Business

Appointments

Matild Palace Appoints Bálint Bakó as New Director of Sales

Matild Palace, a Luxury Collection Hotel, Budapest, has announced the appointment of Bálint Bakó as its new director of sales,...

Business

Lidl Lays Down Cornerstone for HUF 50 bln Logistics Base

German-owned discount chain Lidl Magyarország laid the cornerstone for a HUF 50 billion logistics base in Kiskunfélegyháza on Wednesday, news...

Deals

VGD Hungary Audit and HLB Hungary to Merge

As of January 1, 2025, VGD Hungary Audit Ltd., one of Hungary’s leading audit advisory firms, is to merge with...

Automotive

BMW to Build Corporation’s Largest Solar Plant in Hungary

German car manufacturing giant BMW's solar plant under construction in Debrecen, in eastern Hungary, will be the largest in Hungary...

HR

Quiet Quitting Phenomenon on the Rise – Corvinus Research

Negative internal communication reduces employee loyalty and increases the intent to "quietly quit" in Hungarian businesses. This also diminishes the...

Deals

BioTechUSA Becomes Official Sports Nutrition Partner of FC Barcelona

BioTechUSA has entered into a multi-year global partnership with FC Barcelona, one of the world’s most iconic football clubs....

Residential

Surge in Demand for Homes and Apartments in August

The demand for homes and apartments for sale in Hungary saw a substantial increase in August, reaching levels close to...

Telco

Financial Loss Puts 4iG in the Red

Listed ICT company 4iG had a first-half loss of HUF 23.3 bln as financial losses weighed, an earnings report released...

Industry

Hungary’s Producer Prices Climb in July 2024″

The Central Statistical Office (KSH) has released new data showing a notable shift in industrial producer prices in Hungary for...

Retail

Coop Hungary: A Local Giant With a Plan

With a dominant presence in Hungary, retailer Coop has managed to maintain stability even amidst steeply dropping real wages. The...

Business

New Retail Lending Climbs, Corporate Outlays Stagnate in Q2 – MNB

Hungarian lenders' outlays to retail clients jumped 76% in the second quarter from the same period a year earlier, while...

Transport

New Details Emerge About Sunday Train Derailment Near Keleti

The derailment of a train heading towards Keleti Railway Station was caused by broken fastening bolts on the switch rail,...

Automotive

Rába Books H1 Loss on Weak Demand, Narrowing Margins

Hungarian automotive industry company Raba booked a HUF 448 mln loss in the first half as sales declined and margins...

Residential

Budapest Sees Highest Rise in New Flat Prices Among EU Capitals

Budapest experienced the most significant rise in new flat prices among EU capitals last year, with an increase of 11.2%...

Retail

Consumer Protection Heightened for Back-to-school Shopping

With the start of school approaching, it is not only students and their parents preparing for the new academic year;...

Appointments

Matild Palace Appoints Bálint Bakó as New Director of Sales

Matild Palace, a Luxury Collection Hotel, Budapest, has announced the appointment of Bálint Bakó as its new director of sales,...

Business

Lidl Lays Down Cornerstone for HUF 50 bln Logistics Base

German-owned discount chain Lidl Magyarország laid the cornerstone for a HUF 50 billion logistics base in Kiskunfélegyháza on Wednesday, news...

Deals

VGD Hungary Audit and HLB Hungary to Merge

As of January 1, 2025, VGD Hungary Audit Ltd., one of Hungary’s leading audit advisory firms, is to merge with...

Automotive

BMW to Build Corporation’s Largest Solar Plant in Hungary

German car manufacturing giant BMW's solar plant under construction in Debrecen, in eastern Hungary, will be the largest in Hungary...

HR

Quiet Quitting Phenomenon on the Rise – Corvinus Research

Negative internal communication reduces employee loyalty and increases the intent to "quietly quit" in Hungarian businesses. This also diminishes the...

Deals

BioTechUSA Becomes Official Sports Nutrition Partner of FC Barcelona

BioTechUSA has entered into a multi-year global partnership with FC Barcelona, one of the world’s most iconic football clubs....

