Business

Pharma

Tata expands service center, eyes more hires

The Hungarian subsidiary of Indiaʼs Tata Consultancy Services (TCS) has expanded office space by 5,000 square meters at its Budapest-based...

Deals

MTel’s board of directors elects new chairman

Magyar Telekom’s Board of Directors has elected Dr. Robert Hauber as its Chairman, who is currently Senior Vice President Finance...

Telco

Kecskemét canning firm eyes increasing production, staff

Hungarian canning firm Kecskeméti Konzerv is planning to spend HUF 1.89 billion on increasing production capacity, according to reports. The...

Deals

SCS Stahlschmidt eyes new production hall, staff

The Hungarian subsidiary of German Bowden cable manufacturer SCS Stahlschmidt is planning to expand its plant with the addition of...

Office Market

Science Park receives BREEAM In-Use ‘Very good’ qualification

Science Park in Budapest has been awarded the BREEAM In-Use “Very good” qualification once again. At the same time, renovation...

Telco

Rába AGM approves HUF 20 per-share dividend

Shareholders of automotive industry company Rába approved the boardʼs proposal to pay a HUF 20 per-share dividend on last yearʼs...

Incubators

Alex Farcet to lead NexGen Corporate Innovation Workshop

Startup Safary Budapest 2017 is organizing an English-language interactive workshop led by Alex Farcet, co-founder of F6S, Startupbootcamp and Rainmaking...

Telco

MOL AGM approves HUF 625 per-share dividend

Shareholders of MOL approved the boardʼs proposal to pay HUF 58 billion in dividends on 2016 results at the Hungarian...

Telco

Net sales of retail govʼt securities reach HUF 59.8 bln in March

Net sales of forint-denominated government securities targeted at retail investors came to HUF 59.8 billion in March, bringing the total...

Construction

Construction output grows 15.2% in February

The volume of Hungary’s construction output was up by 15.2% in February, compared to a low base in the same...

Deals

M7 CEREF buys Aerozone logistics center

Following its 2016 debut on the Hungarian market, M7 Real Estate’s Central European Fund (M7 CEREF) has increased its presence...

Telco

OTP AGM approves HUF 190 per-share dividend

Shareholders of Hungarian bank OTP approved the boardʼs proposal to pay a dividend of HUF 190 per share on last...

Pharma

MSD to invest HUF 9 bln in R&D in Hungary

American drugmaker MSD will invest HUF 9 billion in research and development operations in Hungary, MSD Pharma Hungary Managing Director...

Incubators

Startup Safary Budapest offers exclusive gala dinner

Startup Safary Budapest 2017 is organizing an exclusive dinner for investors and corporate executives, expecting to host more than 150...

Telco

BP SSC starts operations in Szeged

The new shared services center (SSC) of British multinational oil and gas company BP started initial operations in Szeged on...

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...