Business

Manufacturing

Companies Taking Over Troubled Tungsram Bases, Workers

Other companies will take over the bases, and close to 500 workers of Tungsram Operations, which is under liquidation, state...

Innovation

K&H Innovation Index Declines Slightly

The K&H innovation index shows a slight decline, indicating that Hungarian companies have carefully scaled back their innovation ideas in...

Deals

Bauwert Enters Strategic Partnership With Wing, Griffin Capital Partners

Berlin-based property developer firm Bauwert AG is entering a strategic partnership with the Hungarian Wing Group, as well as the...

HR

Roche Services and Solutions in Budapest Hits 2,000-employee Milestone

Roche Services and Solutions (RSS), the service center of the top global healthcare company Roche in Budapest, has been increasing...

Pharma

Richter Signs Term Sheet With Mithra for Sales of Donesta

Hungarian pharmaceutical company Gedeon Richter on Tuesday said it signed a binding term sheet with Belgian peer Mithra Pharmaceuticals on...

Manufacturing

Ganz Supplies Intelligent Transformers to Domestic and Int’l Markets

The first intelligent transformer of Ganz Transformers and Electric Rotating Machines Ltd. is now in operation in Sweden. In addition...

Pharma

Richter Peer AbbVie Receives Approval for Expanded Use of Vraylar

Hungarian pharmaceutical company Gedeon Richter on Monday said its U.S. peer AbbVie received a new drug permission from the U.S....

Office Market

Liberty Complex to Welcome New Int’l Tenant

Wing and Geodis have concluded a long-term lease agreement for a 1,200 sqm office space of the Liberty complex in...

Transport

Gov’t Plans Rollout of County Public Transport Passes

Hungary's government plans to introduce passes valid for all public transport within a county in the first half of 2023,...

Retail

Wolt Market Opening New Store in Debrecen

Wolt Market, Wolt's own online grocery store chain, is opening its eighth Hungarian store in Debrecen, according to a press...

Deals

MOL, Partners to Buy Alteo

Hungarian oil and gas company MOL on Saturday said it is partnering with Diófa Asset Management and Indotek-Investments to acquire...

Retail

Online Market Generated HUF 1.2 tln Last Year

According to the GKI report, in 2021, the online market generated a turnover of HUF 1.2 trillion in Hungary, and...

Manufacturing

Rheinmetall Lays Cornerstone of Várpalota Plant

The cornerstone of a munitions plant German defense industry company Rheinmetall is building in Várpalota (85 km southwest of Budapest)...

Inside View

Tracking the Ebb and Flow of FDI Into Hungary

As a law firm that has positioned itself to advise foreign investors concerning their activities in Hungary, we at Lakatos...

Office Market

Graphisoft Park Aims for Feb 15 Date to Modify Share Currency

Graphisoft Park will request that its shares trade in euros, instead of forints, from February 15, 2023, the business park...

Manufacturing

Companies Taking Over Troubled Tungsram Bases, Workers

Other companies will take over the bases, and close to 500 workers of Tungsram Operations, which is under liquidation, state...

Innovation

K&H Innovation Index Declines Slightly

The K&H innovation index shows a slight decline, indicating that Hungarian companies have carefully scaled back their innovation ideas in...

Deals

Bauwert Enters Strategic Partnership With Wing, Griffin Capital Partners

Berlin-based property developer firm Bauwert AG is entering a strategic partnership with the Hungarian Wing Group, as well as the...

HR

Roche Services and Solutions in Budapest Hits 2,000-employee Milestone

Roche Services and Solutions (RSS), the service center of the top global healthcare company Roche in Budapest, has been increasing...

Pharma

Richter Signs Term Sheet With Mithra for Sales of Donesta

Hungarian pharmaceutical company Gedeon Richter on Tuesday said it signed a binding term sheet with Belgian peer Mithra Pharmaceuticals on...

Manufacturing

Ganz Supplies Intelligent Transformers to Domestic and Int’l Markets

The first intelligent transformer of Ganz Transformers and Electric Rotating Machines Ltd. is now in operation in Sweden. In addition...

Pharma

Richter Peer AbbVie Receives Approval for Expanded Use of Vraylar

Hungarian pharmaceutical company Gedeon Richter on Monday said its U.S. peer AbbVie received a new drug permission from the U.S....

