Business

Sustainability

Market Group Switching to Sustainable Operations Within 3 Years

The Market Group will switch to sustainable corporate operations within three years, the construction industry player said in its sustainability...

Office Market

BSCs an Essential Part of Budapest Office Market Development

Hungary, and Central Europe in general, has successfully promoted itself as advanced but cost-effective business destinations for international companies looking...

Interview

Thermo Fisher Looking to Expand GBSC Despite Hiring Challenges

To enable customers to make the world healthier, cleaner and safer is the mission of Thermo Fisher Scientific, which opened...

Manufacturing

Production Resumes at Ganz’s Szolnok Plant

Production at the Ganz Metal Works plant in Szolnok restarted this week. The site, which was bought back by the...

Telco

Financial Expenses Put 4iG in Red

Listed ICT company 4iG booked a HUF 6.4 billion loss for Q1-Q3 as financial expenses weighed, state news wire MTI...

Residential

Real Estate Sales May Be Stronger Than Usual in December

Duna House and Credipass experts expect "dumping" in the real estate market this December, according to profitline.hu....

Retail

Estonia Retail Sales Drop in October 

Estonian retail trade fell by 4.8% year-on-year in October, following a 6.7% decline in the previous month, data from the...

Innovation

Over Half of SSCs Plan to Broaden Service Palette

More than half of shared services centers in Hungary expect to broaden their range of activities and over 80% want...

Automotive

Border Austrians Flocking to Hungary for Cheaper Driving Lessons

Austrians have been flooding Hungarian towns close to the Hungarian–Austrian border to get cheaper driving lessons, according to Blikk....

Automotive

AutoWallis Exceeds Entire 2022 Revenue, Profit in 9 Months

The AutoWallis Group has continued its growth in the first nine months of the year, having exceeded last year’s revenue...

Retail

Slovenia Retail Sales Fall at Softer Pace in October

Slovenia's retail sales declined for the ninth straight month to 15.6% year-on-year in October, although easing from an upwardly revised...

Manufacturing

Industrial Producer Prices Down 6.6% y.o.y. in October

Industrial producer prices in Hungary were 6.6% lower on average in October 2023 compared to a year earlier, according to...

Transport

Passenger Rail Linking Szeged, Subotica Restarts After 8 Years

Passenger rail transport between Szeged (170 km southeast of Budapest) and Subotica, Serbia, has restarted after eight years with five...

Retail

Lithuania Retail Sales Fall in October

Retail sales in Lithuania fell by 0.4% year-on-year in October, easing from an upwardly revised 2.8% decrease in the previous...

Office Market

IWG Expands Footprint in Hungary With 2 New Locations

International Workplace Group (IWG) is expanding its footprint in Budapest and Debrecen, Hungary with the addition of two new workspaces...

Sustainability

Market Group Switching to Sustainable Operations Within 3 Years

The Market Group will switch to sustainable corporate operations within three years, the construction industry player said in its sustainability...

Office Market

BSCs an Essential Part of Budapest Office Market Development

Hungary, and Central Europe in general, has successfully promoted itself as advanced but cost-effective business destinations for international companies looking...

Interview

Thermo Fisher Looking to Expand GBSC Despite Hiring Challenges

To enable customers to make the world healthier, cleaner and safer is the mission of Thermo Fisher Scientific, which opened...

Manufacturing

Production Resumes at Ganz’s Szolnok Plant

Production at the Ganz Metal Works plant in Szolnok restarted this week. The site, which was bought back by the...

Telco

Financial Expenses Put 4iG in Red

Listed ICT company 4iG booked a HUF 6.4 billion loss for Q1-Q3 as financial expenses weighed, state news wire MTI...

Residential

Real Estate Sales May Be Stronger Than Usual in December

Duna House and Credipass experts expect "dumping" in the real estate market this December, according to profitline.hu....

Retail

Estonia Retail Sales Drop in October 

Estonian retail trade fell by 4.8% year-on-year in October, following a 6.7% decline in the previous month, data from the...

