Business

Manufacturing

Lear Closing Gödöllő Plant

Lear Corporation Hungary Kft. is closing its factory in Gödöllő (30 km northeast of Budapest), according to hrportal.hu....

Sustainability

Budapest One Gets Breeam ‘Excellent’ Rating

Budapest One has received a Breeam “Excellent” rating in the category relating to the environmental consciousness of the development....

Retail

Romania Retail Sales Growth Slows in July

Retail sales in Romania went up 1.2% year-on-year in July, slowing from a 2% rise in the previous month, the...

Retail

Slovakia Retail Sales Drop Less in July

Retail sales in Slovakia decreased 4.4% year-on-year in July, marking the sixth consecutive period of falling activity but easing from...

Construction

More Construction Projects Started in Spring 

The Activity-Start indicator of the domestic construction industry improved in the second quarter, exceeding the previous three months by 30%,...

Manufacturing

Czech Industrial Output Shrinks in July

The Czech Republic's industrial production contracted for the first time in six months in July as output declined in all...

Innovation

Samsung SDI to Invest HUF 22.5 bln in R&D Project in Hungary

South Korea's Samsung SDI will invest HUF 22.5 billion in a research and development project in Hungary, Minister of Foreign...

Retail

Hungarian Retail Sales Keep Falling in July

In July 2023, Hungarian retail sales fell by 7.7% according to raw data, and by 7.6% when adjusted for calendar...

Appointments

Dentons Budapest Appoints Ambassador Zombori as Partner

The Budapest office of Dentons, one of the largest international law firms globally, has appointed Ambassador Dóra Zombori to a...

Telco

Increase in Hungarians’ Demand for Mobile Internet

Analysis from Yettel Hungary shows that Hungarians' demand for mobile internet has increased significantly, with August being the busiest month...

Automotive

LG Magna Building 1st European EV Parts Plant in Miskolc

LG Magna e-Powertrain, a joint venture (JV) between LG Electronics (LG) and Magna (Magna) formed in 2021, announced at IAA...

Logistics

Infogroup Completes 1st Phase of IGPark Kecskemét South

Just a few months after completing a 19,000 sqm hall in Miskolc, Infogroup has handed over another development: the first...

Telco

Vodafone Emergency App Helps in Over 20,000 Cases

The ÉletMentő (LifeSaver) application was launched by the Vodafone Hungary Foundation and the National Emergency Service in 2020 as a...

Deals

State to Sell Stakes in Magyar Posta Insurance Businesses

State-owned Corvinus International Investment Company will sell its 66.9% stakes in the life and general insurance units of state-owned postal...

Transport

Flydubai Offering Special Fares to Exotic Destinations This Month

Dubai-based airline Flydubai is offering special fares to a number of popular holiday destinations including Dubai, Maldives, Sri Lanka, Thailand,...

Manufacturing

Lear Closing Gödöllő Plant

Lear Corporation Hungary Kft. is closing its factory in Gödöllő (30 km northeast of Budapest), according to hrportal.hu....

Sustainability

Budapest One Gets Breeam ‘Excellent’ Rating

Budapest One has received a Breeam “Excellent” rating in the category relating to the environmental consciousness of the development....

Retail

Romania Retail Sales Growth Slows in July

Retail sales in Romania went up 1.2% year-on-year in July, slowing from a 2% rise in the previous month, the...

Retail

Slovakia Retail Sales Drop Less in July

Retail sales in Slovakia decreased 4.4% year-on-year in July, marking the sixth consecutive period of falling activity but easing from...

Construction

More Construction Projects Started in Spring 

The Activity-Start indicator of the domestic construction industry improved in the second quarter, exceeding the previous three months by 30%,...

Manufacturing

Czech Industrial Output Shrinks in July

The Czech Republic's industrial production contracted for the first time in six months in July as output declined in all...

Innovation

Samsung SDI to Invest HUF 22.5 bln in R&D Project in Hungary

South Korea's Samsung SDI will invest HUF 22.5 billion in a research and development project in Hungary, Minister of Foreign...

