Business

Deals

Hungary Signs Cooperation Agreement With ICBC

Economic Development Minister Márton Nagy signed a cooperation agreement with Industrial and Commercial Bank of China (ICBC) CEO Liao Lin...

Automotive

BYD Launches Sales in Hungary

Chinese electric vehicle and battery maker BYD yesterday announced the launch of sales in Hungary, according to autopro.hu....

Retail

14 Stop Shop Parks Added to CPI Hungary’s Retail Portfolio

CPI Hungary now has a retail portfolio of 275,000 square meters, with 65 million visitors annually. Besides shopping centers like...

Pharma

Call for Greater Efficiency, Transparency, Predictability for Hungary’s Pharma Sector

50 guests drawn from across the pharmaceutical sector attended the inaugural Pharma CEO Breakfast event at the Anantara New York...

Automotive

Automotive Industry Output up 4.6% y.o.y. in August 

The output of the automotive industry, Hungary's most significant manufacturing sector, rose 4.6% year-on-year in August, slowing from a 14.4%...

Appointments

Change at Helm of Wallis Asset Management

Zsolt Müllner is leaving his position as CEO of Wallis Asset Management at his own request and will focus on...

Automotive

AutoWallis Publishes 2022 Sustainability Report

AutoWallis has published its Sustainability Report on the year 2022. According to the report, the company managed to outperform the...

Construction

Construction Output Volume Down 0.5% y.o.y. in August

Construction output volume, based on raw data published by the Central Statistical Office (KSH) was below the previous year’s level...

Automotive

AutoWallis Navigates Global Shifts in Balancing Growth and Chinese Competitors

The AutoWallis Group’s public investor day revealed that, despite promising data and “robust growth,” the industry cannot ignore the advance...

Industrial

Emphasizing Group Efforts to fly to a Greener Future

Many of the jobs created in Hungary by German investors are value-added; it is one of the reasons the government...

Industrial

Navigating Change and Innovation: Doherty’s Journey From Birmingham to Hungary

Twenty-five years after his family business manufacturing electric motor shafts moved from the U.K.’s Birmingham to Orosháza, a city of...

Interview

German Business Presence in Hungary a Success Story we ‘Want to Continue,’ Says Ambassador

The 50th anniversary of diplomatic relations between Hungary and the Federal Republic of Germany will be marked on Dec. 21....

Incubators

Gov’t Relaunches Subsidy Scheme for Startup Incubators

Hungary's National R&D&I Office has relaunched a program to fund startup incubators with an allocation of around HUF 5 billion,...

HR

Workers Look to Keep Existing Jobs Amid Gloomy Fall News

At the start of last month, the Hungarian government received some news that was probably accompanied by a great sigh...

Office Market

ConvergenCE Officially Opens the Academia Office Center

The 12,500 sqm Academia office center redevelopment on the Pest embankment of the Danube in central District V has officially...

Deals

Hungary Signs Cooperation Agreement With ICBC

Economic Development Minister Márton Nagy signed a cooperation agreement with Industrial and Commercial Bank of China (ICBC) CEO Liao Lin...

Automotive

BYD Launches Sales in Hungary

Chinese electric vehicle and battery maker BYD yesterday announced the launch of sales in Hungary, according to autopro.hu....

Retail

14 Stop Shop Parks Added to CPI Hungary’s Retail Portfolio

CPI Hungary now has a retail portfolio of 275,000 square meters, with 65 million visitors annually. Besides shopping centers like...

Pharma

Call for Greater Efficiency, Transparency, Predictability for Hungary’s Pharma Sector

50 guests drawn from across the pharmaceutical sector attended the inaugural Pharma CEO Breakfast event at the Anantara New York...

Automotive

Automotive Industry Output up 4.6% y.o.y. in August 

The output of the automotive industry, Hungary's most significant manufacturing sector, rose 4.6% year-on-year in August, slowing from a 14.4%...

Appointments

Change at Helm of Wallis Asset Management

Zsolt Müllner is leaving his position as CEO of Wallis Asset Management at his own request and will focus on...

Automotive

AutoWallis Publishes 2022 Sustainability Report

AutoWallis has published its Sustainability Report on the year 2022. According to the report, the company managed to outperform the...

