Business

Telco

Outlays lift retail lending stock more than HUF 35 bln in May

Hungarian banksʼ outlays lifted the forint retail lending stock by HUF 35.6 billion in May, monthly data released by the...

Automotive

Budapest uses huge amount of water to cool streets

The Budapest Public Area Maintenance Company (FKF) has been roaming Budapest with twenty sprinkler vehicles in recent weeks, using a...

Deals

Budapest transport faces bus driver shortage

Labor shortages, which experts say are becoming graver than ever in several Hungarian sectors, have reached the bus drivers of...

Telco

Hell Energy inaugurates HUF 30 bln canning plant

Quality Pack, a unit of soft drink maker Hell Energy, inaugurated a HUF 30 billion canning plant in Szikszó (northeast...

Telco

MNB allots HUF 200 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 100 billion (EUR 324 mln) of one-month forint swaps against euros and...

Telco

BSE turnover down in June

Share turnover on the Budapest Stock Exchange reached HUF 237.6 billion in June, down from HUF 255.7 bln in May,...

Telco

Surplus equal to 2.0% of GDP in Q1

According to a first release of preliminary data, the general government sector had a surplus of HUF 178.3 billion in...

Telco

Hot and Cold Therm opens HUF 225 mln training workshop

Hungarian building installation company Hot and Cold Therm inaugurated a HUF 225 million training workshop at its base in Tiszalök...

Automotive

Hungary’s industrial output grows 2.7% in May

Hungary’s industrial producer prices grew by 2.7% in May, as compared to the same month a year earlier, Hungary’s Central...

Industrial

Annual prime office occupancy costs total USD 197/sqm in Budapest

Hong Kong (Central) and London’s West End topped the list of prime office occupancy costs, which come to USD 197...

Telco

Sanatmetal completes HUF 500 mln production upgrade

Hungaryʼs Sanatmetal Kft., which makes trauma implants and joint replacement prostheses, has completed a more than HUF 500 million production...

Interview

Top government officials proliferate under Orbán

The current Orbán administration in Hungary has the highest number of top officials ever, according to Hungarian daily tabloid Blikk....

Office Market

Ecodome office building construction begins

Real estate developer Redwood Real Estate Holding has recently started construction on a speculative basis of the 5,000 square-meter, A+...

Pharma

CBRE Hungary becomes a key partner of M7 CEREF I

After entering the Hungarian market in 2016, M7 Real Estate has chosen the Budapest office of CBRE to manage the...

Automotive

Schäfer-Oesterle opens HUF 130 mln production hall

The Hungarian subsidiary of Schäfer-Oesterle, a German producer of leather interiors for cars, inaugurated a 1,000 square-meter production hall in...

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...