Business

Pharma

EC approves state aid for BorsodChem investment

The European Commission on Friday cleared EUR 45 million in state aid for a EUR 142 mln investment at Hungarian...

Deals

Intermodal connections grow between Antwerp and Budapest

The Antwerp Port Authority is registering growing traffic in goods between the Belgian port and the markets of Austria and...

Automotive

Hungary signs MoU on vehicle tech with Styria

Hungary and the Austrian state of Styria have signed a memorandum of understanding (MoU) on developing and testing electric and...

Telco

Mészáros-controlled Konzum doubles assets in first half

Due to a capital increase announced last December, net assets of Konzum, the investment company controlled by Lőrinc Mészáros, surpassed...

Competition

Hungary boasts worldʼs second best mobile video network

Hungary is the second best country on the planet for watching online videos on a phone due to the availability...

Retail

Graphisoft releases ARCHICAD 22 software

Hungarian-based software company Graphisoft SE has released ARCHICAD 22, the newest version of its architectural software, featuring curtain wall facade-related...

Deals

Horizon Development Opens Promenade Gardens and Plans EXPO REAL Presence with New Projects

The Grand Opening of Horizon Development’s most recent premium Váci Corridor office development took place last Wednesday with the participation...

Office Market

Millennium Gardens: An Astonishing Location on the Danube

TriGranit’s newest development, Millennium Gardens, which is the final element of the two-time FIABCI Award-winning Millennium City Center in Budapest,...

Office Market

Market Talk: How Green is my Valley?

We asked several of the leading names in the property development business to assess Hungary’s green credentials when it comes...

Sustainability

Future of 5% VAT on residential properties in Hungary

The reduced 5% VAT rate on residential properties undeniably played an important role in strengthening the real estate industry. Although...

Retail

BMW CEO Experience

The latest in our occasional series where we pair a CEO and a BMW X-Series car. This time with Markus...

Telco

Sziget Zrt. profits could reach HUF 1.5 bln in 2018

This year, profits of festival organizer Sziget Zrt. could again reach the record HUF 1.5 billion achieved two years earlier,...

Ecosystem

‘Far-right populism’ impacts academic freedom in Hungary, says Times Higher Education

Weekly U.K. magazine Times Higher Education (THE) has announced its World University Rankings for 2019, with seven Hungarian institutions among...

Competition

Invitech introduces ʼIoT Insightsʼ

Hungarian telecommunications and IT services company Invitech has announced the widespread introduction of its "IoT Insights" platform, making the service...

Retail

Open Studios await visitors during Budapest Design Week

This yearʼs Budapest Design Week will be held between October 5 and 19, with Open Studios offered as one of...

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...