Business

Appointments

New CEO to Lead Penny Hungary

Mathias Mentrop is set to take over as the new CEO of Penny Hungary in July, the company tells the...

Transport

Budapest Airport Closes 2022 in the Black

Budapest Airport achieved a profit last year after two years of record-breaking losses, managing to cut some of the accumulated...

Incubators

Municipality of Tata Inaugurates HUF 400 mln Business Incubator

The municipality of Tata (56 km northeast of Budapest) inaugurated a close to HUF 400 million business incubator on Wednesday,...

Retail

Estonian Retail Sales Fall in April

Estonian retail trade dropped by 10.6% year-on-year in April, the eighth consecutive month of fall, following a 12.9% plunge in...

Pharma

High Demand for Hungarian Medicinal Herbs

The demand for Hungarian medicinal herbs is high, meaning the sector has significant development potential, and Hungary could be self-sufficient...

Ecosystem

CEE VC Funding Nosedives in Q1 – Vestbee

Vestbee has just released the "VC Funding In CEE Report - 1Q 2023", which shows that investments in the CEE...

Innovation

Complex Surgery and Intensive Care Launched at Doktor24

Doktor24 Multiklinika has added an intensive care unit and has been licensed to provide complex surgical services, according to a...

Retail

Lithuania Retail Sales Drop in April

Retail sales in Lithuania fell by 4.1% year-on-year in April, marking the third straight month of decline and easing slightly...

Fintech

Central Bank Aims to Boost Share of Electronic Payments

The National Bank of Hungary (MNB) targets an increase in the share of electronic transactions among payments to two-thirds by...

Automotive

AutoWallis Closes Q1 With Strong Results

The revenue of the AutoWallis Group, present in 15 countries in the region, has increased by 74% to HUF 100.5...

HR

Poland Jobless Rate Lowers Further in April

Poland's unemployment dropped to 5.2% in April, from 5.4% in March, and easing from a nine-month high of 5.5% in...

Deals

MOL to Acquire Szarvas Biogas Plant

Hungarian oil and gas company MOL on Friday said it signed an agreement to acquire the Szarvas Biogas Plant from...

Interview

Building a School for the Successfully Socially Responsible

On July 1, 2019, Corvinus University of Budapest became Hungary’s first foundation-run higher education establishment, and Anthony Radev became its...

Interview

Metropolitan University: Expansive Goals Create Formidable Challenges

Budapest’s Metropolitan University, with some 7,000 students, already boasts it is Hungary’s largest and most international private university; yet it...

Interview

Working Hard to ‘Win’ With Hungary

Matt Zeller, the country president for Novartis Hungary and the Europe Central Cluster, was a shortlisted nominee for the Expat...

Appointments

New CEO to Lead Penny Hungary

Mathias Mentrop is set to take over as the new CEO of Penny Hungary in July, the company tells the...

Transport

Budapest Airport Closes 2022 in the Black

Budapest Airport achieved a profit last year after two years of record-breaking losses, managing to cut some of the accumulated...

Incubators

Municipality of Tata Inaugurates HUF 400 mln Business Incubator

The municipality of Tata (56 km northeast of Budapest) inaugurated a close to HUF 400 million business incubator on Wednesday,...

Retail

Estonian Retail Sales Fall in April

Estonian retail trade dropped by 10.6% year-on-year in April, the eighth consecutive month of fall, following a 12.9% plunge in...

Pharma

High Demand for Hungarian Medicinal Herbs

The demand for Hungarian medicinal herbs is high, meaning the sector has significant development potential, and Hungary could be self-sufficient...

Ecosystem

CEE VC Funding Nosedives in Q1 – Vestbee

Vestbee has just released the "VC Funding In CEE Report - 1Q 2023", which shows that investments in the CEE...

Innovation

Complex Surgery and Intensive Care Launched at Doktor24

Doktor24 Multiklinika has added an intensive care unit and has been licensed to provide complex surgical services, according to a...

