Business

Competition

Telenor to consider parting with business in Hungary

Norwegian telco Telenor revealed on Friday it has received an "expression of interest" for its mobile operations in Central and...

Interview

V4, Croatian farm ministers approve declaration on CAP

The agriculture ministers of the Visegrád Group - Hungary, the Czech Republic, Poland and Slovakia - as well as Croatia...

Competition

Competition Office probes Magyar Telekom, Telenor

Hungaryʼs Competition Office (GVH) said Thursday it had conducted unannounced on-site probes a day earlier at the headquarters of Magyar...

Automotive

MOL launches car sharing service

Hungarian oil and gas company MOL yesterday launched its car sharing service MOL Limo in ten districts of Budapest within...

Deals

Skanska Commercial Development Europe welcomes new VP

Real estate developer Skanska Commercial Development Europe has appointed Stuart Beety senior vice president of its business development department. He...

Deals

Coca-Cola to build giant plant in Dunaharaszti

Coca-Cola HBC Magyarország is increasing by half the area of its manufacturing base in Dunaharaszti, on the southwestern outskirts of...

Competition

Hungary slipping in talent competitiveness

The Global Talent Competitiveness Index (GTCI), an annual benchmarking report compiled since 2013 that measures the ability of 119 countries...

Telco

MNB fine-tunes new interest rate swap facility

In the wake of the first tender for its new monetary policy interest rate swaps (MIRS), the National Bank of...

Telco

Merger of Vienna Insurance Group units cleared

The National Bank of Hungary (MNB) has cleared the merger of the three Hungarian units of the Vienna Insurance Group...

Telco

Hungarian Lidl staff to get 20% pay rise

The local unit of German-owned discount chain Lidl is raising the pay of its full-time staff by an average 20%...

Pharma

ContiTech inaugurates HUF 6 bln investment in Hungary

German-owned automotive components manufacturer ContiTech Magyarország inaugurated a HUF 6 billion development at its unit in Nyíregyháza (northeast Hungary) on...

Fintech

Mastercard to launch faster biometric identification

Mastercard will launch Identity Check technology next year in 37 countries, including Hungary. The new solution aims to provide faster...

Transport

Hungaryʼs Wizz Air eyes Alitalia routes

Low-cost airline Wizz Air is interested in Italy and its troubled carrier Alitalia but with certain limitations, and intercontinental flights...

Deals

General govʼt deficit confirmed at 169% of 2017 target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.974 trillion deficit at the end of December, thus...

Deals

Szentkirályi founder, Pasquales acquire PepsiCo interests

Levente Balogh, who founded the Szentkirályi mineral water brand in 2003, has teamed up with his Italian partners, the Pasquale...

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...