Business

Office Market

Construction starts on Budapestʼs Millennium Gardens office complex

TriGranit has announced the start of construction of its new "Class-A" office development, Millennium Gardens, which is the final element...

Construction

Hungarian construction output growth continues in April

The volume of construction output was 14.2% higher in April year on year, based on raw data released by the...

Telco

Hungarian bank profits fall in Q1

Hungarian banksʼ combined after-tax profit at the end of 2018 Q1 decreased to HUF 159.9 billion from HUF 180.5 billion...

Pharma

Hungarian summer tire market expanding

Based on forecasts, this year could bring the highest revenues in the last ten years for companies in the summer...

Telco

Banking sector liquidity rose in May

Forint liquidity of Hungaryʼs banking sector rose in May from a month earlier, which was mainly reflected in an increase...

Telco

Hungaryʼs 2019 budget submitted to Parliament

The four main goals of the budget are ensuring the security of the country, maintaining strong economic growth, supporting families,...

Retail

Concepts for circular economy emerge to keep material in use

Almost half of the world’s top 100 companies utilize the so-called circular economy to counter the wastefulness of the traditional...

Retail

Discount chains bring lower prices to Lake Balaton

The tourist season has already started at Lake Balaton, the most popular vacation destination for Hungarians. With the expansion of...

Automotive

Industrial output growth confirmed at 7.8% in April

In April 2018, the volume of industrial production rose 7.8% year-on-year, a second estimate by the Central Statistical Office (KSH)...

Transport

Qatar Airways adds four flights to Budapest

Qatar Airways will increase its flight frequency to Budapest by adding four additional flights to the Hungarian capital from August...

Retail

Hungarians vulnerable to financial risks, says MNB

A recent consumer protection report released by the National Bank of Hungary (MNB) revealed several irregularities in credit lending to...

Deals

Konzum acquires more hotels

Listed holding company Konzum announced Tuesday it has agreed to buy 100% of Ligetfürdő Kft., thus acquiring two hotels in...

Retail

Parcel delivery prices on the rise

The price growth in logistics services which began late in 2017 has continued and is expected to continue throughout this...

Retail

Retaliation against Trump’s trade war likely to affect Hungarian consumers

The European Union has responded to the tariffs levied by the United States with new taxes on American imports, propelling...

Retail

Big chains continue to dominate Hungaryʼs FMCG market

According to publicly available figures, small FMCG stores have no chance of competing with multinational chains, which are much better...

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...