Business

Retail

Serialization to entail big spending for Hungary’s pharmas

Hungary’s pharmaceutical industry, similarly to other European markets, will soon be facing “tremendous investment pressure” due to serialization becoming mandatory...

Transport

BUDPORT invests HUF 1 bln at Budapest airport

BUDPORT Handling Kft. is implementing a HUF 1 billion capital expenditure program at Ferenc Liszt International Airport between now and...

Automotive

Hungary to open consular and trade office in Sydney

Hungary will open a consular and trade office in Sydney, Minister of Foreign Affairs and Trade Péter Szijjártó told Hungarian...

Industrial

CA Immo signs lease deals for 12,000 sqm

Real estate firm CA Immo has recently signed office lease deals for more than 12,000 square meters of space, including...

Retail

IKEA Magyarország revenues up 14.5% in business year

The Hungarian unit of Swedish home furnishings giant IKEA posted HUF 54 billion in revenues in its business year ending...

Transport

Wizz Air to open 28th base at London Luton

Hungarian low-cost airline Wizz Air has announced it will be opening its 28th base at London Luton Airport on June...

Industrial

CTP provides DHL greener, cheaper lighting in Hungary

Real estate developer CTP has announced a major energy saving initiative starting in the logistics warehouse of DHL in CTPark...

Competition

MOL, E.ON apply for EU funds for EV charging stations

Hungarian oil and gas company MOL and utilities company E.ON have submitted a joint application for HUF 1.42 billion of...

Automotive

Leasing outlays up 9% in 2016, may mark ʼturnaroundʼ

Hungarian companies’ new leasing outlays were up by 9% compared to the preceding year in 2016, to HUF 518 billion,...

Transport

Wizz Air announces Budapest-Frankfurt route

Low-cost airline Wizz Air has announced the launch of a new daily Budapest to Frankfurt route, with the first flight...

Competition

Hungary’s GDP growth reached 1.6% in Q4 2016

Hungary’s GDP growth reached 1.6% in the fourth quarter of last year, compared to Q4 of 2015, according to a...

Automotive

Automotive sector stalls industrial output growth

Hungary’s industrial output dropped by 0.5% in December, as the automotive sector, the engine of the local economy, fell by...

Office Market

CPI Hungary’s tenancy rate up 15% in 2016

Real estate firm CPI Hungary’s tenancy rate for its total portfolio grew by 15% over the last year, compared to...

Telco

Magyar Telekom names new IT chief

Magyar Telekom, the Hungarian subsidiary of German giant Deutsche Telekom, has appointed Dr. Kim Kyllesbech Larsen as Chief Technology and...

Telco

Banking sector liquidity rises in January

Forint liquidity of Hungaryʼs banking sector rose in January from a month earlier as the average stock of banksʼ one-day...

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...