Business

Deals

4iG shareholders reject buyout offer

No shareholders of IT company 4iG accepted the mandatory public purchase offer for remaining shares made by a consortium of...

Interview

MNB keeps base rate on hold

The Monetary Council of the National Bank of Hungary (MNB) once again decided to keep the central bankʼs key rate...

Retail

Second-hand market protects environment, says report

Private ads portal jofogas.hu has released its sustainability report, which shows that even a small second-hand products market such as...

Deals

ODELUS acquires Ukrainian business

ODELUS-Construkt Kft., a Hungarian investment and real estate development company based in Győr, northwest Hungary, announced today that it has...

Retail

Extreme Digital heads for German market

Online electronics store Extreme Digital forecasts HUF 6 billion higher revenues this year and plans to expand further on foreign...

Competition

New leadership team at Telenor Hungary

Telenor Hungary has announced its new CEO, Financial Officer, Chief Marketing Officer and Chief Corporate Affairs Officer. The mandate of...

Pharma

ADA inaugurates HUF 1.2 bln production hall

Austrian-owned furniture maker ADA Hungária inaugurated a HUF 1.2 billion production hall at its base in Körmend (western Hungary) on...

Telco

Takarék Mortgage Bank H1 profit climbs

Takarék Mortgage Bank, formerly named FHB Bank, had first-half after-tax profit of HUF 4.1 billion, improving from just under HUF...

Retail

Electronics stores dominate online retail market

As in the previous three years, Extreme Digital was again Hungaryʼs biggest online retailer last year, according to an annual...

Deals

Magyar Posta appoints new CEO

Andrea Bártfai-Mager, Hungaryʼs minister without portfolio in charge of managing state assets, has appointed György Schamschula CEO of state-owned postal...

Competition

Budapest ranks honorably on liveable cities list

Budapest is placed relatively high as a liveable city, in 34th place on a list of 140 world cities compiled...

Industrial

Rising prices lure real estate investors

The main reason for real estate acquisition in Hungary is investment, according to a recent study by real estate broker...

Telco

Banking sector liquidity narrows further in July

Forint liquidity of Hungaryʼs banking sector narrowed in July from a month earlier, which was mainly reflected in a decrease...

Automotive

KSH confirms 4.2% rise in June industrial output

In June 2018, the volume of industrial output in Hungary grew by 4.2% year-on-year, according to a second estimate of...

Deals

MOM Park sale transaction completed

Real estate developer and investment company Wing Zrt. announced on Friday the sale of the MOM Park shopping mall and...

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...