Business

Telco

Investment fundsʼ net assets climb over HUF 6,300 bln in Q3

The combined net asset value of investment funds in Hungary rose 7.2% to HUF 6,303.2 bln in the twelve months...

Deals

Hungarian manager in regional position at Bayer AH

Balázs Aladics has been appointed Country Commercial Lead South East Europe at Bayer Animal Health. He has worked for ten...

Telco

Banks place HUF 25 bln in 3-month MNB deposits

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

Telco

Security printer ANY sees modest rise in net income

ANY Security Printing Company had consolidated net income of HUF 852 million in the first three quarters of 2017, up...

Deals

Bayer Hungária appoints head of government relations

Zsuzsanna Benyó will head the new position of government relations and communications manager at pharmaceuticals company Bayer Hungária. She will...

Telco

Gross wages up 13.6% y-o-y in September

In January-September 2017, both gross and net earnings grew to the same extent, by 12.8% compared to the corresponding nine-month...

Telco

Only one in five SMEs involved in exports – survey

Only 19% of Hungarian small- and medium-sized enterprises (SMEs) export their products, according to a survey published yesterday, commissioned by...

Telco

Ministry confirms HUF 1.418 tln deficit at end of October

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.418 trillion deficit at the end of October, the...

Telco

K&H Bank income grows even with low base rate

K&H Bank recorded net income of HUF 32.2 billion in the first three quarters of 2017, including net income of...

Telco

CIG Pannónia premium revenues, profits up

Q1-Q3 revenues from premiums of Hungarian insurer CIG Pannónia  Group rose 41% year-on-year to HUF 18.6 billion, the company said...

Incubators

UNLEASH welcomes new head of strategy

UNLEASH (formerly HR Tech World) announced the appointment of its newest member Mark Downey as head of strategy and corporate...

Deals

Konzum seeks to raise share capital to HUF 30 bln

The board of listed holding company Konzum has proposed an extraordinary general meeting on December 8, 2017, to give the...

Telco

Net household savings ratio rises for first time since 2015

Hungaryʼs rolling four-quarter net household financial savings ratio rose to 4.6% of GDP in the third quarter of 2017, up...

Pharma

Hungary performing well in creative professions

Recent research on Europeʼs Brain Business Jobs shows that some cities and countries in Eastern Europe are overtaking older EU...

Retail

Extreme Digital reports 20% rise in online Black Friday orders

Online shoppers mostly bought mobile phones, refrigerators, washing and drying machines, toys and TV sets on this yearʼs first of...

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...