Business

Automotive

Industrial output up 3.4% in November, KSH confirms

In November 2017, the volume of industrial output rose by 3.4% year-on-year, according to a second, more detailed estimate of...

Telco

Purchasing power data reveal Hungaryʼs regional differences

Per capita purchasing power in Hungary was HUF 1.2 million on average in 2016, economic research institute GKI said today,...

Deals

Altera shareholders authorize max. 20-fold capital raise

An extraordinary general meeting at Altera Wealth Management Plc. has made a decision about a possible increase in the founding...

Telco

Gyulahús revenues growing steadily

Revenues of sausage maker Gyulahús, owned by the local council of Gyula (SE Hungary), rose 8% to HUF 5.7 billion...

Telco

Advance payments on EU funding lift general govʼt deficit

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,973.9 billion deficit at the end of December, the...

Deals

IT specialists, automotive engineers expect generous salaries

The minimum monthly salary expected by an experienced IT specialist in Hungary is HUF 650,000. Below this, a specialist with...

Automotive

Industrial output growth slows to 3.4% in November

In November 2017, the volume of industrial output rose by 3.4% year-on-year, according to a first estimate of monthly data...

Pharma

Richter may postpone guidance pending Esmya review

Hungarian drugmaker Gedeon Richter may hold off on guidance when it publishes fourth-quarter earnings in February if uncertainty continues surrounding...

Deals

Hungarian AI car project receives significant investment

AImotive, a self-driving technology startup headquartered in Budapest, has announced the closing of a USD 38 million/EUR 32 mln Series...

Telco

FX loans lift Hungarian corporate lending stock

Hungarian banksʼ corporate lending stock climbed HUF 86 billion to HUF 6.543 trillion in November from a month earlier as...

Deals

Patrik Molontay new owner-MD of HumanField

Following a management buyout at executive search company HumanField, Patrik Molontay, who formerly led the company as deputy managing director,...

Pharma

HUDEX takes over energy market physical futures

The HUDEX Hungarian Derivative Energy Exchange announced the launch of operations today.  Physical futures in electricity and gas, which were...

Telco

General government deficit 0.5% of GDP in Q1-Q3 2017

The deficit of Hungaryʼs general government sector in the first three quarters of 2017 totaled HUF 139.6 billion, equivalent to...

Sustainability

Real estate market set to grow further this year

Property prices will continue to grow in Hungary this year, but at a slower pace, according to real estate site...

Automotive

Suzuki leads new car sales in Hungary again

New car registrations in Hungary climbed 11% from a year earlier to 10,832 in December 2017. The most popular brand...

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...