Business

Office Market

IMMOFINANZ rents more than 14,000 sqm of office space in Budapest

Commercial real estate firm IMMOFINANZ signed lease agreements in H1 2018 accounting for more than 14,000 sqm of its Hungarian...

Office Market

JLL, Robertson leasing agencies for Medimpex Palota

The owner of the Medimpex Palota, located in downtown Budapest, has assigned real estate agencies JLL and Robertson Hungary to...

Pharma

Hungarian Formula 1 Grand Prix highly successful

More than 210,000 attended the Formula 1  race in Hungary, which ended on Sunday. Renovation of the circuit is due...

Telco

MOL acquires bus company ITK

Hungarian oil and gas company MOL on Tuesday said it is acquiring a majority stake in bus company ITK Holding....

Sustainability

Home building permit issues down in H1 2018

The number of home building permits issued in the first half of 2018 fell 8.9% from the equivalent period a...

Office Market

Skanska brings smart building operating system to Hungary

Developer Skanska has announced a project introducing the company’s groundbreaking smart building operating system to Budapest....

Incubators

Hungarian team reaches final of Microsoft Imagine Cup

A team of young Hungarian developers has returned from competing in the final of the Microsoft Imagine Cup, one of...

Sustainability

Chinese spend HUF 40 million per home in Hungary

New home prices continue to grow in Hungary, rising by 8.8% year-on-year in the first quarter, a market survey by...

Deals

Appeninn to acquire high-value resort at Lake Balaton

Hungarian investor Lőrinc Mészáros has, through one of his companies, acquired a highly-valued property, once owned by the communist regime...

Automotive

Manufacturing a Future for Mercedes, for Kecskemét and for Hungary

With booming operations in the country – and getting very close to opening its second plant in here – Mercedes-Benz...

Sustainability

German Funds Play Central Role in Commercial Real Estate Investment Market

German institutional investors helped drive the development of Budapestʼs commercial real estate market, only to disappear from the scene in...

Automotive

German investors preparing for future challenges in automotive industry

Hungary is positioning itself to be a key proving ground of autonomous vehicles by attracting the investments of German companies....

Pharma

German Firms Continue to see Good Business in Hungary

Economically speaking, Hungary has proved a happy hunting ground for German companies, with many indicating future plans to increase investments...

Competition

Virtuous Circle and Critical Mass Pushing More Business to the Cloud, SAP Says

There has been a step change in the rate at which Hungarian businesses are switching to cloud-based services, says Balázs...

Retail

Cybersecurity, Digitalization and Millennials in CEOsʼ Focus

Big Four consultancy KPMG’s experts analyzed the state of digitalization, economic growth, and the growing influence of Generation Y on...

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...