Business

Sustainability

ESG Compatibility: The Future of the Real Estate Market

A paradigm shift in real estate development, rising vacancy rates, tenant caution and a change in the function of facilities...

HR

McDonald’s Units in Hungary to Close on December 24

In the interests of the company's workers and their families, McDonald's restaurants in Hungary will be closed from 6 a.m....

Retail

Albania Retail Sales up in Q3

Albania's retail sales increased by a real 5.6% year-on-year in the third quarter of 2023, slightly decelerating from a 5.8%...

Transport

Logistics Fees Could Increase 20-25% Next Year

Freight and logistics fees may increase by about 20-25% in 2024, according to the forecast of the Association of Hungarian...

Sustainability

Budapest Airport Publishes Its 2nd Sustainability Report

Budapest Airport published its latest sustainability report this month. The report for 2022 is Budapest Airport’s second report, following the...

Construction

Hungarian Construction Industry Employing 15,000-20,000 Foreigners

Hungarian construction industry companies employed between 15,000 and 20,000 foreigners in 2023, industry association Évosz said on Tuesday, according to...

Manufacturing

Ganz Rotating Machine Division Returns Successfully to the Int’l Market

Representatives of Ganz Transformers and Electric Rotating Machines (Ganz) have signed six new international contracts worth a total of EUR...

Automotive

Rába, Nurol Makina Set up JV

Hungary's Rába Vehicle and Nurol Makina Hungary, the local unit of Turkish defense industry company Nurol Makina, signed documents on...

Construction

Construction Sector Output Edges up 0.1% y.o.y. in October

The output of Hungary's construction sector edged up 0.1% year-on-year in October, after falling 6% in the previous month, according...

Residential

Real Estate Prices Declined in November

Hungary saw a decrease in real estate prices in November, according to infostart.hu. The average fall was 0.2%, but there...

Innovation

Femtonics Set to Close 2023 With Turnover of Over HUF 4 bln

Hungary's Femtonics, which makes laser scanning microscopes, expects turnover to more than triple in 2023, the company told MTI....

Science

Debrecen Uni Sets up Pilot Research Lab 

The University of Debrecen (225 km east of Budapest) wound up a project to set up a pilot research laboratory...

Inside View

Investment 2023 Chapter Closes, and 2024 Opens, but What Changes?

Another year, another crisis. What’s new? COVID may have almost disappeared, but the war in Ukraine drags on with no...

Deals

Hungary Partners With Rheinmetall on Tank Development

The Hungarian government has joined forces with Rheinmetall on the development of a next-generation battle tank in the framework of...

Manufacturing

ZF to Invest HUF 24 bln in EV Components Production in Hungary

German automotive industry supplier ZF will invest HUF 24 billion at its bases in Kecskemét and Debrecen, Minister of Foreign...

Sustainability

ESG Compatibility: The Future of the Real Estate Market

A paradigm shift in real estate development, rising vacancy rates, tenant caution and a change in the function of facilities...

HR

McDonald’s Units in Hungary to Close on December 24

In the interests of the company's workers and their families, McDonald's restaurants in Hungary will be closed from 6 a.m....

Retail

Albania Retail Sales up in Q3

Albania's retail sales increased by a real 5.6% year-on-year in the third quarter of 2023, slightly decelerating from a 5.8%...

Transport

Logistics Fees Could Increase 20-25% Next Year

Freight and logistics fees may increase by about 20-25% in 2024, according to the forecast of the Association of Hungarian...

Sustainability

Budapest Airport Publishes Its 2nd Sustainability Report

Budapest Airport published its latest sustainability report this month. The report for 2022 is Budapest Airport’s second report, following the...

Construction

Hungarian Construction Industry Employing 15,000-20,000 Foreigners

Hungarian construction industry companies employed between 15,000 and 20,000 foreigners in 2023, industry association Évosz said on Tuesday, according to...

Manufacturing

Ganz Rotating Machine Division Returns Successfully to the Int’l Market

Representatives of Ganz Transformers and Electric Rotating Machines (Ganz) have signed six new international contracts worth a total of EUR...

