Business

Office Market

GTC White House receives LEED Gold precertification

GTC White House, situated on the Váci út office corridor, has been awarded LEED Gold precertification in recognition of its...

Sustainability

Diófa closes HUF 9 bln business park transaction

Diófa Asset Management has closed the transaction for the South Pest Business Park for HUF 9 billion, with Wing Zrt....

Deals

UniCredit sells HUF 42.7 bln of NPLs

UniCredit Bank Hungary said Monday it had sold about HUF 42.7 billion of non-performing retail mortgage loans, state wire service...

Telco

Kovács Vegyesipari launches HUF 600 mln capacity expansion

Hungarian-owned automotive industry supplier Kovács Vegyesipari launched a more than HUF 600 million investment on Friday that will add farm...

Automotive

Hi-Lex Hungary launches HUF 362 mln R&D project

The Hungarian unit of Japanese automotive supplier Hi-Lex has launched a HUF 362 million R&D project in which the firm...

Deals

Budapest ranks 10th in CBRE’s investment survey

Budapest, along with Frankfurt and Munich, was ranked the tenth most attractive European city for real estate investment, according to...

Telco

Gyulahús decides to boost Asian meat exports

Gyula local council-owned meat firm Gyulahús has decided to take steps in order to boost its exports to the Far...

Deals

K&H Bank names new CEO

David Moucheron has been appointed CEO of K&H Bank and head of the groupʼs country team, pending approval from the...

Retail

Magic Lamp Foundation turns to crowdfunding

The Csodalámpa (Magic Lamp) Wish Granting Foundation has turned to crowdfunding for the first time for its latest wish-granting campaign...

Retail

NAV invests HUF 4.3 bln to prepare more PIT returns

Hungaryʼs National Tax and Customs Administration (NAV) has spent HUF 4.3 billion on the hardware and software necessary to prepare...

Competition

Gov’t puts over EUR 1 mln into national stand at CeBIT

The Hungarian government is supporting local companiesʼ presence at this yearʼs CeBIT technology fair in Hanover with HUF 340 million,...

Construction

Hungary’s construction output up 18.5% in Jan

The volume of Hungary’s construction output grew by 18.5% in January, compared to the same month in the preceding year,...

Deals

GE eyes more hires in Budapest

U.S.-based GE is planning to raise staff at its service center in Budapest by “several hundred,” according to a report...

Deals

Emirates looking to recruit pilots in Budapest

Dubai-based Emirates is looking to recruit commercial pilots in Budapest, with the Hungarian capital featuring as one leg on the...

Deals

Bourse shareholders meeting elects chairman

A general meeting of the Budapest Stock Exchange (BÉT) today elected CEO Richárd Végh chairman of the bourse, Hungarian news...

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...