Business

Transport

Volánbusz fleet adding 164 new CNG buses

A total of 164 new compressed natural gas (CNG) buses will expand the Volánbusz fleet this year, 39 of which...

Retail

Online retail sales up 32% last year

Online retail sales in Hungary increased 32% to HUF 1.203 trillion last year, according to research by GKI Digital and...

HR

Number of jobseekers down by 800 in March

The number of registered jobseekers in Hungary reached 251,297 in March, 811 fewer than in the previous month, state news...

Deals

Hungary closes acquisition of 45% stake in VIG-Aegon tie-up

The state of Hungary has closed the acquisition of a 45% stake in the local businesses of Vienna Insurance Group...

Interview

‘China’s Market is Huge: Whenever They Want Something, They Want a lot of It’

Csaba Wolf is vice-president of ChinaCham, the Hungarian-Chinese Chamber of Economy. He studied at the International Politics faculty, Beijing University...

Telco

Free to do Business in Hungary, Huawei Looks for More Speed, Less Energy

During the administration of U.S. President Donald Trump, Chinese technology companies were regarded as a risk potential to Western economies;...

Manufacturing

Moldova industrial output quickens on year in January

Industrial production in Moldova advanced by 13.7% year-on-year in January, following an 11.4% increase in the previous month, economic portal...

Office Market

Skanska launches outdoor art design tender for H2Offices

Skanska has launched a design tender for the creation of an outdoor piece of art, which will be placed in...

Manufacturing

Lithuania’s Feb industrial production up on year

Lithuania's industrial production rose a working-day adjusted 20.3% year-on-year in February, figures from Statistics Lithuania (LS) showed on Wednesday....

Deals

Indotek to acquire 47% stake in Auchan holdings in Hungary

Hungarian property developer Indotek has agreed to acquire a 47% stake in the local units of Elo, the holding company...

Retail

Spar revenue rises more than 7% in 2021

Revenue of the Hungarian unit of supermarket chain Spar rose 7.2% to HUF 791.8 billion in 2021, Spar Magyarorszag managing...

Retail

Revamped Gobuda Mall’s gradual opening begins

Gobuda Mall, formerly known as EuroCenter, is gradually opening for visitors starting today, following 10 months of extensive renovations, developer...

HR

Integration of BSS new joiners more efficient than before

Tailor-made knowledge-sharing programs answer the growing demand for outsourcing this resource-intensive part of the onboarding process....

Manufacturing

MOL unit lays cornerstone of HUF 65 bln propylene plant

Mol Petrolkémiai, a unit of oil and gas company MOL, laid the cornerstone of a HUF 65bn propylene plant in...

Telco

Magyar Telekom board proposes HUF 15 bln dividend

The board of Magyar Telekom (MTel) will propose to shareholders payment of a HUF 15 billion dividend on last year's...

Transport

Volánbusz fleet adding 164 new CNG buses

A total of 164 new compressed natural gas (CNG) buses will expand the Volánbusz fleet this year, 39 of which...

Retail

Online retail sales up 32% last year

Online retail sales in Hungary increased 32% to HUF 1.203 trillion last year, according to research by GKI Digital and...

HR

Number of jobseekers down by 800 in March

The number of registered jobseekers in Hungary reached 251,297 in March, 811 fewer than in the previous month, state news...

Deals

Hungary closes acquisition of 45% stake in VIG-Aegon tie-up

The state of Hungary has closed the acquisition of a 45% stake in the local businesses of Vienna Insurance Group...

Interview

‘China’s Market is Huge: Whenever They Want Something, They Want a lot of It’

Csaba Wolf is vice-president of ChinaCham, the Hungarian-Chinese Chamber of Economy. He studied at the International Politics faculty, Beijing University...

Telco

Free to do Business in Hungary, Huawei Looks for More Speed, Less Energy

During the administration of U.S. President Donald Trump, Chinese technology companies were regarded as a risk potential to Western economies;...

Manufacturing

Moldova industrial output quickens on year in January

Industrial production in Moldova advanced by 13.7% year-on-year in January, following an 11.4% increase in the previous month, economic portal...

