Business

Interview

Growth, Creative Benchmarking, and the Cost of Sustainability

French-based industrial group Legrand is celebrating 30 years on the Hungarian market. László Károlyi, who became CEO in 2004, has...

Retail

Retail Sales Rise 2.4% in August

In August 2022, the volume of sales in retail trade increased by 3.3% according to raw data, and by 2.4%...

Deals

AutoWallis, Partner Complete Renault Hungária Acquisition

AutoWallis Caetano Holding Zrt., founded by the AutoWallis Group, and its Portuguese partner, have gained ownership of Renault Hungária Kft.,...

HR

91% of Companies Raised Wages This Year

The majority of Hungarian companies have tried to mitigate the effects of rising inflation, according to profitline.hu....

Manufacturing

Latvia Annual Industrial Production Marginally Falls in Aug

Latvia's industrial production declined for the second successive month in August due to a contraction in manufacturing output, data from...

Science

Hungary Registers 13,765 New COVID Cases, 73 Deaths in a Week

The number of confirmed cases of the novel coronavirus in Hungary has risen by 13,765, while 73 deaths from COVID-19...

Residential

Price Gap Between Supply and Demand for Sub-Rentals Opens to 26%

In the capital, the price gap between the demand and supply prices for sub-rentals opened to 26% in September, according...

Transport

Korean Air Launches 2 Flights a Week Between Budapest and Seoul

South Korean national carrier Korean Air will operate two direct flights a week between Budapest and Seoul in the winter...

Fintech

Coca-Cola HBC Hungary Introducing Cashless Payment Solution

Thanks to a unique cooperation with the banking and fintech sectors, customers of Coca-Cola HBC Hungary will be the first...

Manufacturing

Estonian Industrial Output Rebounds in August

Industrial production in Estonia grew by 0.8% year-on-year in August, rebounding from a 6.4% drop a month earlier, data from...

HR

HUF 57 bln in Support Available for Hiring Disabled People

Accredited companies may apply for a little over HUF 57 bln in support to hire people living with disabilities by...

Logistics

HelloParks Starts Construction on EUR 70 mln Páty Warehouse

HelloParks has started construction of a close to EUR 70 million, 58,000 sqm warehouse in Páty (20 km west of...

Appointments

Róbert Ésik Joins EY as Partner

Róbert Ésik, the former CEO of the Hungarian Investment Promotion Agency (HIPA) joined EY on September 1, the Big Four...

Science

Insulin Resistance: Why ’Fashionable Illness’ Doesn’t Cut It

Although insulin resistance (IR) is a popular topic nowadays, we still shouldn’t refer to it as a fashionable illness, rather...

Automotive

Hungary Wants Leading Role in Vehicle R&D

Hungary wants to play a leading role in areas that will establish the future of the vehicle industry, individually in...

Interview

Growth, Creative Benchmarking, and the Cost of Sustainability

French-based industrial group Legrand is celebrating 30 years on the Hungarian market. László Károlyi, who became CEO in 2004, has...

Retail

Retail Sales Rise 2.4% in August

In August 2022, the volume of sales in retail trade increased by 3.3% according to raw data, and by 2.4%...

Deals

AutoWallis, Partner Complete Renault Hungária Acquisition

AutoWallis Caetano Holding Zrt., founded by the AutoWallis Group, and its Portuguese partner, have gained ownership of Renault Hungária Kft.,...

HR

91% of Companies Raised Wages This Year

The majority of Hungarian companies have tried to mitigate the effects of rising inflation, according to profitline.hu....

Manufacturing

Latvia Annual Industrial Production Marginally Falls in Aug

Latvia's industrial production declined for the second successive month in August due to a contraction in manufacturing output, data from...

Science

Hungary Registers 13,765 New COVID Cases, 73 Deaths in a Week

The number of confirmed cases of the novel coronavirus in Hungary has risen by 13,765, while 73 deaths from COVID-19...

Residential

Price Gap Between Supply and Demand for Sub-Rentals Opens to 26%

In the capital, the price gap between the demand and supply prices for sub-rentals opened to 26% in September, according...