Residential

Surge in Demand for Homes and Apartments in August

The demand for homes and apartments for sale in Hungary saw a substantial increase in August, reaching levels close to...

Telco

Financial Loss Puts 4iG in the Red

Listed ICT company 4iG had a first-half loss of HUF 23.3 bln as financial losses weighed, an earnings report released...

Industry

Hungary’s Producer Prices Climb in July 2024″

The Central Statistical Office (KSH) has released new data showing a notable shift in industrial producer prices in Hungary for...

Retail

Coop Hungary: A Local Giant With a Plan

With a dominant presence in Hungary, retailer Coop has managed to maintain stability even amidst steeply dropping real wages. The...

Business

New Retail Lending Climbs, Corporate Outlays Stagnate in Q2 – MNB

Hungarian lenders' outlays to retail clients jumped 76% in the second quarter from the same period a year earlier, while...

Transport

New Details Emerge About Sunday Train Derailment Near Keleti

The derailment of a train heading towards Keleti Railway Station was caused by broken fastening bolts on the switch rail,...

Automotive

Rába Books H1 Loss on Weak Demand, Narrowing Margins

Hungarian automotive industry company Raba booked a HUF 448 mln loss in the first half as sales declined and margins...

Residential

Budapest Sees Highest Rise in New Flat Prices Among EU Capitals

Budapest experienced the most significant rise in new flat prices among EU capitals last year, with an increase of 11.2%...

Retail

Consumer Protection Heightened for Back-to-school Shopping

With the start of school approaching, it is not only students and their parents preparing for the new academic year;...

Matild Palace Appoints Bálint Bakó as New Director of Sales

Matild Palace, a Luxury Collection Hotel, Budapest, has announced the appointment of Bálint Bakó as its new director of sales,...

Lidl Lays Down Cornerstone for HUF 50 bln Logistics Base

German-owned discount chain Lidl Magyarország laid the cornerstone for a HUF 50 billion logistics base in Kiskunfélegyháza on Wednesday, news...

VGD Hungary Audit and HLB Hungary to Merge

As of January 1, 2025, VGD Hungary Audit Ltd., one of Hungary’s leading audit advisory firms, is to merge with...

BMW to Build Corporation’s Largest Solar Plant in Hungary

German car manufacturing giant BMW's solar plant under construction in Debrecen, in eastern Hungary, will be the largest in Hungary...

Quiet Quitting Phenomenon on the Rise – Corvinus Research

Negative internal communication reduces employee loyalty and increases the intent to "quietly quit" in Hungarian businesses. This also diminishes the...

BioTechUSA Becomes Official Sports Nutrition Partner of FC Barcelona

BioTechUSA has entered into a multi-year global partnership with FC Barcelona, one of the world’s most iconic football clubs....

Surge in Demand for Homes and Apartments in August

The demand for homes and apartments for sale in Hungary saw a substantial increase in August, reaching levels close to...

Financial Loss Puts 4iG in the Red

Listed ICT company 4iG had a first-half loss of HUF 23.3 bln as financial losses weighed, an earnings report released...

Hungary’s Producer Prices Climb in July 2024″

The Central Statistical Office (KSH) has released new data showing a notable shift in industrial producer prices in Hungary for...

Coop Hungary: A Local Giant With a Plan

With a dominant presence in Hungary, retailer Coop has managed to maintain stability even amidst steeply dropping real wages. The...

New Retail Lending Climbs, Corporate Outlays Stagnate in Q2 – MNB

Hungarian lenders' outlays to retail clients jumped 76% in the second quarter from the same period a year earlier, while...

New Details Emerge About Sunday Train Derailment Near Keleti

The derailment of a train heading towards Keleti Railway Station was caused by broken fastening bolts on the switch rail,...

Rába Books H1 Loss on Weak Demand, Narrowing Margins

Hungarian automotive industry company Raba booked a HUF 448 mln loss in the first half as sales declined and margins...

Budapest Sees Highest Rise in New Flat Prices Among EU Capitals

Budapest experienced the most significant rise in new flat prices among EU capitals last year, with an increase of 11.2%...

Consumer Protection Heightened for Back-to-school Shopping

With the start of school approaching, it is not only students and their parents preparing for the new academic year;...