Business

Pharma

Debrecen to host EUR 100 mln Continental investment

German-owned automotive industry supplier Continental will build a EUR 100 million parts plant in Debrecen, Hungaryʼs second largest city in...

Telco

Ministry confirms HUF 192.8 bln deficit at end of January

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 192.8 billion deficit at the end of January, the...

Sustainability

Higher wages, but lower chances of buying a home

The Central Statistical Office (KSH) recently reported growth in gross wages; however, this has not brought the chances of buying...

Pharma

Rehau building EUR 150 mln plant near Daimler base

Rehau-Automotive Kft., a Swiss maker of polymer products with German roots, will build a EUR 150 million car parts plant...

Telco

Fresh milk sales growing after VAT slashed

Milk and dairy products represent a growing business at supermarket chains, with annual revenues reaching nearly HUF 40 billion, reports...

Deals

New CEO at Ariston Thermo Hungária

As of this year, Gábor Pavek heads heating technology company Ariston Thermo Hungária as CEO. Pavek has been working at...

Telco

CIG Pannónia 2017 premium revenues lifted by MKB acquisition

Listed insurance company CIG Pannóniaʼs revenue from premiums rose 48% to HUF 26.0 billion in 2017, lifted by its acquisition...

Telco

MOL posts outstanding profit in fourth quarter

Hungarian oil and gas companyʼs fourth-quarter net income rose 76% year-on-year to HUF 76.6 billion, lifted by higher revenues and...

Telco

Wage growth reaches 13.5% y-o-y in December

Average gross nominal wages for full-time employees in Hungary rose 13.5% year-on-year to HUF 327,713 in December, the Central Statistical...

Telco

Tender leaves MNB FX swap stock unchanged

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will stay unchanged at HUF 1.486 trillion...

Automotive

Audi to launch HUF 6 bln R&D center in Győr

German carmaker Audi will set up a HUF 6.2 billion research and development center at its base in Győr, northwest...

Telco

UPC subscribers above 2 million in Hungary

Revenues of telecom service provider UPC Magyarország rose 9.7% last year, the company said yesterday. The company did not disclose...

Telco

MNB allocates HUF 50 bln of MIRS at tender

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

Deals

Opus shares up over 10% after equity boost annnouncement

Holding company Opus Global on Thursday disclosed a plan to raise net assets by HUF 60-80 billion through the in-kind...

Telco

Net sales of retail govʼt securities top HUF 200 bln in January

Net sales of forint-denominated government securities targeted at retail investors came to HUF 204.8 billion in January, bringing the total...

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...