Business

Ecosystem

Intellitext startup incubator seeks hardware development projects

Intellitextʼs startup accelerator program is looking for startups with potential for international success in their early or seed phase, operating...

Automotive

Maform signs major deal with Japanese auto producer Phiaro

Hungarian industrial design studio Maform Design, the company behind the redesign of the Samsung Galaxy Gear Edge smartwatch, as well...

Pharma

Rehau-Automotive lays cornerstone of HUF 40 bln bumper plant

The government has concluded a strategic partnership agreement with the Swiss Rehau Group, providing HUF 7.1 billion in non-returnable funding...

Pharma

Ford opens new service center in Budapest

U.S. carmaker Ford opened a regional service center in Budapest last Friday. The new Budapest SSC is Fordʼs biggest European...

Retail

Tech developments pose challenges for car dealers

Car dealerships will face significant challenges in the next decade, related to car sharing, alternative fuels, smart cars, and new...

Construction

Construction output volume up 38% y-o-y in July

The volume of construction output was 38.0% higher in July 2018 than a year earlier based on raw data, rising...

Deals

Special Effects International Ltd. expands global presence to Dubai

Internationally acclaimed event service provider Special Effects has acquired ownership in the Dubai-based Kraftwerk Design & Production agency, expanding its...

Incubators

IT is all around

There is still a huge labor shortage – approximately 22,000 people – on the ever changing IT market. R&D and...

Incubators

AHa! Brain Store startup program reaches final phase

A total of 148 startups applied for the AHa! Brain Store corporate acceleration program, created by telco Antenna Hungária and...

Deals

NEPI Rockcastle acquires Mammut for EUR 254 mln

South African-listed NEPI Rockcastle, which invests in commercial property in Central Europe, on Thursday said it has acquired a controlling...

Deals

Prologis strengthens project management team in CEE

Prologis, which describes itself as the global leader in logistics real estate, announced two new appointments at its CEE project...

Telco

Investment companiesʼ Q2 profit jumps 48%

Investment companiesʼ net profit rose 48% year-on-year to HUF 2.63 billion in Q2, data released by the National Bank of...

Telco

Gemtech to spend HUF 1bln on capacity expansion

Machinery company Gemtech will spend almost HUF 1 billion on purchasing machinery to expand production capacity in Napkor (249 km...

Retail

Lidl receives quality awards

International retail chain Lidl received "Value and Quality" prizes in three categories on September 11 at an awards ceremony held...

Office Market

‘Outstanding’ ITSH Moving in and Moving On

When IT Services Hungary Kft. moved into its new state-of-the-art headquarters in Mill Park on August 30, the investment was...

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...