Business

Construction

May construction output up 15.1%

The volume of construction output in Hungary was 15.1% higher in May 2018 than a year earlier, based on monthly...

Deals

Opus Global to acquire controlling stake in 4iG

Listed holding company Opus Global announced Wednesday afternoon it has reached agreements with shareholders of 4iG to acquire just over...

Retail

End of grace period for online invoicing nears

The grace period for online invoicing in Hungary ends on July 31, with the regulation having come into effect from...

Telco

Banking sector liquidity narrows in June

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

Deals

Wabererʼs issues profit warning

The board of road haulage company Wabererʼs International has adjusted its outlook for the year 2018 and now expects full-year...

Transport

Record summer expected at Ferenc Liszt Airport

Last year passenger traffic at Ferenc Liszt International Airport in Budapest reached a record number of 13.1 million. According to...

Automotive

KSH confirms near-stagnant industrial output in May

In May 2018, the volume of industrial output grew by just 0.4% year-on-year, the Central Statistical Office (KSH) reported in...

Office Market

Cordia starts 1,300-apartment development in Budapest

Cordia, the residential subsidiary of the Futureal Group, has announced its entrance onto Budapest’s District 9 market with a 1,300-apartment...

Retail

KPMG Hungary surveys growth, digitalization, jobs

Experts at Big Four consultancy KPMG analyzed the state of digitalization, economic growth, and the growing influence of Generation Y...

Competition

EU regulation boosts Hungarian data roaming usage

According to research by Telenor, data usage by Hungarians while visiting other European countries has grown exponentially since the introduction...

Telco

Hungarian SMEs positive about future growth

A representative survey by UniCredit Bank  and Inspira Research has found that the vast majority of Hungarian SMEs believe their...

Automotive

No Altera shareholder accepts Wallis buyout offer

None of the shareholders of holding company Altera had offered their shares to Wallis Asset Management by the July 9...

Retail

Unique Footwear Store Opens in Budapest

Footshop, a specialist regional shoe store offering exclusive sneakers, has opened its first outlet in Budapest. According to a press...

Telco

Investments high among venture capitalists, retail investors

In the first quarter of this year, venture capital investments worth a total of over HUF 1.34 billion were carried...

Pharma

Richter acquires fertility drug rights for U.S. market

Gedeon Richter Plc. has announced the conclusion of a sale and purchase agreement with Swiss corporation Fertility Biotech AG to...

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...