Business

Pharma

INESA eyes EUR 2 mln expansion

LED lighting technology manufacturer INESA and its Hungarian subsidiary INESA Europa Kft. jointly announced plans today about expanding their commercial...

Office Market

Eskimos Chasing Seals Until new Supply Arrives

Katalin Sermer, country manager at S IMMO APM Hungary Kft., talks about the challenges facing the office market in Budapest,...

Office Market

Appreciating the Role of Service Providers

The office market in Budapest has gone through several generations of real estate development; office quality has been improving and...

Industrial

Leveraging the Up-curve for Long-term Benefit

Mátyás Gereben, country manager of CPI Hungary, talks about a historic deal, looking out for tenant satisfaction and playing a...

Transport

Wizz Air signs partnership agreement with five universities

Wizz Air, the largest low-cost airline in Central and Eastern Europe, today announced a new partnership with five universities in...

Office Market

Futureal opens Nokia Skypark building in Budapest

Property developer the Futureal Group and Finnish communications and IT giant Nokia today opened the Nokia Skypark office building, according...

Pharma

Hungarian plant seen boosting Apollo Tyres further

Net sales of India-based Apollo Tyres amounted to EUR 1.77 billion in its 2016-17 financial year ending in March, up...

Telco

Revenues, financial income push Richter Q1 profit up 71%

Hungarian drugmaker Gedeon Richterʼs first-quarter net income rose 71% year-on-year to HUF 19.8 billion, lifted by higher revenue, financial income...

Telco

General gov’t runs HUF 121.5 bln deficit at end of April

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 121.5 billion deficit at the end of April, according...

Telco

Corporate lending of Hungarian banks up in March

The corporate lending stock of Hungarian banks was up in March from the previous month as companies were net borrowers,...

Telco

Retail lending of Hungarian banks edges down in March

The retail lending stock of Hungarian banks was down in March compared to the previous month, fresh data from the...

Transport

Travel startup Beontrips launches in Hungary

Hungarian start-up business Beontrips has just launched a new travel service on the local marketplace making it possible to purchase...

Office Market

Park Atrium welcomes new healthcare tenant

The Hungarian subsidiary of an international healthcare company is moving into new office space in the Park Atrium office building,...

Competition

Bridgestone subcontractor demands late payment interest

One of the subcontractors of Bridgestoneʼs Hungarian plant is demanding late payment interest, accusing the local operation of the tire...

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...