Business

Industrial

Budapest office space grows to 3.36 mln sqm

The total size of the Budapest office market increased to 3.36 million square meters with delivery of the next phase...

Telco

Appeninn board proposes HUF 7-per-share dividend

The board of property holding company Appeninn will propose to shareholders payment of a HUF 7-per-share dividend on last yearʼs...

Telco

Richter board proposes HUF 106-per-share dividend

The board of Hungarian drugmaker Gedeon Richter will propose to shareholders payment of a HUF 106-per-share dividend on last yearʼs...

Deals

Groupama to part with 3% stake in OTP Bank

French-owned Groupama on Wednesday said it has launched the sale of 8,260,000 shares in OTP Bank, Hungaryʼs biggest commercial lender,...

Telco

Rába board proposes HUF 20-per-share dividend

The board of automotive company Rába will propose to shareholders payment of a HUF 20-per-share dividend on last yearʼs earnings...

Deals

MKB back in profit after six years

After-tax profits at MKB Group hit the HUF 9.5 billion mark in 2016. The positive figure is due to an...

Telco

MOL board to propose 8-for-1 stock split to shareholders

The board of Hungarian oil and gas company MOL will propose an eight-for-one stock split to shareholders at an annual...

Retail

Hungary’s retail sales grow 4.8% in January

The volume of retail sales in Hungary in January was up by 4.8% according to raw data, and by 3.8%...

Telco

General gov’t runs HUF 180.4 bln surplus at end of Feb

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 180.4 billion surplus at the end of February, the...

Telco

Raiffeisen Bank profit doubles on lower risk, operating costs

Raiffeisen Bankʼs after-tax profit doubled to HUF 15.7 billion last year on lower risk and operating costs, CEO Heinz Wiedner...

Competition

Hungarians still like watching TV, KSH data suggest

Apparently Hungarians are still fond of consuming their media through television, as the number of subscriptions grew by 13.5% compared...

Office Market

Gateway Office Park welcomes new tenant

Atmedia is moving into CPI’s Gateway Office Park, on the Pest side of Árpád Bridge, where the advertising agency will...

Deals

Budapest Bank after-tax profit falls on lower interest income

After-tax profit of state-owned Budapest Bank fell 11% to HUF 13.1 billion last year, as interest income declined and the...

Interview

Hungary wants lower VAT on internet services

Hungary can only support a proposal to amend a European Union directive to allow reduced VAT rates for electronic publications...

Deals

MKB books profit of HUF 9.5 bln after years of losses

MKB Bank had consolidated after-tax profit of HUF 9.5 billion last year, following years of losses, CEO Adam Balog said...

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...