Business

Pharma

Bosch launches expansion of Budapest development center

German engineering giant Bosch laid the cornerstone for a HUF 37 billion expansion of its Budapest Development Center on Tuesday,...

Competition

International support for Budapest Pride march

More than 100 CEOs will march together at Budapest Pride tomorrow (Saturday). Meanwhile, the embassies of 34 countries around the...

Telco

Weak forint seen denting car imports

The weakening of the Hungarian forint compared to foreign currencies is raising the cost of importing used cars from abroad,...

Competition

Hungarian influencer marketing platform appears at VidCon

Post for Rent, a Hungarian company offering an influencer marketing platform, appeared at the U.S. video conference VidCon at the...

Deals

Hungary prepares for fourth industrial revolution

Interest in modern industrial solutions in the fields of automation, renewable energy and drive technology has grown by more than...

Deals

BILK public offering withdrawn

BILK Logisztikai Nyrt. said on Friday it has closed the private placement of its shares without any sales, and has...

Telco

MVM revenues up 28.7% in 2017

The state-owned Hungarian Electricity Works (MVM) recorded HUF 1.33 trillion net consolidated revenues last year, up 28.7% compared to 2016,...

Competition

Shrinkage of private sector seen as natural process

The Hungarian private sector is shrinking, at least in terms of the number of companies that have been launched or...

Construction

Industrial output barely grows in May

Hungaryʼs industrial output rose 0.4% year-on-year in May, the Central Statistical Office (KSH) said in a first reading of data...

Sustainability

New home shortage expected from 2021

Takarék Mortgage Bank, previously known as FHB Mortgage Bank, expects home prices to continue rising this year, but the pace...

Retail

Hungarians consider on-the-job training essential, despite lack of opportunities

According to an OTP-sponsored survey, a large portion of working age Hungarians want to learn new things at the workplace,...

Competition

Telenor launches bracelet for POS payments

Hungarian mobile service provider Telenor has launched a bracelet it calls the “Wallet”, which functions as an alternative to PayPass...

Deals

New appointments at TriGranit

Developer TriGranit has announced several personnel changes related to its new Millennium Gardens office project in Budapest. The latest arrival...

Deals

Evosoft Hungary to come under 1 roof in Budapest

Hungarian IT company evosoft, owned by Siemens, is expected to move into a new building, concentrating its operations into one...

Deals

Top 100 global corporations reach record value, China gains on U.S.

According to PwC’s latest “Global Top 100” corporate rankings, the capital value of the world’s top businesses has grown by...

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...