Business

Incubators

Indiegogo-funded startup book hits the shelves

Hungarian entrepreneur Attila Szigeti has recently published his Startup Studio Playbook - which promises the chance to "learn how to...

Telco

General gov’t deficit reaches HUF 848.3 bln in December

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 848.3 billion in 2016, a first reading of data...

Automotive

Hungary’s industrial output up 0.6% in November

The volume of Hungary’s industrial output was up by 0.6% in November compared to the same month a year earlier,...

Automotive

AAA Auto sold 4,650 used cars in Hungary in 2016

AAA Auto’s local subsidiary sold 4,650 used cars in Hungary last year, up by approximately 33% compared to 3,500 in...

Transport

Wizz Air pax numbers fly to a record high

Hungarian low-cost airline Wizz Air saw passenger numbers reach a record 23 million in 2016, up 19% compared to the...

Pharma

Hungary ready to fly through the clouds

Hungary’s cable network conditions are adequate, while mobile network technologies are excellent for the introduction of advanced cloud-based applications, according...

Deals

MOL to settle, replace share option agreements with UniCredit

Hungarian oil and gas company MOL said late yesterday it expects to settle option rights with UniCredit Bank for a...

Telco

Businesses tap HUF 473 bln in phase III FGS credit

A little more than 11,000 Hungarian microbusinesses and SMEs tapped about HUF 473 billion in cheap credit available last year...

Retail

Mercedes Hungary tops premium sales in 2016

The Hungarian subsidiary of Mercedes-Benz sold the most cars in the country in the premium category in 2016, according to...

Telco

Corporate lending of Hungarian banks up in November

The corporate lending stock of Hungarian banks was up in November from the previous month as companies were net borrowers...

Automotive

Vehicle importers in Hungary see 5% market growth in 2017

Hungarian vehicle importers expect 5% market growth this year, the head of the Hungarian Association of Vehicle Importers (MGE) said...

Deals

MOM Park says new operator to take over multiplex

Although Andrea Buda, marketing director of movie theater operator Cinema City, reportedly told Hungarian news agency MTI that the company...

HR

Number of NPOs falls slightly in 2015

A total of 62,200 non-profit organisations were operating in Hungary in 2015, around 1,700 less than in 2014, data compiled...

Deals

Suzuki’s Hungarian sales market share exceeds 11% in 2016

The Hungarian subsidiary of Japanese carmaker Suzuki sold 11,266 cars in Hungary last year, increasing its local market share to...

Office Market

Commercial real estate investment reaches €270 mln in Q4

Total commercial real estate investment transaction volume in Hungary reached some €270 million in the fourth quarter of last year,...

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...