Business

Telco

Parliament approves 2018 budget

Hungarian lawmakers approved the 2018 budget yesterday, on the last day of the spring session, with 127 MPs voting in...

Telco

Parliament approves raises to 2017 budget expenditure, revenue

Parliament yesterday voted to raise the revenue and expenditure targets of the 2017 budget by HUF 436.4 billion, according to...

Deals

About 100 investors participate at HIPA forum in New York

About 100 U.S. investors were present at an investment forum organized on Wednesday by the Hungarian Investment Promotion Agency (HIPA),...

Construction

Hungary’s construction output up 22.1% in April

Hungary’s construction output grew by 22.1% in April, compared to a low base in the same month a year earlier,...

Interview

Farage believes Orbán wants to leave EU

British Eurosceptic MEP Nigel Farage, former leader of the UK Independence Party, believes Hungary cannot be a sovereign country while...

Telco

Net sales of retail gov’t securities reach HUF 56 bln in May

Net sales of forint government securities targeted at retail investors came to just under HUF 56 billion in May, the...

Telco

MNB to hold LIRS tender on July 6

The National Bank of Hungary (MNB) said today it will hold a tender for interest rate swaps conditional on lending...

Retail

Hungarian e-tail generates HUF 427 bln in 2016

Hungary’s online retail trade generated HUF 427 billion in turnover in 2016, more than 5% of the total national retail...

Telco

Banking sector liquidity falls in May, says MNB

Forint liquidity of Hungaryʼs banking sector fell in May from a month earlier, the National Bank of Hungary (MNB) said...

Pharma

Speed-Tech inaugurates HUF 230 mln production hall

Austrian-owned Speed-Tech inaugurated a HUF 230 million production hall for warehouse system control units in Ajka (western Hungary) on Tuesday,...

Deals

State utility to hold nat’l gas, electricity distributors

State-owned utility company ENKSZ, which is operating under the new name NKM Nemzeti Közművek, will acquire 100% of the shares...

Deals

Hungary’s industrial output down 3% in April

Industrial production in Hungary dropped by 3% in April compared to the same month a year earlier, according to raw...

Deals

Gross household assets reach HUF 90 tln, says MNB

Hungarian householdsʼ gross assets reached HUF 90 trillion at the end of 2015, while the sectorʼs indebtedness remained among the...

Telco

MNB allots HUF 200 bln at one-month EUR/HUF swap tender

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

Telco

Government spent HUF 4.2 bln on anti-Brussels campaign

The Hungarian government spent slightly more than HUF 4.2 billion on its recent “Let’s stop Brussels!” campaign, which the government...

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...