Business

Innovation

Chameleon Smart Home Adopts Licensing Model for Int’l Expansion

Chameleon Smart Home, a Hungarian startup that offers a brand-independent smart home system hub, has adopted a licensing model for...

Automotive

AutoWallis Group Closes Record Year at Regional Level

AutoWallis Group’s sales have set records across all business units in 2023: the car sales and mobility service provider plays...

Telco

Magyar Telekom Rolling out Inflation-based Fee Adjustment

Magyar Telekom will roll out a 15% inflation-based fee adjustment across its customer contracts from March 1, 2024, the telco...

Appointments

New Partner at Bán, S. Szabó, Rausch & Partners Law Firm

Kinga László-Bölcskei, who has worked with the firm since 2010 and has been an associate attorney since 2012, has been...

Logistics

Rossmann Developing 28,000 sqm Logistics Center in Üllő

Rossmann is developing a 28,000 sqm logistics center and a 4,000 sqm office in Üllő (30 km southeast of Budapest),...

Transport

Next Stage of Southern Circular Railway Begins

The next stage of the development of the Southern Circular Railway began this week, the Ministry of Construction and Transport...

Appointments

Flóra Baranyi Joins ConvergenCE Construction & Project Management Team

Flóra Baranyi has joined ConvergenCE's construction and project management team, bringing aboard almost two decades of professional experience, the company...

Sustainability

Allee Shopping Center GRESB ESG Rating, Affirmed as One of Europe’s Most Sustainable Retail Destinations

Allee Shopping Center in Budapest was assessed as one of the most sustainable shopping centers on the continent. Having secured...

Deals

Gránit Bank to Acquire Local Leasing Businesses of De Lage Landen Int’l

Gránit Bank is acquiring the Hungarian leasing businesses of De Lage Landen International, based in the Netherlands, the lender said...

Automotive

Automotive Industry Output Falls 1.7% in November

The output of the automotive industry, Hungary's most significant manufacturing sector, slipped 1.7% year-on-year in November, falling for the first...

Interview

Largest Pharmaceutical Wholesaler Gets Fresh Expert Management

Hungaropharma Gyógyszerkereskedelmi Zrt. turns 75 in 2024, and Judit Füzesi, a member of the senior management since 2011, took over...

Transport

Air China to Add Beijing-Budapest Flight

Air China will add a third weekly flight between Beijing and Budapest from April, Ferenc Liszt International operator Budapest Airport...

Construction

Construction Output Down 12.8% y.o.y. in November

Construction output volume, based on raw data, lagged behind the previous year’s level by 12.8% in November 2023, according to...

Appointments

New Partner Heading Jalsovszky Law Firm’s Tax Advisory Group

After four years of experience in Big 4 tax advisory firms and a nine-year career at the Jalsovszky Law Firm,...

Construction

Slovakia Construction Output Rises in November

Slovakia's construction output increased 6.9% year-on-year in November from a 5% rise in the previous month, data from the Slovak...

Innovation

Chameleon Smart Home Adopts Licensing Model for Int’l Expansion

Chameleon Smart Home, a Hungarian startup that offers a brand-independent smart home system hub, has adopted a licensing model for...

Automotive

AutoWallis Group Closes Record Year at Regional Level

AutoWallis Group’s sales have set records across all business units in 2023: the car sales and mobility service provider plays...

Telco

Magyar Telekom Rolling out Inflation-based Fee Adjustment

Magyar Telekom will roll out a 15% inflation-based fee adjustment across its customer contracts from March 1, 2024, the telco...

Appointments

New Partner at Bán, S. Szabó, Rausch & Partners Law Firm

Kinga László-Bölcskei, who has worked with the firm since 2010 and has been an associate attorney since 2012, has been...

Logistics

Rossmann Developing 28,000 sqm Logistics Center in Üllő

Rossmann is developing a 28,000 sqm logistics center and a 4,000 sqm office in Üllő (30 km southeast of Budapest),...

Transport

Next Stage of Southern Circular Railway Begins

The next stage of the development of the Southern Circular Railway began this week, the Ministry of Construction and Transport...

Appointments

Flóra Baranyi Joins ConvergenCE Construction & Project Management Team

Flóra Baranyi has joined ConvergenCE's construction and project management team, bringing aboard almost two decades of professional experience, the company...

