Business

Deals

New personal loans reach ten-year peak in Hungary

Banks disbursed new personal loans worth HUF 111 billion in Hungary in the first five months of this year, up...

Retail

PwC expects AI to significantly boost GDP by 2030

Global GDP will be 14% higher in 2030 as a result of artificial intelligence (AI), the equivalent of an additional...

Telco

Hungary’s tobacco market lights up

The Hungarian tobacco market has been lit up and most probably will break the annual record of traffic, Hungarian daily...

Telco

Gov’t plans to reduce foreign share in state debt financing further

The government aims at financing state debt through Hungarian retail investors and from domestic savings, and to reduce the share...

Industrial

Vacancy rate on Budapest industrial property market at record low

The vacancy rate on Budapestʼs industrial property market dropped 0.4 percentage points from three months earlier to a record low...

Construction

Hungary’s construction output grows 35.4% in May

Hungary’s volume of construction output grew by 35.4% in May, as compared to the same month a year earlier, with...

Telco

Lego Manufacturing posts record revenue last year

Revenue of Lego Manufacturing, the Danish toymakerʼs Hungarian unit rose 11% from a year earlier to a record HUF 32.9...

Telco

Ceva-Phylaxia inaugurates EUR 25 mln vaccine plant

French-owned veterinary health company Ceva-Phylaxia inaugurated a EUR 25 million vaccine plant in Budapest on Wednesday, according to state news...

Office Market

Futureal Group starts construction of Corvin 5 office building

Futureal Group has started construction of the Corvin 5 office building in Budapest, according to a press release sent to...

Telco

IT Services Hungary to add 200 jobs at service center

IT Services Hungary, a member of the Deutsche Telekom group, will add more than 200 jobs at its service center...

Automotive

Industrial production up 8.8% in May

In May 2017, the volume of industrial output rose by 8.8% year-on-year, a second estimate of data from the Central...

Transport

Hungarians outdo Romanians, Poles in summer holidays, Wizz Tours says

Hungarians deem summer holidays more important compared to Romanians and Poles, booking their holidays one week earlier than last year...

Telco

MNB allots HUF 200 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 200 billion of one and six-month forint swaps against euros at a...

Competition

Telenor Hungary appoints new sales and marketing director

Gábor Piller has been appointed corporate sales and marketing director at mobile phone operator Telenor Hungary, according to a press...

Retail

Auchan Hungary announces new opening, boost of e-tail

France-based supermarket chain Auchan has announced the opening of its first supermarket in Szekszárd this August, while adding that it...

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...