Business

Telco

Russian-Hungarian consortium inks giant rail deal in Egypt

Transmashholding Hungary, a Russian-Hungarian consortium, has signed a contract worth more than EUR 1 billion on the delivery of 1,300...

Pharma

Dahua Technology opens regional supply center

Dahua Technology, a China-based provider of solutions in the global video surveillance industry, has opened its European supply center in...

Office Market

Wing completes new Telekom & T-Systems HQ

Real estate developer Wing Zrt. has completed the development of a new nine-story, 100,000 square-meter office building which will serve...

Deals

U.S. firm acquires Hungaryʼs Argint International

U.S.-based Precision for Medicine, part of the Precision Medicine Group, announced on Tuesday the acquisition of Hungaryʼs Argint International, a...

Pharma

Apollo starts production of truck tires in Hungary

Tire manufacturer Apollo Vredestein announced that its Apollo plant in Hungary has begun the production and shipment of truck tires,...

Sustainability

Dentons advises NEPI Rockcastle on Mammut deal

Law firm Dentons advised South African-listed real estate investor and developer NEPI Rockcastle on the acquisition of 100% of Mammut...

Deals

Knight Frank opens new office in Budapest

Global estate agency, residential and commercial property consultancy Knight Frank formally opened a dedicated office in Budapest on September 20,...

Telco

Deficit 121% of full-year target at end of August, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,646.2 billion deficit at the end of August, thus...

Automotive

Gov’t agrees with BMW to support Debrecen investment

An agreement was reached last Friday with executives of BMW on government support for a EUR 1 billion plant the...

Logistics

Consumer confidence up, business confidence down in September

Economic research institute GKIʼs economic sentiment index, its combined gauge of consumer and business confidence, declined 1.2 points to 5.5...

Retail

Uniqa launches innovative Cherrisk insurance model

Insurance company Uniqa is set to expand its innovative Cherrisk model to Europe, with the innovative, user interface-optimized model having...

Incubators

Six teams in Design Terminalʼs Mentoring Program

Six of 215 applying startups have been selected to participate in Design Terminalʼs Mentoring Program this fall, with the program...

Pharma

Sanmina to spend HUF 6.2 bln on developments in Tatabánya

U.S.-owned electronics and telecom equipment manufacturer Sanmina-SCI Hungary Kft. will spend HUF 6.2 billion on developments at its base in...

Office Market

Helping Tenants Achieve Office Wellness

The WELL certification system could be a “game changer” in terms of office fit out, says Péter Takács, a partner...

Office Market

Skanska’s Journey to green

Skanska, the Sweden-based multinational construction and development company, embedded green thinking into its culture and ways of working. András Schmidt,...

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...