Business

Transport

Ferenc Tóth wins Glider Aerobatic Champs for 5th time

Hungarian Wizz Air pilot Ferenc Tóth received the gold medal, becoming world champion for the fifth time at this yearʼs...

Deals

Holiday house market booming

The holiday houses market (covering dwellings used mainly on weekends for recreational purposes), has not expanded significantly until now. But...

Competition

Budapest ranked 70 out of 90 among best cities for tech lovers

According to a survey by U.K. industrial component supplier RS Components, Budapest ranked 70th out of 90 cities on a...

Telco

Provisions release raises CIB Bank profit

Consolidated first-half after-tax profit of CIB Bank, the local unit of Italyʼs Intesa Sanpaolo banking group, rose 25% year-on-year to...

Competition

Vodafone to seek judicial review of NMHH decision

The local unit of U.K. telco Vodafone will request a judicial review of a decision by Hungaryʼs National Media and...

Pharma

Graphisoft Hungary sales up 30% in H1

First-half sales in Hungary of Graphisoft SE, which develops building information modeling (BIM) software products for architects, interior designers and...

Deals

Konzum Group acquires MKB employee shares

Listed holding company Konzum said on Monday that it would indirectly acquire a 9.62% stake in MKB Bank from the...

Deals

Hungarians increasingly shopping with bank cards

Hungarians are using their bank cards to make purchases more frequently, thanks in part to government subsidies for point-of-sale (POS)...

Logistics

Consumer, business confidence decline in August

Research institute GKIʼs Economic Sentiment Index, a combined gauge of consumer and business confidence, declined by 3.8 points to 6.7...

Telco

Retail chains expand, small shops suffer

The Hungarian unit of French retailer Auchan projects a more than 10% increase in net turnover this year, CEO Dominique...

Deals

Prime ministerʼs son-in-law expands business rapidly

Listed property holding company Appeninn announced on Thursday that Konzum Private Equity Fund has sold all its shares in Appeninn...

Deals

Prague to host Marketing to China conference

H8 Education & Consulting, the co-producer of an e-commerce series of events for managers and executives, has announced its Marketing...

Telco

GVH reduces fines on banks for cartel activity

The Hungarian Competition Authority (GVH) on Wednesday said it is fining eight banks in Hungary a total of nearly HUF...

Sustainability

Budapest home prices skyrocket year-on-year

Compared to August last year, home prices per square meter in Budapest have risen on average 20%, but there is...

Telco

Gross wage growth reaches 11.2% in June

In January–June 2018, average gross monthly earnings amounted to HUF 324,400 and average net earnings to HUF 215,700, both growing...

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...