Business

Automotive

Mercedes-Benz Manufacturing Hungary to Raise Wages

Mercedes-Benz Manufacturing Hungary will raise wages by 8% from April 1 and by another 5% from April 1, 2025, a...

Residential

Young People Primarily Buying Second-hand Homes

Second-hand homes, which are 20% cheaper than the national average price, are the favorite among the youngest age group present...

HR

Hungarians Unhappy With Salaries, Saving Wherever They Can

As in most HR Matters columns, we start this month with the GKI Economic Sentiment Index, composed of two elements:...

Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practice

Schoenherr has reinforced its M&A practice in Central Eastern Europe with the new hire of Miklós Klenanc, senior attorney at...

Telco

Yettel to Wind up Network Upgrade in 2024

Telco firm Yettel will finish a network upgrade program launched in 2020 this year, deputy-CEO György Koller said on Wednesday,...

Science

Popular Pain Meds Could Worsen Some Disease Symptoms

Non-steroidal anti-inflammatory drugs (NSAIDs), such as those containing ibuprofen or acetylsalicylic acid, can potentially worsen the symptoms of certain diseases...

HR

Hungary Labor Costs 3rd-lowest in EU

Hourly labor costs at enterprises with at least 10 people on payroll stood at EUR 12.8 in Hungary last year,...

Retail

Spring Weather Raising Interest in Leisure Products

Interest in products related to leisure programs has picked up both in Hungary and in the countries of the region...

Manufacturing

Bosnia Industrial Output up in February

Bosnia's industrial production rose 2.1% on the year in February, following a 6.4% decline in January, the Sarajevo-based Agency for...

Innovation

Wizz Air Using VR for Pilot Training

Wizz Air is striving to be the first to use technology controlled by virtual reality in its pilot training, the...

Office Market

Futureal Sells 2 Buildings of Lipowy Office Park

Futureal Investment Partners, a member of Futureal Group, and 1 Asset Management, an investment management company, backed by real estate...

Manufacturing

Lithuania Industrial Output Jumps in February

Industrial production in Lithuania rose 3.8% year-on-year in February, accelerating from a downwardly revised 0.4% rise in the previous month,...

Innovation

Gloster Expects to Pay Dividend From 2026

Listed IT company Gloster projected a marked increase in turnover in the coming years, supported by organic growth on foreign...

Appointments

Prohuman Appoints New CEO

Ágnes Tóth has been appointed as CEO by the Board of Directors of Prohuman Zrt., a group of companies operating...

Manufacturing

Rheinmetall Lays Cornerstone of Another Plant in Hungary

German defense industry company Rheinmetall laid the cornerstone of a EUR 63 million plant that will produce components for electric...

Automotive

Mercedes-Benz Manufacturing Hungary to Raise Wages

Mercedes-Benz Manufacturing Hungary will raise wages by 8% from April 1 and by another 5% from April 1, 2025, a...

Residential

Young People Primarily Buying Second-hand Homes

Second-hand homes, which are 20% cheaper than the national average price, are the favorite among the youngest age group present...

HR

Hungarians Unhappy With Salaries, Saving Wherever They Can

As in most HR Matters columns, we start this month with the GKI Economic Sentiment Index, composed of two elements:...

Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practice

Schoenherr has reinforced its M&A practice in Central Eastern Europe with the new hire of Miklós Klenanc, senior attorney at...

Telco

Yettel to Wind up Network Upgrade in 2024

Telco firm Yettel will finish a network upgrade program launched in 2020 this year, deputy-CEO György Koller said on Wednesday,...

Science

Popular Pain Meds Could Worsen Some Disease Symptoms

Non-steroidal anti-inflammatory drugs (NSAIDs), such as those containing ibuprofen or acetylsalicylic acid, can potentially worsen the symptoms of certain diseases...

HR

Hungary Labor Costs 3rd-lowest in EU

Hourly labor costs at enterprises with at least 10 people on payroll stood at EUR 12.8 in Hungary last year,...

