Business

Appointments

New partner announced at act Bán & Karika Attorneys at Law

Péter Weidinger became a new partner at act Bán & Karika Attorneys at Law as of January 2022, according to...

Retail

IKEA Hungary sales climb almost 12%

Sales in Hungary of Swedish home furnishings giant IKEA rose almost 12% to HUF 109 billion in its business year...

Retail

Supermarket chains cut prices in Poland following VAT suspension

Lidl and Aldi have become the first supermarket chains in Poland to announce that they will lower the prices of...

Transport

Ferenc Liszt Int’l handled 4.6 mln passengers in 2021

In 2021, Ferenc Liszt International Airport handled a total of 4,622,882 passengers, approximately 20% more than in 2020 but still...

Science

Omicron variant responsible for 87% of new COVID infections

The Omicron variant of the coronavirus is responsible for 87% of new infections in Hungary with the Delta variant responsible...

Automotive

Importers project increase in new car registrations

The Hungarian Association of Vehicle Importers (MGE) projects new passenger auto registrations will edge up to 125,000 this year from...

Incubators

Applications open for CEU InnovationsLab startup program

The applications for the CEU InnovationsLab (CEU iLab) startup program, which offers six months of mentoring, a coworking office in...

Deals

State to acquire 51% stake in Debrecen airport operator

Hungary's state will acquire a 51% stake in the company operating Debrecen International Airport under a government decision, state secretary...

Retail

Auchan to spend HUF 3.2 bln on raising wages this year

The local unit of French supermarket chain Auchan and retail workers' union KASZ agreed on raising wages this year, Auchan...

Deals

MOL exercises call options for over 74 mln shares

Hungarian oil and gas company MOL on Tuesday said it will exercise call options for a combined 74,138,899 of its...

Retail

Share of e-commerce grew 35% in 2019-2020 

The share of e-commerce in Hungary has grown dynamically in the last decade, according to profitline.hu....

Manufacturing

Masterplast projects marked sales, profit growth

Hungary's Masterplast, a listed company that makes building materials and textiles used to make personal protective equipment, projects annual sales...

Sustainability

CPI Property Group issues sustainability-linked bonds

CPI Property Group (CPIPG) has become the first real estate company from the CEE region to issue sustainability-linked bonds, according...

Fintech

MNB doubles down on Revolut position

The National Bank of Hungary (MNB) on Tuesday reiterated its stand on fintech company Revolut's cross-border banking services in Hungary,...

Transport

MÁV-Volán management, union reps agree on pay rise

The management of state-owned railway and bus group MÁV-Volán have reached an agreement with union representatives that will raise base...

Appointments

New partner announced at act Bán & Karika Attorneys at Law

Péter Weidinger became a new partner at act Bán & Karika Attorneys at Law as of January 2022, according to...

Retail

IKEA Hungary sales climb almost 12%

Sales in Hungary of Swedish home furnishings giant IKEA rose almost 12% to HUF 109 billion in its business year...

Retail

Supermarket chains cut prices in Poland following VAT suspension

Lidl and Aldi have become the first supermarket chains in Poland to announce that they will lower the prices of...

Transport

Ferenc Liszt Int’l handled 4.6 mln passengers in 2021

In 2021, Ferenc Liszt International Airport handled a total of 4,622,882 passengers, approximately 20% more than in 2020 but still...

Science

Omicron variant responsible for 87% of new COVID infections

The Omicron variant of the coronavirus is responsible for 87% of new infections in Hungary with the Delta variant responsible...

Automotive

Importers project increase in new car registrations

The Hungarian Association of Vehicle Importers (MGE) projects new passenger auto registrations will edge up to 125,000 this year from...

Incubators

Applications open for CEU InnovationsLab startup program

The applications for the CEU InnovationsLab (CEU iLab) startup program, which offers six months of mentoring, a coworking office in...

Deals

State to acquire 51% stake in Debrecen airport operator

Hungary's state will acquire a 51% stake in the company operating Debrecen International Airport under a government decision, state secretary...

Retail

Auchan to spend HUF 3.2 bln on raising wages this year

The local unit of French supermarket chain Auchan and retail workers' union KASZ agreed on raising wages this year, Auchan...

Deals

MOL exercises call options for over 74 mln shares

Hungarian oil and gas company MOL on Tuesday said it will exercise call options for a combined 74,138,899 of its...

Retail

Share of e-commerce grew 35% in 2019-2020 

The share of e-commerce in Hungary has grown dynamically in the last decade, according to profitline.hu....

Manufacturing

Masterplast projects marked sales, profit growth

Hungary's Masterplast, a listed company that makes building materials and textiles used to make personal protective equipment, projects annual sales...

Sustainability

CPI Property Group issues sustainability-linked bonds

CPI Property Group (CPIPG) has become the first real estate company from the CEE region to issue sustainability-linked bonds, according...

Fintech

MNB doubles down on Revolut position

The National Bank of Hungary (MNB) on Tuesday reiterated its stand on fintech company Revolut's cross-border banking services in Hungary,...

Transport

MÁV-Volán management, union reps agree on pay rise

The management of state-owned railway and bus group MÁV-Volán have reached an agreement with union representatives that will raise base...

New partner announced at act Bán & Karika Attorneys at Law

Péter Weidinger became a new partner at act Bán & Karika Attorneys at Law as of January 2022, according to...

IKEA Hungary sales climb almost 12%

Sales in Hungary of Swedish home furnishings giant IKEA rose almost 12% to HUF 109 billion in its business year...

Supermarket chains cut prices in Poland following VAT suspension

Lidl and Aldi have become the first supermarket chains in Poland to announce that they will lower the prices of...

Ferenc Liszt Int’l handled 4.6 mln passengers in 2021

In 2021, Ferenc Liszt International Airport handled a total of 4,622,882 passengers, approximately 20% more than in 2020 but still...

Omicron variant responsible for 87% of new COVID infections

The Omicron variant of the coronavirus is responsible for 87% of new infections in Hungary with the Delta variant responsible...

Importers project increase in new car registrations

The Hungarian Association of Vehicle Importers (MGE) projects new passenger auto registrations will edge up to 125,000 this year from...

Applications open for CEU InnovationsLab startup program

The applications for the CEU InnovationsLab (CEU iLab) startup program, which offers six months of mentoring, a coworking office in...

State to acquire 51% stake in Debrecen airport operator

Hungary's state will acquire a 51% stake in the company operating Debrecen International Airport under a government decision, state secretary...

Auchan to spend HUF 3.2 bln on raising wages this year

The local unit of French supermarket chain Auchan and retail workers' union KASZ agreed on raising wages this year, Auchan...

MOL exercises call options for over 74 mln shares

Hungarian oil and gas company MOL on Tuesday said it will exercise call options for a combined 74,138,899 of its...

Share of e-commerce grew 35% in 2019-2020 

The share of e-commerce in Hungary has grown dynamically in the last decade, according to profitline.hu....

Masterplast projects marked sales, profit growth

Hungary's Masterplast, a listed company that makes building materials and textiles used to make personal protective equipment, projects annual sales...

CPI Property Group issues sustainability-linked bonds

CPI Property Group (CPIPG) has become the first real estate company from the CEE region to issue sustainability-linked bonds, according...

MNB doubles down on Revolut position

The National Bank of Hungary (MNB) on Tuesday reiterated its stand on fintech company Revolut's cross-border banking services in Hungary,...

MÁV-Volán management, union reps agree on pay rise

The management of state-owned railway and bus group MÁV-Volán have reached an agreement with union representatives that will raise base...