Business

Office Market

OTP to buy Budapest MOM Park complex

OTP Real Estate Investment Fund announced its intent to buy MOM Park. The transaction is pending approval by the competition...

Automotive

Record sales of second-hand cars in Hungary

The second-hand car market in Hungary reached a new record high in the second quarter. The most popular brand is...

Telco

Average gross earnings over 10% higher year on year

Average gross earnings were 10.9% higher in May than a year earlier, amounting to HUF 327,500, the Central Statistical Office...

Retail

Technology Investments Leading Growth of Online Customer Experience, but People are Still King

The increasing importance of “customer experience” is undoubtable nowadays as customers are becoming more connected, and influence each other to...

Deals

Tourism no Longer Unloved or Unwanted. Mostly

When I first arrived in this country, tourism seemed to be an area largely ignored by the governments of the...

Office Market

Wing to Develop evosoft Hungary Headquarters

Wing is developing a new 22,000 sqm Budapest headquarters for evosoft Hungary, 100% owned by Siemens, in order to consolidate...

Office Market

GTC Delivers White House Project

GTC Hungary has officially opened its new Budapest office development, the 21,500 sqm GTC White House in the Váci corridor,...

Office Market

Budapest Waterworks moves headquarters to Blue Cube

Real estate investment firm S IMMO Hungary has completed a lease agreement with Fővárosi Vízművek (Budapest Waterworks), under which the...

Telco

OTPʼs Simple logs over 146 years of parking time in H1 2018

OTP Mobil’s payment solutions registered a record semester in the first half of 2018, with Simple by OTP doubling its...

Retail

Penny Market offers Hungaryʼs first gas cylinder vending machine

Discount supermarket chain Penny Market has put Hungary’s first “Palackomat” gas cylinder vending machine, open 24/7, into operation, allowing customers...

Retail

MKB boasts new digital system

Commercial bank MKB announced on Tuesday the full replacement of its core banking system, the retirement and consolidation of roughly...

Retail

Hungarians spend HUF 2,900 per day in stores

Spending per capita is expected to grow further this year in retail stores, but this does not help small stores...

Deals

Opus Global to become 100% owner of KALL Ingredients

Listed holding company Opus Global will become 100% owner of KALL Ingredients with the news that László Kárpáti, the founder...

Interview

Council recommends Hungary make structural adjustment

The EUʼs Economic and Financial Affairs Council (ECOFIN) recommends that nominal growth in net primary government expenditure in Hungary should...

Deals

OTP named Euromoneyʼs ‘Best Bank’ in CEE, Hungary

U.K. monthly business and finance magazine Euromoney has named OTP Bank the “Best Bank” in both Hungary and the CEE...

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...