Business

Construction

Koji: 2023 Uncertain for Construction Industry

2023 will be a year of uncertainty in the construction industry, László Koji, president of Évosz, told portfolio.hu....

Retail

Poland Retail Sales in December Decrease on Year 

Retail sales growth in Poland eased notably to 0.2% in December from 1.6% in November, data from the Central Statistical...

Retail

Primark to Open 1st Store in Hungary in Near Future

International fashion retailer Primark has announced that it will open its first Hungarian store in Budapest in the company's next...

Innovation

C3D Partners With Unis to Develop Smart Office Chair

Hungarian engineering company C3D Műszaki Tanácsadó has designed an office chair that uses electric motors to ensure correct posture in...

Manufacturing

Moldova’s Nov Industrial Output Drops on Year, but Jumps on Month 

Industrial production in Moldova shrank 6.5% year-on-year in November, following a downwardly revised 13.7% drop in the previous month, and...

Retail

GVH Launches Dairy Market Probe

Hungary's Competition Office on Friday announced the launch of an accelerated probe of the dairy market to determine if restrictions...

HR

Poland Employment Growth Slightly in December 

Corporate employment in Poland rose 2.2% year-on-year to 6.505 million people in December, edging lower from a 2.3% increase in...

HR

Avg Hourly Rate for Blue-collar Workers Climbs 13% in Q4

The average gross hourly pay rate for skilled and unskilled blue-collar workers in Hungary climbed 13% to HUF 1,630 in...

Science

Applications Open for Fall Semester of FAO–Hungarian Gov’t Scholarship Program

Applications are now being accepted by the FAO–Hungarian Government Scholarship Program. Two scholarships are available for two-year post-graduate study in...

Appointments

New Director Joins PwC Hungary

Tünde Kis, former deputy CEO of the Hungarian Investment Promotion Agency (Hipa), has joined PwC Hungary as a director as...

Automotive

Mercedes-Benz Manufacturing Hungary Workers Get Profit-Sharing Bonus

Workers at German car maker Mercedes-Benz's plant in Kecskemét (82 km southeast of Budapest) will get a gross HUF 870,000...

HR

Job Application Numbers Climb as Openings Fall

The number of job seekers' applications posted on jobs portal Profession.hu increased 34% in the fourth quarter from the same...

Office Market

The Etele Plaza Achieves Breeam ‘Very Good’ Certification

The 55,000 sqm Etele Plaza by Futureal has been awarded Breeam “Very Good” certification. This is part of a trend...

Automotive

Investment Prospects from China to Lift Automotive Sector in 2023

2023 comes with a challenging outlook, and the automotive industry seems likely to remain vulnerable to economic headwinds. However, for...

Transport

Wizz Air Launches New Routes to Turkey

Discount airline Wizz Air is launching new routes from Hungary to Turkey. The airline will add Istanbul and Antalya to...

Construction

Koji: 2023 Uncertain for Construction Industry

2023 will be a year of uncertainty in the construction industry, László Koji, president of Évosz, told portfolio.hu....

Retail

Poland Retail Sales in December Decrease on Year 

Retail sales growth in Poland eased notably to 0.2% in December from 1.6% in November, data from the Central Statistical...

Retail

Primark to Open 1st Store in Hungary in Near Future

International fashion retailer Primark has announced that it will open its first Hungarian store in Budapest in the company's next...

Innovation

C3D Partners With Unis to Develop Smart Office Chair

Hungarian engineering company C3D Műszaki Tanácsadó has designed an office chair that uses electric motors to ensure correct posture in...

Manufacturing

Moldova’s Nov Industrial Output Drops on Year, but Jumps on Month 

Industrial production in Moldova shrank 6.5% year-on-year in November, following a downwardly revised 13.7% drop in the previous month, and...

Retail

GVH Launches Dairy Market Probe

Hungary's Competition Office on Friday announced the launch of an accelerated probe of the dairy market to determine if restrictions...

HR

Poland Employment Growth Slightly in December 

Corporate employment in Poland rose 2.2% year-on-year to 6.505 million people in December, edging lower from a 2.3% increase in...

