Business

Telco

Indiaʼs SMG opens car bumper plant

Indian automotive industry supplier Samvardhana Motherson Group (SMG) inaugurated a bumper plant in Kecskemét, central Hungary, on Thursday, Hungarian news...

Telco

Retail govʼt securities sales down slightly in October

Net sales of forint-denominated government securities targeted at retail investors came to HUF 151.3 billion in October, slightly down from...

Telco

Rába Q1-Q3 profit jumps 40%

Hungarian automotive industry company Rábaʼs after-tax profit rose 40% year-on-year to HUF 716 million in the year to the end...

Deals

S&P ups MOL to investment grade

Standard & Poorʼs Global Ratings on Wednesday raised its long-term corporate credit rating for Hungarian oil and gas company MOL...

Transport

Hiventures invests in Flight Refund

Hiventures, the venture capital fund manager of the state-owned Hungarian Development Bank (MFB), has injected HUF 250 million into Flight...

Transport

Wizz Air to order 146 Airbus aircraft

Hungarian low-cost airline Wizz Air on Wednesday said it has signed a memorandum of understanding with Airbus on the purchase...

Telco

CSOK loan payouts increase in 2017

Hungarian lendersʼ payouts of government support under the expanded Home Purchase Subsidy Scheme for Families, known by its Hungarian acronym...

Telco

Banking sector liquidity down in October – MNB

Forint liquidity of Hungaryʼs banking sector fell further in October from a month earlier, indicated mainly by a fall in...

Telco

Hungarians spending more on lottery

This yearʼs revenues from the Hungarian lottery will be 5% higher year-on-year, at above HUF 145 billion, according to estimates...

Telco

Tender lifts ‘fine-tuning’ FX swap stock

The National Bank of Hungary (MNB) allotted HUF 125 billion of forint swaps against euros at a tender on Monday,...

Automotive

KSH confirms 5.4% rise in September industrial output

The volume of industrial output in Hungary rose by 5.4% year-on-year in September, according to a second release of monthly...

Construction

Industrial buildings fuel construction sector growth

The volume of construction output was 23.8% higher in September 2017 than the low base a year earlier, a first...

Pharma

Labor shortage makes winter tire changes dearer

Shifting to winter tires may become more expensive this year, according to a report in business daily Világgazdaság. Employers need...

Pharma

Nestlé opens HUF 20 bln expansion at pet food plant

Swiss-owned Nestlé Hungária inaugurated a HUF 20 billion expansion at its pet food plant in Bük, western Hungary, on Friday,...

Sustainability

Average Budapest homes price tops HUF 500,000 per sqm

House prices in Budapest exceed the level recorded at end of 2008 by 51%, but in certain regions of Hungary...

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...