Business

Office Market

InfoGroup: Built on Time, and Built-to-suit

The privately held Hungarian real estate developer InfoGroup is pursuing what it says is a distinct strategy compared to many...

Manufacturing

Continest Delivers Collapsible Containers Into Ever-expanding Market

Busy building his company, Continest CEO Vidor Kis-Márton, didn’t take a summer holiday from 2016 until last year. It was...

Manufacturing

Continental: Value-added Hungary ‘a key European Manufacturing Location’

Matthias Matic is the head of Continental’s Safety and Motion business area and a board member for the Automotive Group....

Manufacturing

Time Machines, Digital Twins, and Crash Avatars: Welcome to the Industrial Metaverse

The concept of the metaverse has been around for some time, though it seems to stir much less public excitement...

Retail

EcoFamily Expanding With 5 Stores

Retail chain EcoFamily, which sells non-perishables, household chemicals, and cosmetics, will open five stores this year, operator Napcsillag said this...

Retail

Hungary Retail Sales Down 10.1% y.o.y. in Feb 2023

In February 2023, the volume of retail trade in both raw and calendar-adjusted data was 10.1% lower than in the...

Automotive

AutoWallis 2022 Earnings up 166% on Higher Sales, Wider Margins

After-tax profit of listed car seller AutoWallis rose 166% to HUF 8.6 billion in 2022, lifted by higher revenue and...

Construction

Domestic Building Materials Market Slows

The domestic building materials market is slowing down significantly, with a substantial decline in the first months of this year,...

Pharma

Richter Board Decides on Share Buyback Program

The board of Gedeon Richter has decided on a 12-month share buyback program up to HUF 40 billion, the pharmaceutical...

Manufacturing

Industrial Production Down 4.6% y.o.y. in February

The volume of industrial production in Hungary declined in February 2023 by 4.6% year-on-year, according to both working-day adjusted and...

Manufacturing

Latvia Industrial Production Down in February

Industrial production in Latvia decreased by 2.2% year-on-year in February, easing from a 9.8% drop in the previous month, data...

Sustainability

Budapest Airport Receives Well Health-Safety Rating

Ferenc Liszt International Airport has been awarded the international Well Health-Safety Rating, becoming the first airport outside of the United...

Manufacturing

Poland Manufacturing Activity Shrinks in March

Poland's manufacturing activity shrank again in March with concurrent falls in production and new orders, survey results from S&P Global...

Innovation

Europe’s #1 Tech Recruitment Event Returns to Budapest

Tech Jobs Fair is set to return to Budapest on May 11 this year, connecting exhibitors with relevant jobseekers from...

Deals

Otthon Centrum Makes Polish Acquisition

Hungarian real estate broker Otthon Centrum on Monday said it acquired a 70% stake in Polish peer Freedom Nieruchomosci for...

Office Market

InfoGroup: Built on Time, and Built-to-suit

The privately held Hungarian real estate developer InfoGroup is pursuing what it says is a distinct strategy compared to many...

Manufacturing

Continest Delivers Collapsible Containers Into Ever-expanding Market

Busy building his company, Continest CEO Vidor Kis-Márton, didn’t take a summer holiday from 2016 until last year. It was...

Manufacturing

Continental: Value-added Hungary ‘a key European Manufacturing Location’

Matthias Matic is the head of Continental’s Safety and Motion business area and a board member for the Automotive Group....

Manufacturing

Time Machines, Digital Twins, and Crash Avatars: Welcome to the Industrial Metaverse

The concept of the metaverse has been around for some time, though it seems to stir much less public excitement...

Retail

EcoFamily Expanding With 5 Stores

Retail chain EcoFamily, which sells non-perishables, household chemicals, and cosmetics, will open five stores this year, operator Napcsillag said this...

Retail

Hungary Retail Sales Down 10.1% y.o.y. in Feb 2023

In February 2023, the volume of retail trade in both raw and calendar-adjusted data was 10.1% lower than in the...

Automotive

AutoWallis 2022 Earnings up 166% on Higher Sales, Wider Margins

After-tax profit of listed car seller AutoWallis rose 166% to HUF 8.6 billion in 2022, lifted by higher revenue and...

