Business

Ecosystem

CEU ‘condemns’ education law, eyes legal steps

The Central European University (CEU) has condemned Parliament’s passage of amendments to the law on higher education today, claiming the...

Automotive

Chinese BYD opens electric bus plant in Komárom

China-based automotive manufacturer BYD has announced the opening of an electric bus plant in Hungary’s Komárom through an investment of...

Automotive

New car registrations up 32.3% in March, says MGE

New car registrations in Hungary rose 32.3% year-on-year to 9,924 in March, the Hungarian Association of Vehicle Importers (MGE) said...

Deals

Invitel welcomes new content services professional

Mónika Tóth has been appointed leader of the content services team at Invitel, joining the telecommunications company from UPC with...

Telco

Alteo board proposes HUF 130 per-share dividend

The board of alternative energy company Alteo will propose to shareholders payment of a HUF 130 per-share dividend on last...

Transport

Wizz Air launches Budapest-Astana route

Hungarian low-cost airline Wizz Air today announced the launch of its new Budapest-Astana route as of June 8, twice a...

Telco

Gránit Bank pre-tax profit climbs to HUF 240 mln

Gránit Bankʼs pre-tax profit rose to HUF 240 million last year, Minister for National Economy Mihály Varga said at the...

Ecosystem

CEU rejects PM’s allegation of fraudulent operations

While the Central European University “utterly rejects” comments by Prime Minister Viktor Orbán suggesting it has been operating fraudulently, more...

Transport

Wizz Air to launch Faro route

Hungarian low-cost airline Wizz Air launches a Budapest to Faro (Portugal) route over the weekend, operating the service on Saturdays,...

Telco

Deficit as proportion of GDP was 1.7% in 2016

The deficit of the general government sector in 2016 was HUF 609.7 billion, 1.7% of GDP according to preliminary data,...

Telco

Corporate lending stock of Hungarian banks up in February

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

Telco

Retail lending stock of banks unchanged in February

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

Office Market

Váci Greens’ Building B occupancy to reach 90% in July

With the arrival of an unnamed international service provider that will rent 5,200 sqm of office space in building “B”...

Telco

CEZ announces conditional sale of 7.5% stake in MOL

Czech energy company CEZ announced this morning the conditional sale of a 7.5% stake in Hungarian oil and gas company...

Deals

BMW Hungary names new director

Massimiliano Di Silvestre has been appointed managing director at BMW Group Magyarország, taking effect from May 1, according to a...

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...