Business

Transport

Wizz Air to expand Budapest network further in 2018

Hungarian low-cost airline Wizz Air today announced the expansion of its Budapest capacity with the addition of two new aircraft,...

Telco

MNB accepts HUF 275 bln offers to reduce 3m depo stock, as planned

The National Bank of Hungary (MNB) accepted HUF 275 billion placements in its three-month deposits for banks at a tender...

Telco

EGLO inaugurates HUF 4 bln investment in northern Hungary

Electric light source manufacturer EGLO Magyarország inaugurated a 14,000 square-meter production hall and a 5,600 sqm automated warehouse in Pásztó,...

Pharma

Solar panel boom envisaged for Hungary

Hungary could launch HUF 500 billion worth of solar panel investments as potential investors applied for licenses for a combined...

Telco

General gov’t runs HUF 213.4 bln deficit at end of May

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 213.4 billion deficit at the end of May, the...

Pharma

Siemens lays cornerstone of HUF 10 bln turbine blade plant

German engineering giant Siemens laid the cornerstone of a HUF 10 billion turbine blade plant it is building at the...

Telco

Real wages in Hungary up 9.2% in Jan-April

Along with a 2.5% rise in consumer prices compared to the corresponding period of the previous year, real earnings in...

Retail

Wabererʼs founder to revoke brand name from new owner

György Wáberer, the founder and former CEO of Hungarian logistics and haulage firm Waberer’s, Tuesday announced he would revoke the...

Telco

MNB caps 3M depo at HUF 300 bln, holds base rate

The Monetary Council of the National Bank of Hungary (MNB) set a HUF 300 billion limit on the stock of...

Pharma

Energy firm Alteo to launch R&D project for HUF 1.1 bln

Budapest-listed alternative energy company and trader Alteo said it will launch an almost HUF 1.1 billion research and development project...

Telco

Investment fund assets up 0.7% in May, says BAMOSZ

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

Telco

Saga Foods to spend HUF 600 mln on developments this year

Sága Foods, the Hungarian unit of British turkey processing company the Bernard Matthews group, plans to spend HUF 600 million...

Transport

Wizz Air celebrates 5th anniversary at Debrecen base

Having taken off for London-Luton on June 18, 2012 for the first time from Debrecen, Hungary’s low fare airline Wizz...

Telco

Favorable financing environment lifts farm investments

Hungarian farmersʼ investments rose sharply, albeit from a low base, in the first quarter, lifted by low interest rates and...

Competition

Hungarians rate democracy 2.7 on a scale of five, research says

Hungarians rate the state of democracy in the country at 2.7 on a scale from one to five, where one...

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...