Business

Pharma

CPI Property Group announces Campona refurbishment

Luxembourg-based, Czech-owned real estate developer CPI Property Group today unveiled its new plans and projects at the international retail property...

Pharma

Egis invests HUF 8 bln in expanding production capacity

Drugmaker Egis, majority owned by Franceʼs Servier, is investing HUF 8 billion at its base in Körmend in western Hungary,...

Automotive

Automotive industry output falls almost 10% in September

Production volume of Hungaryʼs automotive industry declined 9.5% year-on-year in September, a detailed second reading of monthly data released by...

HR

HR and work discussion event at Loffice Budapest

Loffice and UniCredit have announced an event on HR and work-related topics, to take place in Loffice Budapest this Wednesday,...

Competition

Hungarian Healthcare: a Self-inflicted Coronary Attack

Ask a Hungarian about state healthcare and prepare for a tirade involving long operation waiting times, over-burdened staff and hospitals...

Retail

Raiffeisen names Ákos Jakab as head of corporates

Raiffeisen Bank Hungary has announced the appointment of Ákos Jakab as head of corporates, markets, and investment banking, according to...

Construction

Construction output up nearly 26% in September

The volume of construction output was 25.8% higher in September 2018 than a year earlier based on raw data, according...

Telco

Construction company Közgép sold to Duna Aszfalt

Businessman Zsolt Nyerges on Saturday announced the sale of construction firm Közgép to Duna Aszfalt, owned by László Szíjj, state...

Telco

MNB allocates HUF 20 bln of MIRS

The National Bank of Hungary (MNB) allocated HUF 20 billion of monetary policy interest rate swaps (MIRS) designed to flatten...

Competition

Edge Computing: The Disruption of Data Center Management

The data center sector has been transformed over the last ten years. In a decade, we’ve seen mass migration into...

Retail

AI: Control it or be Controlled

Governments and industry recognize that Artificial Intelligence (AI) is opening up transformational opportunities in all areas of human activity. At...

Telco

OTP earnings in Q3 up 8% year-on-year

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 8% year-on-year to HUF 85.9 billion as its...

Telco

Magyar Telekom Q3 profits fall as margins narrow

Third-quarter net income of Magyar Telekom fell an adjusted 23.3% year-on-year to HUF 13.9 billion as costs climbed faster than...

Automotive

Industrial output slips 0.6% in September

Industrial production edged down 0.6% year-on-year in September as there was one more working day in the base period, the...

Telco

Richter Q3 profit plunges as revenues drop

Third-quarter net income of Hungarian drugmaker Gedeon Richter fell 44.1% year-on-year to HUF 8.8 billion as revenues dropped and administrative...

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...