Business

Construction

Construction output stalls in March

The volume of construction output was just 1.4% higher in March 2018 than the same month a year earlier, slowing...

Telco

OTP Q1 profit boosted by business abroad

First-quarter after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, jumped 23% year-on-year to HUF 65.1 billion, as foreign businesses...

Telco

MNB tender raises ‘fine-tuning’ FX swap stock

The National Bank of Hungary (MNB) on Friday injected HUF 19.4 billion forint liquidity into the Hungarian banking system through...

Telco

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of its monetary policy interest rate swaps (MIRS) designed to...

Competition

GVH clears Digiʼs acquisition of Invitel

The Hungarian Competition Authority (GVH) has cleared the acquisition of Invitel Távközlési Zrt. by Hungarian TV, telecommunications and internet service...

Telco

Csányi still Hungaryʼs richest, Mészáros closing in

Sándor Csányi, the agribusiness magnate and chairman-CEO of OTP Bank, remains at the top of news portal Napi.huʼs list of...

Sustainability

ECE to build EUR 200 mln shopping mall in capital

German property developer ECE on Wednesday announced plans to build a EUR 200 million shopping center in the north of...

Telco

MTel growth stable and assured, says CEO

Magyar Telekomʼs growth is stable and assured, outgoing CEO Christopher Mattheisen said at a press conference Wednesday, a day after...

Competition

Vodafone to acquire UPC Hungary

Vodafone Group Plc announced today that it has agreed to acquire UPC Hungary (excluding its Direct Home business), as part...

Automotive

Industrial production drops 2.4% in March

In March 2018, the volume of industrial output declined by 2.4% compared to last year’s high base. Based on working...

Office Market

BudaPart Gate – Gateway to the Future

As the years go by and new generations enter the world of work, employee well-being is becoming more and more...

Telco

Richter financial loss weighs on earnings

Hungarian drugmaker Gedeon Richterʼs first-quarter net income fell 30% year-on-year to HUF 14.5 billion, dragged down by financial losses even...

Deals

General govʼt deficit close to 80% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.081 trillion deficit at the end of April, the...

Office Market

The Cost of Going Green

While there is no denying that Budapest’s building stock is becoming greener (all new builds have green accreditation nowadays), it...

Office Market

Futureal Group developing ambitious Budapest office project

Futureal Group says it is developing its biggest office project in Budapest, next to Hungary’s largest multimodal transportation hub. The...

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...