Business

Office Market

Investment Activity Restrained Across CEE Region in 2023

Total CEE investment for 2023 stood at around EUR 4.9 billion, according to preliminary figures from Colliers. The forecast for...

Sustainability

Hungarian Architects Using Space Tech to Reduce Carbon Emissions

Hungarian architecture firm Paulinyi & Partners has signed a contract with the European Space Agency (ESA) to participate in the...

Construction

Construction Sector Output Drops 4.3%

The output of Hungary's construction sector dropped 4.3% year-on-year in December, according to data released by the Central Statistical Office...

Automotive

Transformation of Driving Habits: 25-30% More People Used Carsharing in 2023

Three domestic carsharing providers, GreenGo, Wigo (known as Share Now) and MOL Limo, have collectively driven more than 70 million...

Residential

Home Rental Rates in Hungary Rise 12.6% in January

Home rental rates in Hungary rose 12.6% year-on-year in January, data compiled by the Central Statistical Office (KSH) from listings...

Manufacturing

László Bige Acquitted on Charges of Accepting Kickbacks

László Bige, the owner of Nitroglnművek, Hungary's biggest artificial fertilizer maker, was acquitted on charges of accepting kickbacks by an...

Automotive

Stellantis Aims to Start Production of EDMs in Hungary in Late 2026

Stellantis targets the start of production of electric drive modules (EDMs) at its plant in Szentgotthárd late in 2026, the...

Residential

National and Capital Real Estate Prices Diverge

National and capital real estate prices followed different paths in January, with housing prices decreasing minimally nationally, while a significant...

Automotive

AutoWallis Marks 5th Anniversary on BSE

Executives of car seller AutoWallis ceremoniously rang the opening bell of the Budapest Stock Exchange yesterday to mark the fifth...

Construction

Hungaroring Upgrade Advancing ‘Full Steam Ahead’

The upgrade of the Hungaroring race track on the outskirts of Budapest, home to the Formula 1 Hungarian Grand Prix,...

Automotive

Online Car Shopping Popularity Grows, but Dealerships Retain Importance

Almost everyone now searches online when buying a new car, but the majority still sign a contract at a dealership,...

Transport

Wizz Air Improves Environmental Rating

Wizz Air received a “B” score in the 2023 climate ranking by the global environmental disclosure nonprofit organization CDP, improving...

Manufacturing

Slovakia Industrial Output Slows on Year in December 

Industrial production in Slovakia fell 0.1% year-on-year in December, slowing from a 1.9% fall in the previous month, the Slovak...

Innovation

Hungarian Innovation Grand Prix Receives 56 Applicants

The Hungarian Innovation Association announced that various Hungarian companies had submitted a total of 56 applications for the Hungarian Innovation...

Automotive

German Carmakers Part of Chinese Firms’ Attraction to Hungary – Szijjártó

Minister of Foreign Affairs and Trade Péter Szijjártó pointed to the role German car makers have played in making Hungary...

Office Market

Investment Activity Restrained Across CEE Region in 2023

Total CEE investment for 2023 stood at around EUR 4.9 billion, according to preliminary figures from Colliers. The forecast for...

Sustainability

Hungarian Architects Using Space Tech to Reduce Carbon Emissions

Hungarian architecture firm Paulinyi & Partners has signed a contract with the European Space Agency (ESA) to participate in the...

Construction

Construction Sector Output Drops 4.3%

The output of Hungary's construction sector dropped 4.3% year-on-year in December, according to data released by the Central Statistical Office...

Automotive

Transformation of Driving Habits: 25-30% More People Used Carsharing in 2023

Three domestic carsharing providers, GreenGo, Wigo (known as Share Now) and MOL Limo, have collectively driven more than 70 million...

Residential

Home Rental Rates in Hungary Rise 12.6% in January

Home rental rates in Hungary rose 12.6% year-on-year in January, data compiled by the Central Statistical Office (KSH) from listings...

Manufacturing

László Bige Acquitted on Charges of Accepting Kickbacks

László Bige, the owner of Nitroglnművek, Hungary's biggest artificial fertilizer maker, was acquitted on charges of accepting kickbacks by an...

Automotive

Stellantis Aims to Start Production of EDMs in Hungary in Late 2026

Stellantis targets the start of production of electric drive modules (EDMs) at its plant in Szentgotthárd late in 2026, the...

