Business

Transport

Wizz Air starts new route to Moscow from Debrecen

Hungarian-based low-cost airline Wizz Air announced yesterday a new flight from its Debrecen base to Moscow. The route will commence...

Automotive

Industrial producer prices up 1.2% in July

Industrial producer prices as a whole were 1.2% higher in July 2017 than in the same month of the previous...

Automotive

Investments in construction gaining momentum

Investments in Hungary rose 26.8% year-on-year in volume terms in Q2 2017 from a low base one year earlier, the...

Telco

Corporate lending stock of Hungarian banks up in July

The corporate lending stock of Hungarian banks rose slightly from the previous month in July, as net corporate borrowing more...

Incubators

Hungarian Cricket Association holds first Corporate Day

With the dual aim of collecting funds for native Hungarian cricketers and raising the domestic profile of the world’s second...

Pharma

Hungary 5th in IBM ranking of investment job value

Hungary placed fifth on a list of top-ranking destination countries in terms of the average value of jobs created as...

Office Market

Debrecen aims to draw more SSC jobs with new office building

Local council-owned asset manager Debreceni Vagyonkezelő and construction company HUNÉP Universal laid the cornerstone of a HUF 10 billion office...

Automotive

Touted eTruck investment seems too good to be true

One of last weekʼs stories reported by the BBJ was of a huge investment project aiming to build electric lorries...

Telco

Government expands electric vehicle subsidies

The government is raising the electric vehicle subsidy threshold for corporate fleets from five to 35 vehicles, István Lepsényi, state...

Deals

Konzum makes Appeninn buyout offer at HUF 261 per share

Holding company Konzum announced its compulsory public buyout offer for all remaining shares in property company Appeninn Holding on Monday,...

Automotive

Bentley showroom opening in Budapest

Porsche Inter Auto Hungaria will start selling Bentley luxury cars next year, according to a report on news portal hvg.hu....

Telco

Govʼt raises capital of Széchenyi Venture Capital Fund

Hungaryʼs government has raised the capital of the EU-supported Széchenyi Venture Capital Fund, established by the state to invest in...

Logistics

Business confidence down, consumer confidence up

Economic research institute GKIʼs combined gauge of consumer and business confidence slipped to 4 points in August, from 4.2 points...

Deals

Konzum group to acquire dominant stake in Appeninn Holding

Konzum Investment and Asset Management and Konzum Private Equity will together acquire a 49.02% stake in Appeninn Holding, the companies...

Pharma

National Bank of Hungary to open office in New York

The National Bank of Hungary (MNB) announced on Thursday it will open an office in New York from September 1,...

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...