Business

Ecosystem

Economy ministry launches HUF 10 bln grant program for small businesses

The Ministry for National Economy Ministry will invite applications for HUF 10 billion in grant money to support investments at...

Sustainability

Both new dwellings and permits grow in H1

Some 46% new dwellings were built in the first half of 2017, as compared to the same period a year...

Telco

Richter Q2 profit falls on financial loss

Hungarian drugmaker Gedeon Richterʼs second-quarter net income fell 52% year-on-year to HUF 8.4 billion on a big financial loss, an...

Telco

Velux Magyarország revenue climbs 5% in 2016

Revenue of the Hungarian unit of Danish window maker Velux rose 5% to HUF 36.2 billion last year, Velux Magyarország...

Deals

MOL Group signs two-year deal with IBM

The MOL Group has selected IBM’s integrated technology services to accelerate business growth and improve its efficiency, the company said...

Competition

Áder has pardoned only two convicts so far this year

Hungary’s President János Áder had pardoned only two people by the end of June this year, while two years ago...

Sustainability

Investors spent EUR 795 mln in Hungary’s commercial real estate market in H1

After an outstanding investment market performance in 2016 with EUR 1.54 billion invested, investors have already spent EUR 795 million...

Telco

Videoton Holding revenue grew 8% in H1

Hungarian-owned electronic manufacturing service provider Videoton Holdingʼs revenue grew by 8% in the first half of the year compared to...

Competition

Hungarians have little trust in consumer complaint mechanisms

Hungarians have a high degree of trust in public authorities to protect their consumer rights, but little confidence in mechanisms...

Retail

MÁV to reward employees referring new workers

Hungarian state-owned railways company MÁV is trying to tackle its labor shortage by offering a HUF 35,000 bonus for workers...

Telco

MNB allots HUF 150 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 150 billion of one- and 12-month forint swaps against euros at a...

Deals

MOL signs EUR 110 mln Schuldscheindarlehen agreement

Hungarian oil and gas company MOL announced yesterday that it had signed a EUR 110 million Schuldscheindarlehen (SSD) Agreement, becoming...

Logistics

Business confidence improves, consumer confidence slips in July

Economic research institute GKIʼs combined gauge of consumer and business confidence rose to 4.2 points in July, a historic high,...

Telco

Digi buys Invitel retail, small business subscribers in Hungary for HUF 43 bln

Hungarian TV, telecommunications and internet service provider Digi Távközlési has agreed to buy the retail and small business clients of...

Deals

Waberer’s closes acquisition of Polish peer

Hungarian road haulage company Waberer’s has closed the acquisition of its Polish peers Link and Link Services for a combined...

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...