Innovation

Over Half of SSCs Plan to Broaden Service Palette

More than half of shared services centers in Hungary expect to broaden their range of activities and over 80% want...

Automotive

Border Austrians Flocking to Hungary for Cheaper Driving Lessons

Austrians have been flooding Hungarian towns close to the Hungarian–Austrian border to get cheaper driving lessons, according to Blikk....

Automotive

AutoWallis Exceeds Entire 2022 Revenue, Profit in 9 Months

The AutoWallis Group has continued its growth in the first nine months of the year, having exceeded last year’s revenue...

Retail

Slovenia Retail Sales Fall at Softer Pace in October

Slovenia's retail sales declined for the ninth straight month to 15.6% year-on-year in October, although easing from an upwardly revised...

Manufacturing

Industrial Producer Prices Down 6.6% y.o.y. in October

Industrial producer prices in Hungary were 6.6% lower on average in October 2023 compared to a year earlier, according to...

Transport

Passenger Rail Linking Szeged, Subotica Restarts After 8 Years

Passenger rail transport between Szeged (170 km southeast of Budapest) and Subotica, Serbia, has restarted after eight years with five...

Retail

Lithuania Retail Sales Fall in October

Retail sales in Lithuania fell by 0.4% year-on-year in October, easing from an upwardly revised 2.8% decrease in the previous...

Office Market

IWG Expands Footprint in Hungary With 2 New Locations

International Workplace Group (IWG) is expanding its footprint in Budapest and Debrecen, Hungary with the addition of two new workspaces...

Market Group Switching to Sustainable Operations Within 3 Years

The Market Group will switch to sustainable corporate operations within three years, the construction industry player said in its sustainability...

BSCs an Essential Part of Budapest Office Market Development

Hungary, and Central Europe in general, has successfully promoted itself as advanced but cost-effective business destinations for international companies looking...

Thermo Fisher Looking to Expand GBSC Despite Hiring Challenges

To enable customers to make the world healthier, cleaner and safer is the mission of Thermo Fisher Scientific, which opened...

Production Resumes at Ganz’s Szolnok Plant

Production at the Ganz Metal Works plant in Szolnok restarted this week. The site, which was bought back by the...

Financial Expenses Put 4iG in Red

Listed ICT company 4iG booked a HUF 6.4 billion loss for Q1-Q3 as financial expenses weighed, state news wire MTI...

Real Estate Sales May Be Stronger Than Usual in December

Duna House and Credipass experts expect "dumping" in the real estate market this December, according to profitline.hu....

Estonia Retail Sales Drop in October 

Estonian retail trade fell by 4.8% year-on-year in October, following a 6.7% decline in the previous month, data from the...

Over Half of SSCs Plan to Broaden Service Palette

More than half of shared services centers in Hungary expect to broaden their range of activities and over 80% want...

Border Austrians Flocking to Hungary for Cheaper Driving Lessons

Austrians have been flooding Hungarian towns close to the Hungarian–Austrian border to get cheaper driving lessons, according to Blikk....

AutoWallis Exceeds Entire 2022 Revenue, Profit in 9 Months

The AutoWallis Group has continued its growth in the first nine months of the year, having exceeded last year’s revenue...

Slovenia Retail Sales Fall at Softer Pace in October

Slovenia's retail sales declined for the ninth straight month to 15.6% year-on-year in October, although easing from an upwardly revised...

Industrial Producer Prices Down 6.6% y.o.y. in October

Industrial producer prices in Hungary were 6.6% lower on average in October 2023 compared to a year earlier, according to...

Passenger Rail Linking Szeged, Subotica Restarts After 8 Years

Passenger rail transport between Szeged (170 km southeast of Budapest) and Subotica, Serbia, has restarted after eight years with five...

Lithuania Retail Sales Fall in October

Retail sales in Lithuania fell by 0.4% year-on-year in October, easing from an upwardly revised 2.8% decrease in the previous...

IWG Expands Footprint in Hungary With 2 New Locations

International Workplace Group (IWG) is expanding its footprint in Budapest and Debrecen, Hungary with the addition of two new workspaces...