Business

Automotive

GreenGo offers free registration during smog alert

While the smog alert is in place for Budapest, local electric car-sharing startup GreenGo is offering free registration for its...

Deals

More than 2,000 companies have tax arrears totaling over HUF 100 mln

About 2,100 Hungarian companies owe back taxes of more than HUF 100 million, data released quarterly by the National Tax...

Deals

Hungary calls tenders for 88% of 2014-2020 EU funding

Hungary has so far called tenders for 88% of the European Union money available in the 2014-2020 funding cycle, and...

Industrial

C&W retains market-leading position in Hungary in 2016

Real estate services firm Cushman & Wakefield retained its market-leading position for the fifth consecutive year in 2016 on the...

Sustainability

At least 14,000 new homes expected in Hungary in 2017

This year is expected to be dominated by home buildings, with a total of 14,000-16,000 homes expected to be created...

Deals

Biggeorge Property names new board members

Hungarian real estate firm Biggeorge Property Zrt. has named Zsolt Bozsovics and Gábor Angel as members of its board of...

Retail

Hungarian homestay association established

Hungarians whose properties are listed on homestay networks have established a self-governing association to ensure compliance with tax rules and...

Pharma

BlackRockʼs Budapest innovation center to create 500 jobs

U.S.-based global investment management corporation BlackRock is setting up an innovation center in Budapest that will create 500 jobs, Minister...

Ecosystem

MNB signs memorandum of understanding with Chinese uni

The National Bank of Hungary (MNB) on Tuesday signed a memorandum of understanding on joint research and student exchanges with...

Deals

Prologis Europe sees 96.7% occupancy in Q4

Budapest was among the markets where global real estate firm Prologis experienced the strongest interest from customers in the fourth...

Competition

GVH fines companies combined HUF 16.35 mln

The Hungarian Competition Authority (GVH) has fined a total of six companies in two procedures a combined HUF 16.35 million...

Telco

Three pawnbrokers receive HUF 20.5 mln in fines

Three Hungarian pawnbrokers have been fined a combined HUF 20.5 million by the National Bank of Hungary (MNB) on charges...

Telco

General gov’t deficit 111.4% of full-year target in 2016

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 848.3 billion in 2016, 111.4% of the full-year target,...

Office Market

CBRE to handle accounting, property management of Váci Greens Building ‘C’

Real estate firm CBRE has been picked to handle the property management and accounting of Váci Greens Building C, according...

Logistics

Consumer, business confidence improve in January

GKI Economic Research Co.ʼs combined consumer and business confidence index rose to 0.2 points in January from -0.9 points in...

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...