Business

Retail

GVH fines Alza.hu HUF 40 mln

Hungary's Competition Office (GVH) said it fined online retailer alza.hu and its Czech parent company HUF 40 million for putting...

Retail

Rossmann sales rise 9% in 2021

Turnover of the local unit of German drugstore chain Rossmann rose 9% to HUF 115 billion last year, Rossmann Magyarország...

Deals

ÁKK seals liquidity management agreement with Poland

Hungary's Government Debt Management Agency (ÁKK) announced a general agreement with Poland on cooperation under liquidity management in a release...

Automotive

BMW Debrecen plant development advancing on schedule

Development of BMW Group's EUR 1 billion plant in Debrecen (195 km east of Budapest) is "proceeding according to plan",...

Transport

1 mln use MÁV-Volán online platforms

More than 1 million people have already registered for the MÁV-Volán Group's online ticketing systems, the MÁV application (which includes...

Office Market

Hungary Showing Strong Investment Growth

Total investment for Hungary is expected to be in the EUR 1.4 billion-1.5 bln range for the year with most...

Sustainability

Indotek Group reduced carbon emissions by nearly 600 tonnes in 2021

In the last two years, Indotek Group, one of Hungary's leading real estate investment management groups, has launched almost 16...

Residential

OTP to buy property listings sites

OTP Group on Thursday said it will acquire three websites that will make it runner-up on the local online property...

Transport

Budapest Airport developments exceeded HUF 70 bln in past 3 years

Between 2019 and 2021, operator Budapest Airport spent more than HUF 70 billion on development projects at Ferenc Liszt International...

Deals

McKinsey acquires IncepTech, opens studio in Budapest

McKinsey has acquired Hungarian digital transformation and innovation startup IncepTech, according to a press release sent to the Budapest Business...

Deals

State moves closer to acquiring stake in VIG-Aegon tie-up

The Finance Ministry on Wednesday said the state has taken another step toward acquiring a stake in the Hungarian companies...

Retail

Jysk recruits staff for EUR 200 mln regional distribution center

Danish home furnishings retailer Jysk is recruiting to fill 300 positions at a new EUR 200 million regional distribution in...

Interview

Responsibility and awareness

"Responsibility in this sphere is definitely a keyword. Our VIP clients live their lives with a high degree of awareness,...

Deals

Schneider Electric expands range of domestic suppliers

Energy management and automation company Schneider Electric is expanding the number of suppliers in the region, including Hungary, according to...

Pharma

Pfizer delivers another shipment of COVID jabs for children

Another delivery of the Pfizer-BioNTech coronavirus vaccine for children aged 5 to 11 has arrived in Hungary, the local unit...

Retail

GVH fines Alza.hu HUF 40 mln

Hungary's Competition Office (GVH) said it fined online retailer alza.hu and its Czech parent company HUF 40 million for putting...

Retail

Rossmann sales rise 9% in 2021

Turnover of the local unit of German drugstore chain Rossmann rose 9% to HUF 115 billion last year, Rossmann Magyarország...

Deals

ÁKK seals liquidity management agreement with Poland

Hungary's Government Debt Management Agency (ÁKK) announced a general agreement with Poland on cooperation under liquidity management in a release...

Automotive

BMW Debrecen plant development advancing on schedule

Development of BMW Group's EUR 1 billion plant in Debrecen (195 km east of Budapest) is "proceeding according to plan",...

Transport

1 mln use MÁV-Volán online platforms

More than 1 million people have already registered for the MÁV-Volán Group's online ticketing systems, the MÁV application (which includes...

Office Market

Hungary Showing Strong Investment Growth

Total investment for Hungary is expected to be in the EUR 1.4 billion-1.5 bln range for the year with most...

Sustainability

Indotek Group reduced carbon emissions by nearly 600 tonnes in 2021

In the last two years, Indotek Group, one of Hungary's leading real estate investment management groups, has launched almost 16...

