Business

Telco

MNB allots HUF 200 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 200 billion of forint swaps against euros at tenders on Monday, the...

Ecosystem

Karsai Alba to up capacity with government grant

Karsai Alba, a manufacturer of plastic packaging for the pharmaceutical industry, will spend HUF 286 million on a capacity-increasing investment...

Telco

Investment fundsʼ net assets climb over HUF 6.1 tln

The net asset value of investment funds in Hungary rose 5% to HUF 6.105 trillion in the 12 months to...

Incubators

Nestlé Hungary launches mentor program for startups

Nestlé Hungary and Connect East Incubator have announced the winners of the HackYourCompany innovation event, who will join a startup...

Telco

Garantiqa surety stock climbs 21% in 2016

Garantiqa Hitelgaranciaʼs surety stock rose 21% to HUF 443 billion in 2016, Hungaryʼs biggest credit guarantor said on Friday, according...

Deals

Coca-Cola HBC Hungary restructures commercial branch

The commercial branch of Coca-Cola HBC Hungary is being restructured, while the company is appointing two new people to two...

Telco

PIO-21 makes buyout offer for BIF

Holding company PIO-21 has made a public buyout offer for all of the shares of the Budapest Stock Exchange-listed property...

Telco

Duna House Q1 sales jump 37% but profit edges down

Real estate company Duna Houseʼs first-quarter after-tax profit edged down 9% year-on-year to HUF 266 million, an earnings report released...

Telco

State lotto companyʼs revenue HUF 385.5 bln in 2016

Revenue of state-owned lottery company Szerencsejáték rose 10% to HUF 385.5 billion last year, it told MTI....

Transport

Wizz Air closes strong financial year

Total revenues of Hungarian low-cost airline Wizz Air increased by 10% to EUR 1.571 billion in its 2017 financial year...

Retail

Invitel Group welcomes new online chief

Dénes Éless has been named online chief at Invitel Group Hungary, taking effect from May, according to a press release...

Telco

Zwack board proposes HUF 1,050 dividend

The board of spirits maker Zwack Unicum will propose to shareholders payment of a dividend of HUF 1,050 per share...

Telco

Three-month depo stock falls further

The National Bank of Hungary (MNB) accepted HUF 175 billion of placements in its three-month deposits for banks at a...

Retail

Eisberg Hungary turns out 130 tons of lettuce a week

Eisberg Hungary produces 130 tons of salad products a week and exports almost half of it, chiefly to fast food...

Telco

Magyar Telekom buys back treasury shares

Magyar Telekom announced Tuesday it had purchased 60,426 treasury shares on the Budapest Stock Exchange (BSE) on May 22 for...

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...

Most Hungarian Construction Firms Expect Revenue Decline in 2026

Approximately 60% of Hungarian construction companies expect their revenue to fall in 2026, according to a recent survey by industry...

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...