Retail

Spring Weather Raising Interest in Leisure Products

Interest in products related to leisure programs has picked up both in Hungary and in the countries of the region...

Manufacturing

Bosnia Industrial Output up in February

Bosnia's industrial production rose 2.1% on the year in February, following a 6.4% decline in January, the Sarajevo-based Agency for...

Innovation

Wizz Air Using VR for Pilot Training

Wizz Air is striving to be the first to use technology controlled by virtual reality in its pilot training, the...

Office Market

Futureal Sells 2 Buildings of Lipowy Office Park

Futureal Investment Partners, a member of Futureal Group, and 1 Asset Management, an investment management company, backed by real estate...

Manufacturing

Lithuania Industrial Output Jumps in February

Industrial production in Lithuania rose 3.8% year-on-year in February, accelerating from a downwardly revised 0.4% rise in the previous month,...

Innovation

Gloster Expects to Pay Dividend From 2026

Listed IT company Gloster projected a marked increase in turnover in the coming years, supported by organic growth on foreign...

Appointments

Prohuman Appoints New CEO

Ágnes Tóth has been appointed as CEO by the Board of Directors of Prohuman Zrt., a group of companies operating...

Manufacturing

Rheinmetall Lays Cornerstone of Another Plant in Hungary

German defense industry company Rheinmetall laid the cornerstone of a EUR 63 million plant that will produce components for electric...

Mercedes-Benz Manufacturing Hungary to Raise Wages

Mercedes-Benz Manufacturing Hungary will raise wages by 8% from April 1 and by another 5% from April 1, 2025, a...

Young People Primarily Buying Second-hand Homes

Second-hand homes, which are 20% cheaper than the national average price, are the favorite among the youngest age group present...

Hungarians Unhappy With Salaries, Saving Wherever They Can

As in most HR Matters columns, we start this month with the GKI Economic Sentiment Index, composed of two elements:...

Schoenherr Names Miklós Klenanc as Head of Local M&A Practice

Schoenherr has reinforced its M&A practice in Central Eastern Europe with the new hire of Miklós Klenanc, senior attorney at...

Yettel to Wind up Network Upgrade in 2024

Telco firm Yettel will finish a network upgrade program launched in 2020 this year, deputy-CEO György Koller said on Wednesday,...

Popular Pain Meds Could Worsen Some Disease Symptoms

Non-steroidal anti-inflammatory drugs (NSAIDs), such as those containing ibuprofen or acetylsalicylic acid, can potentially worsen the symptoms of certain diseases...

Hungary Labor Costs 3rd-lowest in EU

Hourly labor costs at enterprises with at least 10 people on payroll stood at EUR 12.8 in Hungary last year,...

Spring Weather Raising Interest in Leisure Products

Interest in products related to leisure programs has picked up both in Hungary and in the countries of the region...

Bosnia Industrial Output up in February

Bosnia's industrial production rose 2.1% on the year in February, following a 6.4% decline in January, the Sarajevo-based Agency for...

Wizz Air Using VR for Pilot Training

Wizz Air is striving to be the first to use technology controlled by virtual reality in its pilot training, the...

Futureal Sells 2 Buildings of Lipowy Office Park

Futureal Investment Partners, a member of Futureal Group, and 1 Asset Management, an investment management company, backed by real estate...

Lithuania Industrial Output Jumps in February

Industrial production in Lithuania rose 3.8% year-on-year in February, accelerating from a downwardly revised 0.4% rise in the previous month,...

Gloster Expects to Pay Dividend From 2026

Listed IT company Gloster projected a marked increase in turnover in the coming years, supported by organic growth on foreign...

Prohuman Appoints New CEO

Ágnes Tóth has been appointed as CEO by the Board of Directors of Prohuman Zrt., a group of companies operating...

Rheinmetall Lays Cornerstone of Another Plant in Hungary

German defense industry company Rheinmetall laid the cornerstone of a EUR 63 million plant that will produce components for electric...