Business

Manufacturing

Industrial producer prices up 22.4% y.o.y. in February

Industrial producer prices were 22.4% higher on average in February 2022 than a year earlier, according to a report by...

Construction

GVH fines construction companies over cartel activity

Hungary's competition office GVH on Thursday said it fined three construction companies a combined HUF 42.8 million over cartel activity,...

Office Market

Immofinanz signs contracts for 65,000 sqm in 2021

Immofinanz - one of the largest investors in the region - signed contracts in the retail and office sector for...

Residential

Real estate market effects augur further price increases 

At the moment, all market effects augur a further increase in the price of real estate, especially second-hand residential real...

Retail

Latvia retail sales increase in February

Latvia's retail sales increased in February, led by non-food sales, figures from the Riga-based Central Statistical Bureau (CSB) showed on...

Automotive

Duna Autó to sell MG cars in Hungary

Duna Autó will start selling MG cars in Hungary from Q3 2022, the car seller's importer unit Duna Motors Disztribúció...

Retail

Lithuania retail sales growth slows in February

Lithuania's retail sales growth eased to the lowest in three months in February, figures from Statistics Lithuania (LS) showed on...

Deals

Hungary to acquire ammunition from Rheinmetall

The Hungarian Defense Forces will buy a broad range of ammunition from Germany's Rheinmetall group, the government commissioner for defense...

Sustainability

HUF 77 bln in Green Home Program loans disbursed in Feb

Banks had concluded 2,519 loan transactions worth HUF 77 billion in the National Bank of Hungary's Green Home Program by...

Sustainability

CPI Hungary, Energo Hungary join forces for Earth Hour

Earth Hour, initiated by WWF, was joined by Budapest real estate portfolio owner CPI Hungary and new user-focused energy market...

Automotive

Kravtex-Kühne inaugurates HUF 2 bln expansion 

Hungary's Kravtex-Kühne group inaugurated a HUF 2 billion expansion at its bus plant in Mosonmagyaróvár (160 km northwest of Budapest),...

Manufacturing

Rheinmetall inaugurates Lynx IFV factory in Zalaegerszeg

German defense industry company Rheinmetall and the state of Hungary on Saturday inaugurated a factory building where production of Lynx...

Transport

Gebrüder Weiss Hungary turnover climbs 20% in 2021

Revenue of the local unit of Austrian logistics company Gebrüder Weiss rose 20% to HUF 28.7 billion last year, the...

HR

Unemployment rate at 3.8% in February

In February 2022, the number of unemployed was 185,000 and the unemployment rate was 3.8%, according to data released by...

Transport

Wizz Air launches new flights from Hévíz and Debrecen

Discount airline Wizz Air announced the addition of three new flights from Hungary to its portfolio from June 2022....

Manufacturing

Industrial producer prices up 22.4% y.o.y. in February

Industrial producer prices were 22.4% higher on average in February 2022 than a year earlier, according to a report by...

Construction

GVH fines construction companies over cartel activity

Hungary's competition office GVH on Thursday said it fined three construction companies a combined HUF 42.8 million over cartel activity,...

Office Market

Immofinanz signs contracts for 65,000 sqm in 2021

Immofinanz - one of the largest investors in the region - signed contracts in the retail and office sector for...

Residential

Real estate market effects augur further price increases 

At the moment, all market effects augur a further increase in the price of real estate, especially second-hand residential real...

Retail

Latvia retail sales increase in February

Latvia's retail sales increased in February, led by non-food sales, figures from the Riga-based Central Statistical Bureau (CSB) showed on...

Automotive

Duna Autó to sell MG cars in Hungary

Duna Autó will start selling MG cars in Hungary from Q3 2022, the car seller's importer unit Duna Motors Disztribúció...

Retail

Lithuania retail sales growth slows in February

Lithuania's retail sales growth eased to the lowest in three months in February, figures from Statistics Lithuania (LS) showed on...

Deals

Hungary to acquire ammunition from Rheinmetall

The Hungarian Defense Forces will buy a broad range of ammunition from Germany's Rheinmetall group, the government commissioner for defense...

