Business

Deals

EPS-Global Enters Portuguese Market

Hungary's EPS-Global, which makes parking management software for municipal councils and companies, has entered the market in Portugal, according to...

Residential

Older Housing Prices Could Slow This Year

Prices for more energy-intensive, less modern housing could fall, and the overall rate of price increases could slow significantly in...

Manufacturing

Hungary Industrial Output Rises 0.5% y.o.y. in November

The volume of industrial production in Hungary grew by 0.5% year-on-year in November, according to raw data published by the...

Innovation

CYX Develops Air Purifier in HUF 1 bln R&D Project

CYX has developed an air purifier that prevents the spread of coronavirus in the framework of a close to HUF...

Manufacturing

Electrolux to Lay off Part of Employees at Satu Mare plant, Romania

Appliance manufacturer Electrolux will lay off part of the employees working at its cooker factory in Satu Mare, northwest Romania,...

HR

Unemployment Rate at 3.8% in November

In November 2022, the unemployment rate in Hungary stood at 3.8%, according to data released by the Central Statistical Office...

Telco

Antenna Hungária, State Sign Deal to Acquire Vodafone Hungary

Antenna Hungária and state-owned Corvinus have entered into a final sale and purchase agreement with Vodafone Europe to acquire 100%...

Manufacturing

Serbia Producer Inflation Slows in November 

Serbia's industrial producer prices on the domestic market rose by 13.3% year-on-year in December, after growing by an annual 15.3%...

Automotive

Erste: Margin Doubling Causing Fuel Price Increase

It is not oil, nor oil products, nor the exchange rate that explains the increase in fuel prices in Hungary,...

HR

100,000 Acquire AI Knowledge Through Public Course

As an initiative of the Hungarian Artificial Intelligence Coalition, more than 100,000 people have already acquired basic knowledge of artificial...

Automotive

Number of New Motorcycles up 13% y.o.y.

The number of new motorcycles sold in Hungary increased by nearly 13% in 2022, thus continuing an upward trend that...

Manufacturing

AR-Robotics Wins HUF 677 mln in EU Support for Upgrade

Sheet metal products maker AR-Robotics has won around HUF 677 million in European Union support covering half of the cost...

Innovation

GE Completes Separation of GE HealthCare

GE announced that it has completed the separation of its healthcare business, launching GE HealthCare Technologies Inc. (GE HealthCare), a...

Manufacturing

Masterplast Issues Profit Warning

Listed building materials company Masterplast said it had a loss in the fourth quarter and put full-year net profit at...

Retail

Retail Sales Grew by 0.6% y.o.y. in November

In November 2022, the volume of retail trade in both raw and calendar-adjusted data was 0.6% higher than in the...

Deals

EPS-Global Enters Portuguese Market

Hungary's EPS-Global, which makes parking management software for municipal councils and companies, has entered the market in Portugal, according to...

Residential

Older Housing Prices Could Slow This Year

Prices for more energy-intensive, less modern housing could fall, and the overall rate of price increases could slow significantly in...

Manufacturing

Hungary Industrial Output Rises 0.5% y.o.y. in November

The volume of industrial production in Hungary grew by 0.5% year-on-year in November, according to raw data published by the...

Innovation

CYX Develops Air Purifier in HUF 1 bln R&D Project

CYX has developed an air purifier that prevents the spread of coronavirus in the framework of a close to HUF...

Manufacturing

Electrolux to Lay off Part of Employees at Satu Mare plant, Romania

Appliance manufacturer Electrolux will lay off part of the employees working at its cooker factory in Satu Mare, northwest Romania,...

HR

Unemployment Rate at 3.8% in November

In November 2022, the unemployment rate in Hungary stood at 3.8%, according to data released by the Central Statistical Office...

Telco

Antenna Hungária, State Sign Deal to Acquire Vodafone Hungary

Antenna Hungária and state-owned Corvinus have entered into a final sale and purchase agreement with Vodafone Europe to acquire 100%...

