Business

Office Market

Investment Volumes Fall Across Central Eastern Europe

CBRE has recorded EUR 350 million in annual commercial real estate investment volume for Hungary as of October, representing a...

Retail

OMV Spar Express Stores Get 20 mln Shopping Visits a Year

October marked the 10th anniversary of the opening of the first OMV Spar express in Budapest, at the filling station...

Retail

Czech Republic Retail Sales Contract in September

Retail trade in the Czech Republic fell by 4% year-on-year in September, slipping further from a 2.8% decline in the...

Telco

Magyar Telekom Earnings Climb

Third-quarter net income of Magyar Telekom rose 35% year-on-year to HUF 22.9 billion on higher revenue and improved margins, state...

Office Market

Offices Affected by Challenging Real Estate Market

The challenging real estate environment has left its mark on the office market, according to the joint data analysis of...

Ecosystem

Subsidy Scheme Aids Over 1,000 Small Business Startups

A HUF 6 billion subsidy scheme launched by the government in the summer has helped Hungarians launch 1,040 small businesses,...

Retail

Retail Sales Fall in September

In September 2023, the volume of sales in retail trade decreased by 7.8% according to raw data, and by 7.3%...

Pharma

Richter Q3 Earnings, Revenue Fall

Third-quarter net income of Hungarian pharmaceutical company Gedeon Richter fell 34% year-on-year to HUF 54.6 billion as revenue declined, net...

Construction

High Prices, Interest Rates Stifle Construction Demand

The decline in the housing construction market intensified in the third quarter, Gábor Kiss, vice-president of the Real Estate Developers'...

Automotive

Audi Launches Production of New E-motor Generation in Győr

German carmaker Audi launched the production of electric motors for its Premium Platform Electric (PPE) at the Audi Hungaria base...

Manufacturing

Czech Industrial Output Shrinks in September

Czech industrial production shrank for the third consecutive month to 5% year-on-year in September, slipping further from a 1.7% drop...

Manufacturing

Industrial Production Falls 5.8% y.o.y. in September

In September, industrial production volume in Hungary dropped by 7.3% year-on-year according to raw data, and by 5.8% y.o.y. according...

Manufacturing

Masterplast Announces Capital Raise at Glass Wool Plant JV

Listed Hungarian building materials maker Masterplast has announced a capital raise at a 50%-50% joint venture it has with Polish...

Podcasts

Investigating Critical Factors Driving the Market

An in-depth look at the factors driving the market in Hungary, investigating key economic issues....

Residential

New-build Housing Market Booming at Lake Balaton

Siófok is the favorite town of new-build home buyers at Lake Balaton, according to a survey by Otthon Centrum. Prices...

Office Market

Investment Volumes Fall Across Central Eastern Europe

CBRE has recorded EUR 350 million in annual commercial real estate investment volume for Hungary as of October, representing a...

Retail

OMV Spar Express Stores Get 20 mln Shopping Visits a Year

October marked the 10th anniversary of the opening of the first OMV Spar express in Budapest, at the filling station...

Retail

Czech Republic Retail Sales Contract in September

Retail trade in the Czech Republic fell by 4% year-on-year in September, slipping further from a 2.8% decline in the...

Telco

Magyar Telekom Earnings Climb

Third-quarter net income of Magyar Telekom rose 35% year-on-year to HUF 22.9 billion on higher revenue and improved margins, state...

Office Market

Offices Affected by Challenging Real Estate Market

The challenging real estate environment has left its mark on the office market, according to the joint data analysis of...

Ecosystem

Subsidy Scheme Aids Over 1,000 Small Business Startups

A HUF 6 billion subsidy scheme launched by the government in the summer has helped Hungarians launch 1,040 small businesses,...

Retail

Retail Sales Fall in September

In September 2023, the volume of sales in retail trade decreased by 7.8% according to raw data, and by 7.3%...

