Business

Sustainability

OTP Real Estate Buys Corvin Promenade Office Portfolio

Futureal Group has sold its portfolio of Corvin office buildings to the Hungarian OTP Real Estate Investment Fund. The transaction...

Deals

HungaroControl: Drone Industry on ‘Brink of a Revolution’

Drone technology stands a good chance of becoming a lucrative business in Hungary. However, for investors and industry players to...

Retail

Maform, Lift launch groundbreaking eVTOL aircraft

Budapest-based industrial design company Maform Design celebrated the launch of the world’s first ever multirotor eVTOL aircraft in association with...

Pharma

Linamar to create 250 jobs at Békéscsaba unit

Canadian-owned automotive firm Linamar Hungary will build a 10,000 square-meter production hall at its base in Békéscsaba (SE Hungary) for...

Telco

Hungarian banking sector liquidity up in November

Forint liquidity of Hungaryʼs banking sector rose in November from a month earlier, which was mainly reflected in the increase...

Pharma

Nestlé grants Szerencsi branding rights for non-cocoa products

The local unit of Swiss food and drink giant Nestlé has transferred exclusive rights to use the "Szerencsi" brand for...

Retail

MOL opens family-friendly gas station

Hungarian oil and gas company MOL has opened a family-friendly gas station in Balatonföldvár, on the southern shore of Lake...

Retail

Starbucks to open three more units this year

U.S. coffee shop chain Starbucks is opening three more units in Hungary this year, bringing the total number of outlets...

Telco

MNB FX swap stock remains around HUF 2 tln

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.988 trillion...

Incubators

GE Healthcare, Hiventures partner to support startups

GE Healthcare, the healthcare division of General Electric, and Hiventures, the venture capital fund manager of the Hungarian Development Bank...

Automotive

Hungary farm sector output expands over 3% in 2018

Output of Hungaryʼs agricultural sector grew by 3.1% in 2018, according to a first estimate of the sectorʼs annual performance...

Telco

Impasse over minimum wage persists; overtime demo ahead

Employers and unions failed to reach an agreement on next yearʼs minimum wage rises at a meeting on Thursday, according...

Deals

KEG shares delisted from stock exchange

The Budapest Stock Exchange (BÉT) said on Monday that it is removing the ordinary shares of KEG Közép-európai Gázterminál Nyrt....

Sustainability

Fixed-rate home loans most popular, says OTP

Nine out of 10 home loans granted in September carried a fixed rate, according to data from OTP Bank, with...

Office Market

Atenorʼs Váci Greens Building F finds tenant

Insurance company NN Biztosító Zrt. has signed a 5,500 square-meter office lease agreement in the next building of Atenorʼs Váci...

Residential

Buyers Push Back against Overpriced Homes as Market Shifts

Hungary's housing market grew more polarized in Q3 2026, according to OTP Ingatlanpont , with Budapest home prices reaching affordability...

Pharma

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Pharma

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

Pharma

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Real Estate

Hotel Sector Growing With Rising Tourism Numbers

The hotel sector is becoming an ever more popular development and investment option, with the Hungarian capital attracting a rising...

Residential

Residential Becoming a Key Development Sector in Hungary and the CEE

The residential or living sector is playing an increasingly significant role in real estate development and investment markets in Hungary...

Hungary Retail Sales Rise 4.3% in September as Non-Food Spending Leads Growth

Hungary’s retail sales volume rose 4.3% year-on-year in September 2026, driven by growth in non-food and automotive fuel sales, according...

Buyers Push Back against Overpriced Homes as Market Shifts

Hungary's housing market grew more polarized in Q3 2026, according to OTP Ingatlanpont , with Budapest home prices reaching affordability...

MOL Gets U.S. Clearance for Preparatory Steps in NIS Acquisition

MOL has received a U.S. sanctions license authorizing certain preparatory transactions related to its potential acquisition of a stake in...

Revolut Valuation Reaches USD 115 bln After Fundraising

Revolut has completed a fundraising transaction valuing the company at USD 115 billion, following a series of banking launches and...

MSD Hungary Managing Director Sean R. Smith to Take Global Role

Sean R. Smith will conclude his assignment as managing director of MSD Hungary at the end of 2026 and move...

Magyar Telekom Q3 Profit Rises 7.5% as Revenue Grows

Magyar Telekom’s Q3 net income rose 7.5% year-on-year to HUF 59.5 bln, supported by similar revenue growth. The company reaffirmed...

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

Wizz Air Luton–Sofia Flight Diverted to Budapest After Bomb Threat

A Wizz Air flight from London Luton to Sofia was diverted to Budapest after receiving a bomb threat during the...

Pirelli Cinturato Winter 3 Takes Top Honors in European Tests

As winter approaches, drivers face a familiar question: which tires can provide dependable performance when road conditions start to change?...

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Hotel Sector Growing With Rising Tourism Numbers

The hotel sector is becoming an ever more popular development and investment option, with the Hungarian capital attracting a rising...

Hungary’s First Mr D.I.Y. Store to Open at Köki Alongside Popeyes

Budapest’s Köki shopping center will welcome Hungary’s first Mr D.I.Y. store and the country’s fourth Popeyes restaurant in November. Footwear...

Residential Becoming a Key Development Sector in Hungary and the CEE

The residential or living sector is playing an increasingly significant role in real estate development and investment markets in Hungary...