Business

Industrial

Holiday home prices rising fast

Lake Balaton continues to lead in terms of the most expensive waterfront holiday homes in Hungary, with an average price...

Transport

Debrecen scales up help for tourists

Passenger numbers at Debrecen Airport (eastern Hungary) reached a monthly record of more than 45,000 in July, up 22% from...

Construction

Construction sector output climbs 28% in June

The volume of construction output was 28.2% higher in June 2018 than a year earlier based on raw data. Output...

Telco

OTP Q2 earnings better than expected

Second-quarter after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 11% year-on-year to HUF 89.5 billion as business volume...

Telco

Profit, mobile turnover up at Magyar Telekom

Magyar Telekomʼs second-quarter consolidated group net income amounted to HUF 14.5 billion, according to international accounting standards, up 40.6% from...

Sustainability

Home market ʼeuphoric,ʼ says GKI

The GKI real estate index and the Budapest index rose in July both in year-on-year terms and compared to the...

Ecosystem

Regional startup support scheme takes flight

Design Terminal, the non-profit, government-backed mentoring agency, announced today the launch of V4 Startup Force, the first startup scholarship for...

Office Market

Skanska sells Mill Park to Erste Real Estate Fund

Skanska has sold Mill Park, a two-building office project in Budapest, to the real estate fund of Erste Alapkezelő Zrt.,...

Construction

Hungaryʼs industrial output growth accelerates

Hungaryʼs industrial output rose 4.2% year-on-year in June, the Central Statistical Office (KSH) said in a first reading of data...

Deals

Government deficit reaches 109.6% of full-year target

The government deficit, which had already surpassed the full-year target in June, has increased by a further 5%. The cash...

Deals

Hungarian coupon fans spend more, more wisely

The once hugely popular coupon business still exists, but has changed dramatically. Customers today are looking for quality rather than...

Incubators

Design Terminal to bring British royal startup contest to Hungary

Prince Andrew, the Duke of York and second son of Queen Elizabeth II, has commissioned Design Terminal with organizing the...

Deals

Hungaryʼs OTP to acquire units of Société Générale

OTP Bank yesterday said it had agreed to buy a 99.74% stake in the Bulgarian unit and an 88.89% shareholding...

Telco

Financial loss weighs on MOL profits

Hungarian oil and gas company MOLʼs second-quarter revenue climbed year-on-year but net income fell 18% to HUF 72.9 billion because...

Telco

Drug maker Richterʼs earnings lifted in Q2

Second-quarter net income of Hungarian drugmaker Gedeon Richter nearly tripled to HUF 24.3 billion from HUF 8.4 bln in the...

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...