Business

Pharma

Hungary’s tire market to inflate 9% up to 2021

The Hungarian tire market is seen expanding by 9% through 2021, chiefly boosted by continuously expanding automobile production and fleet...

Retail

Scottish pub helps homeless, refugees in Hungary

The Caledonia Scottish Pub in Budapest has been offering thousands of hot meals for the homeless and refugees in Hungary,...

Telco

Net sales of retail govʼt securities reach HUF 166.6 bln in December

Net sales of forint-denominated government securities targeted at retail investors came to HUF 166.6 billion in December 2016, bringing the...

Telco

Everplast expands range with HUF 440 mln investment

Hungarian plastics recycling firm Everplast has added UV-resistant plastic sheeting to its product palette with an investment of nearly HUF...

Competition

Magyar Telekom to challenge HUF 600 mln fine

Magyar Telekom, the Hungarian subsidiary of German telco Deutsche Telekom, announced that it will challenge a decision by the Hungarian...

Deals

Affidea names new finance director

Mihály Szabó has been appointed finance director of medical services provider Affidea Diagnosztika, taking effect from the end of 2016,...

Ecosystem

Ministry backs card terminals with HUF 2.4 bln

In an apparent move to encourage wider use of bank card payments, the Ministry for National Economy is making HUF...

Industrial

Office market demand peaks in Q4 last year

Demand on the Hungarian office market peaked in the last quarter of 2016, according to a press statement sent to...

Deals

Szijjártó urges Croatia, MOL to reach INA resolution

The Croatian government must reach an agreement with Hungarian oil and gas company MOL on buying out the latterʼs stake...

Deals

Spar outletsʼ operations unaffected by building owner changes

Spar Hungary has announced that two of its branches, one in Zalaegerszeg and another in Nyíregyháza, will continue operations uninterrupted,...

Pharma

Richter, Allergan sign distribution, supply agreement

A few days after announcing positive results from new drug Venus II, Hungarian pharmaceutical Gedeon Richter announced today it has...

Office Market

Budapest office stock reaches 3,360,090 sqm

The total modern office stock in Budapest currently adds up to 3,360,090 square meters, consisting of 2,695,510 sqm category ‘A’...

Industrial

New industrial real estate supply up 32,500 sqm in Q4

With the handover of three developments in the last quarter of 2016, the supply of new industrial real estate in...

Automotive

Audi Hungaria’s output falls in 2016

The production of car manufacturer Audi Hungaria dropped by 95,882 rolled-out engines and was down by 37,231 in the case...

Telco

Investment funds assets up 2.1% in December, says BAMOSZ

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) were...

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...