired a modern, multi-tenanted office property in Budapest, Hungary on behalf...

Transport

Qatar Airways celebrates 10th anniversary of 1st Budapest-Doha flight

Qatar Airways celebrated 10 years of linking the Hungarian capital with the capital city of Qatar, Doha and the Qatar...

Construction

Gov’t announces HUF 10.4 bln tender for construction company upgrades

The government is inviting applications for HUF 10.4 billion in grant money to support technology upgrades and efficiency improvements at...

Transport

BKK introduces online booking for Telebusz transport service

Online booking of the Telebusz transport service is now available at telebusz.bkk.hu, Center for Budapest Transport (BKK) says....

Retail

Aldi Magyarország raises pay 4%-8%

The local unit of German discount chain Aldi has raised staff wages by 4-8% from January 1, Aldi Magyarország said...

Appointments

New general manager at helm of Roche’s Budapest office

Roche Szolgáltató (Európa) Kft. announced the appointment of Martin Kikstein as its new general manager....

Deals

IIB places EUR 30 mln bond

The Budapest-based International Investment Bank (IIB) has announced the placement of a EUR 30 million bond with a German insurance...

Industrial

Austrian Eyemaxx sells logistics compound in Serbia 

Industrial real estate developer CTP is expanding its industrial park north of the Serbian capital, CTPark Belgrade North, following the...

Pharma

Hungarian authorities review Sinopharm vaccine production in Beijing 

Experts of the National Institute of Pharmacy and Nutrition (OGYÉI) have reviewed production of the Sinopharm COVID-19 vaccine in Beijing,...

Retail

Vehicles fuel sales fall 7.8%

Vehicle fuel sales of members of the Hungarian Petroleum Association (MASZ) fell 7.8% annually to 3.61 billion liters in 2020,...

Automotive

Continental to open new factory in Serbia’s Novi Sad in early March

In early March, the German company Continental is opening a new factory of automotive electronics in Novi Sad, worth EUR...

Transport

Wizz Air issues EUR 500 mln bond

Hungarian low-fare carrier Wizz Air on Thursday announced the issue of a EUR 500 million debut bond, according to a...

Manufacturing

Austria’s FACC starts construction of aircraft parts plant in Croatia

Austrian aerospace and defense company Fischer Advanced Composite Components (FACC) has started the construction of a EUR 33 million aircraft...

Construction

Construction output volume up 5% y.o.y. in November

The volume of construction output in November 2020, based on raw data, surpassed the previous year’s level by 5%, the...

Pharma

EC adopts recommendation keeping Esmya as last resort

The European Commission has adopted a recommendation by the Committee for Medicinal Products for Human Use (CHMP) of the European...

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...