Business

Automotive

Number of Battery-only EVs in Hungary Climbs Over 41,000

The number of battery-only electric vehicles registered in Hungary edged over 41,200 in 2023, data compiled by Eurostat show....

Pharma

Improved Margin, Financial Gain Boost Richter Earnings in H1

First-half net income of Hungarian pharmaceutical company Gedeon Richter jumped 103% year-on-year to HUF 138.2 bln, lifted by wider margins...

Residential

Housing Market Turnover 36% Higher

Housing market turnover was 36% higher between January-March 2024 than a year earlier, according to the latest summary from the...

Appointments

U.K. Expert Takes Over as Dreher Breweries Head

As of August, Dreher Breweries is led by a new managing director from the United Kingdom - a market with...

Transport

Watchdog Launches Another Probe of Wizz Air

Hungary's Competition Office (GVH) on Tuesday announced the launch of a probe of low-fare carrier Wizz Air on suspicion of...

Retail

Retail Sales Rise Year-on-year in June

In June 2024, the Central Statistical Office (KSH) reported a 2.6% increase in Hungarian retail sales compared to the same...

Manufacturing

Liberty Dunaújváros Gets Chinese Support for Green Upgrade

China's Cisdi Engineering has signed a memorandum of understanding with China Export and Credit Insurance Corporation (Sinosure) on underwriting EUR...

HR

Number of Jobseekers at Historic Low

The number of registered jobseekers reached a record low in July, State Secretary for Employment Policy Sándor Czomba of the...

Office Market

1st Building of Atenor’s BakerStreet Handed Over to E.ON 

Atenor has announced that the 16,643 sqm, South Buda located BakerStreet Phase I was successfully handed over in early June...

Transport

New Seat Reservation and Booking Options at Volán

As the next step in developing the new tariff system based on national and county passes, a unified seat reservation...

Automotive

Used Car Imports Climb 14% in July

The number of imported used cars registered in Hungary rose 14.1% year-on-year to 9,685 in July, listings site JoAutok.hu said...

Transport

Wizz Air Fined Over HUF 300 mln for Unfair Business Practices

Hungary's Competition Office (GVH) has fined low-fare carrier Wizz Air HUF 307 mln for unfair business practices, the watchdog said...

Interview

Top HR Director: Introducing Thermo Fisher’s Tamás Jakus

In the dynamic world of business, a company's success hinges on its executives. Tamás Jakus, the HR director for South-East...

Business

Erste Group Books H1 Earnings of EUR 168 mln in Hungary

Austria's Erste Group booked first-half net income of EUR 168 mln at its banking business in Hungary, up 56% from...

HR

Employers, Employees Hoping for a Better World Economy

Summer in Hungary brought not just hot weather but also good news for consumers: while analysts had forecast 3.9% inflation,...

Automotive

Number of Battery-only EVs in Hungary Climbs Over 41,000

The number of battery-only electric vehicles registered in Hungary edged over 41,200 in 2023, data compiled by Eurostat show....

Pharma

Improved Margin, Financial Gain Boost Richter Earnings in H1

First-half net income of Hungarian pharmaceutical company Gedeon Richter jumped 103% year-on-year to HUF 138.2 bln, lifted by wider margins...

Residential

Housing Market Turnover 36% Higher

Housing market turnover was 36% higher between January-March 2024 than a year earlier, according to the latest summary from the...

Appointments

U.K. Expert Takes Over as Dreher Breweries Head

As of August, Dreher Breweries is led by a new managing director from the United Kingdom - a market with...

Transport

Watchdog Launches Another Probe of Wizz Air

Hungary's Competition Office (GVH) on Tuesday announced the launch of a probe of low-fare carrier Wizz Air on suspicion of...

Retail

Retail Sales Rise Year-on-year in June

In June 2024, the Central Statistical Office (KSH) reported a 2.6% increase in Hungarian retail sales compared to the same...

Manufacturing

Liberty Dunaújváros Gets Chinese Support for Green Upgrade

China's Cisdi Engineering has signed a memorandum of understanding with China Export and Credit Insurance Corporation (Sinosure) on underwriting EUR...