Retail

Lithuania Retail Sales Drop in April

Retail sales in Lithuania fell by 4.1% year-on-year in April, marking the third straight month of decline and easing slightly...

Fintech

Central Bank Aims to Boost Share of Electronic Payments

The National Bank of Hungary (MNB) targets an increase in the share of electronic transactions among payments to two-thirds by...

Automotive

AutoWallis Closes Q1 With Strong Results

The revenue of the AutoWallis Group, present in 15 countries in the region, has increased by 74% to HUF 100.5...

HR

Poland Jobless Rate Lowers Further in April

Poland's unemployment dropped to 5.2% in April, from 5.4% in March, and easing from a nine-month high of 5.5% in...

Deals

MOL to Acquire Szarvas Biogas Plant

Hungarian oil and gas company MOL on Friday said it signed an agreement to acquire the Szarvas Biogas Plant from...

Interview

Building a School for the Successfully Socially Responsible

On July 1, 2019, Corvinus University of Budapest became Hungary’s first foundation-run higher education establishment, and Anthony Radev became its...

Interview

Metropolitan University: Expansive Goals Create Formidable Challenges

Budapest’s Metropolitan University, with some 7,000 students, already boasts it is Hungary’s largest and most international private university; yet it...

Interview

Working Hard to ‘Win’ With Hungary

Matt Zeller, the country president for Novartis Hungary and the Europe Central Cluster, was a shortlisted nominee for the Expat...

New CEO to Lead Penny Hungary

Mathias Mentrop is set to take over as the new CEO of Penny Hungary in July, the company tells the...

Budapest Airport Closes 2022 in the Black

Budapest Airport achieved a profit last year after two years of record-breaking losses, managing to cut some of the accumulated...

Municipality of Tata Inaugurates HUF 400 mln Business Incubator

The municipality of Tata (56 km northeast of Budapest) inaugurated a close to HUF 400 million business incubator on Wednesday,...

Estonian Retail Sales Fall in April

Estonian retail trade dropped by 10.6% year-on-year in April, the eighth consecutive month of fall, following a 12.9% plunge in...

High Demand for Hungarian Medicinal Herbs

The demand for Hungarian medicinal herbs is high, meaning the sector has significant development potential, and Hungary could be self-sufficient...

CEE VC Funding Nosedives in Q1 – Vestbee

Vestbee has just released the "VC Funding In CEE Report - 1Q 2023", which shows that investments in the CEE...

Complex Surgery and Intensive Care Launched at Doktor24

Doktor24 Multiklinika has added an intensive care unit and has been licensed to provide complex surgical services, according to a...

Lithuania Retail Sales Drop in April

Retail sales in Lithuania fell by 4.1% year-on-year in April, marking the third straight month of decline and easing slightly...

Central Bank Aims to Boost Share of Electronic Payments

The National Bank of Hungary (MNB) targets an increase in the share of electronic transactions among payments to two-thirds by...

AutoWallis Closes Q1 With Strong Results

The revenue of the AutoWallis Group, present in 15 countries in the region, has increased by 74% to HUF 100.5...

Poland Jobless Rate Lowers Further in April

Poland's unemployment dropped to 5.2% in April, from 5.4% in March, and easing from a nine-month high of 5.5% in...

MOL to Acquire Szarvas Biogas Plant

Hungarian oil and gas company MOL on Friday said it signed an agreement to acquire the Szarvas Biogas Plant from...

Building a School for the Successfully Socially Responsible

On July 1, 2019, Corvinus University of Budapest became Hungary’s first foundation-run higher education establishment, and Anthony Radev became its...

Metropolitan University: Expansive Goals Create Formidable Challenges

Budapest’s Metropolitan University, with some 7,000 students, already boasts it is Hungary’s largest and most international private university; yet it...

Working Hard to ‘Win’ With Hungary

Matt Zeller, the country president for Novartis Hungary and the Europe Central Cluster, was a shortlisted nominee for the Expat...