Business

Industrial

New additions help close gap on warehouse market

With the Hungarian industrial and logistics market recording high demand for an increasingly limited supply of well-located, quality space, warehouse...

Retail

In executive search, family firms prefer to keep it in the family

Few owners of family businesses in Hungary consider selling their company when the issue of a generation shift arises within...

Telco

Hungaryʼs Tungsram eyes annual revenue of USD 1 bln in ten years

Jörg Bauer, who agreed in February to buy the lighting business of General Electric (GE) in the Middle East, Africa...

Telco

Kopint-Tárki leaves 2018 GDP growth forecast at 4.0%

Economic research institute Kopint-Tárki said on Wednesday it is leaving its forecast for Hungaryʼs GDP growth this year unchanged at...

Deals

Konzum to acquire hotels in Hungary and Austria

The board of listed holding company Konzum has approved the acquisition of a spa in Egerszalók (NE Hungary) and two...

Automotive

New car registrations climb 29% in March

New car registrations in Hungary climbed 28.5% from a year earlier to 12,748 in March 2018, mainly attributable to high...

Telco

Deficit 2% of GDP in 2017, preliminary data shows

The deficit of the general government sector in 2017 was HUF 746.3 billion, equivalent to 2% of GDP, according to...

Incubators

Blastoff startup contest open to applicants

Startups from Central and Eastern Europe have the opportunity to participate in one of the regionʼs largest startup competitions, with...

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...

Deals

Lego sets, DIY tools best sellers in spring

As predicted before Easter, toy sales were significantly up over the holiday period, as online store Extreme Digital registered significant...

Telco

Bosch to expand transport R&D campus in Budapest

The local unit of German engineering giant Bosch will start building a new transport R&D center in Budapest in the...

Office Market

Budapest commercial property rents on the rise

Over a two-year period until the end of 2017, typical rents for commercial properties in Budapest increased by more than...

Deals

Ballooning revenues lift Konzum consolidated profits

Listed holding company Konzumʼs consolidated net profit jumped to HUF 10.3 billion last year, up from a paltry HUF 50...

Telco

Opus Global 2017 after-tax profit reaches HUF 6 bln

After-tax profit of listed holding company Opus Global reached HUF 6.0 billion last year, improving over a HUF 0.9 bln...

Retail

Blaha Lujza tér set for major facelift

The Municipality of Budapest has set aside HUF 1.8 billion from its budget for the renovation of the busy thoroughfare...

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...