Business

Construction

Hungary’s construction output drops sharply in 2016

Hungary’s construction output dropped by 14.9% in December compared to the same month a year earlier, while output decreased by...

Industrial

Futureal takes over Sasad Resort development

Cordia, the residential subsidiary of the Futureal Group, has taken over the development of the Sasad Resort project in the...

Ecosystem

CEU to launch new department in Budapest

In response to changing patterns in business education globally and the evolving needs of students, Central European University (CEU) is...

Office Market

Skanska develops Mill Park with ‘well being’ in mind

Skanska is developing its newest Hungarian office complex, Mill Park, following the latest trends of companies consciously striving to create...

Pharma

Bridgestone doubles area of Hungarian plant

Japanese tire maker Bridgestone has doubled the area of its Tatabánya plant to 147,000 square meters as part of its...

Telco

Paks NPP output reached 16,054 GWh in 2016

Output of Hungaryʼs Paks Nuclear Power Plant rose by 1.4% to 16,054 GWh last year, CEO István Hamvas said on...

Pharma

Apollo Tyres global revenue reaches EUR 1.3 bln

Indian tire maker Apollo Tyres’ global consolidated revenue for the nine months (April to December) of its financial year closed...

Office Market

Futureal Group hands over Skypark at Corvin Promenade

Futureal Group has handed over the Skypark office building as the latest section of the Corvin Promenade, according to a...

Office Market

Mastercard Hungary moves HQ to Váci 1

Mastercard has moved its Hungarian headquarters into the multiple award-winning Váci 1 office building, which is featured on the UNESCO...

Deals

Hungarian daily claims Századvég has HUF 1.6 bln contract with gov’t

Government friendly think tanks Századvég Alapítvány and Századvég Gazdaságkutató are reported to be producing research and surveys for the Hungarian...

Deals

Higher share capital threshold could mean end of thousands of ‘kft.’ companies

Several thousand Hungarian limited liability companies, designated by the abbreviation “kft.”, could be wound up if they fail to meet...

Pharma

AquaJet doubles tire recycling capacity

AquaJet has invested HUF 750 million in doubling production capacity at its environmentally friendly tire recycling plant in Harta, central...

Office Market

Atenor sells Váci Greens building ‘A’

International real estate developer Atenor, advised by Cushman & Wakefield Hungary’s Capital Markets Team, has successfully sold Building “A” of...

Sustainability

Rise in home prices accelerates in Q3, says MNB

Home prices rose about 5.7% in nominal terms nationwide in Hungary from the second to the third quarter of 2016,...

Automotive

Hungary’s industrial output drops 0.5% in December

The volume of Hungary’s industrial output was down by 0.5% in December, compared to the same month a year earlier;...

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...