Business

Deals

State to sell stake in Granit Bank

The state of Hungary will sell its 36.5% stake in Granit Bank, Minister for National Economy Mihály Varga said yesterday,...

Office Market

Rail Cargo moves to almost fully let Nordic Light

Nordic Light’s occupancy rate has reached 98% with Rail Cargo Hungaria Zrt., part of Europe’s second largest rail forwarding company,...

Telco

Gen’ gov’t deficit reaches 78% of full-year target in June, ministry confirms

Hungaryʼs cash flow-based general government deficit reached HUF 911.2 bln at the end of June, 78.1% the full-year target, the...

Transport

Wizz Air promotes two managers to executive board

Two members of the management of Hungarian low fare airline Wizz Air have been promoted to the firm’s executive team,...

Transport

Wizz Air welcomes new deputy CEO

Stephen Jones has been appointed executive vice president and deputy CEO at Hungary’s low fare airline Wizz Air, taking effect...

Telco

MNB three-month depo stock remains level after tender

The National Bank of Hungary (MNB) accepted placements of HUF 50 billion in its three-month deposit at a tender yesterday,...

Telco

Gov’t earmarks HUF 600 mln for new independent gambling watchdog

Hungaryʼs government has approved more than HUF 600 million in personnel and one-off costs towards establishing an independent gambling oversight...

Retail

Shelfie aims to break glass ceiling of design furniture

Hungarian startup Shelfie aims to revolutionize how the youth thinks about furniture, as the creator wishes to offer an alternative...

Deals

ÁKK mandates Bank of China, HSBC for China’s ‘panda’ bond

Hungaryʼs Government Debt Management Agency (ÁKK) has mandated Bank of China and HSBC to organize an issue of yuan-denominated "panda"...

Transport

Wizz Air to drop hand luggage fee from October

Hungary’s low cost airline Wizz Air announced today that it will no longer charge passengers an additional fee to bring...

Pharma

EC approves Richter’s Reagila treatment

Hungarian drugmaker Gedeon Richter announced this morning that the European Commission (EC) has granted marketing authorization to Reagila (cariprazine), a...

Telco

Hungarian investment fund assets up 0.4% in June, says BAMOSZ

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

Deals

MNB fines insurance broker for not cooperating with arbitration board

The National Bank of Hungary (MNB) today said it levied a HUF 200,000 fine on insurance broker CLB Független Biztosítási...

Deals

Net sales of retail gov’t securities reach HUF 89 bln in June

Net sales of forint denominated government securities targeted at retail investors came to HUF 89 billion in June, bringing total...

Telco

Agro Line spends HUF 490 mln on equipment to increase capacity

Parts and machinery components manufacturer Agro Line has spent HUF 490 million on purchasing equipment to increase production capacity, managing...

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...