Business

Pharma

Taiwanese firm to build bicycle factory in Gyöngyös

Taiwanese bicycle manufacturer Giant Global Group will build a HUF 15 billion plant in Gyöngyös (N Hungary), Levente Magyar, parliamentary...

Deals

Sanatmetal inaugurates RUB 250 mln plant in Russia

Sanatmetal, a manufacturer of high-tech orthopedic and traumatology products based in Eger, northeast Hungary, inaugurated a RUB 250 million (approx....

Telco

FuturAqua creates blockchain-based cryptocurrency

Listed Hungarian mineral water bottling company FuturAqua, based in Pécs (SW Hungary), has created an independently tradable blockchain-based cryptocurrency based...

Telco

Over HUF 100,000 needed for average standard of living

Incomes of Hungarian families vary widely, but the general perception is that income is not enough for an average standard...

Deals

MNB replacing HUF 500 banknotes

The National Bank of Hungary (MNB) today launched a new HUF 500 banknote. The new banknote will be available for...

Telco

Banksʼ corporate, retail lending stocks rise in May

The corporate lending stock of Hungarian banks was up in May from the previous month as a combined result of...

Sustainability

Household savings ratio rises; home loans at 15-year high

Hungaryʼs four-quarter rolling net household financial savings ratio rose further, to 5.5% of GDP, in the first quarter of 2018....

Deals

Survey to study diabetic lifestyles in Hungary

The Hungarian Diabetes Association is conducting a survey to try and better understand the everyday lives of diabetics. The goal...

Telco

Magyar Telekom demonstrates 5G connection in Hungary

Magyar Telekom demonstrated the first 5G connection in Hungary under real-world, non-laboratory conditions in Budapest on Monday. The technology could...

Telco

Diego opens 100th store in Hungary

Flooring, curtain and carpet retail chain Diego opened its 100th store in Hungary on June 30, in Balatonlelle (around 128...

Retail

Hungary’s online retail trade tops HUF 500 bln in 2017

According to research by eNET, the net volume of online retail in Hungary totaled HUF 545 billion in 2017, with...

Telco

Deficit-to-GDP ratio 1.1% in Q1 2018

The general government sector closed the first quarter of 2018 with a deficit of HUF 115.5 billion, equivalent to 1.1%...

Retail

Hungaryʼs online invoicing kicks in on Sunday

As of Sunday, July 1, all companies must send the tax authorities a copy of their invoices containing VAT higher...

Automotive

Industrial producer prices for Hungary grow by more than 5%

Industrial producer prices as a whole were 5.3% higher in May 2018 than in the same period of the previous...

Competition

Hungaryʼs Cellum upgrades SIM management platform

Hungarian mobile transaction company Cellum has announced upgrades to its SIM management platform for mobile network operators that, it says,...

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...