Business

Appointments

Mastercard appoints Hungarian specialist to global management position

Milán Gauder has been appointed head of global card acceptance at Mastercard, meaning that the Hungarian specialist is now responsible...

Deals

GE Healthcare plans HUF 3.3 bln expansion at digital development centers in Hungary

GE Healthcare will invest HUF 3.3 billion to expand its digital development centers in the capital and in Szeged (162...

Residential

LIVING announces community mobile application for Kassák Residence users

LIVING, as Hungary’s first residential property developer to offer community solutions, has expanded its service portfolio with a new community...

Appointments

Mátyás Dobó to become Vodafone Hungary’s business unit director

Mátyás Dobó is set to become the new director of Vodafone Hungary's business unit, taking over from István Király on...

Science

U.K. coronavirus variant detected in Hungary

A variant of the coronavirus which is 50%-70% more infectious has been detected in Hungary, the country's chief medical officer...

Residential

Shortage of plots driving prices up

There has been a shortage of plots on the real estate market, and the constantly shrinking supply has had a...

Transport

HUF 700 bln in railway developments to be completed this year

Unprecedented railway developments will be completed in Hungary this year worth about HUF 700 billion of investment, said State Secretary...

Retail

Praktiker completes HUF 200 mln store overhaul

Do-it-yourself chain Praktiker has completed a HUF 200 million overhaul of a store in the north of the capital and...

Science

ZTA Biotech team develops ELISA protocol for COVID-19 IgG antibody detection

ZTA Biotech, a Budapest-based biotech startup has announced the breakthrough development of a COVID-19 antibody (IgG) test using the ELISA...

Transport

HungaroControl ATCs direct half a million fewer aircraft in 2020

HungaroControl's air traffic controllers directed over half a million fewer aircraft last year as the pandemic impacted travel, the state-owned...

Residential

Rents may rise when tourism rebounds

In the first half of the year, tenants may still be on the rental market; although rents may rise again...

Automotive

Vehicle, engine production grows at Audi

Vehicle and engine production grew at German carmaker Audi's plant in Hungary last year, Audi Hungária communications director Mónika Czechmeister...

Manufacturing

Heineken Hungária awarded govt grant for HUF 540 mln upgrade

Minister of Foreign Affairs and Trade Péter Szijjártó on Tuesday awarded the local unit of Heineken a HUF 270 million...

Retail

Bulgaria’s annual retail sales fall, industrial production declines in November

Bulgaria's retail sales at constant prices dropped 6.4% year-on-year in November after decreasing by an annual 5.3% in the previous...

Retail

Spar fined for retroactive rebate agreements w/o turnover specifications

Hungarian food safety authority Nébih on Tuesday said it fined the local unit of supermarket chain Spar HUF 80 million...

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...