Business

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...

HR

Romanian Jobless Rate at 2-year Low in September

Romania's unemployment rate stood at 5.4% in September, the same level as a month earlier, the Bucharest-based National Institute of...

Manufacturing

Estonian Industrial Output Shrinks in September

Estonia's industrial production shrank 12.5% year-on-year in September, slipping further from an 11.9% fall in the previous month, figures from...

Transport

Budapest Airport Expects 16 mln Travelers Next Year

Balázs Bogáts, the deputy CEO of Budapest Airport, the operator of Ferenc Liszt International, talked about the future of Hungary's...

Residential

Real Estate Advertisers More Willing to Cut Prices

According to otpotthon.hu, compared to the first half of the year, it seems that advertisers have become even more open...

Construction

Slump Continuing in Housing Construction

In the first three quarters of 2023, 10,808 new homes were built in Hungary, 21% fewer than a year earlier,...

Deals

Gránit Bank Closes Acquisition of Controlling Stake in Diófa

Gránit Bank on Friday announced the close of its acquisition of a majority stake in fund manager Diofa, which has...

Innovation

KSH, Nat’l Library to Digitalize 150 Years of Statistics

The Central Statistical Office (KSH), the KSH Library, and the National Szechenyi Library (OSZK) will digitalize 150 years of statistics...

Fintech

The New Financial Horizon

The rise of financial technology (FinTech) has seen remarkable growth worldwide in recent years. The FinTech sector is constantly evolving,...

Pharma

EC Clears Richter Drug for Symptomatic Treatment of Endometriosis

The European Commission has approved Hungarian pharmaceutical company Gedeon Richter's drug RYEQO for tge treatment of endometriosis symptoms, Richter and...

Residential

Hgroup Completes Investment in Professione Casa

Listed real estate broker Duna House announced that its Italian unit, Hgroup, completed an investment and cooperation agreement with Professione...

Office Market

Limited new Office Development in Budapest

The Budapest office pipeline is limited; builders are exercising caution, and new projects are not being initiated in an uncertain...

Office Market

Developments Still Ongoing in Some Sectors Despite the Challenging Market Environment

While there are substantial pipelines for the industrial and hotel markets in Hungary, things are more limited for offices, and...

Office Market

Developers Juggling Multiple Demands and Challenges

Development in the various real estate markets in Hungary is impacted by concerns about demand and concluding the preleases that...

Retail

E-commerce and Spending Power Concerns Continue to Constrain Retail Development

Retail and shopping center development remains constrained by the increasing use of e-commerce and concerns over spending power. There are...

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...

HR

Romanian Jobless Rate at 2-year Low in September

Romania's unemployment rate stood at 5.4% in September, the same level as a month earlier, the Bucharest-based National Institute of...

Manufacturing

Estonian Industrial Output Shrinks in September

Estonia's industrial production shrank 12.5% year-on-year in September, slipping further from an 11.9% fall in the previous month, figures from...

Transport

Budapest Airport Expects 16 mln Travelers Next Year

Balázs Bogáts, the deputy CEO of Budapest Airport, the operator of Ferenc Liszt International, talked about the future of Hungary's...

Residential

Real Estate Advertisers More Willing to Cut Prices

According to otpotthon.hu, compared to the first half of the year, it seems that advertisers have become even more open...

Construction

Slump Continuing in Housing Construction

In the first three quarters of 2023, 10,808 new homes were built in Hungary, 21% fewer than a year earlier,...

Deals

Gránit Bank Closes Acquisition of Controlling Stake in Diófa

Gránit Bank on Friday announced the close of its acquisition of a majority stake in fund manager Diofa, which has...

Innovation

KSH, Nat’l Library to Digitalize 150 Years of Statistics

The Central Statistical Office (KSH), the KSH Library, and the National Szechenyi Library (OSZK) will digitalize 150 years of statistics...

Fintech

The New Financial Horizon

The rise of financial technology (FinTech) has seen remarkable growth worldwide in recent years. The FinTech sector is constantly evolving,...

Pharma

EC Clears Richter Drug for Symptomatic Treatment of Endometriosis

The European Commission has approved Hungarian pharmaceutical company Gedeon Richter's drug RYEQO for tge treatment of endometriosis symptoms, Richter and...

Residential

Hgroup Completes Investment in Professione Casa

Listed real estate broker Duna House announced that its Italian unit, Hgroup, completed an investment and cooperation agreement with Professione...

Office Market

Limited new Office Development in Budapest

The Budapest office pipeline is limited; builders are exercising caution, and new projects are not being initiated in an uncertain...

Office Market

Developments Still Ongoing in Some Sectors Despite the Challenging Market Environment

While there are substantial pipelines for the industrial and hotel markets in Hungary, things are more limited for offices, and...

Office Market

Developers Juggling Multiple Demands and Challenges

Development in the various real estate markets in Hungary is impacted by concerns about demand and concluding the preleases that...

Retail

E-commerce and Spending Power Concerns Continue to Constrain Retail Development

Retail and shopping center development remains constrained by the increasing use of e-commerce and concerns over spending power. There are...

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...

Romanian Jobless Rate at 2-year Low in September

Romania's unemployment rate stood at 5.4% in September, the same level as a month earlier, the Bucharest-based National Institute of...

Estonian Industrial Output Shrinks in September

Estonia's industrial production shrank 12.5% year-on-year in September, slipping further from an 11.9% fall in the previous month, figures from...

Budapest Airport Expects 16 mln Travelers Next Year

Balázs Bogáts, the deputy CEO of Budapest Airport, the operator of Ferenc Liszt International, talked about the future of Hungary's...

Real Estate Advertisers More Willing to Cut Prices

According to otpotthon.hu, compared to the first half of the year, it seems that advertisers have become even more open...

Slump Continuing in Housing Construction

In the first three quarters of 2023, 10,808 new homes were built in Hungary, 21% fewer than a year earlier,...

Gránit Bank Closes Acquisition of Controlling Stake in Diófa

Gránit Bank on Friday announced the close of its acquisition of a majority stake in fund manager Diofa, which has...

KSH, Nat’l Library to Digitalize 150 Years of Statistics

The Central Statistical Office (KSH), the KSH Library, and the National Szechenyi Library (OSZK) will digitalize 150 years of statistics...

The New Financial Horizon

The rise of financial technology (FinTech) has seen remarkable growth worldwide in recent years. The FinTech sector is constantly evolving,...

EC Clears Richter Drug for Symptomatic Treatment of Endometriosis

The European Commission has approved Hungarian pharmaceutical company Gedeon Richter's drug RYEQO for tge treatment of endometriosis symptoms, Richter and...

Hgroup Completes Investment in Professione Casa

Listed real estate broker Duna House announced that its Italian unit, Hgroup, completed an investment and cooperation agreement with Professione...

Limited new Office Development in Budapest

The Budapest office pipeline is limited; builders are exercising caution, and new projects are not being initiated in an uncertain...

Developments Still Ongoing in Some Sectors Despite the Challenging Market Environment

While there are substantial pipelines for the industrial and hotel markets in Hungary, things are more limited for offices, and...

Developers Juggling Multiple Demands and Challenges

Development in the various real estate markets in Hungary is impacted by concerns about demand and concluding the preleases that...

E-commerce and Spending Power Concerns Continue to Constrain Retail Development

Retail and shopping center development remains constrained by the increasing use of e-commerce and concerns over spending power. There are...