Business

Office Market

Newmark VLK Identifies Opportunities for Office Redevelopment

Hundreds of thousands of square meters of office space are expected to become available in Budapest as state organizations relocate...

Office Market

New Tenants at Academia Offices

Several high-profile office deals were signed in H1 2024 at ConvergenCE's Academia Offices, involving companies like Saab, Shapr3D, and Roland...

Retail

Competition Office Launches Probe of Aldi

Hungary's Competition Office (GVH) on Thursday announced the launch of a probe against the local unit of German supermarket chain...

Office Market

Regus Fészek Office Building Opens in Pécs

Fressnapf International Business Services (Fibs) the international business center of the Fressnapf Group, Europe's leading omnichannel pet supplies retailer, opened...

Science

Hungary R&D Spending Reaches HUF 1.032 tln in 2023

Spending on research and development in Hungary reached HUF 1.032 tln in 2023, data compiled by the Central Statistical Office...

HR

Counties Top up Summer Jobs Scheme Funding

Counties have earmarked close to half a billion forints for a program that places students in temporary jobs this summer,...

Automotive

AutoWallis’s Retail Sales See Continued Growth

The increase in new vehicle sales at the AutoWallis Group’s Retail Business Unit significantly surpassed both the Hungarian and regional...

Innovation

50% of Ransomware Victims Saved by Backups

More than half of the Hungarian companies attacked by ransomware in 2023 used their own data backup methods and did...

Residential

Home Rental Rates in Hungary Rise 10.3% in June

Home rental rates in Hungary rose 10.3% year-on-year in June, data compiled by the Central Statistical Office (KSH) from listings...

Appointments

Alex Henriksen Named Tetra Pak’s Managing Director for Eastern Europe

Tetra Pak announced the appointment of Alex Henriksen as its managing director for the Eastern European region, effective August 1,...

Logistics

Hungary’s Largest Speculative Industrial Property Nearing Completion

Hungary's largest speculative industrial property, developed by HelloParks, is nearing completion. The 60,000 sqm BigBox-type AN1 warehouse will be ready...

Transport

Watchdog Fines Booking.com Operator HUF 383 mln for Non-compliance

Hungary's Competition Office (GVH) on Monday said it fined the operator of booking.com close to HUF 383 million for failing...

Construction

Construction Output up 7.2% Year-on-year

Construction output volume in Hungary, based on raw data by the Central Statistical Office (KSH), surpassed the previous year’s level...

Science

Hungarian Unis Advance in QS Ranking

Some eight Hungarian universities have advanced in the latest annual ranking of higher education institutions in Europe by Quacquarelli Symonds...

Interview

Delivering on Guest Experience and Associate Engagement

Angela Saliba, the first female GM to lead the Marriott Budapest, took up her post on May 1. In her...

Office Market

Newmark VLK Identifies Opportunities for Office Redevelopment

Hundreds of thousands of square meters of office space are expected to become available in Budapest as state organizations relocate...

Office Market

New Tenants at Academia Offices

Several high-profile office deals were signed in H1 2024 at ConvergenCE's Academia Offices, involving companies like Saab, Shapr3D, and Roland...

Retail

Competition Office Launches Probe of Aldi

Hungary's Competition Office (GVH) on Thursday announced the launch of a probe against the local unit of German supermarket chain...

Office Market

Regus Fészek Office Building Opens in Pécs

Fressnapf International Business Services (Fibs) the international business center of the Fressnapf Group, Europe's leading omnichannel pet supplies retailer, opened...

Science

Hungary R&D Spending Reaches HUF 1.032 tln in 2023

Spending on research and development in Hungary reached HUF 1.032 tln in 2023, data compiled by the Central Statistical Office...

HR

Counties Top up Summer Jobs Scheme Funding

Counties have earmarked close to half a billion forints for a program that places students in temporary jobs this summer,...

Automotive

AutoWallis’s Retail Sales See Continued Growth

The increase in new vehicle sales at the AutoWallis Group’s Retail Business Unit significantly surpassed both the Hungarian and regional...