Retail

Hungarian Retail Sales Keep Falling in July

In July 2023, Hungarian retail sales fell by 7.7% according to raw data, and by 7.6% when adjusted for calendar...

Appointments

Dentons Budapest Appoints Ambassador Zombori as Partner

The Budapest office of Dentons, one of the largest international law firms globally, has appointed Ambassador Dóra Zombori to a...

Telco

Increase in Hungarians’ Demand for Mobile Internet

Analysis from Yettel Hungary shows that Hungarians' demand for mobile internet has increased significantly, with August being the busiest month...

Automotive

LG Magna Building 1st European EV Parts Plant in Miskolc

LG Magna e-Powertrain, a joint venture (JV) between LG Electronics (LG) and Magna (Magna) formed in 2021, announced at IAA...

Logistics

Infogroup Completes 1st Phase of IGPark Kecskemét South

Just a few months after completing a 19,000 sqm hall in Miskolc, Infogroup has handed over another development: the first...

Telco

Vodafone Emergency App Helps in Over 20,000 Cases

The ÉletMentő (LifeSaver) application was launched by the Vodafone Hungary Foundation and the National Emergency Service in 2020 as a...

Deals

State to Sell Stakes in Magyar Posta Insurance Businesses

State-owned Corvinus International Investment Company will sell its 66.9% stakes in the life and general insurance units of state-owned postal...

Transport

Flydubai Offering Special Fares to Exotic Destinations This Month

Dubai-based airline Flydubai is offering special fares to a number of popular holiday destinations including Dubai, Maldives, Sri Lanka, Thailand,...

Lear Closing Gödöllő Plant

Lear Corporation Hungary Kft. is closing its factory in Gödöllő (30 km northeast of Budapest), according to hrportal.hu....

Budapest One Gets Breeam ‘Excellent’ Rating

Budapest One has received a Breeam “Excellent” rating in the category relating to the environmental consciousness of the development....

Romania Retail Sales Growth Slows in July

Retail sales in Romania went up 1.2% year-on-year in July, slowing from a 2% rise in the previous month, the...

Slovakia Retail Sales Drop Less in July

Retail sales in Slovakia decreased 4.4% year-on-year in July, marking the sixth consecutive period of falling activity but easing from...

More Construction Projects Started in Spring 

The Activity-Start indicator of the domestic construction industry improved in the second quarter, exceeding the previous three months by 30%,...

Czech Industrial Output Shrinks in July

The Czech Republic's industrial production contracted for the first time in six months in July as output declined in all...

Samsung SDI to Invest HUF 22.5 bln in R&D Project in Hungary

South Korea's Samsung SDI will invest HUF 22.5 billion in a research and development project in Hungary, Minister of Foreign...

Hungarian Retail Sales Keep Falling in July

In July 2023, Hungarian retail sales fell by 7.7% according to raw data, and by 7.6% when adjusted for calendar...

Dentons Budapest Appoints Ambassador Zombori as Partner

The Budapest office of Dentons, one of the largest international law firms globally, has appointed Ambassador Dóra Zombori to a...

Increase in Hungarians’ Demand for Mobile Internet

Analysis from Yettel Hungary shows that Hungarians' demand for mobile internet has increased significantly, with August being the busiest month...

LG Magna Building 1st European EV Parts Plant in Miskolc

LG Magna e-Powertrain, a joint venture (JV) between LG Electronics (LG) and Magna (Magna) formed in 2021, announced at IAA...

Infogroup Completes 1st Phase of IGPark Kecskemét South

Just a few months after completing a 19,000 sqm hall in Miskolc, Infogroup has handed over another development: the first...

Vodafone Emergency App Helps in Over 20,000 Cases

The ÉletMentő (LifeSaver) application was launched by the Vodafone Hungary Foundation and the National Emergency Service in 2020 as a...

State to Sell Stakes in Magyar Posta Insurance Businesses

State-owned Corvinus International Investment Company will sell its 66.9% stakes in the life and general insurance units of state-owned postal...

Flydubai Offering Special Fares to Exotic Destinations This Month

Dubai-based airline Flydubai is offering special fares to a number of popular holiday destinations including Dubai, Maldives, Sri Lanka, Thailand,...