Business

Deals

György Wáberer turns from road haulage to property

Businessman György Wáberer is plowing the proceeds from the sale of his stake in the road haulage company that bears...

Office Market

Mentor Graphics renews and expands at Infopark D in Budapest

Mentor Graphics has successfully closed a long-term lease agreement renewing its existing 837 square-meter offices and expanding by another 370...

Competition

World Bank Doing Business report benchmarks Hungarian cities

The World Bank yesterday launched a Subnational Doing Business in the European Union 2017 report that covers cities in Hungary,...

Competition

Prepaid mobile subscribers slow to reconcile data

The data of only 60% of prepaid mobile telephone subscribers in Hungary had been reconciled just three days before the...

Pharma

Takata to expand in Hungary despite parent bankruptcy

Despite its parent declaring bankruptcy in Japan and the United States, automotive firm Takata has promised to continue its capacity...

Deals

Skanska names new projects director

Mariusz Wieczorek has been appointed new Projects Director of Skanska Property Hungary, according to a press release sent to the...

Industrial

Appeninn purchases office building for HUF 500 mln

Appeninn has purchased a 3,403 square-meter new office building with a 90% occupancy rate on Frangepán utca in District 13...

Telco

MNB allots HUF 100 bln at one-month EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 100 billion of one-month forint swaps against euros at a tender on...

Automotive

Miskolc plant awaits outcome of Takata bankruptcy

Japanese car parts manufacturer Takata, the company at the center of the largest vehicle recall in history as a result...

Competition

MTel, Telenor make contingency plans for prepaid subscribers

Telcos Magyar Telekom and Telenor have said they will allow pre-paid subscribers who fail to reconcile their data by the...

Logistics

Consumer, business confidence improve in June

Economic research institute GKIʼs combined gauge of consumer and business confidence rose to 3.2 points in June, a historic high,...

Deals

BKV suspends metro train refit until contractor remedies problems

Budapest public transport company BKV said it will stop sending old metro trains for refurbishment until Russiaʼs Metrowagonmash, the manufacturer...

Interview

Hungary in ‘no rush’ to join eurozone, says Varga

Hungarian economic policy cannot abandon its long-term intention of joining the eurozone, but there is no rush, Minister for National...

Automotive

Hungary’s retail sales up 3.2% in April

Hungary’s retail sales volume increased by 3.2% in April according to raw data and, mainly due to the Easter effect,...

Ecosystem

Times Higher Education ranks CEU among top European universities

Hungary’s Central European University (CEU) has been ranked among the best 160 universities in Europe, according to The Times Higher...

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...