Business

Competition

Employment agency sector shrinking in Hungary

While statistics show growing labor shortages in various sectors of the Hungarian economy, the number of employment agencies in the...

Telco

Elmű-Émász upgrades electricity grid

Regional electricity distributor Elmű-Émász will spend more than HUF 30 billion this year on upgrading its electricity grid infrastructure, Marie-Theres...

Deals

Appeninn continues real estate acquisitions

In two days, property holding company Appeninn has announced the purchase of 18 commercial properties currently leased by supermarket chain...

Automotive

Car sharing fills a niche in Budapest transport

Recently launched car sharing services in Budapest are experiencing healthy demand on the market. Currently there are two players, and...

Telco

General govʼt deficit 14% of full-year target at January end

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

Pharma

Szijjártó boasts record investment promotion in 2017

“The largest ever number and highest ever value of investment arrived in Hungary last year via the government’s investment promotion...

Telco

BUX climbs back after Tuesday slump

The Budapest Stock Exchangeʼs main BUX index finished up 2.3% at 39,698.10 yesterday as three of the bourseʼs four blue...

Competition

Budapest taxi drivers urge 10-15% tariff hike

Budapest taxi drivers have asked the city council to raise tariffs by 10-15% to keep up with mounting costs, business...

Transport

Ministry orders checks after Budapest airport luggage looting

The Ministry of National Development announced unscheduled checks at Liszt Ferenc International Airport in the wake of a string of...

Deals

Change in Hungarian management at S IMMO AG

As of March 1, 2018, Géza Barabás will head the subsidiary in Budapest of Austrian real estate investment firm S...

Telco

Herend Porcelain Manufactory reports lower profit

Hungaryʼs Herend Porcelain Manufactory had pre-tax profit of almost HUF 300 million on revenues of more than HUF 4.7 billion...

Automotive

Industrial output drops slightly in December

In December 2017, the volume of industrial output declined by 0.5% year-on-year, shows a first estimate of monthly data from...

Retail

Budapestʼs EuroCenter mall sold to Wing

The EuroCenter Óbuda shopping mall has been acquired by Wing Zrt., business news portal portfolio.hu reported. The real estate investment...

Telco

Affidea acquires Főnix-Med

Diagnostic imaging company Affidea Diagnosztika has acquired peer Főnix-Med, a private healthcare provider, Affideaʼs Managing Director György Leitner said at...

Telco

BUX index tracks global stock market nosedive

The Budapest Stock Exchangeʼs main BUX index was down 2.63% at 38,724.47 about 15 minutes after the opening bell on...

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...