Business

Transport

Budapest Airport renews contract with ParkCloud

Global online airport parking reservation provider ParkCloud has announced its contract renewal with Budapest Airport, following a lucrative two-year partnership....

Retail

KAJAHU is Food Together

Cruising in Budapest downtown, hungry city dwellers may stop by and discover a restaurant that looks like an ordinary one...

Retail

Netrisk.hu sold for EUR 56 mln

Hungarian online insurance broker Netrisk was sold in late December by Polish Enterprise Fund VI (PEF VI), a private equity...

Retail

Hungaryʼs Extreme Digital to launch courier service

With the continuous growth of online shopping, delivery is a growing challenge for online stores. Hungarian electronics webstore Extreme Digital...

Deals

Hungarian govʼt sells stake in Gránit Bank

The government has sold its stake in Granit Bank to the lenderʼs chairman-CEO Éva Hegedűs, Minister for National Economy Mihály...

Telco

Budapest Christmas fairs; a good business for exhibitors

Christmas fairs in Budapest are spectacular and a major tourist attraction in December. The organizers of the Christmas fair in...

Office Market

OTP LAB starts R&D activity in Váci 1

OTP Bank has set up a new, 450 square-meter research and development center in the historic downtown building of Váci...

Pharma

Serbia’s Pionir in talks to acquire Mondelez factory in Győr

Serbian confectionery group Pionir is in talks on the acquisition of a factory owned by U.S.-based food giant Mondelez in...

Telco

Advance payments on EU funding lift deficit

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,639.0 billion deficit by the end of November, lifted...

Industrial

Tesco plans to reduce store spaces in Hungary

Customers prefer fast shopping rather than roaming in huge spaces, and so Tesco plans to reduce its store spaces to...

Telco

Stock of 3-month deposits hits end-of-quarter target

The National Bank of Hungary (MNB) accepted HUF 25 billion of placements in its three-month deposits for banks at a...

Deals

Opus Global expands into alternative fuel

Listed holding company Opus Global said on the Budapest Stock Exchange on Wednesday that a company in which it has...

Telco

Wages in Hungary grow fast in 2017

In October 2017, average gross earnings amounted to HUF 295,800, 12.8% higher than a year earlier, the Central Statistical Office...

Deals

Konzum set to acquire majority in Appeninn Holding

Konzum Investment and Asset Management Nyrt., Konzum Private Equity Fund and Konzum Management Kft. are jointly set to acquire a...

Deals

Párizsi Udvar hotel opening suffers delay

Due to unforeseen technical difficulties, the inauguration of the new Párizsi Udvar Hotel in downtown Budapest will be delayed 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...