Business

Appointments

Zsolt Barna appointed CEO of Hungarian Bankholding

From January 1, Zsolt Barna will manage Hungarian Bankholding as chairman and CEO, according to a press release sent to...

Transport

Budapest Airport spends millions of HUF on donations in 2021

Budapest Airport was preparing to hold its annual Christmas party again this year, but due to the new wave of...

Construction

GVH makes proposals to address distortions on wood market

Hungary's Competition Office (GVH) on Wednesday said it made proposals to address market distortions based on the results of a...

Office Market

Union Investment purchases Szervita Square Building

The commercial part of Horizon Development’s LEED Platinum certified premium mixed-use property Szervita Square Building was purchased by Union Investment...

Fintech

NFT auction: 1st ever SMS generates EUR 107.000 to support refugees

The world's first SMS was immortalized as a Non Fungible Token (NFT) and sold at an auction in Paris, fetching...

Residential

Home rental rates in Hungary up 11% y.o.y. in November

Home rental rates in Hungary rose 11% year-on-year in November, climbing for the sixth month in a row after falling...

Transport

Tungsram sets up aircraft engine parts repair unit

Hungarian lighting company Tungsram on Tuesday announced the establishment of a unit to repair aircraft engine parts, according to a...

Residential

Apartment price rise in Budapest since 2013 the fastest in CEE

The price per square meter of newly-built apartments in Budapest has doubled since 2013, meaning that the capital recorded the...

Science

More Omicron cases detected in Hungary

A total of 15 cases of the Omicron variant of the coronavirus have been detected by Hungary's National Public Health...

Manufacturing

Ganz makes transformers for Acciona Energía’s renewable project

Domestically owned Ganz Transformers and Electric Rotating Machines Ltd. has successfully participated in another significant international tender, manufacturing two 50...

Transport

Budapest Airport signs EUR 325 mln green financing deal

Budapest Airport Zrt. has concluded its first ESG-based financing agreement, i.e. one that is responsible from an environmental, social, and...

Sustainability

Immofinanz to reach emission-free status by 2040

Commercial real estate company Immofinanz is looking to become emission-free along its entire value chain by 2040, according to goals...

Interview

OTP global markets going from strength to strength

In 2020, OTP Bank adopted a new approach to its regional strategy when it integrated its investment, markets (formerly treasury),...

Inside View

Ups and downs with the global economy

2021 has been an extraordinary year, but lawyers, working from their offices or home, hybrid, have been busy, despite or...

Retail

Porsche Hungaria sells 29,000 vehicles in 2021

Vehicle importer Porsche Hungaria Kereskedelmi, a member of the Volkswagen group, sold 29,000 vehicles in 2021, CEO Balázs Németh said...

Appointments

Zsolt Barna appointed CEO of Hungarian Bankholding

From January 1, Zsolt Barna will manage Hungarian Bankholding as chairman and CEO, according to a press release sent to...

Transport

Budapest Airport spends millions of HUF on donations in 2021

Budapest Airport was preparing to hold its annual Christmas party again this year, but due to the new wave of...

Construction

GVH makes proposals to address distortions on wood market

Hungary's Competition Office (GVH) on Wednesday said it made proposals to address market distortions based on the results of a...

Office Market

Union Investment purchases Szervita Square Building

The commercial part of Horizon Development’s LEED Platinum certified premium mixed-use property Szervita Square Building was purchased by Union Investment...

Fintech

NFT auction: 1st ever SMS generates EUR 107.000 to support refugees

The world's first SMS was immortalized as a Non Fungible Token (NFT) and sold at an auction in Paris, fetching...

Residential

Home rental rates in Hungary up 11% y.o.y. in November

Home rental rates in Hungary rose 11% year-on-year in November, climbing for the sixth month in a row after falling...

Transport

Tungsram sets up aircraft engine parts repair unit

Hungarian lighting company Tungsram on Tuesday announced the establishment of a unit to repair aircraft engine parts, according to a...

