Business

Competition

Gender Equality Index 2017: Moving forward, very slowly

According to the updated Gender Equality Index, the EU’s score has only slightly improved in the past ten years and...

Construction

Construction sector expands by a third in August

Output of Hungaryʼs construction sector rose by 36.8% in August from a year earlier, according to a first release of...

Telco

Tourism strategy focuses on sports, culture and health

The Tourism Summit 2017, held on Monday, offered a platform for the discussion of current issues and challenges impacting the...

Telco

MNB allotment of EUR/HUF swaps raises forint liquidity by HUF 16 bln

The National Bank of Hungary (MNB) allotted HUF 40.7 billion of one-month swaps against euros at a tender on Monday,...

Telco

Retail govʼt securities sales in Jan-Sept double full-year target

Net sales of forint-denominated government securities targeted at retail investors came to HUF 154.8 billion in September, after reaching just...

Telco

Hajdu group inaugurates capacity expansion

Automotive industry supplier Hajdu Autotechnika Ipari Zrt. inaugurated a HUF 2 billion capacity expansion and technology upgrade at its base...

Deals

HR leader joins PwC Hungary

Éva Bresztyenszky has returned from full-time parenting to lead PwC Hungary HR. She spent nearly ten years in various HR...

Interview

Hungary to get World Bank support on labor shortages

Confronted with major labor shortages, the Hungarian government is continuously looking for new solutions. The latest is an agreement on...

Automotive

LeasePlan gains new commercial director

László Rónai-Horst became the commercial director of LeasePlan’s Hungarian subsidiary this summer, taking up the post left vacant by CEO...

Deals

New British Embassy building officially inaugurated

The new British Embassy has been officially inaugurated in Budapest. Sir Alan Duncan, the U.K.ʼs Minister for Europe, and the ...

Telco

Banking sector liquidity down in September

Forint liquidity of Hungaryʼs banking sector fell in September from a month earlier, with the average stock of credit institutionsʼ...

Retail

Auchan to raise wages in Hungary

The local unit of French supermarket chain Auchan will raise wages of store staff by 13.6% on average from November...

Automotive

Industry gains momentum in August

In August 2017, the volume of industrial output was 6.8% higher than a year earlier based on both working day-adjusted...

Incubators

MOL launching 11th edition of Freshhh competition

MOL Group has opened a call for applications for its Freshhh 2017 talent program. The competition allows top university students...

Telco

Poli-Farbe inaugurates capacity expansion

Hungarian paint and plaster maker Poli-Farbe inaugurated a HUF 926 million capacity expansion at its base in Bócsa, southern 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...