Pharma

Richter Q3 Earnings, Revenue Fall

Third-quarter net income of Hungarian pharmaceutical company Gedeon Richter fell 34% year-on-year to HUF 54.6 billion as revenue declined, net...

Construction

High Prices, Interest Rates Stifle Construction Demand

The decline in the housing construction market intensified in the third quarter, Gábor Kiss, vice-president of the Real Estate Developers'...

Automotive

Audi Launches Production of New E-motor Generation in Győr

German carmaker Audi launched the production of electric motors for its Premium Platform Electric (PPE) at the Audi Hungaria base...

Manufacturing

Czech Industrial Output Shrinks in September

Czech industrial production shrank for the third consecutive month to 5% year-on-year in September, slipping further from a 1.7% drop...

Manufacturing

Industrial Production Falls 5.8% y.o.y. in September

In September, industrial production volume in Hungary dropped by 7.3% year-on-year according to raw data, and by 5.8% y.o.y. according...

Manufacturing

Masterplast Announces Capital Raise at Glass Wool Plant JV

Listed Hungarian building materials maker Masterplast has announced a capital raise at a 50%-50% joint venture it has with Polish...

Podcasts

Investigating Critical Factors Driving the Market

An in-depth look at the factors driving the market in Hungary, investigating key economic issues....

Residential

New-build Housing Market Booming at Lake Balaton

Siófok is the favorite town of new-build home buyers at Lake Balaton, according to a survey by Otthon Centrum. Prices...

Investment Volumes Fall Across Central Eastern Europe

CBRE has recorded EUR 350 million in annual commercial real estate investment volume for Hungary as of October, representing a...

OMV Spar Express Stores Get 20 mln Shopping Visits a Year

October marked the 10th anniversary of the opening of the first OMV Spar express in Budapest, at the filling station...

Czech Republic Retail Sales Contract in September

Retail trade in the Czech Republic fell by 4% year-on-year in September, slipping further from a 2.8% decline in the...

Magyar Telekom Earnings Climb

Third-quarter net income of Magyar Telekom rose 35% year-on-year to HUF 22.9 billion on higher revenue and improved margins, state...

Offices Affected by Challenging Real Estate Market

The challenging real estate environment has left its mark on the office market, according to the joint data analysis of...

Subsidy Scheme Aids Over 1,000 Small Business Startups

A HUF 6 billion subsidy scheme launched by the government in the summer has helped Hungarians launch 1,040 small businesses,...

Retail Sales Fall in September

In September 2023, the volume of sales in retail trade decreased by 7.8% according to raw data, and by 7.3%...

Richter Q3 Earnings, Revenue Fall

Third-quarter net income of Hungarian pharmaceutical company Gedeon Richter fell 34% year-on-year to HUF 54.6 billion as revenue declined, net...

High Prices, Interest Rates Stifle Construction Demand

The decline in the housing construction market intensified in the third quarter, Gábor Kiss, vice-president of the Real Estate Developers'...

Audi Launches Production of New E-motor Generation in Győr

German carmaker Audi launched the production of electric motors for its Premium Platform Electric (PPE) at the Audi Hungaria base...

Czech Industrial Output Shrinks in September

Czech industrial production shrank for the third consecutive month to 5% year-on-year in September, slipping further from a 1.7% drop...

Industrial Production Falls 5.8% y.o.y. in September

In September, industrial production volume in Hungary dropped by 7.3% year-on-year according to raw data, and by 5.8% y.o.y. according...

Masterplast Announces Capital Raise at Glass Wool Plant JV

Listed Hungarian building materials maker Masterplast has announced a capital raise at a 50%-50% joint venture it has with Polish...

Investigating Critical Factors Driving the Market

An in-depth look at the factors driving the market in Hungary, investigating key economic issues....

New-build Housing Market Booming at Lake Balaton

Siófok is the favorite town of new-build home buyers at Lake Balaton, according to a survey by Otthon Centrum. Prices...