Business

Sustainability

CEE labor force to return from U.K., Colliers predicts

The U.K.’s planned 2019 exit from the EU will trigger a massive return of citizens to Central and Eastern Europe...

Office Market

InfoGroup begins development of Bartók Court II office park

InfoGroup has started development of the Bartók Court II office park, located on Bartók Béla út in the capitalʼs District...

Competition

Internet subscriptions up 8% in Q2, lifted by mobile subs

The number of internet subscriptions in Hungary rose 8.0% year-on-year to more than 9.1 million in the second quarter of...

Sustainability

Budapest landlords enjoy high returns on rented property

Gross returns on rental of residential property exceeded 7% in both Budapest and several Hungarian cities with universities. This is...

Telco

Banking sector liquidity up in August

The forint liquidity of Hungaryʼs banking sector rose in August from a month earlier, which was mainly reflected in an...

Deals

Erste Bank Hungary to merge investment, private banking arms

Erste Bank Hungary is merging its investment and private banking activities into a single division from September, Deputy CEO László...

Telco

Lázár details progress of Modern Cities program

Hungaryʼs central government has reached agreements with the countryʼs biggest cities on 260 investments worth HUF 3,388.5 billion within the...

Automotive

Declining auto sector output stalls industrial growth

Output of Hungaryʼs automotive sector, a key driver of industry in the country, fell 7.9% year-on-year in July, shows a...

Telco

Net sales of retail govʼt securities only HUF 350 mln in August

Net sales of forint-denominated government securities targeted at retail investors came to HUF 350 million in August, bringing the total...

Deals

FlixBus opens regional office in Budapest

German long-distance bus transport company FlixBus, having entered the Hungarian market last year, has recently opened a regional office to...

Competition

Equilor ups 2017 GDP growth forecast to 3.7%

Equilor Investment, an independent Hungarian brokerage, raised its projection for GDP growth this year to 3.7% on Tuesday, up from...

Telco

Hungaryʼs ICT sector revenues climb 13% in Q2

Revenues of Hungaryʼs information and communications technology (ICT) sector rose 13% year-on-year to HUF 735 billion in the second quarter,...

Deals

K&H bank card transactions growing

Retail bank card transactions through K&H Bank rose 33% in the first five months of 2017 compared to the equivalent...

Telco

SAP Hungary revenues up 20% in 2016

The Hungarian unit of business management software company SAP had revenues of HUF 28.5 billion in 2016, up 20% from...

Retail

Tesco workers call strike for two days

Employees of retail chain Tesco went on strike on Friday beginning from 4 p.m., and will strike again Saturday from...

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...