Business

Telco

Tender raises ‘fine-tuning’ FX swap stock to HUF 1,720 bln

The National Bank of Hungary (MNB) on Monday injected HUF 150 billion forint liquidity into the Hungarian banking system through...

Pharma

Accenture names new country managing director

Accenture has named Tomáš Volek as country managing director for Slovakia and Hungary, effective May 1. In this role, he...

Transport

AA launches direct Budapest-Philadelphia flight

Hot in the wake of the reestablishment of direct air connections from Budapest to the United States last week through...

Telco

Hiventures among most active investment funds

Hungarian state-owned venture capital investment fund Hiventures has not only closed a successful year, but has been ranked by two...

Telco

Corporate, retail lending up in March

Including bonds, the corporate lending stock of Hungarian banks amounted to HUF 6,719.2 billion in March, up HUF 78.2 bln...

Sustainability

Growth in home construction permits slows in Q1

In the first quarter of 2018, a total of 3,394 new homes were built, 65% more than a year earlier....

Telco

MOL Q1 profit falls 36% as margins shrink

First-quarter net income of oil and gas company MOL fell 36% year-on-year to HUF 60.3 billion as margins narrowed, an...

Retail

Food retail growth expected to continue

Last year revenues from food sales in Hungary grew by 2.6%, according to economic research institute GKI, and credit insurance...

Deals

Wallis enters stock exchange by acquiring Altera

The Wallis Group’s automotive trading and service provider companies will enter the Budapest Stock Exchange by acquiring control of listed...

Sustainability

Budapestʼs central districts still most desirable to live in, says survey

As in 2016, Districts 1 and 5 of Budapest remain the most desirable to live in, according to the latest...

Telco

Erste Bank Hungary earnings up 26% in 2017

Consolidated net income of Erste Bank Hungary rose 26% to HUF 54.8 billion last year, an earnings report posted on...

Telco

TakarékBank profit climbs in 2017

After-tax profit of TakarékBank, the "central bank" for Hungaryʼs savings cooperatives, rose to HUF 5.79 billion last year, almost doubling...

Deals

New appointments at Invitech

As of May, a well-known professional in the Hungarian ICT market, Csaba Bőthe, will take over the marketing and business...

Sustainability

New and resale home prices continue to grow

Average prices for new homes rose 7.2% in 2017; at the same time, prices of resale homes increased at the...

Interview

Orbán names members of new government

The roll-call of new members of the fourth government to be formed by Prime Minister Viktor Orbán - and third...

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...