Business

Telco

HUF 100 bln EUR/HUF swap keeps outstanding stock unchanged

The National Bank of Hungary (MNB) allotted HUF 100 billion of one-month forint swaps against euros, in line with expiries,...

Telco

Budapest Bank profit drops, total assets rise in H1

Hungaryʼs state-owned Budapest Bank groupʼs first-half after-tax profit dropped 29% to HUF 9.9 billion, while total assets rose 5% to...

Telco

General govʼt deficit at 70% of annual target by end of July, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a deficit of HUF 816.82 billion in the first seven months...

Telco

ANY H1 profit edges down to HUF 536 mln

First-half net income of the bourse-listed ANY Security Printing Company edged down 2% compared to the same period a year...

Deals

Kinstellar advises Hiventures on Global Web Solutions investment

Kinstellar, which brands itself as Emerging Europe and Central Asia’s leading independent law firm, advised regional venture capital investor Hiventures...

Telco

More cycle paths to be completed this year

Hungaryʼs government and the National Infrastructure Development Company (NIF) have signed contracts this summer worth more than HUF 600 million...

Telco

FHB Q2 loss narrows

FHB Mortgage Bank booked a consolidated second-quarter loss of HUF 121 million, improving over a HUF 268 mln loss in...

Telco

Developers to invest in new skiing facilities

A new ski slope will start operating at Eplény, a little more than a hundred kilometers west of Budapest. Developer...

Transport

American Airlines to begin direct flights from Budapest to Philadelphia

American Airlines will begin operating direct weekly flights between Budapestʼs Ferenc Liszt International Airport (BUD) and Philadelphia International Airport (PHL)...

Telco

Assets of investment funds down 0.3% in July

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

Deals

Apple Maps now covers Hungaryʼs mass transit services

iPhone users in Hungary will now be able to use a new feature in Apple Maps, which allows them to...

Deals

National network of intermodal container terminals planned

The government plans to set up a national network of intermodal container terminals (OIKH) and would establish a 100% state-owned...

Telco

Museum of Applied Arts upgrade cleared for 2017-2021

Hungaryʼs government has cleared a plan for the reconstruction of the north wing of Budapestʼs Museum of Applied Arts and...

Telco

Hungary earmarks funds to expand road to Bratislava

Hungaryʼs government has allocated gross HUF 26.7 billion for the expansion of a road connecting the M1 motorway with the...

Telco

Gloster upgrades technology with HUF 1.3 bln investment

Hungarian fruit and vegetable preserves producer Gloster has completed a HUF 1.3 billion technology upgrade at its factory in Máriapócs...

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...