Construction

Domestic Building Materials Market Slows

The domestic building materials market is slowing down significantly, with a substantial decline in the first months of this year,...

Pharma

Richter Board Decides on Share Buyback Program

The board of Gedeon Richter has decided on a 12-month share buyback program up to HUF 40 billion, the pharmaceutical...

Manufacturing

Industrial Production Down 4.6% y.o.y. in February

The volume of industrial production in Hungary declined in February 2023 by 4.6% year-on-year, according to both working-day adjusted and...

Manufacturing

Latvia Industrial Production Down in February

Industrial production in Latvia decreased by 2.2% year-on-year in February, easing from a 9.8% drop in the previous month, data...

Sustainability

Budapest Airport Receives Well Health-Safety Rating

Ferenc Liszt International Airport has been awarded the international Well Health-Safety Rating, becoming the first airport outside of the United...

Manufacturing

Poland Manufacturing Activity Shrinks in March

Poland's manufacturing activity shrank again in March with concurrent falls in production and new orders, survey results from S&P Global...

Innovation

Europe’s #1 Tech Recruitment Event Returns to Budapest

Tech Jobs Fair is set to return to Budapest on May 11 this year, connecting exhibitors with relevant jobseekers from...

Deals

Otthon Centrum Makes Polish Acquisition

Hungarian real estate broker Otthon Centrum on Monday said it acquired a 70% stake in Polish peer Freedom Nieruchomosci for...

InfoGroup: Built on Time, and Built-to-suit

The privately held Hungarian real estate developer InfoGroup is pursuing what it says is a distinct strategy compared to many...

Continest Delivers Collapsible Containers Into Ever-expanding Market

Busy building his company, Continest CEO Vidor Kis-Márton, didn’t take a summer holiday from 2016 until last year. It was...

Continental: Value-added Hungary ‘a key European Manufacturing Location’

Matthias Matic is the head of Continental’s Safety and Motion business area and a board member for the Automotive Group....

Time Machines, Digital Twins, and Crash Avatars: Welcome to the Industrial Metaverse

The concept of the metaverse has been around for some time, though it seems to stir much less public excitement...

EcoFamily Expanding With 5 Stores

Retail chain EcoFamily, which sells non-perishables, household chemicals, and cosmetics, will open five stores this year, operator Napcsillag said this...

Hungary Retail Sales Down 10.1% y.o.y. in Feb 2023

In February 2023, the volume of retail trade in both raw and calendar-adjusted data was 10.1% lower than in the...

AutoWallis 2022 Earnings up 166% on Higher Sales, Wider Margins

After-tax profit of listed car seller AutoWallis rose 166% to HUF 8.6 billion in 2022, lifted by higher revenue and...

Domestic Building Materials Market Slows

The domestic building materials market is slowing down significantly, with a substantial decline in the first months of this year,...

Richter Board Decides on Share Buyback Program

The board of Gedeon Richter has decided on a 12-month share buyback program up to HUF 40 billion, the pharmaceutical...

Industrial Production Down 4.6% y.o.y. in February

The volume of industrial production in Hungary declined in February 2023 by 4.6% year-on-year, according to both working-day adjusted and...

Latvia Industrial Production Down in February

Industrial production in Latvia decreased by 2.2% year-on-year in February, easing from a 9.8% drop in the previous month, data...

Budapest Airport Receives Well Health-Safety Rating

Ferenc Liszt International Airport has been awarded the international Well Health-Safety Rating, becoming the first airport outside of the United...

Poland Manufacturing Activity Shrinks in March

Poland's manufacturing activity shrank again in March with concurrent falls in production and new orders, survey results from S&P Global...

Europe’s #1 Tech Recruitment Event Returns to Budapest

Tech Jobs Fair is set to return to Budapest on May 11 this year, connecting exhibitors with relevant jobseekers from...

Otthon Centrum Makes Polish Acquisition

Hungarian real estate broker Otthon Centrum on Monday said it acquired a 70% stake in Polish peer Freedom Nieruchomosci for...