Business

Retail

Hungarians still reluctant to shop online, Eurostat data shows

Around 39% of Hungarians shopped online during 2017, well below the European Union average of 57%, show survey data compiled...

Automotive

Ford calls for stricter regulation of used car sales

New motor vehicle sales have been picking up dynamically in Hungary, with Ford keeping its supremacy on nearly all fronts....

Automotive

More traffic, but less chaos by 2030 – says PwC report

The automotive industry will undergo radical changes by 2030, says a report by professional services firm PwC. The number of...

Competition

Hungarian consumer awareness on the rise

Consumers are better informed and place more trust in retailers, a survey by Nielsen and consultancy CP Contact found in...

Telco

Government securities popular among retail investors in 2017

Net sales of forint-denominated government securities targeted at retail investors came to HUF 1.735 trillion in 2017, bringing the total...

Pharma

Deloitteʼs Budapest Cyber Intelligence Center aims to protect businesses

To answer the growing need for managed cyber security, Deloitte has established a Cyber Intelligence Center (CIC) in Budapest to...

Telco

MNB FX swap stock unchanged after tender

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) remained practically unchanged at HUF 1.568 trillion...

Telco

Banking sector liquidity down in December

Forint liquidity of Hungaryʼs banking sector fell in December from a month earlier, which was mainly reflected in declines in...

Construction

Civil engineering drives November construction growth

The volume of construction output in Hungary was 30.7% higher in November 2017 than the low base a year earlier....

Telco

Szentkirályi-Kékkúti mineral water sales steady in 2017

Mineral water bottling company Szentkirályi-Kékkúti Ásványvíz sold 16 million more bottles in Hungary last year than in 2016, increasing annual...

Retail

All Hungarian companies must prepare for online invoicing

Beginning from July 1, taxpayers and companies that invoice in Hungary must use a system that is connected online to...

Telco

Hungary targets gross HUF 8.8 tln of securities issues in 2018

Gross issues of government securities reached HUF 9.730 trillion last year, HUF 1.647 tln over the target, the Government Debt...

Deals

Appeninn to acquire office building in central Budapest

Property holding company Appeninn said on the Budapest Stock Exchange that it plans to issue new shares to Konzum II....

Telco

Baromfi-Coop to build poultry manure processing plant

Poultry breeding company Baromfi-Coop will build a HUF 2.52 billion plant processing 60,000 tonnes of poultry manure a year near...

Office Market

C&W appointed property manager for Váci Greens D

Cushman & Wakefield has been appointed the property manager of the 15,647 square-meter Váci Greens D office building developed 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...