Residential

National and Capital Real Estate Prices Diverge

National and capital real estate prices followed different paths in January, with housing prices decreasing minimally nationally, while a significant...

Automotive

AutoWallis Marks 5th Anniversary on BSE

Executives of car seller AutoWallis ceremoniously rang the opening bell of the Budapest Stock Exchange yesterday to mark the fifth...

Construction

Hungaroring Upgrade Advancing ‘Full Steam Ahead’

The upgrade of the Hungaroring race track on the outskirts of Budapest, home to the Formula 1 Hungarian Grand Prix,...

Automotive

Online Car Shopping Popularity Grows, but Dealerships Retain Importance

Almost everyone now searches online when buying a new car, but the majority still sign a contract at a dealership,...

Transport

Wizz Air Improves Environmental Rating

Wizz Air received a “B” score in the 2023 climate ranking by the global environmental disclosure nonprofit organization CDP, improving...

Manufacturing

Slovakia Industrial Output Slows on Year in December 

Industrial production in Slovakia fell 0.1% year-on-year in December, slowing from a 1.9% fall in the previous month, the Slovak...

Innovation

Hungarian Innovation Grand Prix Receives 56 Applicants

The Hungarian Innovation Association announced that various Hungarian companies had submitted a total of 56 applications for the Hungarian Innovation...

Automotive

German Carmakers Part of Chinese Firms’ Attraction to Hungary – Szijjártó

Minister of Foreign Affairs and Trade Péter Szijjártó pointed to the role German car makers have played in making Hungary...

Investment Activity Restrained Across CEE Region in 2023

Total CEE investment for 2023 stood at around EUR 4.9 billion, according to preliminary figures from Colliers. The forecast for...

Hungarian Architects Using Space Tech to Reduce Carbon Emissions

Hungarian architecture firm Paulinyi & Partners has signed a contract with the European Space Agency (ESA) to participate in the...

Construction Sector Output Drops 4.3%

The output of Hungary's construction sector dropped 4.3% year-on-year in December, according to data released by the Central Statistical Office...

Transformation of Driving Habits: 25-30% More People Used Carsharing in 2023

Three domestic carsharing providers, GreenGo, Wigo (known as Share Now) and MOL Limo, have collectively driven more than 70 million...

Home Rental Rates in Hungary Rise 12.6% in January

Home rental rates in Hungary rose 12.6% year-on-year in January, data compiled by the Central Statistical Office (KSH) from listings...

László Bige Acquitted on Charges of Accepting Kickbacks

László Bige, the owner of Nitroglnművek, Hungary's biggest artificial fertilizer maker, was acquitted on charges of accepting kickbacks by an...

Stellantis Aims to Start Production of EDMs in Hungary in Late 2026

Stellantis targets the start of production of electric drive modules (EDMs) at its plant in Szentgotthárd late in 2026, the...

National and Capital Real Estate Prices Diverge

National and capital real estate prices followed different paths in January, with housing prices decreasing minimally nationally, while a significant...

AutoWallis Marks 5th Anniversary on BSE

Executives of car seller AutoWallis ceremoniously rang the opening bell of the Budapest Stock Exchange yesterday to mark the fifth...

Hungaroring Upgrade Advancing ‘Full Steam Ahead’

The upgrade of the Hungaroring race track on the outskirts of Budapest, home to the Formula 1 Hungarian Grand Prix,...

Online Car Shopping Popularity Grows, but Dealerships Retain Importance

Almost everyone now searches online when buying a new car, but the majority still sign a contract at a dealership,...

Wizz Air Improves Environmental Rating

Wizz Air received a “B” score in the 2023 climate ranking by the global environmental disclosure nonprofit organization CDP, improving...

Slovakia Industrial Output Slows on Year in December 

Industrial production in Slovakia fell 0.1% year-on-year in December, slowing from a 1.9% fall in the previous month, the Slovak...

Hungarian Innovation Grand Prix Receives 56 Applicants

The Hungarian Innovation Association announced that various Hungarian companies had submitted a total of 56 applications for the Hungarian Innovation...

German Carmakers Part of Chinese Firms’ Attraction to Hungary – Szijjártó

Minister of Foreign Affairs and Trade Péter Szijjártó pointed to the role German car makers have played in making Hungary...