Business

Deals

More Complex Roles are Coming in the SSC Sector

Budapest is still a popular location for SSCs (Shared Services Center) although due to the significant amount of government support,...

Competition

Data Protection by Design

The European Parliament and European Council adopted the General Data Protection Regulation (GDPR) last year, which will come into effect...

Sustainability

Robust Growth on Real Estate Market Destined to Continue

The overall picture couldn’t be better on the Hungarian real estate market: Capital keeps flowing in and investing promises handsome...

Office Market

SSCs Need the Right Representation to get the Right Space

From a landlord’s perspective, shared service centers make near perfect tenants given their demand for large floorplates and typically long-lease...

Industrial

New dynamics in office rental market, says C&W

According to some industry commentators, the market for office space will soon turn into a significant oversupply in Budapest. But...

Deals

GE to invest HUF 8 bln in Digital Development Center

General Electric is planning to invest HUF 8 billion in Hungary through opening a Digital Development Center here, according to...

Telco

MTel to cut staff, raise wages

Magyar Telekom (MTel) on Wednesday said it would lay off 350 staff under an agreement reached with trade unions on...

Deals

MNB clears Konzumʼs takeover bid for Appeninn

Holding company Konzum on Tuesday said the National Bank of Hungary (MNB) has cleared its public purchase offer for all...

Automotive

Maxon plant to supply NASA mission to Mars

Switzerlandʼs Maxon is building a HUF 4.2 billion expansion at its electric motor base in Veszprém, western Hungary, Minister of...

Telco

Corporate and retail lending climb in August – MNB

Hungarian banksʼ stock of corporate loans, as well as deposits, rose in August from the previous month, fresh data from...

Telco

Opus Global profits climb; listed on Prime Market

Holding company Opus Global Nyrt. booked H1 after-tax profit of HUF 2.09 billion, a marked improvement from a HUF 767...

Deals

Richter appoints new CEO; Bogsch remains chairman

The board of Gedeon Richter appointed COO Gábor Orbán as the drugmakerʼs new CEO at a meeting on Monday, Richter...

Telco

Electricity consumption reached record high this summer

According to data provided by MAVIR (the Hungarian Independent Trans­mission Operator Company), between June and August this year electricity consumption...

Ecosystem

CEU launches Romani Studies Program

By a decision of its Senate, the Central European University (CEU) launched a Romani Studies Program on August 1, 2017,...

Deals

Csaba Szende to head Eaton’s BSC in Budapest

Csaba Szende has been named as site leader/managing director of Eaton’s Europe, Middle East and Africa (EMEA) Business Service Center...

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...