Business

Telco

Corporate lending climbs, retail lending falls in December

Hungarian lendersʼ stock of corporate loans rose a little more than HUF 27 billion in December from the previous month,...

Competition

EIU: democracy further weakening in Hungary

The Economist Intelligence Unit (EIU) has released the 10th edition of its Democracy Index, a snapshot of the state of...

Transport

LOT to launch regular Kraków flights in April

LOT Polish Airlines will launch flights to Kraków from Budapest five times a week, rising to six times a week...

Competition

Telenor Hungary Q4 revenue up 7.2%

Telenor Hungaryʼs fourth-quarter revenues rose 7.2% year-on-year to HUF 40.2 billion, an earnings report released by parent company Telenor on...

Transport

Wizz Air posts record profits in third quarter

Hungarian low-cost carrier Wizz Air had revenues of EUR 421.2 million in the third quarter of its business year, ending...

Deals

Szallas.hu acquires Polish peer

Hungaryʼs Szallas.hu, an online service for booking commercial accommodation, has acquired Polish peer Spanie.pl; the two companies are expected to...

Incubators

Hungarian team wins MOL Freshhh competition

Hungaryʼs MOL Group held the live final of the 11th edition of its Freshhh student contest. The best seven international...

Pharma

Accenture expands business in Hungary

After hiring an additional 150 employees in Hungary last year, the local unit of global professional services firm Accenture is...

Pharma

Budapest to host Continentalʼs AI development center

German-owned automotive industry supplier Continental is setting up a HUF 5.5 billion software development center in Budapest that will employ...

Interview

Hungary urges farmer-friendly CAP after 2020

Hungary wants the European Union to have a simpler, more farmer-friendly common agriculture policy (CAP) in the period after 2020,...

Telco

MNB FX swap stock falls HUF 25 bln after tender

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

Deals

GVH inquiry seen having little impact on MTel shares

An inquiry launched by Hungaryʼs Competition Office (GVH) concerning suspected collusion in tenders between telcos Magyar Telekom (MTel) and Telenor...

Sustainability

Housing price growth driven by scarcity of new homes

Prices on the Hungarian housing market continued to grow in the third quarter of 2017, both for new and resale...

Deals

Forum to discuss gender pay gaps in Hungary

Although certainly not unique to Hungary, the shortfall in pay for women compared to men in numerous sectors and jobs...

Deals

GKI sticks to 3.8% GDP growth forecast for 2018

Economic research institute GKI has left its projection for this yearʼs GDP growth unchanged at 3.8% in a fresh forecast,...

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...