HR

Number of Jobseekers at Historic Low

The number of registered jobseekers reached a record low in July, State Secretary for Employment Policy Sándor Czomba of the...

Office Market

1st Building of Atenor’s BakerStreet Handed Over to E.ON 

Atenor has announced that the 16,643 sqm, South Buda located BakerStreet Phase I was successfully handed over in early June...

Transport

New Seat Reservation and Booking Options at Volán

As the next step in developing the new tariff system based on national and county passes, a unified seat reservation...

Automotive

Used Car Imports Climb 14% in July

The number of imported used cars registered in Hungary rose 14.1% year-on-year to 9,685 in July, listings site JoAutok.hu said...

Transport

Wizz Air Fined Over HUF 300 mln for Unfair Business Practices

Hungary's Competition Office (GVH) has fined low-fare carrier Wizz Air HUF 307 mln for unfair business practices, the watchdog said...

Interview

Top HR Director: Introducing Thermo Fisher’s Tamás Jakus

In the dynamic world of business, a company's success hinges on its executives. Tamás Jakus, the HR director for South-East...

Business

Erste Group Books H1 Earnings of EUR 168 mln in Hungary

Austria's Erste Group booked first-half net income of EUR 168 mln at its banking business in Hungary, up 56% from...

HR

Employers, Employees Hoping for a Better World Economy

Summer in Hungary brought not just hot weather but also good news for consumers: while analysts had forecast 3.9% inflation,...

Number of Battery-only EVs in Hungary Climbs Over 41,000

The number of battery-only electric vehicles registered in Hungary edged over 41,200 in 2023, data compiled by Eurostat show....

Improved Margin, Financial Gain Boost Richter Earnings in H1

First-half net income of Hungarian pharmaceutical company Gedeon Richter jumped 103% year-on-year to HUF 138.2 bln, lifted by wider margins...

Housing Market Turnover 36% Higher

Housing market turnover was 36% higher between January-March 2024 than a year earlier, according to the latest summary from the...

U.K. Expert Takes Over as Dreher Breweries Head

As of August, Dreher Breweries is led by a new managing director from the United Kingdom - a market with...

Watchdog Launches Another Probe of Wizz Air

Hungary's Competition Office (GVH) on Tuesday announced the launch of a probe of low-fare carrier Wizz Air on suspicion of...

Retail Sales Rise Year-on-year in June

In June 2024, the Central Statistical Office (KSH) reported a 2.6% increase in Hungarian retail sales compared to the same...

Liberty Dunaújváros Gets Chinese Support for Green Upgrade

China's Cisdi Engineering has signed a memorandum of understanding with China Export and Credit Insurance Corporation (Sinosure) on underwriting EUR...

Number of Jobseekers at Historic Low

The number of registered jobseekers reached a record low in July, State Secretary for Employment Policy Sándor Czomba of the...

1st Building of Atenor’s BakerStreet Handed Over to E.ON 

Atenor has announced that the 16,643 sqm, South Buda located BakerStreet Phase I was successfully handed over in early June...

New Seat Reservation and Booking Options at Volán

As the next step in developing the new tariff system based on national and county passes, a unified seat reservation...

Used Car Imports Climb 14% in July

The number of imported used cars registered in Hungary rose 14.1% year-on-year to 9,685 in July, listings site JoAutok.hu said...

Wizz Air Fined Over HUF 300 mln for Unfair Business Practices

Hungary's Competition Office (GVH) has fined low-fare carrier Wizz Air HUF 307 mln for unfair business practices, the watchdog said...

Top HR Director: Introducing Thermo Fisher’s Tamás Jakus

In the dynamic world of business, a company's success hinges on its executives. Tamás Jakus, the HR director for South-East...

Erste Group Books H1 Earnings of EUR 168 mln in Hungary

Austria's Erste Group booked first-half net income of EUR 168 mln at its banking business in Hungary, up 56% from...

Employers, Employees Hoping for a Better World Economy

Summer in Hungary brought not just hot weather but also good news for consumers: while analysts had forecast 3.9% inflation,...