Business

Fintech

Matolcsy backs giving central banks ‘full authority’ to issue CBDCs

National Bank of Hungary (MNB) governor György Matolcsy voiced his support for giving all central banks full authority to issue...

Retail

Czech retail sales growth improves in January

The Czech retail sales grew at a faster pace in January after easing in the previous month, data from the...

Automotive

Automotive manufacturing output up 6.8%

The output of automotive manufacturing, the most significant segment of Hungary's industrial sector, rose 6.8% year-on-year in January, after six...

Transport

Ferenc Liszt Int’l passenger traffic up 1,000% y.o.y. in February

According to traffic figures released by Ferenc Liszt International Airport operator Budapest Airport, some 620,199 passengers used Hungary's largest airport...

Fintech

Value of bank card purchases rises nearly 26% in Q4

The value of purchases in Hungary made with locally-issued bank cards climbed 25.8% year-on-year to HUF 2.719 trillion in the...

Construction

Construction output volume up 3.3% y.o.y. in January

The volume of construction output in January 2022 surpassed the previous year’s level by 3.3% according to raw data released...

Pharma

Richter, AbbVie partner to develop new dopamine receptor modulators

Hungarian pharmaceutical company Gedeon Richter announced a collaboration with U.S. peer AbbVie to develop new dopamine receptor modulators that could...

Manufacturing

Schott to spend HUF 28 bln on Lukácsháza base expansion

The Hungarian unit of German company Schott, which makes specialty glass products, plans to spend HUF 28 billion to expand...

HR

Hungary had fastest employment growth in EU

The number of employed in Hungary increased by 1.2% from the third quarter of last year to the fourth, which...

Transport

Volánbusz acquires 164 CNG buses for HUF 15 bln

Volánbusz will put 164 compressed natural gas-fueled buses, acquired at a cost of HUF 15 billion, into service this year,...

Automotive

Mercedes-Benz cuts shift in Hungary as deliveries from Ukraine stop

German carmaker Mercedes-Benz is reducing the number of shifts in some areas of its plant in Kecskemét from three to...

Interview

Market Talk: ‘Radically Different’ tax System Making Good Digital Progress

Károly Radnai, the managing partner of Andersen in Hungary, and András Szalai, CEO and managing partner of Process Solutions, are...

Pharma

Richter board proposes HUF 225-per-share dividend

The board of pharmaceutical company Gedeon Richter will propose to shareholders payment of a HUF 225-per-share dividend on last year's...

Transport

Shell introduces HUF 25,000 top-up limit at 106 gas stations

Shell Hungary has introduced a HUF 25,000 top-up limit at 106 gas stations with low-pressure pumps in Hungary, according to...

Transport

Freight volume climbs almost 8% in Q4

Freight volume in Hungary rose 7.8% year-on-year to 75.8 million tonnes in the fourth quarter, state news wire MTI reports,...

Fintech

Matolcsy backs giving central banks ‘full authority’ to issue CBDCs

National Bank of Hungary (MNB) governor György Matolcsy voiced his support for giving all central banks full authority to issue...

Retail

Czech retail sales growth improves in January

The Czech retail sales grew at a faster pace in January after easing in the previous month, data from the...

Automotive

Automotive manufacturing output up 6.8%

The output of automotive manufacturing, the most significant segment of Hungary's industrial sector, rose 6.8% year-on-year in January, after six...

Transport

Ferenc Liszt Int’l passenger traffic up 1,000% y.o.y. in February

According to traffic figures released by Ferenc Liszt International Airport operator Budapest Airport, some 620,199 passengers used Hungary's largest airport...

Fintech

Value of bank card purchases rises nearly 26% in Q4

The value of purchases in Hungary made with locally-issued bank cards climbed 25.8% year-on-year to HUF 2.719 trillion in the...

Construction

Construction output volume up 3.3% y.o.y. in January

The volume of construction output in January 2022 surpassed the previous year’s level by 3.3% according to raw data released...

Pharma

Richter, AbbVie partner to develop new dopamine receptor modulators

Hungarian pharmaceutical company Gedeon Richter announced a collaboration with U.S. peer AbbVie to develop new dopamine receptor modulators that could...

