Business

Telco

Banking sector liquidity up in July, says MNB

Forint liquidity of Hungaryʼs banking sector rose in July from a month earlier, which was mainly reflected in an increase...

Automotive

KSH confirms industrial output rising 4% in June

In June industrial output in Hungary increased by 4%, following a 8.8% growth in May. Output increased 6.5% in June...

Telco

OTP second-quarter after-tax profit up 12%

OTP Bank is looking at additional acquisitions as it looks to expand in countries in which it is already present....

Construction

Hungaryʼs construction sector output up 27% in June

The volume of construction output was 27.2% higher in June 2017 than the low base a year earlier. Output increased...

Telco

Lower profit, expanding lending at CIB Bank

The first-half earnings report of Italian-owned CIB Bank shows net profit of HUF 9.5 billion. This is lower than the...

Telco

Net sales of retail govʼt securities reach HUF 143 bln in July

Net sales of forint-denominated government securities targeted at retail investors came to HUF 143 billion in July, bringing the total...

Telco

Voluntary pension fund assets rise to HUF 1,214 bln

Assets of members of Hungaryʼs National Association of Voluntary Funds (ÖPOSZ) reached HUF 1,214 billion at the end of June,...

Competition

UPC revenues up 11% in Q2

Revenues of telecom company UPC Magyarország rose 11.4% year-on-year in the second quarter, while subscriber numbers rose to 1.989 million...

Telco

Apartment rental market booming in Hungary

The number of apartments for rent has significantly grown in Hungary during the last two weeks. In Budapest, the offer...

Telco

MNB allots HUF 250 bln in EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted a combined HUF 250 billion of one, three, six and twelve-month forint swaps...

Telco

General govʼt runs HUF 816.8 bln deficit at end of July

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 816.82 billion deficit at the end of July, preliminary...

Automotive

Used car sales up 11.5% in first half

The number of used cars sold in Hungary rose 11.5% year-on-year in the first half of 2017, used car dealer...

Automotive

Industrial output increases 4.0% in June

Hungaryʼs industrial output rose 4.0% year-on-year in June, the Central Statistical Office (KSH) said in a first reading of data...

Telco

Zwack profit falls on higher payroll, marketing costs

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, fell 21% year-on-year to HUF 422 million in the first quarter...

Telco

MOL profit climbs 12% in second quarter

Second-quarter net income of Hungarian oil and gas company MOL rose 12% year-on-year to HUF 88.8 billion, an earnings report...

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...