Manufacturing

Serbia Producer Inflation Slows in November 

Serbia's industrial producer prices on the domestic market rose by 13.3% year-on-year in December, after growing by an annual 15.3%...

Automotive

Erste: Margin Doubling Causing Fuel Price Increase

It is not oil, nor oil products, nor the exchange rate that explains the increase in fuel prices in Hungary,...

HR

100,000 Acquire AI Knowledge Through Public Course

As an initiative of the Hungarian Artificial Intelligence Coalition, more than 100,000 people have already acquired basic knowledge of artificial...

Automotive

Number of New Motorcycles up 13% y.o.y.

The number of new motorcycles sold in Hungary increased by nearly 13% in 2022, thus continuing an upward trend that...

Manufacturing

AR-Robotics Wins HUF 677 mln in EU Support for Upgrade

Sheet metal products maker AR-Robotics has won around HUF 677 million in European Union support covering half of the cost...

Innovation

GE Completes Separation of GE HealthCare

GE announced that it has completed the separation of its healthcare business, launching GE HealthCare Technologies Inc. (GE HealthCare), a...

Manufacturing

Masterplast Issues Profit Warning

Listed building materials company Masterplast said it had a loss in the fourth quarter and put full-year net profit at...

Retail

Retail Sales Grew by 0.6% y.o.y. in November

In November 2022, the volume of retail trade in both raw and calendar-adjusted data was 0.6% higher than in the...

EPS-Global Enters Portuguese Market

Hungary's EPS-Global, which makes parking management software for municipal councils and companies, has entered the market in Portugal, according to...

Older Housing Prices Could Slow This Year

Prices for more energy-intensive, less modern housing could fall, and the overall rate of price increases could slow significantly in...

Hungary Industrial Output Rises 0.5% y.o.y. in November

The volume of industrial production in Hungary grew by 0.5% year-on-year in November, according to raw data published by the...

CYX Develops Air Purifier in HUF 1 bln R&D Project

CYX has developed an air purifier that prevents the spread of coronavirus in the framework of a close to HUF...

Electrolux to Lay off Part of Employees at Satu Mare plant, Romania

Appliance manufacturer Electrolux will lay off part of the employees working at its cooker factory in Satu Mare, northwest Romania,...

Unemployment Rate at 3.8% in November

In November 2022, the unemployment rate in Hungary stood at 3.8%, according to data released by the Central Statistical Office...

Antenna Hungária, State Sign Deal to Acquire Vodafone Hungary

Antenna Hungária and state-owned Corvinus have entered into a final sale and purchase agreement with Vodafone Europe to acquire 100%...

Serbia Producer Inflation Slows in November 

Serbia's industrial producer prices on the domestic market rose by 13.3% year-on-year in December, after growing by an annual 15.3%...

Erste: Margin Doubling Causing Fuel Price Increase

It is not oil, nor oil products, nor the exchange rate that explains the increase in fuel prices in Hungary,...

100,000 Acquire AI Knowledge Through Public Course

As an initiative of the Hungarian Artificial Intelligence Coalition, more than 100,000 people have already acquired basic knowledge of artificial...

Number of New Motorcycles up 13% y.o.y.

The number of new motorcycles sold in Hungary increased by nearly 13% in 2022, thus continuing an upward trend that...

AR-Robotics Wins HUF 677 mln in EU Support for Upgrade

Sheet metal products maker AR-Robotics has won around HUF 677 million in European Union support covering half of the cost...

GE Completes Separation of GE HealthCare

GE announced that it has completed the separation of its healthcare business, launching GE HealthCare Technologies Inc. (GE HealthCare), a...

Masterplast Issues Profit Warning

Listed building materials company Masterplast said it had a loss in the fourth quarter and put full-year net profit at...

Retail Sales Grew by 0.6% y.o.y. in November

In November 2022, the volume of retail trade in both raw and calendar-adjusted data was 0.6% higher than in the...