Business

Telco

MVM to acquire stake in national utility ENKSZ without GVH oversight

The government has declared the acquisition of a stake in the state-owned national utility Első Nemzeti Közműszolgáltató (ENKSZ) by the...

Retail

Black Friday sales growing in Hungary, research says

A total of 2.1 million adult internet users made purchases on Black Friday, out of a population measured at 9.8...

Telco

Investment funds assets up 0.36% in November, says BAMOSZ

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

Telco

Hungary’s real earnings up 7.4% in Jan-Oct

Hungary’s real earnings were up by 7.4% in January-October, as compared to the same period the previous year, along with...

Telco

MNB sets tight limit to 3M depos at tomorrowʼs tender

The National Bank of Hungary (MNB) has set a HUF 400 billion limit on the volume of three-month deposits available...

Deals

Asahiʼs EUR 7.3 bln acquisition of CEE beer businesses assisted by Allen & Overy

Biggest ever acquisition of a foreign beer operation by a Japanese brewer further consolidates Allen & Overyʼs position as a...

Logistics

Consumer, business confidence up in December

GKIʼs combined consumer and business confidence index rose to -0.9 points in December, up from -2.2 points in November, according...

Retail

Syrian chocolatier to build HUF 7.6 bln plant in Hungary

Syrian-owned premium chocolate maker Ghraoui Chocolate will build a HUF 7.6 billion chocolate factory in Hatvan (northeast of Budapest) through...

Telco

Government reshuffles 2016 budget chapters

The government has decided to reshuffle HUF 306.9 billion in spending appropriations among the various chapters of the 2016 Budget...

Interview

MNB ‘happy to continue to loosen policy’, says Nomura

With a rate-setting meeting of the Monetary Council of the National Bank of Hungary (MNB) ahead on Tuesday, also set...

Retail

ICSID obliges Hungary to pay damages to French voucher company

The World Bankʼs International Center for Settlement of Investment Disputes (ICSID) has ordered the Hungarian state to pay French meal...

Deals

MOL acquisition expands range of services

Hungarian oil and gas company MOL said Thursday it has signed an agreement to buy a 51% stake in Budapest-based...

Construction

Construction output falls 12.8% in October

The volume of construction output in Hungary was 12.8% lower in October 2016 than a year earlier, according to a...

Competition

New legislation on the way for drones, roads

Unmanned automated vehicles and their operators can look forward to new legislation, while updated rules on rubberized asphalt and other...

Office Market

Viennaʼs FLE acquires major office building in Budapest

FLE GmbH, part of the French LFPI group, has acquired its first real estate in CEE from an international institutional...

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...