Business

Telco

Hungarian securitiesʼ market value falls in May, says MNB

The amount of outstanding equity and debt securities issued by Hungarian residents was HUF 43.145 trillion at market value at...

Telco

Gov’t reallocates HUF 22.4 bln from budget reserves

The government is reallocating HUF 22.4 billion in reserves earmarked for "extraordinary government measures" in this yearʼs budget, a resolution...

Deals

Tesco commits to double-digit wage rises in 2017

In an apparent response to news earlier this week that workers will demonstrate Saturday and may subsequently call a strike...

HR

Business leaders to march together at Budapest Pride

This year for the first time, some 100 business leaders will march together at Budapest Pride, at the initiative of...

Transport

LOT to launch direct flights to New York, Chicago

Polish flag carrier LOT will launch direct flights from Budapest to New York and Chicago next summer, the companyʼs CEO...

Telco

Auchan Magyarország sales up 3.8% last year

French-owned hypermarket chain Auchan Magyarország recorded HUF 350 billion in sales revenues in 2016, 3.8% more than in 2015, the...

Pharma

Instant noodle maker Nissin inaugurates EUR 33 mln expansion

Japanese instant noodle maker Nissin inaugurated a EUR 33 million plant at its base in Kecskemét on Thursday, state news...

Retail

Russian embargo hurts Hungary less by year

Businesses in Hungarian agriculture are not expecting market mayhem due to the Russian embargo on EU food products extended until...

Office Market

Cushman & Wakefield represents BlackRock at GTC White House

Cushman & Wakefield has represented BlackRock, the world’s leading asset manager, in its 3,500 square-meter office lease transaction at GTC...

Transport

Wizz Air debuts new mobile app

Hungarian low-cost airline Wizz Air announced today the launch of its all-new mobile application which is available for all Android...

Telco

General govʼt runs HUF 911.2 bln deficit at end of June

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 911.2 billion deficit at the end of June, preliminary...

Deals

Wabererʼs shares trade for first time on Budapest bourse

Shares of Hungarian road haulage and logistics company Wabererʼs International traded at HUF 5,165 on the Budapest Stock Exchange around...

Automotive

Industrial production up 8.8% in May

In May 2017, the volume of industrial output rose by 8.8% year-on-year, according to a first release of data from...

Automotive

SMEs see revenue climbing almost 9% in next 12 months

Hungarian SMEs expect their revenue to rise 8.5% in the coming 12 months, according to a quarterly gauge of confidence...

Automotive

Rosatom again calls tender for Paks turbines

A tender to deliver turbines for new blocks at Hungaryʼs Paks nuclear power plant has again been called, AO IK...

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...