Business

Industrial

Prologis reports CEE figures for 2017

Logistics real estate company Prologis released its report on its activity in Central and Eastern Europe in 2017, listing nine...

Competition

Hungarian experts contribute to Winter Olympics technology

Hungarian and American software engineers of GE Healthcare developed the analytic management system for the 2018 Winter Olympic Games. Designed...

Automotive

Industrial output up 4.8% in 2017, KSH confirms

In December 2017, the volume of industrial output declined by 0.5% year-on-year. Based on working day-adjusted data, production grew by...

Sustainability

Renovated prefab homes seen as worthwhile investment

Prices between renovated and medium-quality homes in prefabricated buildings can be significant, making it worthwhile investing in such real estate,...

Pharma

Goodman building Hungaryʼs largest warehouse for Auchan

French-owned international retailer Auchan Retail will increase its commercial capacity in Hungary with a new, integrated logistics center at the...

Telco

Tender reduces MNB FX swap stock by HUF 25 bln

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will fall by about HUF 25 bln...

Telco

Richter profit plummets on financial loss, taxes

Hungarian drugmaker Gedeon Richterʼs fourth-quarter net income fell 70% year-on-year to HUF 6.6 billion, dragged lower by a financial loss...

Deals

Strabag still leads local property management market

Strabag Property and Facility Services Zrt. remains the market-leading service provider with a market share of 2.2%, a study by...

Deals

RSM names head of new M&A business unit

Professional services firm RSM Hungary is expanding its business to include a mergers and acquisitions, company assessment and financing unit,...

Deals

Few families can afford Hungaryʼs international schools

Parents in Hungary unhappy with the public education system can choose to have their children follow the courses of international...

Deals

Museum of Fine Arts offers peek of renovated Romanesque Hall

Budapestʼs Museum of Fine Arts will open its Romanesque Hall to the public, restored to its former glory after an...

Construction

Construction up nearly 30% in 2017 against low base

Construction output rose 35.0% in December 2017, albeit compared to a low base a year earlier. Output increased in both...

Telco

Richter share price drops as EMA issues Esmya caution

Hungarian pharmaceutical company Gedeon Richter said on Friday that the European Medicines Agency (EMA) has recommended temporarily restricting prescriptions of...

Competition

Moodyʼs: CEE bank CFOs expect rising credit demand

Chief financial officers at Central and East European banks expect a benign operating environment this year will support continued credit...

Telco

VAT cut set to boost fish consumption at least 10%

A VAT cut is expected to boost fish consumption by at least 10% this year, but a joint campaign by...

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...