Business

Deals

SSCs and BSCs: An Explainer

You come across the term Shared Services Center (SSC) or Business Services Center (BSC) ever more often now. Large multi-unit...

Deals

Innovation and Tradition in Confectionery

Tradition and innovation combines well in the personality of master confectioner László Zila. He is an inventor, who continuously seeks...

Retail

Fellowes: A 100-year-old brandʼs route from movies to ergonomics

Although business machines and workplace management products manufacturer Fellowes has only been present on the Hungarian market for six years,...

Telco

MNB rate-setters set final three-month depo cap at HUF 75 bln

The Monetary Council of the National Bank of Hungary (MNB) reduced the limit on the stock of three-month deposits, the...

Deals

CPI Property Group issues European market bonds

Moody’s has assigned a first-time "Baa3" long-term issuer rating to Luxembourg-based CPI Property Group with a stable outlook. The same...

Telco

Investment fund assets flat at HUF 5,993 bln in August

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

Automotive

Electric cars may hurt Hungarian industry, says analysis

The expansion of the market in electric vehicles may have a negative impact on the Hungarian economy already within five...

Deals

South African firm buys Arena Plaza for EUR 275 mln

The second biggest shopping mall in Budapest, Arena Plaza, has been sold to NEPI Rockcastle, a South African real estate...

Telco

MNB allots HUF 25 bln at EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 25 billion of one-month forint swaps against euros at a tender on...

Telco

MNB set to reduce three-month depo stock

The National Bank of Hungary (MNB) has capped the amount of placements in its three-month deposit at a tender on...

Telco

Hunent lays cornerstone of waterfowl processing plant

Minister of Foreign Affairs and Trade Péter Szijjártó on Friday laid the cornerstone of a waterfowl processing plant being built...

Pharma

Mylan continues strategic investments in Hungary

Mylan N.V., an American global generic and specialty pharmaceuticals company registered in the Netherlands, will continue investments in its packaging,...

Telco

Revenues up, profits low at state-owned lottery company

While revenues have grown since 2015, profits show a reverse trend at state-owned lottery company Szerencsejáték Zrt. Sports betting is...

Telco

Hungarian wages continue to rise

During the last seven years, average gross monthly wages have grown significantly and reached nearly HUF 300,000, according to data...

Construction

Hungary construction sector output growth slowing

Output of Hungaryʼs construction sector rose by an annual 22.7% in July, but decreased in a month-on-month comparison, data released...

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...