Business

Office Market

Colonnade Insurance chooses Balance Loft

Colonnade Insurance is to move to the Balance Loft office building on Váci út in downtown Budapest, according to a...

Pharma

Révész Group inaugurates HUF 9 bln logistics centre

Road haulage company Révész-Nyírlog, a member of the Révész  Group, inaugurated a HUF 9 billion logistics center in Nyíregyháza, northeast...

Retail

Vodafone Hungary to seek new CEO

Alexandre Froment-Curtil, the CEO of the Hungarian unit of mobile telecommunications service provider Vodafone, will leave to become CEO of...

Industrial

Logistics base inaugurated at Páty industrial park

NIPÜF Zrt., Hungaryʼs state-owned national industrial park operator and developer, today opened a HUF 5 billion base for Swiss logistics...

Automotive

Used car sales up 4% in third quarter

Used car sales and average prices have both risen in the third quarter in Hungary. Prices have grown most for...

Telco

Kométa 99 invests HUF 1.3 bln to process byproduct

Hungaryʼs Kométa 99 Zrt. is undertaking a more than HUF 1.3 billion investment at its base in Kaposvár (190 km...

Telco

MNB allots HUF 180 bln at EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted a combined HUF 179.7 billion of swaps against euros at a tender on...

Automotive

Industrial output picks up again in August

In August 2017, the volume of industrial output rose by 6.8% year-on-year. The index adjusted for working days was equal...

Deals

Donkey Republic: smartphone bike rental comes to Budapest

Global bike-share platform Donkey Republic is bringing its service to Budapest, making it possible to rent bikes via a smartphone,...

Pharma

GE to double value of procurements in CEE region

General Electric aims to double the volume of products and services it buys from Central and East European SMEs, including...

Automotive

Ten Pao inaugurates electronics plant in Miskolc

Hong Kongʼs Ten Pao inaugurated a 2,600 square-meter electronics plant in Miskolc, northeast Hungary, on Thursday. The plant is the...

Incubators

Telenor Accelerate to boost most promising local startups again

Following last yearʼs huge success, Telenor has for a second time invited Hungarian startups to apply for mentoring and funding...

Competition

An accelerated story to remember

The 2017 edition of Telenor Accelerate offers a one-of-a-kind opportunity to the best few selected applicants. The story of one...

Telco

General govʼt deficit passes full-year target in September

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

HR

Revival of the Employee Stock Ownership Plan in Hungary

As a result of a 2015 amendment, financial institutions, insurance companies, and investment firms may launch an ESOP with the...

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...