Business

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...

Telco

More Than 70% of Poles Over 60 Use the Internet 

As many as 71% of people over 60 in Poland use the Internet, news agency PAP reports, citing research entitled...

Appointments

New Partners To Strengthen BLS-CEE’s Regional Growth

Romanian law-qualified lawyer Iulia Berea (Stoianof) and her team based in Bucharest has joined BLS-CEE, according to a press release...

Construction

Construction Sector Could Contract 15% This Year

Hungary's construction sector could contract 10-15% this year, based on feedback from industry insiders, the head of the professional association...

Retail

Competition Office Launches Probe of Food Retailers

Hungary's Competition Office (GVH) on Wednesday said it is conducting a probe of the retail food sector to weed out...

Retail

E-commerce Expectations Unfavorable

Unprecedented pessimism prevails among internet retailers, the leading partner of GKID, Norbert Madár, told business daily Világgazdaság....

Appointments

Two New Leaders Join WeAreOpen

Hungary’s market leader DEI (diversity, equity, and inclusion) organization, has been expanded with two new leaders. Nóra Várady became the...

Manufacturing

Masterplast Acquires Peer With Glass Wool Plant in Pipeline

Listed building materials maker Masterplast on Wednesday said it signed a contract to acquire Pimco, a company in the process...

Deals

AutoWallis Group Entering Online Automotive Sales Market

In line with its earlier plans, AutoWallis has acquired Net Mobilitás Zrt., which operates the JóAutók.hu and Autó-Licit.hu portals, leading...

Automotive

Das WeltAuto Used Car Sales Fall to 6,278 in 2022

Das WeltAuto sold 6,278 cars last year, down from 7,442 in 2021, the used car business of Volkswagen importer Porsche...

Residential

Q4 Resale Flat Prices Fell 3.5%

The average price of resale flats in Budapest fell 3.5% in the fourth quarter compared to Q3, real estate broker...

Retail

Business Assoc Presses for ‘Gradual’ Price Cap Phaseout

The National Association of Businesses and Employers (Vosz) on Wednesday urged a "gradual" rollback of price caps on staples, parallel...

Office Market

Renovation of Krausz Palace Approaches Completion

The modernization of the Krausz Palace on Budapest's Andrássy út is nearing completion, according to a press release sent to...

Appointments

Balázs Fazakas Promoted to Partner at Lakatos, Köves & Partners

Balázs Fazakas, head of the Litigation and Dispute Resolution Group at Lakatos, Köves & Partners Law Firm (LKT) has been...

Automotive

BMW Group Sales in Hungary Climb 18% in 2022

BMW Group's new car sales in Hungary rose 18% to 5,267 last year, even as the market as a whole...

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...

Telco

More Than 70% of Poles Over 60 Use the Internet 

As many as 71% of people over 60 in Poland use the Internet, news agency PAP reports, citing research entitled...

Appointments

New Partners To Strengthen BLS-CEE’s Regional Growth

Romanian law-qualified lawyer Iulia Berea (Stoianof) and her team based in Bucharest has joined BLS-CEE, according to a press release...

Construction

Construction Sector Could Contract 15% This Year

Hungary's construction sector could contract 10-15% this year, based on feedback from industry insiders, the head of the professional association...

Retail

Competition Office Launches Probe of Food Retailers

Hungary's Competition Office (GVH) on Wednesday said it is conducting a probe of the retail food sector to weed out...

Retail

E-commerce Expectations Unfavorable

Unprecedented pessimism prevails among internet retailers, the leading partner of GKID, Norbert Madár, told business daily Világgazdaság....

Appointments

Two New Leaders Join WeAreOpen

Hungary’s market leader DEI (diversity, equity, and inclusion) organization, has been expanded with two new leaders. Nóra Várady became the...

Manufacturing

Masterplast Acquires Peer With Glass Wool Plant in Pipeline

Listed building materials maker Masterplast on Wednesday said it signed a contract to acquire Pimco, a company in the process...

