Business

Pharma

Budapest ʼWhaleʼ may go on sale for HUF 11 bln

Budapest City Council will consider a proposal to sell the "Whale" (Bálna), a cultural, recreational and commercial center on the...

Transport

Wizz Air preparing for post-Brexit business

Wizz Air U.K. Ltd. announced that it has filed an application for the grant of an Air Operator’s Certificate (AOC)...

Competition

New Director at Telenor Hungary’s HR Division

As of November 1, Judit Kiss will lead the HR Division of Telenor Hungary as new HR director. Her predecessor,...

Office Market

More than EUR 1 bn transacted on the commercial real estate market

The total commercial real estate investment transaction volume in Q3 reached EUR 505 million in Hungary, pushing the 2017 year-to-date...

Retail

Online commerce growing, but problems remain

This year the growth of online commerce in Hungary could reach 20%, although many are still distrustful towards shopping on...

Retail

Family businesses face challenges in the digital age

With times and technologies changing fast, young managers taking over family businesses are confronted with generational gaps and culture change,...

Pharma

Becton Dickinson inaugurates HUF 6 bln plant

U.S. medical technology company Becton Dickinson inaugurated a HUF 6 billion plant in the industrial park of Tatabánya, west of...

Telco

Deficit 106% of full-year target at end of September

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,236.3 billion deficit at the end of September, the...

Telco

Average gross earnings up 13.2% in August

In the first eight months of 2017, both gross and net earnings grew to the same extent, by 12.7%, compared...

Pharma

Penny Market opens HUF 9 bln logistics center in Veszprém

German-owned discount supermarket chain Penny Market inaugurated a HUF 9 billion logistics center in Veszprém (i25 km southwest of Budapest)...

Sustainability

Home loan outlays jump 26% in H1

Home loan outlays rose by 26% in the first half of 2017 compared to the equivalent period of 2016, reaching...

Telco

Investment fund assets rise over HUF 6,000 bln – Bamosz

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (Bamosz) edged...

Deals

Labor shortage hits banking sector

Financial institutions are among the sectors being affected by the continuing shortage of skilled labor in Hungary. This is particularly...

Industrial

Worldʼs largest rail brake factory inaugurated in Budapest

German-owned brake maker Knorr-Bremse Rail Systems Budapest inaugurated a HUF 5.28 billion expansion at its base in Budapest on Tuesday,...

Retail

Shoppers warned to order online early for Xmas

Christmas time may not be too cheerful for those who wish to buy presents online, as the logistics sector is...

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...