Business

Retail

Franchiser Diego sees revenues climb 15% in 2017

Revenues of Hungary-based flooring and curtain retailer Diego rose 15% to HUF 18.8 billion last year, the company told state...

Sustainability

Resale home market slowing in Budapest

The real estate market outside Budapest continues to grow. This year homes put up for sale increased by 5% in...

Deals

Prologis receives logistics real estate award

Prologis has been named the strongest European real estate developer brand for 2018 in the “Logistics” category at the Real...

Sustainability

K&H Bank Q1 profit climbs 30%

First-quarter after-tax profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 30% year-on-year to HUF 12.9 billion. Profits...

Competition

Hungary up to 47th in IMD World Competitiveness Ranking

Hungary has moved up five spots to 47th place in this yearʼs IMD World Competitiveness Ranking. Hungaryʼs competitiveness was boosted...

Deals

MKB Bank set to list shares on bourse in 2019

MKB Bank plans to sell a stake of between 20% and 30% on the Budapest Stock Exchange (BÉT) next year...

Telco

Zwack board proposes HUF 1,050 per-share dividend

The board of spirits maker Zwack Unicum will propose to shareholders payment of a HUF 1,050 per-share dividend on earnings...

Transport

Wizz Air net profit up 22%

Hungarian low-cost airline Wizz Airʼs net profit rose 22% to EUR 275 million in the business year ending March 31,...

Telco

Bourse after-tax profit more than doubles

The Budapest Stock Exchange (BÉT) had after-tax profit of HUF 176.3 million in 2017, more than double the HUF 72.9...

Competition

CEOsʼ heads not yet sufficiently in clouds, study finds

Digitalization and the use of cloud services are priorities for many CEOs, but they have a hard time figuring out...

Telco

Average gross earnings up over 12% y-o-y in Q1

In March 2018, average gross monthly earnings of Hungarians amounted to HUF 331,500, a 11.3% increase year-on-year, the Central Statistical...

Ecosystem

SEED Business School partners with Dutch peer

From this autumn, students enrolling and completing the 18-month part-time MBA program at Budapestʼs SEED Business School will earn an...

Telco

MNB FX swap stock to rise after tender

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will rise to around HUF 1,899 billion...

Retail

Founder Baldauf exits CBA

László Baldauf, the co-founder and owner of local supermarket chain CBA, is selling his remaining share in the company, according...

Telco

Deficit close to 80% of 2018 target, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.0814 trillion deficit as of the end of April,...

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...