Residential

Apartment price rise in Budapest since 2013 the fastest in CEE

The price per square meter of newly-built apartments in Budapest has doubled since 2013, meaning that the capital recorded the...

Science

More Omicron cases detected in Hungary

A total of 15 cases of the Omicron variant of the coronavirus have been detected by Hungary's National Public Health...

Manufacturing

Ganz makes transformers for Acciona Energía’s renewable project

Domestically owned Ganz Transformers and Electric Rotating Machines Ltd. has successfully participated in another significant international tender, manufacturing two 50...

Transport

Budapest Airport signs EUR 325 mln green financing deal

Budapest Airport Zrt. has concluded its first ESG-based financing agreement, i.e. one that is responsible from an environmental, social, and...

Sustainability

Immofinanz to reach emission-free status by 2040

Commercial real estate company Immofinanz is looking to become emission-free along its entire value chain by 2040, according to goals...

Interview

OTP global markets going from strength to strength

In 2020, OTP Bank adopted a new approach to its regional strategy when it integrated its investment, markets (formerly treasury),...

Inside View

Ups and downs with the global economy

2021 has been an extraordinary year, but lawyers, working from their offices or home, hybrid, have been busy, despite or...

Retail

Porsche Hungaria sells 29,000 vehicles in 2021

Vehicle importer Porsche Hungaria Kereskedelmi, a member of the Volkswagen group, sold 29,000 vehicles in 2021, CEO Balázs Németh said...

Zsolt Barna appointed CEO of Hungarian Bankholding

From January 1, Zsolt Barna will manage Hungarian Bankholding as chairman and CEO, according to a press release sent to...

Budapest Airport spends millions of HUF on donations in 2021

Budapest Airport was preparing to hold its annual Christmas party again this year, but due to the new wave of...

GVH makes proposals to address distortions on wood market

Hungary's Competition Office (GVH) on Wednesday said it made proposals to address market distortions based on the results of a...

Union Investment purchases Szervita Square Building

The commercial part of Horizon Development’s LEED Platinum certified premium mixed-use property Szervita Square Building was purchased by Union Investment...

NFT auction: 1st ever SMS generates EUR 107.000 to support refugees

The world's first SMS was immortalized as a Non Fungible Token (NFT) and sold at an auction in Paris, fetching...

Home rental rates in Hungary up 11% y.o.y. in November

Home rental rates in Hungary rose 11% year-on-year in November, climbing for the sixth month in a row after falling...

Tungsram sets up aircraft engine parts repair unit

Hungarian lighting company Tungsram on Tuesday announced the establishment of a unit to repair aircraft engine parts, according to a...

Apartment price rise in Budapest since 2013 the fastest in CEE

The price per square meter of newly-built apartments in Budapest has doubled since 2013, meaning that the capital recorded the...

More Omicron cases detected in Hungary

A total of 15 cases of the Omicron variant of the coronavirus have been detected by Hungary's National Public Health...

Ganz makes transformers for Acciona Energía’s renewable project

Domestically owned Ganz Transformers and Electric Rotating Machines Ltd. has successfully participated in another significant international tender, manufacturing two 50...

Budapest Airport signs EUR 325 mln green financing deal

Budapest Airport Zrt. has concluded its first ESG-based financing agreement, i.e. one that is responsible from an environmental, social, and...

Immofinanz to reach emission-free status by 2040

Commercial real estate company Immofinanz is looking to become emission-free along its entire value chain by 2040, according to goals...

OTP global markets going from strength to strength

In 2020, OTP Bank adopted a new approach to its regional strategy when it integrated its investment, markets (formerly treasury),...

Ups and downs with the global economy

2021 has been an extraordinary year, but lawyers, working from their offices or home, hybrid, have been busy, despite or...

Porsche Hungaria sells 29,000 vehicles in 2021

Vehicle importer Porsche Hungaria Kereskedelmi, a member of the Volkswagen group, sold 29,000 vehicles in 2021, CEO Balázs Németh said...