Business

Competition

Trust is the key in IT Security Outsourcing

It seems businesses have finally got the message about the need for proper IT security, even if company size is...

Office Market

Buddha Bar opens in Váci Greens D, building 100% let

Real estate advisory firm Cushman & Wakefield has contributed to Buddha Original Sushi & Wok Bar opening a 289 square-meter...

Deals

Wallis to go public soon, with Altera raising capital

Wallis Groupʼs four auto-related companies are set to go public once the registry court process of Altera Nyrt.ʼs private capital...

Pharma

Bridgestone plans HUF 9.2 bln expansion in Tatabánya

The local unit of Japanese tire maker Bridgestone will launch a HUF 9.2 billion investment at its base in Tatabánya,...

Telco

Budapest Bank posts HUF 9.2 bln after-tax profit in H1

Hungarian banking group Budapest Bank, owned by the state-owned Hungarian Development Bank (MFB), had HUF 9.2 billion consolidated after-tax profit...

Competition

Family businesses optimistic about future

About two-thirds of family businesses globally are optimistic and expect an increase in revenues and profit in the next 12...

Pharma

Natʼl tobacco supplier opens logistics center

Országos Dohányboltellátó (ODBE), the state-owned national supplier of tobacco shops, opened a more than 2,000 square-meter logistics center in Zalaegerszeg...

Telco

Deficit rises to 121% of full-year target in August

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

Incubators

Local startup Xeropan raises EUR 800,000 from Hiventures

Local language learning startup Xeropan has raised almost EUR 800,000 from state-owned venture capital investment fund Hiventures, according to a...

Telco

MOL raises diesel prices, now 15% higher than in February

Hungarian oil and gas company MOL will raise its wholesale diesel price by HUF 3 per liter from today, industry...

Automotive

Industrial output up 6.2% in July

In July 2018, the volume of industrial output grew 6.2% year-on-year, according to a first estimate of monthly data from...

Competition

How Digital Does Hungary Rank?

A snapshot from the EU’s 2018 Digital Economy and Society Index of the progress Hungary has made, and where it...

Deals

Trying to Solve the IT Skills Shortage

That there is an acute shortage of IT professionals in Hungary is nothing new. The way the industry is trying...

Incubators

Disruptive IT Education: Strictly á la Carte Please

Coding alone is way too little out there; the IT sector increasingly needs techies with solid business skills. A Europe-wide...

Automotive

Wallis to open premium used car salon in Budapest

Wallis is set to open a premium used car salon in Budapest this fall, where customers will have access to...

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...