Business

Sustainability

New home prices up 8.2% in Q1

Continuing a trend of more than four years, average new home prices rose 8.2% in the first half of 2017,...

Deals

Rosneft eyeing MOL stake in INA

Russiaʼs state-owned oil and gas company Rosneft could take MOLʼs place as a stakeholder in Croatian peer INA if Croatiaʼs...

Automotive

MOL acknowledges EC approval of investment aid

Hungarian oil and gas company MOL on Thursday acknowledged the European Commissionʼs authorization of EUR 131 million of investment aid...

Pharma

Bridgestone opens HUF 85 bln expansion

Following an announcement made in February this year, Japanese tire maker Bridgestone inaugurated the expansion of its plant at Tatabánya,...

Deals

Heineken refutes report of talks to sell Hungary base

Heineken has denied a report that it is in talks with Transylvanian craft brewer Lixid Project on the sale of...

Automotive

EV charging stations continue to proliferate

Charging stations for electric vehicles are rapidly spreading across Hungary. Prices of electric vehicles are still high, but are expected...

Pharma

Itron inaugurates HUF 2 bln facility

Itron Holding Hungary, the local unit of U.S. technology service company Itron, inaugurated a HUF 2 billion center of excellence...

Telco

Banks place HUF 25 bln in MNB three-month depos

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

Automotive

Brussels clears state aid for MOL investment

The European Commission on Wednesday cleared the provision of EUR 131 million in state aid for an expansion of oil...

Interview

Labor market needs pensioners: a familiar refrain

The Hungarian labor market will increasingly need workers above the age of 55 and the government supports companies in hiring...

Telco

MNB raises forint liquidity via swap tender

The National Bank of Hungary (MNB) allotted HUF 50 billion of one-month swaps against euros at a tender on Monday,...

Interview

MNB policy-makers keep base rate on hold

The Monetary Council of the National Bank of Hungary (MNB) decided to keep the central bankʼs key rate on hold...

Logistics

Business confidence weakens in October

Economic research institute GKIʼs combined gauge of consumer and business confidence fell to 4.2 points in October, from 5.4 points...

Retail

Research shows online shoe sales rising

During the last six months, Hungarians bought on average 2.3 shoes. According to data released by market research company GfK,...

Telco

5G likely to fuel huge business potential

Fifth-generation networks (5G) will not be available any time soon, but preparations are under way. Ericsson and Magyar Telekom recently...

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...