Office Market

Liberty Complex to Welcome New Int’l Tenant

Wing and Geodis have concluded a long-term lease agreement for a 1,200 sqm office space of the Liberty complex in...

Transport

Gov’t Plans Rollout of County Public Transport Passes

Hungary's government plans to introduce passes valid for all public transport within a county in the first half of 2023,...

Retail

Wolt Market Opening New Store in Debrecen

Wolt Market, Wolt's own online grocery store chain, is opening its eighth Hungarian store in Debrecen, according to a press...

Deals

MOL, Partners to Buy Alteo

Hungarian oil and gas company MOL on Saturday said it is partnering with Diófa Asset Management and Indotek-Investments to acquire...

Retail

Online Market Generated HUF 1.2 tln Last Year

According to the GKI report, in 2021, the online market generated a turnover of HUF 1.2 trillion in Hungary, and...

Manufacturing

Rheinmetall Lays Cornerstone of Várpalota Plant

The cornerstone of a munitions plant German defense industry company Rheinmetall is building in Várpalota (85 km southwest of Budapest)...

Inside View

Tracking the Ebb and Flow of FDI Into Hungary

As a law firm that has positioned itself to advise foreign investors concerning their activities in Hungary, we at Lakatos...

Office Market

Graphisoft Park Aims for Feb 15 Date to Modify Share Currency

Graphisoft Park will request that its shares trade in euros, instead of forints, from February 15, 2023, the business park...

Companies Taking Over Troubled Tungsram Bases, Workers

Other companies will take over the bases, and close to 500 workers of Tungsram Operations, which is under liquidation, state...

K&H Innovation Index Declines Slightly

The K&H innovation index shows a slight decline, indicating that Hungarian companies have carefully scaled back their innovation ideas in...

Bauwert Enters Strategic Partnership With Wing, Griffin Capital Partners

Berlin-based property developer firm Bauwert AG is entering a strategic partnership with the Hungarian Wing Group, as well as the...

Roche Services and Solutions in Budapest Hits 2,000-employee Milestone

Roche Services and Solutions (RSS), the service center of the top global healthcare company Roche in Budapest, has been increasing...

Richter Signs Term Sheet With Mithra for Sales of Donesta

Hungarian pharmaceutical company Gedeon Richter on Tuesday said it signed a binding term sheet with Belgian peer Mithra Pharmaceuticals on...

Ganz Supplies Intelligent Transformers to Domestic and Int’l Markets

The first intelligent transformer of Ganz Transformers and Electric Rotating Machines Ltd. is now in operation in Sweden. In addition...

Richter Peer AbbVie Receives Approval for Expanded Use of Vraylar

Hungarian pharmaceutical company Gedeon Richter on Monday said its U.S. peer AbbVie received a new drug permission from the U.S....

Liberty Complex to Welcome New Int’l Tenant

Wing and Geodis have concluded a long-term lease agreement for a 1,200 sqm office space of the Liberty complex in...

Gov’t Plans Rollout of County Public Transport Passes

Hungary's government plans to introduce passes valid for all public transport within a county in the first half of 2023,...

Wolt Market Opening New Store in Debrecen

Wolt Market, Wolt's own online grocery store chain, is opening its eighth Hungarian store in Debrecen, according to a press...

MOL, Partners to Buy Alteo

Hungarian oil and gas company MOL on Saturday said it is partnering with Diófa Asset Management and Indotek-Investments to acquire...

Online Market Generated HUF 1.2 tln Last Year

According to the GKI report, in 2021, the online market generated a turnover of HUF 1.2 trillion in Hungary, and...

Rheinmetall Lays Cornerstone of Várpalota Plant

The cornerstone of a munitions plant German defense industry company Rheinmetall is building in Várpalota (85 km southwest of Budapest)...

Tracking the Ebb and Flow of FDI Into Hungary

As a law firm that has positioned itself to advise foreign investors concerning their activities in Hungary, we at Lakatos...

Graphisoft Park Aims for Feb 15 Date to Modify Share Currency

Graphisoft Park will request that its shares trade in euros, instead of forints, from February 15, 2023, the business park...