Construction

Construction Output Volume Down 0.5% y.o.y. in August

Construction output volume, based on raw data published by the Central Statistical Office (KSH) was below the previous year’s level...

Automotive

AutoWallis Navigates Global Shifts in Balancing Growth and Chinese Competitors

The AutoWallis Group’s public investor day revealed that, despite promising data and “robust growth,” the industry cannot ignore the advance...

Industrial

Emphasizing Group Efforts to fly to a Greener Future

Many of the jobs created in Hungary by German investors are value-added; it is one of the reasons the government...

Industrial

Navigating Change and Innovation: Doherty’s Journey From Birmingham to Hungary

Twenty-five years after his family business manufacturing electric motor shafts moved from the U.K.’s Birmingham to Orosháza, a city of...

Interview

German Business Presence in Hungary a Success Story we ‘Want to Continue,’ Says Ambassador

The 50th anniversary of diplomatic relations between Hungary and the Federal Republic of Germany will be marked on Dec. 21....

Incubators

Gov’t Relaunches Subsidy Scheme for Startup Incubators

Hungary's National R&D&I Office has relaunched a program to fund startup incubators with an allocation of around HUF 5 billion,...

HR

Workers Look to Keep Existing Jobs Amid Gloomy Fall News

At the start of last month, the Hungarian government received some news that was probably accompanied by a great sigh...

Office Market

ConvergenCE Officially Opens the Academia Office Center

The 12,500 sqm Academia office center redevelopment on the Pest embankment of the Danube in central District V has officially...

Hungary Signs Cooperation Agreement With ICBC

Economic Development Minister Márton Nagy signed a cooperation agreement with Industrial and Commercial Bank of China (ICBC) CEO Liao Lin...

BYD Launches Sales in Hungary

Chinese electric vehicle and battery maker BYD yesterday announced the launch of sales in Hungary, according to autopro.hu....

14 Stop Shop Parks Added to CPI Hungary’s Retail Portfolio

CPI Hungary now has a retail portfolio of 275,000 square meters, with 65 million visitors annually. Besides shopping centers like...

Call for Greater Efficiency, Transparency, Predictability for Hungary’s Pharma Sector

50 guests drawn from across the pharmaceutical sector attended the inaugural Pharma CEO Breakfast event at the Anantara New York...

Automotive Industry Output up 4.6% y.o.y. in August 

The output of the automotive industry, Hungary's most significant manufacturing sector, rose 4.6% year-on-year in August, slowing from a 14.4%...

Change at Helm of Wallis Asset Management

Zsolt Müllner is leaving his position as CEO of Wallis Asset Management at his own request and will focus on...

AutoWallis Publishes 2022 Sustainability Report

AutoWallis has published its Sustainability Report on the year 2022. According to the report, the company managed to outperform the...

Construction Output Volume Down 0.5% y.o.y. in August

Construction output volume, based on raw data published by the Central Statistical Office (KSH) was below the previous year’s level...

AutoWallis Navigates Global Shifts in Balancing Growth and Chinese Competitors

The AutoWallis Group’s public investor day revealed that, despite promising data and “robust growth,” the industry cannot ignore the advance...

Emphasizing Group Efforts to fly to a Greener Future

Many of the jobs created in Hungary by German investors are value-added; it is one of the reasons the government...

Navigating Change and Innovation: Doherty’s Journey From Birmingham to Hungary

Twenty-five years after his family business manufacturing electric motor shafts moved from the U.K.’s Birmingham to Orosháza, a city of...

German Business Presence in Hungary a Success Story we ‘Want to Continue,’ Says Ambassador

The 50th anniversary of diplomatic relations between Hungary and the Federal Republic of Germany will be marked on Dec. 21....

Gov’t Relaunches Subsidy Scheme for Startup Incubators

Hungary's National R&D&I Office has relaunched a program to fund startup incubators with an allocation of around HUF 5 billion,...

Workers Look to Keep Existing Jobs Amid Gloomy Fall News

At the start of last month, the Hungarian government received some news that was probably accompanied by a great sigh...

ConvergenCE Officially Opens the Academia Office Center

The 12,500 sqm Academia office center redevelopment on the Pest embankment of the Danube in central District V has officially...