Transport

Korean Air Launches 2 Flights a Week Between Budapest and Seoul

South Korean national carrier Korean Air will operate two direct flights a week between Budapest and Seoul in the winter...

Fintech

Coca-Cola HBC Hungary Introducing Cashless Payment Solution

Thanks to a unique cooperation with the banking and fintech sectors, customers of Coca-Cola HBC Hungary will be the first...

Manufacturing

Estonian Industrial Output Rebounds in August

Industrial production in Estonia grew by 0.8% year-on-year in August, rebounding from a 6.4% drop a month earlier, data from...

HR

HUF 57 bln in Support Available for Hiring Disabled People

Accredited companies may apply for a little over HUF 57 bln in support to hire people living with disabilities by...

Logistics

HelloParks Starts Construction on EUR 70 mln Páty Warehouse

HelloParks has started construction of a close to EUR 70 million, 58,000 sqm warehouse in Páty (20 km west of...

Appointments

Róbert Ésik Joins EY as Partner

Róbert Ésik, the former CEO of the Hungarian Investment Promotion Agency (HIPA) joined EY on September 1, the Big Four...

Science

Insulin Resistance: Why ’Fashionable Illness’ Doesn’t Cut It

Although insulin resistance (IR) is a popular topic nowadays, we still shouldn’t refer to it as a fashionable illness, rather...

Automotive

Hungary Wants Leading Role in Vehicle R&D

Hungary wants to play a leading role in areas that will establish the future of the vehicle industry, individually in...

Growth, Creative Benchmarking, and the Cost of Sustainability

French-based industrial group Legrand is celebrating 30 years on the Hungarian market. László Károlyi, who became CEO in 2004, has...

Retail Sales Rise 2.4% in August

In August 2022, the volume of sales in retail trade increased by 3.3% according to raw data, and by 2.4%...

AutoWallis, Partner Complete Renault Hungária Acquisition

AutoWallis Caetano Holding Zrt., founded by the AutoWallis Group, and its Portuguese partner, have gained ownership of Renault Hungária Kft.,...

91% of Companies Raised Wages This Year

The majority of Hungarian companies have tried to mitigate the effects of rising inflation, according to profitline.hu....

Latvia Annual Industrial Production Marginally Falls in Aug

Latvia's industrial production declined for the second successive month in August due to a contraction in manufacturing output, data from...

Hungary Registers 13,765 New COVID Cases, 73 Deaths in a Week

The number of confirmed cases of the novel coronavirus in Hungary has risen by 13,765, while 73 deaths from COVID-19...

Price Gap Between Supply and Demand for Sub-Rentals Opens to 26%

In the capital, the price gap between the demand and supply prices for sub-rentals opened to 26% in September, according...

Korean Air Launches 2 Flights a Week Between Budapest and Seoul

South Korean national carrier Korean Air will operate two direct flights a week between Budapest and Seoul in the winter...

Coca-Cola HBC Hungary Introducing Cashless Payment Solution

Thanks to a unique cooperation with the banking and fintech sectors, customers of Coca-Cola HBC Hungary will be the first...

Estonian Industrial Output Rebounds in August

Industrial production in Estonia grew by 0.8% year-on-year in August, rebounding from a 6.4% drop a month earlier, data from...

HUF 57 bln in Support Available for Hiring Disabled People

Accredited companies may apply for a little over HUF 57 bln in support to hire people living with disabilities by...

HelloParks Starts Construction on EUR 70 mln Páty Warehouse

HelloParks has started construction of a close to EUR 70 million, 58,000 sqm warehouse in Páty (20 km west of...

Róbert Ésik Joins EY as Partner

Róbert Ésik, the former CEO of the Hungarian Investment Promotion Agency (HIPA) joined EY on September 1, the Big Four...

Insulin Resistance: Why ’Fashionable Illness’ Doesn’t Cut It

Although insulin resistance (IR) is a popular topic nowadays, we still shouldn’t refer to it as a fashionable illness, rather...

Hungary Wants Leading Role in Vehicle R&D

Hungary wants to play a leading role in areas that will establish the future of the vehicle industry, individually in...