Manufacturing

Schott to spend HUF 28 bln on Lukácsháza base expansion

The Hungarian unit of German company Schott, which makes specialty glass products, plans to spend HUF 28 billion to expand...

HR

Hungary had fastest employment growth in EU

The number of employed in Hungary increased by 1.2% from the third quarter of last year to the fourth, which...

Transport

Volánbusz acquires 164 CNG buses for HUF 15 bln

Volánbusz will put 164 compressed natural gas-fueled buses, acquired at a cost of HUF 15 billion, into service this year,...

Automotive

Mercedes-Benz cuts shift in Hungary as deliveries from Ukraine stop

German carmaker Mercedes-Benz is reducing the number of shifts in some areas of its plant in Kecskemét from three to...

Interview

Market Talk: ‘Radically Different’ tax System Making Good Digital Progress

Károly Radnai, the managing partner of Andersen in Hungary, and András Szalai, CEO and managing partner of Process Solutions, are...

Pharma

Richter board proposes HUF 225-per-share dividend

The board of pharmaceutical company Gedeon Richter will propose to shareholders payment of a HUF 225-per-share dividend on last year's...

Transport

Shell introduces HUF 25,000 top-up limit at 106 gas stations

Shell Hungary has introduced a HUF 25,000 top-up limit at 106 gas stations with low-pressure pumps in Hungary, according to...

Transport

Freight volume climbs almost 8% in Q4

Freight volume in Hungary rose 7.8% year-on-year to 75.8 million tonnes in the fourth quarter, state news wire MTI reports,...

Matolcsy backs giving central banks ‘full authority’ to issue CBDCs

National Bank of Hungary (MNB) governor György Matolcsy voiced his support for giving all central banks full authority to issue...

Czech retail sales growth improves in January

The Czech retail sales grew at a faster pace in January after easing in the previous month, data from the...

Automotive manufacturing output up 6.8%

The output of automotive manufacturing, the most significant segment of Hungary's industrial sector, rose 6.8% year-on-year in January, after six...

Ferenc Liszt Int’l passenger traffic up 1,000% y.o.y. in February

According to traffic figures released by Ferenc Liszt International Airport operator Budapest Airport, some 620,199 passengers used Hungary's largest airport...

Value of bank card purchases rises nearly 26% in Q4

The value of purchases in Hungary made with locally-issued bank cards climbed 25.8% year-on-year to HUF 2.719 trillion in the...

Construction output volume up 3.3% y.o.y. in January

The volume of construction output in January 2022 surpassed the previous year’s level by 3.3% according to raw data released...

Richter, AbbVie partner to develop new dopamine receptor modulators

Hungarian pharmaceutical company Gedeon Richter announced a collaboration with U.S. peer AbbVie to develop new dopamine receptor modulators that could...

Schott to spend HUF 28 bln on Lukácsháza base expansion

The Hungarian unit of German company Schott, which makes specialty glass products, plans to spend HUF 28 billion to expand...

Hungary had fastest employment growth in EU

The number of employed in Hungary increased by 1.2% from the third quarter of last year to the fourth, which...

Volánbusz acquires 164 CNG buses for HUF 15 bln

Volánbusz will put 164 compressed natural gas-fueled buses, acquired at a cost of HUF 15 billion, into service this year,...

Mercedes-Benz cuts shift in Hungary as deliveries from Ukraine stop

German carmaker Mercedes-Benz is reducing the number of shifts in some areas of its plant in Kecskemét from three to...

Market Talk: ‘Radically Different’ tax System Making Good Digital Progress

Károly Radnai, the managing partner of Andersen in Hungary, and András Szalai, CEO and managing partner of Process Solutions, are...

Richter board proposes HUF 225-per-share dividend

The board of pharmaceutical company Gedeon Richter will propose to shareholders payment of a HUF 225-per-share dividend on last year's...

Shell introduces HUF 25,000 top-up limit at 106 gas stations

Shell Hungary has introduced a HUF 25,000 top-up limit at 106 gas stations with low-pressure pumps in Hungary, according to...

Freight volume climbs almost 8% in Q4

Freight volume in Hungary rose 7.8% year-on-year to 75.8 million tonnes in the fourth quarter, state news wire MTI reports,...