Business

Office Market

Four offices delivered in Budapest in Q4 2017

Four new office buildings were delivered to the Budapest office market in the fourth quarter of 2017, spanning 67,920 square...

Automotive

Hungary risks becoming ‘Europe’s junkyard’ for used cars

Hungaryʼs used car market saw record turnover in 2017, as sales climbed 10.9% to 687,991, used car trader Das WeltAuto...

Telco

MNB FX swaps climb HUF 43 bln after tender

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) rose a little more than HUF 43...

Deals

Special Effects announces Zsolt Kassai as general manager

Event production company Special Effects International welcomed the New Year by appointing a new general manager. After 15 years in...

Logistics

GKI: business confidence up, consumer confidence down

Compared to its historical peak at the end of 2017, economic research institute GKI’s economic sentiment index continued to rise...

Deals

Hungarian IT firm bought for estimated USD 100 mln

One Identity, the ID and access management unit of U.S.-based Quest Software, has acquired Hungarian-owned Balabit, the latter announced on...

Deals

New partner joins Amrop Kohlmann & Young

Effective from the beginning of January, Nora Ruszkai has joined leading international executive search firm Amrop Kohlmann & Young as...

Sustainability

New home prices growing steadily in Hungary

Residential real estate prices continued to grow in the third quarter of 2017, both compared to the previous quarter and...

Deals

Budapest flat rental price growth stagnates in January

According to data compiled by property listing site ingatlan.com, flats for rent in Budapest under HUF 100,000 per month are...

Telco

MNB allocates HUF 75 bln of MIRS to flatten yield curve

The National Bank of Hungary (MNB) allocated HUF 75 billion of monetary policy interest rate swap (MIRS) instruments at the...

Deals

SAS Hungary welcomes new managing director

Starting from January 1, Tibor Loncsár has taken over the position of managing director at SAS Hungary, the local office...

Deals

New issues, issuers key to stock exchange strategy in 2018

The Budapest Stock Exchange (BÉT) needs new issues and new issuers as it continues to build up Hungaryʼs capital market,...

Pharma

B. Braun Medical to invest over HUF 30 bln in Gyöngyös

German-owned B. Braun Medical Magyarország will build a HUF 30.7 billion intravenous kit plant at its base in Gyöngyös (NE...

Telco

Investment fund assets edge down in December

Total assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ)...

Deals

Smokers undeterred by fines at bus and tram stops

The law banning smoking at public transport stops seems to have failed to have its desired effect. In five years,...

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...