HR

Avg Hourly Rate for Blue-collar Workers Climbs 13% in Q4

The average gross hourly pay rate for skilled and unskilled blue-collar workers in Hungary climbed 13% to HUF 1,630 in...

Science

Applications Open for Fall Semester of FAO–Hungarian Gov’t Scholarship Program

Applications are now being accepted by the FAO–Hungarian Government Scholarship Program. Two scholarships are available for two-year post-graduate study in...

Appointments

New Director Joins PwC Hungary

Tünde Kis, former deputy CEO of the Hungarian Investment Promotion Agency (Hipa), has joined PwC Hungary as a director as...

Automotive

Mercedes-Benz Manufacturing Hungary Workers Get Profit-Sharing Bonus

Workers at German car maker Mercedes-Benz's plant in Kecskemét (82 km southeast of Budapest) will get a gross HUF 870,000...

HR

Job Application Numbers Climb as Openings Fall

The number of job seekers' applications posted on jobs portal Profession.hu increased 34% in the fourth quarter from the same...

Office Market

The Etele Plaza Achieves Breeam ‘Very Good’ Certification

The 55,000 sqm Etele Plaza by Futureal has been awarded Breeam “Very Good” certification. This is part of a trend...

Automotive

Investment Prospects from China to Lift Automotive Sector in 2023

2023 comes with a challenging outlook, and the automotive industry seems likely to remain vulnerable to economic headwinds. However, for...

Transport

Wizz Air Launches New Routes to Turkey

Discount airline Wizz Air is launching new routes from Hungary to Turkey. The airline will add Istanbul and Antalya to...

Koji: 2023 Uncertain for Construction Industry

2023 will be a year of uncertainty in the construction industry, László Koji, president of Évosz, told portfolio.hu....

Poland Retail Sales in December Decrease on Year 

Retail sales growth in Poland eased notably to 0.2% in December from 1.6% in November, data from the Central Statistical...

Primark to Open 1st Store in Hungary in Near Future

International fashion retailer Primark has announced that it will open its first Hungarian store in Budapest in the company's next...

C3D Partners With Unis to Develop Smart Office Chair

Hungarian engineering company C3D Műszaki Tanácsadó has designed an office chair that uses electric motors to ensure correct posture in...

Moldova’s Nov Industrial Output Drops on Year, but Jumps on Month 

Industrial production in Moldova shrank 6.5% year-on-year in November, following a downwardly revised 13.7% drop in the previous month, and...

GVH Launches Dairy Market Probe

Hungary's Competition Office on Friday announced the launch of an accelerated probe of the dairy market to determine if restrictions...

Poland Employment Growth Slightly in December 

Corporate employment in Poland rose 2.2% year-on-year to 6.505 million people in December, edging lower from a 2.3% increase in...

Avg Hourly Rate for Blue-collar Workers Climbs 13% in Q4

The average gross hourly pay rate for skilled and unskilled blue-collar workers in Hungary climbed 13% to HUF 1,630 in...

Applications Open for Fall Semester of FAO–Hungarian Gov’t Scholarship Program

Applications are now being accepted by the FAO–Hungarian Government Scholarship Program. Two scholarships are available for two-year post-graduate study in...

New Director Joins PwC Hungary

Tünde Kis, former deputy CEO of the Hungarian Investment Promotion Agency (Hipa), has joined PwC Hungary as a director as...

Mercedes-Benz Manufacturing Hungary Workers Get Profit-Sharing Bonus

Workers at German car maker Mercedes-Benz's plant in Kecskemét (82 km southeast of Budapest) will get a gross HUF 870,000...

Job Application Numbers Climb as Openings Fall

The number of job seekers' applications posted on jobs portal Profession.hu increased 34% in the fourth quarter from the same...

The Etele Plaza Achieves Breeam ‘Very Good’ Certification

The 55,000 sqm Etele Plaza by Futureal has been awarded Breeam “Very Good” certification. This is part of a trend...

Investment Prospects from China to Lift Automotive Sector in 2023

2023 comes with a challenging outlook, and the automotive industry seems likely to remain vulnerable to economic headwinds. However, for...

Wizz Air Launches New Routes to Turkey

Discount airline Wizz Air is launching new routes from Hungary to Turkey. The airline will add Istanbul and Antalya to...