Business

Industrial

Leier builds 2,500 sqm hall investing HUF 2 bln in Hungary

The Hungarian subsidiary of Austrian construction material manufacturer Leier yesterday announced it had wound up a HUF 2 billion expansion...

Telco

Duna House board proposes HUF 479 mln dividend

The board of property company Duna House will propose to shareholders payment of a HUF 479 million dividend on last...

Retail

Spar revenues up 5.2% in 2016

Supermarket chain Spar Magyarország posted HUF 516 billion revenues last year, up 5.2% compared to 2015, Managing Director Gabriella Heiszler...

Telco

MKB Bank partners with farm machinery vendors

MKB Bank signed a cooperation agreement with the Hungarian Association of Agricultural Tools and Machinery Distributors (Megfosz) on Tuesday, Hungarian...

Competition

AmCham Hungary with the Virgin Pulse Step Challenge

Beginning on May 24, employees of member companies of the American Chamber of Commerce in Hungary (AmCham) are being invited...

Telco

MNB policy-makers set HUF 500 bln limit on 3M depo for end of Q2

The Monetary Council of the National Bank of Hungary (MNB) set a HUF 500 billion limit on the stock of...

Retail

Rossmann Magyarország revenues up almost 12% in 2016

German-owned health and cosmetic products retailer Rossmann Magyarország posted HUF 68 billion revenues last year, up 11.73% year-on-year, the company...

Deals

LeasePlan Hungary welcomes new MD

Tímea Pesti has been appointed managing director of LeasePlan Hungary, one of the leading providers of operative leasing and fleet...

Telco

Rába shareholders want bigger dividend

A group of shareholders of Rába has proposed a draft resolution added to the agenda of the automotive companyʼs AGM...

Interview

MVM workersʼ union plans demo, possible strike

With two months of unsuccessful negotiations on wages having passed, the workersʼ union of the Hungarian electricity works MVM is...

Sustainability

Hungarian householdsʼ tangible assets top HUF 58 tln

Hungarian householdsʼ tangible assets, including real estate, vehicles, stakes in businesses and objects of value, added up to HUF 58.267...

Office Market

Reviving property market seems to boost Váci Corridor

Budapest’s District 13 has seen a boost in investor sentiment lately, as more than 120,000 square meters of new office...

Sustainability

40,000 families use CSOK home purchase subsidies

Some 40,000 Hungarian families have availed themselves of more than HUF 102 billion in home purchase subsidies since the government...

Logistics

Consumer, business confidence improve in March

GKIʼs combined consumer and business confidence index edged up to 0.5 point in March from 0.1 point the previous month,...

Deals

Gov’t presents development funding for ethnic Hungarians in SW Ukraine

Hungaryʼs government is informing ethnic Hungarians who live in Zakarpattia Oblast, the area of southwest Ukraine bordering with Hungary, of...

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...