Residential

OTP to buy property listings sites

OTP Group on Thursday said it will acquire three websites that will make it runner-up on the local online property...

Transport

Budapest Airport developments exceeded HUF 70 bln in past 3 years

Between 2019 and 2021, operator Budapest Airport spent more than HUF 70 billion on development projects at Ferenc Liszt International...

Deals

McKinsey acquires IncepTech, opens studio in Budapest

McKinsey has acquired Hungarian digital transformation and innovation startup IncepTech, according to a press release sent to the Budapest Business...

Deals

State moves closer to acquiring stake in VIG-Aegon tie-up

The Finance Ministry on Wednesday said the state has taken another step toward acquiring a stake in the Hungarian companies...

Retail

Jysk recruits staff for EUR 200 mln regional distribution center

Danish home furnishings retailer Jysk is recruiting to fill 300 positions at a new EUR 200 million regional distribution in...

Interview

Responsibility and awareness

"Responsibility in this sphere is definitely a keyword. Our VIP clients live their lives with a high degree of awareness,...

Deals

Schneider Electric expands range of domestic suppliers

Energy management and automation company Schneider Electric is expanding the number of suppliers in the region, including Hungary, according to...

Pharma

Pfizer delivers another shipment of COVID jabs for children

Another delivery of the Pfizer-BioNTech coronavirus vaccine for children aged 5 to 11 has arrived in Hungary, the local unit...

GVH fines Alza.hu HUF 40 mln

Hungary's Competition Office (GVH) said it fined online retailer alza.hu and its Czech parent company HUF 40 million for putting...

Rossmann sales rise 9% in 2021

Turnover of the local unit of German drugstore chain Rossmann rose 9% to HUF 115 billion last year, Rossmann Magyarország...

ÁKK seals liquidity management agreement with Poland

Hungary's Government Debt Management Agency (ÁKK) announced a general agreement with Poland on cooperation under liquidity management in a release...

BMW Debrecen plant development advancing on schedule

Development of BMW Group's EUR 1 billion plant in Debrecen (195 km east of Budapest) is "proceeding according to plan",...

1 mln use MÁV-Volán online platforms

More than 1 million people have already registered for the MÁV-Volán Group's online ticketing systems, the MÁV application (which includes...

Hungary Showing Strong Investment Growth

Total investment for Hungary is expected to be in the EUR 1.4 billion-1.5 bln range for the year with most...

Indotek Group reduced carbon emissions by nearly 600 tonnes in 2021

In the last two years, Indotek Group, one of Hungary's leading real estate investment management groups, has launched almost 16...

OTP to buy property listings sites

OTP Group on Thursday said it will acquire three websites that will make it runner-up on the local online property...

Budapest Airport developments exceeded HUF 70 bln in past 3 years

Between 2019 and 2021, operator Budapest Airport spent more than HUF 70 billion on development projects at Ferenc Liszt International...

McKinsey acquires IncepTech, opens studio in Budapest

McKinsey has acquired Hungarian digital transformation and innovation startup IncepTech, according to a press release sent to the Budapest Business...

State moves closer to acquiring stake in VIG-Aegon tie-up

The Finance Ministry on Wednesday said the state has taken another step toward acquiring a stake in the Hungarian companies...

Jysk recruits staff for EUR 200 mln regional distribution center

Danish home furnishings retailer Jysk is recruiting to fill 300 positions at a new EUR 200 million regional distribution in...

Responsibility and awareness

"Responsibility in this sphere is definitely a keyword. Our VIP clients live their lives with a high degree of awareness,...

Schneider Electric expands range of domestic suppliers

Energy management and automation company Schneider Electric is expanding the number of suppliers in the region, including Hungary, according to...

Pfizer delivers another shipment of COVID jabs for children

Another delivery of the Pfizer-BioNTech coronavirus vaccine for children aged 5 to 11 has arrived in Hungary, the local unit...