Business

Pharma

Nextent-led consortium wins over HUF 600 mln in EU R&D funding

A consortium led by Hungaryʼs Nextent Informatika has won HUF 608 mln in European Union funding for the development of...

Telco

MTel Q2 profit edges up to HUF 10.9 bln

Magyar Telekomʼs second-quarter after-tax profit edged up 2% year-on-year to HUF 10.9 billion, lifted by lower taxes, an earnings report...

Sustainability

Home loan outlays at multi-year high in June

Hungarian banks signed contracts for HUF 66.8 billion of new home loans in June, 37.4% more than in the same...

Interview

Rate-setters stand by position on monetary policy

The Monetary Council of the National Bank of Hungary (MNB) reiterated its position to keep the central bankʼs key rate...

Telco

HUF 9 bln in support for Vojvodina economic development

An economic development program for Vojvodina targets the farm and tourism sectors as well as SME developments, aiming to reverse...

Telco

Banksʼ corporate lending stock slightly down in June

The corporate lending stock of Hungarian banks edged down in June from the previous month, fresh data from the National...

Telco

Retail lending stock of banks edges up in June

The retail lending stock of Hungarian banks was up in June compared to the previous month, fresh data from the...

Competition

Telenor launches Digital Welfare mobile internet package

Telco Telenor launched a government-initiated internet service package Tuesday tailored for people who are still not online, state news agency...

Automotive

New car registrations climb almost 16% in July

New car registrations in Hungary climbed 15.8% from a year earlier to 9,336 in July, the Hungarian Association of Vehicle...

Telco

MNB allots HUF 100 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 100 billion of one and three-month forint swaps against euros at a...

Telco

Magyar Telekom exits retail energy market

Magyar Telekom has announced its withdrawal from the retail electricity market, effective November 1, 2017, according to state news wire...

Telco

Hungary’s vehicle gas sales increase 3% in H1

Vehicle gas sales in Hungary were up by more than 3% in the first half of the year, compared to...

Deals

Konzum takes over HUF 11.9 bln real estate fund from Diófa

Konzum Investment Fund Management has agreed to take over the HUF 11.9 billion real estate fund of peer Diófa, pending...

Deals

Erste Real Estate Fund buys Buda’s Krisztina Palace

Krisztina Palace, a landmark office building of the Buda side, was sold to Erste Real Estate Fund by Union Investment,...

Retail

Last Marks & Spencer closes in Hungary

British retailer Marks & Spencer closed its last store in Hungary on Saturday, one day sooner than planned, as all...

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...