Business

Telco

Average earnings up more than 12% y-o-y in April

In January–April 2018, average gross earnings amounted to HUF 322,400, while average net earnings totaled HUF 214,400. Both the latter...

Deals

MOL gains access to Adriatic gas via Croatian unit

Croatian oil and gas company INA, a subsidiary of Hungarian peer MOL, will purchase Eni Croatia BV from the Italian...

Telco

Deficit 87% of full-year target, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,187.5 billion deficit at the end of May, the...

Interview

MNB keeps base rate on hold, raises GDP growth forecast

The Monetary Council of the National Bank of Hungary (MNB) decided to keep the central bankʼs key rate on hold...

Competition

Airbnb commits to more transparent pricing

The Hungarian Competition Authority (GVH) has accepted commitments made by peer-to-peer home stay network Airbnb Ireland to make changes to...

Retail

Hungarians increasingly distrust mainstream media

The Reuters Institute for the Study of Journalism has released this yearʼs edition of its Digital News Report. With the...

Industrial

Budapest tops for both wages and home prices

Although the highest wages in Hungary are paid in Budapest, this is also the city where people need to work...

Pharma

Infineon inaugurates HUF 17 bln expansion

German semiconductor manufacturer Infineon Technologies inaugurated a HUF 17 billion expansion at its base in Cegléd, central Hungary, on Monday....

Deals

Public offering of BILK shares begins Wednesday

A public offering and private placement of shares of BILK Logistics, which owns one of the biggest logistics parks in...

Retail

McDonaldʼs Magyarország profits skyrocket in 2017

Revenues of McDonaldʼs Magyarországi Étterem Hálózat, which owns the 40 McDonaldʼs fast food restaurants in Hungary that do not operate...

Deals

Revetas buys TriGranit from TPG Real Estate

Revetas, a property investment firm specializing in the Central European region, has acquired Budapest-based integrated real estate concern TriGranit from...

Retail

Sándor Demján, chairman of TriGránit, dies at 74

Hungarian businessman and entrepreneur Sándor Demján, chairman of real estate company TriGránit, died Monday evening aged 74, real estate developer...

Retail

Record sales for Praktiker in 2017

Revenues of local do-it-yourself stores operating under the Praktiker brand rose by 22% to HUF 47.8 billion last year, Managing...

Telco

ISPsʼ revenues up 12% y-o-y in Q1

Revenues of internet service providers (ISPs) in Hungary rose 12% year-on-year to HUF 59.1 billion in the first quarter, shows...

Deals

Cushman & Wakefield opens Design and Build service in Budapest

Cushman & Wakefield has expanded its portfolio in Hungary by adding what it calls a “Design and Build” platform, covering...

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...