Business

Retail

Cross-border trade seen growing 19% in Hungary this year

With the constant growth of the e-commerce industry, cross-border trade in Hungary is expected to grow by 19% this year...

Office Market

TriGránit appoints CBRE to lease Millennium Gardens

The Hungarian office of commercial real estate services firm CBRE has been commissioned by property developer TriGránit with the exclusive...

Competition

Half of Hungaryʼs CEOs optimistic about 2017, survey says

Half of Hungarian CEOs are “very optimistic” about their growth prospects in the next 12 months according to early results...

Telco

Magyar Telekom broadband expands to 2.8 mln households

The broadband internet network coverage of Hungarian telecommunications company Magyar Telekom expanded to 2.8 million households in 2016, the company...

Deals

CTP headcount grows in CEE, more Hungarian investment ahead

The number of jobs created by real estate developer CTP in its industrial and office parks was up by 13%...

Construction

Construction output plummets 14.4% in November

The volume of construction output in Hungary fell by 14.4% in November compared to the same month a year earlier,...

Deals

All EU funds could be disbursed before 2018 elections

The Hungarian government is aiming to disburse all of the HUF 9 trillion available in EU funding in the present...

Telco

Gov’t to offer HUF 24.3 bln in grants to 35 big companies

Based on a decision made in 2016, the government will provide HUF 24.3 bln in financing to 35 big companies...

Telco

Hungarian telco Invitel to change hands

Hungarian telecom Invitel is to be sold by majority stake owner Magyar Telecom B.V. (Matel B.V.) to the China-CEE Fund...

Automotive

Hungarians favor gray hatchbacks running on gasoline

Hungarian customers prefer hatchbacks with gasoline engines with an output of up to 69 kW, manual transmission and two-wheel drive,...

Retail

Gov’t sends pensioners abroad voucher invalid outside Hungary, says RTL

The Hungarian government has sent HUF 10,000 vouchers that cannot be used outside Hungary to more than 32,000 pensioners living...

Deals

Externet shares to be traded for last time on April 25

Shares of alternative telco Externet will be traded for the last time on the Budapest Stock Exchange on April 25,...

Automotive

Stalling auto sector slows industrial output

Although the volume of Hungary’s industrial output was up by 0.6% in November compared to the corresponding month a year...

Deals

Fornetti raises employeesʼ wages in Hungary

Bakery chain Fornetti is raising the wages of its Hungarian workers this year, responding to the Hungarian government’s raised minimum...

Deals

KPMG Hungary welcomes new director

Tünde Tóth-Zsiga has been appointed director at the Hungarian branch of KPMG, filling the position as of January 2, 2017,...

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...