Innovation

50% of Ransomware Victims Saved by Backups

More than half of the Hungarian companies attacked by ransomware in 2023 used their own data backup methods and did...

Residential

Home Rental Rates in Hungary Rise 10.3% in June

Home rental rates in Hungary rose 10.3% year-on-year in June, data compiled by the Central Statistical Office (KSH) from listings...

Appointments

Alex Henriksen Named Tetra Pak’s Managing Director for Eastern Europe

Tetra Pak announced the appointment of Alex Henriksen as its managing director for the Eastern European region, effective August 1,...

Logistics

Hungary’s Largest Speculative Industrial Property Nearing Completion

Hungary's largest speculative industrial property, developed by HelloParks, is nearing completion. The 60,000 sqm BigBox-type AN1 warehouse will be ready...

Transport

Watchdog Fines Booking.com Operator HUF 383 mln for Non-compliance

Hungary's Competition Office (GVH) on Monday said it fined the operator of booking.com close to HUF 383 million for failing...

Construction

Construction Output up 7.2% Year-on-year

Construction output volume in Hungary, based on raw data by the Central Statistical Office (KSH), surpassed the previous year’s level...

Science

Hungarian Unis Advance in QS Ranking

Some eight Hungarian universities have advanced in the latest annual ranking of higher education institutions in Europe by Quacquarelli Symonds...

Interview

Delivering on Guest Experience and Associate Engagement

Angela Saliba, the first female GM to lead the Marriott Budapest, took up her post on May 1. In her...

Newmark VLK Identifies Opportunities for Office Redevelopment

Hundreds of thousands of square meters of office space are expected to become available in Budapest as state organizations relocate...

New Tenants at Academia Offices

Several high-profile office deals were signed in H1 2024 at ConvergenCE's Academia Offices, involving companies like Saab, Shapr3D, and Roland...

Competition Office Launches Probe of Aldi

Hungary's Competition Office (GVH) on Thursday announced the launch of a probe against the local unit of German supermarket chain...

Regus Fészek Office Building Opens in Pécs

Fressnapf International Business Services (Fibs) the international business center of the Fressnapf Group, Europe's leading omnichannel pet supplies retailer, opened...

Hungary R&D Spending Reaches HUF 1.032 tln in 2023

Spending on research and development in Hungary reached HUF 1.032 tln in 2023, data compiled by the Central Statistical Office...

Counties Top up Summer Jobs Scheme Funding

Counties have earmarked close to half a billion forints for a program that places students in temporary jobs this summer,...

AutoWallis’s Retail Sales See Continued Growth

The increase in new vehicle sales at the AutoWallis Group’s Retail Business Unit significantly surpassed both the Hungarian and regional...

50% of Ransomware Victims Saved by Backups

More than half of the Hungarian companies attacked by ransomware in 2023 used their own data backup methods and did...

Home Rental Rates in Hungary Rise 10.3% in June

Home rental rates in Hungary rose 10.3% year-on-year in June, data compiled by the Central Statistical Office (KSH) from listings...

Alex Henriksen Named Tetra Pak’s Managing Director for Eastern Europe

Tetra Pak announced the appointment of Alex Henriksen as its managing director for the Eastern European region, effective August 1,...

Hungary’s Largest Speculative Industrial Property Nearing Completion

Hungary's largest speculative industrial property, developed by HelloParks, is nearing completion. The 60,000 sqm BigBox-type AN1 warehouse will be ready...

Watchdog Fines Booking.com Operator HUF 383 mln for Non-compliance

Hungary's Competition Office (GVH) on Monday said it fined the operator of booking.com close to HUF 383 million for failing...

Construction Output up 7.2% Year-on-year

Construction output volume in Hungary, based on raw data by the Central Statistical Office (KSH), surpassed the previous year’s level...

Hungarian Unis Advance in QS Ranking

Some eight Hungarian universities have advanced in the latest annual ranking of higher education institutions in Europe by Quacquarelli Symonds...

Delivering on Guest Experience and Associate Engagement

Angela Saliba, the first female GM to lead the Marriott Budapest, took up her post on May 1. In her...