Business

Competition

Uber’s exit boosts Hungarian taxi traffic

After the exit of ride-sharing app operator Uber from the Hungarian market, the traffic of Hungarian taxis is thought to...

Deals

Shell Hungary names new head of executive board

Andrea Bujdosó has been appointed head of the board of directors at Shell Hungary, taking effect from February 1, according...

Transport

EasyJet adds Amsterdam-Budapest flight to schedule

The first flight of easyJet on the Amsterdam-Budapest route touched down in Ferenc Liszt International Airport on Monday, according to...

Deals

French chamber to visit Győr

The Hungarian-French Chamber of Commerce (CCI France Hongrie) will be holding the next event of its Industrial, Logistics and Purchasing...

Telco

Government tops up funding to hire more police

The government has mandated the reallocation of HUF 55.8 bln in this yearʼs budget to finance the hiring of 3,000...

Deals

Egis acquires Russian drug portfolio of Croatian peer

French-owned Hungarian drugmaker Egis on Monday announced its acquisition of the Russian skin care and womenʼs healthcare products portfolio of...

Competition

SSL certification becomes timely for Hungarian websites

As approximately 25-30% of Hungarian websites are thought not to be SSL certified, according to experts, gaining such a certificate...

Competition

Amid security concerns, SMEs slow to adopt cutting-edge IT services

Hungarian firms could save up to 30% of their annual budgets if they replaced outdated IT systems with data center...

Pharma

ROKI enters Europe by signing for 5,500 sqm in CTPark Arad

Japan-based company ROKI, specializing in manufacturing automotive filters, will occupy a 5,500 square-meter unit in the CTPark Arad in western...

Telco

Richter’s Q4 profit doubles on financial gain

A large financial gain lifted Hungarian drugmaker Gedeon Richter’s fourth-quarter net income to HUF 19.3 billion, a little more than...

Ecosystem

BT Hungary receives SSC accolade

The Hungarian subsidiary of BT (British Telecommunications) has been awarded at CEE Shared Services and Outsourcing Awards for the best...

Deals

CNG sales in Hungary break record in 2016

Sales of compressed natural gas (CNG) in Hungary grew by more than 50% in the first 11 months of 2016,...

Pharma

ThyssenKrupp to build another plant in Hungary

Germany-based automotive giant ThyssenKrupp is planning to build a new plant in Hungary’s Debrecen through an investment of HUF 11...

Telco

PR-TELECOM upgrades broadband network in 150 settlements

Telecommunications network provider PR-TELECOM is establishing and developing next-generation access broadband internet networks in 150 settlements in Hungary with HUF...

Telco

Zwack Unicum profit jumps 26.8% in first three-quarters of business year

After-tax profit for Zwack Unicum, the quintessentially Hungarian spirits maker, rose 26.8% to HUF 2.53 bln in the first three...

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...