Sustainability

HUF 77 bln in Green Home Program loans disbursed in Feb

Banks had concluded 2,519 loan transactions worth HUF 77 billion in the National Bank of Hungary's Green Home Program by...

Sustainability

CPI Hungary, Energo Hungary join forces for Earth Hour

Earth Hour, initiated by WWF, was joined by Budapest real estate portfolio owner CPI Hungary and new user-focused energy market...

Automotive

Kravtex-Kühne inaugurates HUF 2 bln expansion 

Hungary's Kravtex-Kühne group inaugurated a HUF 2 billion expansion at its bus plant in Mosonmagyaróvár (160 km northwest of Budapest),...

Manufacturing

Rheinmetall inaugurates Lynx IFV factory in Zalaegerszeg

German defense industry company Rheinmetall and the state of Hungary on Saturday inaugurated a factory building where production of Lynx...

Transport

Gebrüder Weiss Hungary turnover climbs 20% in 2021

Revenue of the local unit of Austrian logistics company Gebrüder Weiss rose 20% to HUF 28.7 billion last year, the...

HR

Unemployment rate at 3.8% in February

In February 2022, the number of unemployed was 185,000 and the unemployment rate was 3.8%, according to data released by...

Transport

Wizz Air launches new flights from Hévíz and Debrecen

Discount airline Wizz Air announced the addition of three new flights from Hungary to its portfolio from June 2022....

Industrial producer prices up 22.4% y.o.y. in February

Industrial producer prices were 22.4% higher on average in February 2022 than a year earlier, according to a report by...

GVH fines construction companies over cartel activity

Hungary's competition office GVH on Thursday said it fined three construction companies a combined HUF 42.8 million over cartel activity,...

Immofinanz signs contracts for 65,000 sqm in 2021

Immofinanz - one of the largest investors in the region - signed contracts in the retail and office sector for...

Real estate market effects augur further price increases 

At the moment, all market effects augur a further increase in the price of real estate, especially second-hand residential real...

Latvia retail sales increase in February

Latvia's retail sales increased in February, led by non-food sales, figures from the Riga-based Central Statistical Bureau (CSB) showed on...

Duna Autó to sell MG cars in Hungary

Duna Autó will start selling MG cars in Hungary from Q3 2022, the car seller's importer unit Duna Motors Disztribúció...

Lithuania retail sales growth slows in February

Lithuania's retail sales growth eased to the lowest in three months in February, figures from Statistics Lithuania (LS) showed on...

Hungary to acquire ammunition from Rheinmetall

The Hungarian Defense Forces will buy a broad range of ammunition from Germany's Rheinmetall group, the government commissioner for defense...

HUF 77 bln in Green Home Program loans disbursed in Feb

Banks had concluded 2,519 loan transactions worth HUF 77 billion in the National Bank of Hungary's Green Home Program by...

CPI Hungary, Energo Hungary join forces for Earth Hour

Earth Hour, initiated by WWF, was joined by Budapest real estate portfolio owner CPI Hungary and new user-focused energy market...

Kravtex-Kühne inaugurates HUF 2 bln expansion 

Hungary's Kravtex-Kühne group inaugurated a HUF 2 billion expansion at its bus plant in Mosonmagyaróvár (160 km northwest of Budapest),...

Rheinmetall inaugurates Lynx IFV factory in Zalaegerszeg

German defense industry company Rheinmetall and the state of Hungary on Saturday inaugurated a factory building where production of Lynx...

Gebrüder Weiss Hungary turnover climbs 20% in 2021

Revenue of the local unit of Austrian logistics company Gebrüder Weiss rose 20% to HUF 28.7 billion last year, the...

Unemployment rate at 3.8% in February

In February 2022, the number of unemployed was 185,000 and the unemployment rate was 3.8%, according to data released by...

Wizz Air launches new flights from Hévíz and Debrecen

Discount airline Wizz Air announced the addition of three new flights from Hungary to its portfolio from June 2022....