Business

Telco

Several new investments unveiled on Friday

Several companies inaugurated new facilities in Hungary last Friday. The Hungarian government contributed with grants to some of the investments,...

Deals

Granit Polus names new head of international investments

With extensive management and director-level experience in property and asset management, Simona Ioana Ion has been promoted to head of...

Sustainability

Hungarians target more expensive homes, says research

Within one year, the demand for new and renovated homes has significantly grown in Hungary. Cheap credit and state subsidies...

Telco

MNB allots more than HUF 116 bln at EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted a combined HUF 116.4 billion of swaps against euros at a tender on...

Retail

Tesco accedes to wage demands, but issues remain

Tesco submitted its report pertaining to wage demands and workforce numbers by the Monday deadline to the two bodies  representing...

Deals

Conference to discuss role of media in Russia-Europe relations

In the latest of an international series, a conference entitled “Russia and Europe: Topical Issues of Contemporary International Journalism” will...

Pharma

Wuppermann opens HUF 30 bln steel plant at Danube port

Germanyʼs Wuppermann inaugurated a HUF 30 billion steel pickling and hot-dip galvanizing plant on Friday at the port of Gönyű...

Deals

Eight new prisons to be built in two years

Public procurement procedures are under way for the construction of eight new prisons in Hungary, with the first of the...

Logistics

Business confidence stronger, consumer confidence weaker

Economic research institute GKIʼs combined gauge of business and consumer confidence rose to 5.4 points in September, up from 4.0...

Retail

Online stores must offer better services – says consumer body

A growing number of complaints have been registered by the Arbitration Board of Budapest (BBT), an independent consumer protection body,...

Deals

Hungarian ICT firms to get training for exports

The Hungarian National Trading House (MNKH) on Thursday launched an "ICT export academy" targeted at SMEs in the information and...

Pharma

Béres inaugurates HUF 3.2 bln capacity expansion

Hungarian dietary supplements maker Béres Gyógyszergyár inaugurated a HUF 3.2 billion capacity expansion Thursday at its base in Szolnok, east-central...

Competition

Chamber head acknowledges reduction in bureaucracy

Hungary has made progress in scaling back the bureaucracy businesses must deal with, but there is still room for improvement,...

Telco

Deficit approaching full-year budgeted amount

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 979.9 billion deficit at the end of August, 84%...

Telco

Samsonite opens second factory in Hungary

Luggage manufacturer and retailer Samsonite is opening its second assembly plant in Hungary, creating some 100 new jobs and manufacturing...

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...