Sustainability

Allee Shopping Center GRESB ESG Rating, Affirmed as One of Europe’s Most Sustainable Retail Destinations

Allee Shopping Center in Budapest was assessed as one of the most sustainable shopping centers on the continent. Having secured...

Deals

Gránit Bank to Acquire Local Leasing Businesses of De Lage Landen Int’l

Gránit Bank is acquiring the Hungarian leasing businesses of De Lage Landen International, based in the Netherlands, the lender said...

Automotive

Automotive Industry Output Falls 1.7% in November

The output of the automotive industry, Hungary's most significant manufacturing sector, slipped 1.7% year-on-year in November, falling for the first...

Interview

Largest Pharmaceutical Wholesaler Gets Fresh Expert Management

Hungaropharma Gyógyszerkereskedelmi Zrt. turns 75 in 2024, and Judit Füzesi, a member of the senior management since 2011, took over...

Transport

Air China to Add Beijing-Budapest Flight

Air China will add a third weekly flight between Beijing and Budapest from April, Ferenc Liszt International operator Budapest Airport...

Construction

Construction Output Down 12.8% y.o.y. in November

Construction output volume, based on raw data, lagged behind the previous year’s level by 12.8% in November 2023, according to...

Appointments

New Partner Heading Jalsovszky Law Firm’s Tax Advisory Group

After four years of experience in Big 4 tax advisory firms and a nine-year career at the Jalsovszky Law Firm,...

Construction

Slovakia Construction Output Rises in November

Slovakia's construction output increased 6.9% year-on-year in November from a 5% rise in the previous month, data from the Slovak...

Chameleon Smart Home Adopts Licensing Model for Int’l Expansion

Chameleon Smart Home, a Hungarian startup that offers a brand-independent smart home system hub, has adopted a licensing model for...

AutoWallis Group Closes Record Year at Regional Level

AutoWallis Group’s sales have set records across all business units in 2023: the car sales and mobility service provider plays...

Magyar Telekom Rolling out Inflation-based Fee Adjustment

Magyar Telekom will roll out a 15% inflation-based fee adjustment across its customer contracts from March 1, 2024, the telco...

New Partner at Bán, S. Szabó, Rausch & Partners Law Firm

Kinga László-Bölcskei, who has worked with the firm since 2010 and has been an associate attorney since 2012, has been...

Rossmann Developing 28,000 sqm Logistics Center in Üllő

Rossmann is developing a 28,000 sqm logistics center and a 4,000 sqm office in Üllő (30 km southeast of Budapest),...

Next Stage of Southern Circular Railway Begins

The next stage of the development of the Southern Circular Railway began this week, the Ministry of Construction and Transport...

Flóra Baranyi Joins ConvergenCE Construction & Project Management Team

Flóra Baranyi has joined ConvergenCE's construction and project management team, bringing aboard almost two decades of professional experience, the company...

Allee Shopping Center GRESB ESG Rating, Affirmed as One of Europe’s Most Sustainable Retail Destinations

Allee Shopping Center in Budapest was assessed as one of the most sustainable shopping centers on the continent. Having secured...

Gránit Bank to Acquire Local Leasing Businesses of De Lage Landen Int’l

Gránit Bank is acquiring the Hungarian leasing businesses of De Lage Landen International, based in the Netherlands, the lender said...

Automotive Industry Output Falls 1.7% in November

The output of the automotive industry, Hungary's most significant manufacturing sector, slipped 1.7% year-on-year in November, falling for the first...

Largest Pharmaceutical Wholesaler Gets Fresh Expert Management

Hungaropharma Gyógyszerkereskedelmi Zrt. turns 75 in 2024, and Judit Füzesi, a member of the senior management since 2011, took over...

Air China to Add Beijing-Budapest Flight

Air China will add a third weekly flight between Beijing and Budapest from April, Ferenc Liszt International operator Budapest Airport...

Construction Output Down 12.8% y.o.y. in November

Construction output volume, based on raw data, lagged behind the previous year’s level by 12.8% in November 2023, according to...

New Partner Heading Jalsovszky Law Firm’s Tax Advisory Group

After four years of experience in Big 4 tax advisory firms and a nine-year career at the Jalsovszky Law Firm,...

Slovakia Construction Output Rises in November

Slovakia's construction output increased 6.9% year-on-year in November from a 5% rise in the previous month, data from the Slovak...