Business

Transport

Wizz Air to fly to Gatwick from spring

Hungarian low-cost airline Wizz Air said on Thursday it will add one new aircraft and two new routes from Budapest...

Deals

Trade in SET shares temporarily suspended

Trade in the ordinary shares of SET Group Nyrt. was suspended temporarily from the start of the trading session on...

Telco

Gross wages up 10.4% in September

The average gross monthly wage in Hungary rose 10.4% year-on-year to HUF 322,752 in September, the Central Statistical Office (KSH)...

Deals

Danone Hungary names country manager

Dániel Buzási has been appointed country manager of Danone Hungary, starting November 2018, bringing nearly 20 years of domestic and...

HR

Nutricia wins Aon ‘Best Workplace’ award

On the 18th occasion of the presentation of the Aon "Best Workplace" awards, which recognize companies based on the largest...

Competition

OECD raises Hungary GDP growth forecasts

The Organisation for Economic Co-operation and Development (OECD) has raised its GDP growth forecasts for Hungary in the November edition...

Competition

Budapest ranks 58th best city for finding jobs

A recently released 2018 study by moving services company Movinga, entitled "Best Cities to Find a Job," reveals that Budapest...

Interview

Still no change in base rate by MNB policymakers

As expected, the Monetary Council of the National Bank of Hungary (MNB) decided once again to keep the central bankʼs...

Pharma

Austrian firm to employ 250 engineers at R&D base in Érd

Austrian automotive industry company AVL will build a HUF 12.5 billion R&D base in Érd, on the southwest outskirts of...

Competition

New term for M&A market: acquihires

Eastern Europe’s chronic labor shortage is feeding into corporate takeover activity, with some companies making acquisitions to snap up skilled...

Competition

Job ads specifying salary significantly more attractive

While quite common in Western Europe, it is rare in Hungary for companies to post ads for open positions with...

Competition

Hungary up to 49th in IMD World Talent Ranking

The 2018 edition of the annual IMD World Talent Ranking, which assesses the extent to which countries develop, attract and...

Telco

MNB FX swap stock remains close to HUF 2 tln

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.987 trillion...

Telco

Series of capital raises lift Opus net worth more than HUF 200 bln

The board of Opus Global, controlled by the investor Lőrinc Mészáros, decided on the final steps of a series of...

Competition

Firms not spending enough on info security – EY survey

The digital transformation has escalated cyber threats further, yet companies are doing nowhere near enough to tackle the risks, concludes...

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...