Deals

AutoWallis Group Entering Online Automotive Sales Market

In line with its earlier plans, AutoWallis has acquired Net Mobilitás Zrt., which operates the JóAutók.hu and Autó-Licit.hu portals, leading...

Automotive

Das WeltAuto Used Car Sales Fall to 6,278 in 2022

Das WeltAuto sold 6,278 cars last year, down from 7,442 in 2021, the used car business of Volkswagen importer Porsche...

Residential

Q4 Resale Flat Prices Fell 3.5%

The average price of resale flats in Budapest fell 3.5% in the fourth quarter compared to Q3, real estate broker...

Retail

Business Assoc Presses for ‘Gradual’ Price Cap Phaseout

The National Association of Businesses and Employers (Vosz) on Wednesday urged a "gradual" rollback of price caps on staples, parallel...

Office Market

Renovation of Krausz Palace Approaches Completion

The modernization of the Krausz Palace on Budapest's Andrássy út is nearing completion, according to a press release sent to...

Appointments

Balázs Fazakas Promoted to Partner at Lakatos, Köves & Partners

Balázs Fazakas, head of the Litigation and Dispute Resolution Group at Lakatos, Köves & Partners Law Firm (LKT) has been...

Automotive

BMW Group Sales in Hungary Climb 18% in 2022

BMW Group's new car sales in Hungary rose 18% to 5,267 last year, even as the market as a whole...

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...

More Than 70% of Poles Over 60 Use the Internet 

As many as 71% of people over 60 in Poland use the Internet, news agency PAP reports, citing research entitled...

New Partners To Strengthen BLS-CEE’s Regional Growth

Romanian law-qualified lawyer Iulia Berea (Stoianof) and her team based in Bucharest has joined BLS-CEE, according to a press release...

Construction Sector Could Contract 15% This Year

Hungary's construction sector could contract 10-15% this year, based on feedback from industry insiders, the head of the professional association...

Competition Office Launches Probe of Food Retailers

Hungary's Competition Office (GVH) on Wednesday said it is conducting a probe of the retail food sector to weed out...

E-commerce Expectations Unfavorable

Unprecedented pessimism prevails among internet retailers, the leading partner of GKID, Norbert Madár, told business daily Világgazdaság....

Two New Leaders Join WeAreOpen

Hungary’s market leader DEI (diversity, equity, and inclusion) organization, has been expanded with two new leaders. Nóra Várady became the...

Masterplast Acquires Peer With Glass Wool Plant in Pipeline

Listed building materials maker Masterplast on Wednesday said it signed a contract to acquire Pimco, a company in the process...

AutoWallis Group Entering Online Automotive Sales Market

In line with its earlier plans, AutoWallis has acquired Net Mobilitás Zrt., which operates the JóAutók.hu and Autó-Licit.hu portals, leading...

Das WeltAuto Used Car Sales Fall to 6,278 in 2022

Das WeltAuto sold 6,278 cars last year, down from 7,442 in 2021, the used car business of Volkswagen importer Porsche...

Q4 Resale Flat Prices Fell 3.5%

The average price of resale flats in Budapest fell 3.5% in the fourth quarter compared to Q3, real estate broker...

Business Assoc Presses for ‘Gradual’ Price Cap Phaseout

The National Association of Businesses and Employers (Vosz) on Wednesday urged a "gradual" rollback of price caps on staples, parallel...

Renovation of Krausz Palace Approaches Completion

The modernization of the Krausz Palace on Budapest's Andrássy út is nearing completion, according to a press release sent to...

Balázs Fazakas Promoted to Partner at Lakatos, Köves & Partners

Balázs Fazakas, head of the Litigation and Dispute Resolution Group at Lakatos, Köves & Partners Law Firm (LKT) has been...

BMW Group Sales in Hungary Climb 18% in 2022

BMW Group's new car sales in Hungary rose 18% to 5,267 last year, even as the market as a whole...