Business

Industrial

Lowest Budapest Office Vacancy yet Recorded

The overall Budapest office vacancy rate has fallen to 6.4%, the lowest yet recorded in a market where vacancy was...

Office Market

Europa Design Headquarters set to Achieve WELL Accreditation

The 400 sqm Europa Design headquarters, a refurbished building in Buda, originally built in the 1930s in a Bauhaus style,...

Incubators

Metropolitan University announces startup program finalists

A panel of experts has announced the teams chosen for investment in METU Garage, the startup program of Budapest Metropolitan...

Ecosystem

ELTE 20th on QS ranking of best EECA universities

Quacquarelli Symonds (QS), a global higher education marketing firm, has released its 2019 edition of "QS University Rankings: Eastern Europe...

Sustainability

Real estate prices will keep rising, says GKI

Real estate prices are set to rise across the board nationally in the next 12 months, with prices of resale...

Telco

MOLʼs revenues, profits surge in third quarter

Third-quarter net income of Hungarian oil and gas company MOL rose 89% year-on-year to HUF 90.0 billion, supported by higher...

Telco

Magyar Suzuki’s Esztergom Facility to Become a Smart Factory

A new, multi-phase innovation development project has begun at Magyar Suzuki’s factory. The HUF 5.3 billion R&D project supported by...

Pharma

New measures to support the establishment and expansion of R&D centers

The Hungarian government introduced a new R&D cash incentive under its VIP cash grant system for large enterprises in 2017...

Competition

GDPR Considerations in M&A Transactions

The General Data Protection Regulation (GDPR) came into force on May 25 and introduced unified EU rules on personal data...

Deals

Horizon Development Announces Bentley Home Partnership at EXPO REAL

Last week’s EXPO REAL featured a truly engaging Budapest-stand with numerous projects presented by developers active in the capital and...

Office Market

New Law On Remodeling Commercial Buildings

Due to new legislative amendments, the number of cases in which a special permit is required for work on commercial...

Telco

Felföldi Confectionery launches new product at Yummex Dubai

Hungarian family-owned Felföldi Confectionery is launching a dry cheese snack dubbed "Letʼs Cheese" at the Yummex Middle East trade fair...

Deals

Ex-Deloitte exec proposed for state secretarial position

Minister of Finance Mihály Varga has recommended the appointment of Gábor Gion, a former executive at Deloitte, one of Hungary’s...

Office Market

Agora Budapest to host Raiffeisen

International real estate developmer HB Reavis has announced that Raiffeisen Bank Hungaryʼs HQ will be moved to the Agora Budapest...

Industrial

Property prices in Budapest still cheap in regional comparison

Property prices in Budapest rose about 20% year-on-year in the third quarter of 2018, but are still well under prices...

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...