Office Market

Skanska launches outdoor art design tender for H2Offices

Skanska has launched a design tender for the creation of an outdoor piece of art, which will be placed in...

Manufacturing

Lithuania’s Feb industrial production up on year

Lithuania's industrial production rose a working-day adjusted 20.3% year-on-year in February, figures from Statistics Lithuania (LS) showed on Wednesday....

Deals

Indotek to acquire 47% stake in Auchan holdings in Hungary

Hungarian property developer Indotek has agreed to acquire a 47% stake in the local units of Elo, the holding company...

Retail

Spar revenue rises more than 7% in 2021

Revenue of the Hungarian unit of supermarket chain Spar rose 7.2% to HUF 791.8 billion in 2021, Spar Magyarorszag managing...

Retail

Revamped Gobuda Mall’s gradual opening begins

Gobuda Mall, formerly known as EuroCenter, is gradually opening for visitors starting today, following 10 months of extensive renovations, developer...

HR

Integration of BSS new joiners more efficient than before

Tailor-made knowledge-sharing programs answer the growing demand for outsourcing this resource-intensive part of the onboarding process....

Manufacturing

MOL unit lays cornerstone of HUF 65 bln propylene plant

Mol Petrolkémiai, a unit of oil and gas company MOL, laid the cornerstone of a HUF 65bn propylene plant in...

Telco

Magyar Telekom board proposes HUF 15 bln dividend

The board of Magyar Telekom (MTel) will propose to shareholders payment of a HUF 15 billion dividend on last year's...

Volánbusz fleet adding 164 new CNG buses

A total of 164 new compressed natural gas (CNG) buses will expand the Volánbusz fleet this year, 39 of which...

Online retail sales up 32% last year

Online retail sales in Hungary increased 32% to HUF 1.203 trillion last year, according to research by GKI Digital and...

Number of jobseekers down by 800 in March

The number of registered jobseekers in Hungary reached 251,297 in March, 811 fewer than in the previous month, state news...

Hungary closes acquisition of 45% stake in VIG-Aegon tie-up

The state of Hungary has closed the acquisition of a 45% stake in the local businesses of Vienna Insurance Group...

‘China’s Market is Huge: Whenever They Want Something, They Want a lot of It’

Csaba Wolf is vice-president of ChinaCham, the Hungarian-Chinese Chamber of Economy. He studied at the International Politics faculty, Beijing University...

Free to do Business in Hungary, Huawei Looks for More Speed, Less Energy

During the administration of U.S. President Donald Trump, Chinese technology companies were regarded as a risk potential to Western economies;...

Moldova industrial output quickens on year in January

Industrial production in Moldova advanced by 13.7% year-on-year in January, following an 11.4% increase in the previous month, economic portal...

Skanska launches outdoor art design tender for H2Offices

Skanska has launched a design tender for the creation of an outdoor piece of art, which will be placed in...

Lithuania’s Feb industrial production up on year

Lithuania's industrial production rose a working-day adjusted 20.3% year-on-year in February, figures from Statistics Lithuania (LS) showed on Wednesday....

Indotek to acquire 47% stake in Auchan holdings in Hungary

Hungarian property developer Indotek has agreed to acquire a 47% stake in the local units of Elo, the holding company...

Spar revenue rises more than 7% in 2021

Revenue of the Hungarian unit of supermarket chain Spar rose 7.2% to HUF 791.8 billion in 2021, Spar Magyarorszag managing...

Revamped Gobuda Mall’s gradual opening begins

Gobuda Mall, formerly known as EuroCenter, is gradually opening for visitors starting today, following 10 months of extensive renovations, developer...

Integration of BSS new joiners more efficient than before

Tailor-made knowledge-sharing programs answer the growing demand for outsourcing this resource-intensive part of the onboarding process....

MOL unit lays cornerstone of HUF 65 bln propylene plant

Mol Petrolkémiai, a unit of oil and gas company MOL, laid the cornerstone of a HUF 65bn propylene plant in...

Magyar Telekom board proposes HUF 15 bln dividend

The board of Magyar Telekom (MTel) will propose to shareholders payment of a HUF 15 billion dividend on last year's...