Business

Sustainability

Parliament votes to phase out subsidies on home savings bank deposits

Az expected, Parliament voted on Tuesday to phase out state subsidies on deposits at home savings banks. The motion was...

Office Market

Wing Completes Magyar Telekom Headquarters

Wing has completed the 58,000 sqm Magyar Telekom Group headquarters, located in District IX, adjacent to the Groupama Ferencváros Stadium....

Pharma

Heineken Hungária to shut down Martfű base

Dutch-owned brewer Heineken Hungária is shutting down its base in Martfű (SE Hungary) after expanding warehouse space at its brewery...

Competition

Consumer protection on digital markets strengthening – Deloitte

New business models appearing on digital markets raise unknown and increasingly complex problems, resulting in actions by the Hungarian Competition...

Telco

MNBʼs FX swap stock remains steady

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain around HUF 1,988 billion after...

Telco

Retail employment up in 2017

The number of workers employed in the retail sector, working at organizations with at least five people, rose by 1.55%...

Construction

Construction sector output up 24.4% in August

The volume of construction output was 24.4% higher in August 2018 than a year earlier based on raw data. Output...

Pharma

Herbal tea manufacturer builds new factory, eyeing exports

Pharmaherb Kft., the producer of medicinal herb products by György Szabó (also known as "Gyuri Bácsi"), laid the foundation stone...

Telco

Families granted HUF 250 bln in CSOK home purchases subsidies

More than 90,000 Hungarian families have taken advantage of a total of HUF 250 billion in grants within the framework...

Sustainability

CEE market the fastest growing in EU, says research

New research by Skanska, CBRE, Dentons, and PwC investigates the state of the CEE investment market, revealing that growth in...

Competition

Marketing alliances blast govʼt proposal to increase ad paper tax

According to a proposal submitted on September 24, the environmental protection tax on one kilogram of paper used for ads...

Office Market

Developers Adopting WELL Building Standard

Green or sustainability accreditation is now a pre-requisite for the successful development, letting and management of office projects at the...

Office Market

JLL advises on selling of ‘K6’ office building to Wigan Acquisitions

Investment management company JLL advised the seller on the disposal of the "K6" office building in Budapest, with the property...

Pharma

Black Friday sales gaining popularity in Hungary

International shopping craze Black Friday seems to be rapidly gaining popularity in Hungary, with around 90% of the population aware...

Industrial

Number of malls, hypermarkets stagnates

The number of shopping malls and hypermarkets has stagnated in Hungary since 2010, a summary of data released by the...

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...