Business

Office Market

Central Buda popular among office tenants

The office building vacancy rate has been continuously diminishing in the Central Buda area of the capital, reaching 4.6%, the...

Telco

Tesco agrees average 10% wage hike

Supermarket chain Tesco has reached an agreement with workersʼ unions on overall average wage hikes of close to 10% from...

Competition

Internet subs climb on mobile plans

The number of internet subscriptions in Hungary rose 5.6% year-on-year to 9.4 million in the third quarter, a summary of...

Automotive

Industrial output climbs 7.6% in October

Hungaryʼs industrial output rose 7.6% year-on-year in October, the Central Statistical Office (KSH) said in a first reading of monthly...

Telco

Tender raises ‘fine-tuning’ FX swap stock to HUF 1.455 tln

The National Bank of Hungary (MNB) injected a gross HUF 100 billion or net HUF 50 bln forint liquidity into...

Telco

Retail lending stock of banks edges down in October

The retail lending stock of Hungarian banks was down in October compared to the previous month, fresh data from the...

Competition

Budapest among best-performing European cities

Budapest has been ranked third in a Best-Performing Cities index for Europe, released by U.S.-based independent economic think tank the...

Telco

Hungarian banksʼ corporate lending up slightly in October

The corporate lending stock of Hungarian banks edged up in October from the previous month, according to fresh data from...

Automotive

ÁKK sells HUF 40 bln of six-week T-bills, over plan

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of discount six-week T-bills at a liquidity auction on Monday,...

Pharma

Government to purchase ‘Whale’ commercial center

The Hungarian government will purchase the "Whale" (Bálna) cultural, recreational and commercial center on the banks of the Danube from...

Pharma

Richter chairman gets state award

President of the Republic János Áder on Wednesday decorated Erik Bogsch, the chairman of drugmaker Gedeon Richter, with the Order...

Deals

Magyar Posta, Mid Europa bid for Romanian courier

Magyar Posta, Hungaryʼs state-owned postal services provider, is among three companies shortlisted for the acquisition of Romanian courier company Urgent...

HR

Labor-related irregularities on the rise

The Ministry for National Economy has revealed labor-related legal infringements at more than 70% of companies inspected in the first...

Deals

SEED appoints Business Development Director

The School for Executive Education and Development (SEED), based in Budapest, has appointed András Kárpáty as Business Development Director, according...

Competition

Chinese SMEs in Hungary decreasing

While the Hungarian government has been making significant efforts to bring Chinese investments and companies to Hungary, statistics show that...

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...