Business

Telco

Net sales of retail govʼt securities HUF 2.5 bln in November

Net sales of forint-denominated government securities targeted at retail investors came to HUF 2.5 billion in November, bringing the total...

Retail

Following Lidl, Spar may take over CBA stores

Local supermarket chain CBA is likely to shrink on the Hungarian market, following the handover of several stores by owner...

Telco

MOL to launch car sharing service next year

National oil and gas company MOL will start a new car sharing service in Budapest from next year. Customers will...

Telco

Investments declining in SME sector

Hungaryʼs small and medium-sized enterprises (SMEs) employed close to two million people last year, contributing 43% of added value, 42%...

Telco

Banking sector liquidity down in November

Forint liquidity of Hungaryʼs banking sector fell in November from a month earlier, mainly reflected in declines in the average...

Automotive

KSH confirms accelerated industrial output in October

In October 2017, the volume of industrial output rose by 7.6% year-on-year, according to a second estimate of data from...

Deals

Konzum ups capital for insurance, hotel investments

Holding company Konzum aims to acquire a 24.85% share in insurer CIG Pannónia by raising capital at the insurer through...

Telco

Videoton to build new production facility in Székesfehérvár

Electronics manufacturer Videoton EAS on Tuesday laid the cornerstone for a HUF 5 billion production hall in Székesfehérvár. The company...

Telco

SMEs begin applying for funds for tech development

Micro and small and medium-sized enterprises (SMEs) may submit applications from today for a total of HUF 17 billion in...

Telco

Tender raises ‘fine-tuning’ FX swap stock to HUF 1,506 bln

The National Bank of Hungary (MNB) injected a gross HUF 75 billion, or net HUF 50 bln, forint liquidity into...

Telco

ÁKK accepts no bids at six-week T-bill auction

The Government Debt Management Agency (ÁKK) planned to sell HUF 30 billion of discount six-week T-bills at a liquidity auction...

Automotive

Agriculture delivers ‘average’ performance in 2017

The volume of agricultural output decreased by 6.1% in 2017, with crop production down 8.6% and livestock production 3.2% lower...

Telco

Hungarians spending more on life insurance

Insurance companies registered a significant increase in revenues from life insurance in Q3, while the expenses connected with them barely rose....

Deals

Deficit above 140% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.639 trillion deficit at the end of November, lifted...

Deals

GE layoff numbers set for Hungary

Following the recent announcement that it would lay off 12,000 employees worldwide, GE has now made public its plans for...

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...