Automotive

Rába, Nurol Makina Set up JV

Hungary's Rába Vehicle and Nurol Makina Hungary, the local unit of Turkish defense industry company Nurol Makina, signed documents on...

Construction

Construction Sector Output Edges up 0.1% y.o.y. in October

The output of Hungary's construction sector edged up 0.1% year-on-year in October, after falling 6% in the previous month, according...

Residential

Real Estate Prices Declined in November

Hungary saw a decrease in real estate prices in November, according to infostart.hu. The average fall was 0.2%, but there...

Innovation

Femtonics Set to Close 2023 With Turnover of Over HUF 4 bln

Hungary's Femtonics, which makes laser scanning microscopes, expects turnover to more than triple in 2023, the company told MTI....

Science

Debrecen Uni Sets up Pilot Research Lab 

The University of Debrecen (225 km east of Budapest) wound up a project to set up a pilot research laboratory...

Inside View

Investment 2023 Chapter Closes, and 2024 Opens, but What Changes?

Another year, another crisis. What’s new? COVID may have almost disappeared, but the war in Ukraine drags on with no...

Deals

Hungary Partners With Rheinmetall on Tank Development

The Hungarian government has joined forces with Rheinmetall on the development of a next-generation battle tank in the framework of...

Manufacturing

ZF to Invest HUF 24 bln in EV Components Production in Hungary

German automotive industry supplier ZF will invest HUF 24 billion at its bases in Kecskemét and Debrecen, Minister of Foreign...

ESG Compatibility: The Future of the Real Estate Market

A paradigm shift in real estate development, rising vacancy rates, tenant caution and a change in the function of facilities...

McDonald’s Units in Hungary to Close on December 24

In the interests of the company's workers and their families, McDonald's restaurants in Hungary will be closed from 6 a.m....

Albania Retail Sales up in Q3

Albania's retail sales increased by a real 5.6% year-on-year in the third quarter of 2023, slightly decelerating from a 5.8%...

Logistics Fees Could Increase 20-25% Next Year

Freight and logistics fees may increase by about 20-25% in 2024, according to the forecast of the Association of Hungarian...

Budapest Airport Publishes Its 2nd Sustainability Report

Budapest Airport published its latest sustainability report this month. The report for 2022 is Budapest Airport’s second report, following the...

Hungarian Construction Industry Employing 15,000-20,000 Foreigners

Hungarian construction industry companies employed between 15,000 and 20,000 foreigners in 2023, industry association Évosz said on Tuesday, according to...

Ganz Rotating Machine Division Returns Successfully to the Int’l Market

Representatives of Ganz Transformers and Electric Rotating Machines (Ganz) have signed six new international contracts worth a total of EUR...

Rába, Nurol Makina Set up JV

Hungary's Rába Vehicle and Nurol Makina Hungary, the local unit of Turkish defense industry company Nurol Makina, signed documents on...

Construction Sector Output Edges up 0.1% y.o.y. in October

The output of Hungary's construction sector edged up 0.1% year-on-year in October, after falling 6% in the previous month, according...

Real Estate Prices Declined in November

Hungary saw a decrease in real estate prices in November, according to infostart.hu. The average fall was 0.2%, but there...

Femtonics Set to Close 2023 With Turnover of Over HUF 4 bln

Hungary's Femtonics, which makes laser scanning microscopes, expects turnover to more than triple in 2023, the company told MTI....

Debrecen Uni Sets up Pilot Research Lab 

The University of Debrecen (225 km east of Budapest) wound up a project to set up a pilot research laboratory...

Investment 2023 Chapter Closes, and 2024 Opens, but What Changes?

Another year, another crisis. What’s new? COVID may have almost disappeared, but the war in Ukraine drags on with no...

Hungary Partners With Rheinmetall on Tank Development

The Hungarian government has joined forces with Rheinmetall on the development of a next-generation battle tank in the framework of...

ZF to Invest HUF 24 bln in EV Components Production in Hungary

German automotive industry supplier ZF will invest HUF 24 billion at its bases in Kecskemét and Debrecen, Minister of Foreign...