Business

Office Market

Nordic Light Trio gets WELL Gold Certification

Nordic Light Trio, Skanska’s development in the heart of the Váci office hub became the first office building for Skanska...

Manufacturing

Slovak industrial output slumps in September

Slovakia's industrial production shrank by 4.9% year-on-year in September, following a 0.8% rise in the previous month, figures released by...

Retail

43% of webshops saw turnover increase during pandemic

Some 43% of the webstores operating in Hungary reported a turnover increase during the coronavirus pandemic, and just 12% posted...

Logistics

Furniture1, Karzol-Trans become HelloParks Maglód’s latest tenants

Furniture1, one of the largest online furniture stores in Hungary, and logistics company Karzol-Trans logistic company are the latest tenants...

Automotive

AutoWallis raises HUF 10 bln in public share offering

AutoWallis has raised HUF 10 billion in a public share offering closed on November 9, the listed car seller said...

Telco

MTel sales rise, but financial loss weighs on bottom line

Third-quarter revenue of Magyar Telekom rose and margins improved, but a bigger financial loss caused net income to fall, state...

Office Market

BudaPart Gate sold to S IMMO AG

The 20,000 sqm BudaPart Gate office building was sold in full by Market Építő to Vienna-based S IMMO AG for...

Residential

Cordia to build 366 more rental apartments in the U.K.

Hungary-based developer Cordia is continuing its expansion in the U.K. residential property market: its local subsidiary is building a complex...

Retail

Romania retail sales slows in September

Retail sales in Romania rose by 8.4% year-on-year in September, after a downwardly revised 11.3% growth in the previous month,...

Manufacturing

Nestlé launches HUF 35 bln expansion at pet food plant

Nestlé Hungária on Monday announced the launch of a HUF 35 billion upgrade and expansion at its pet food plant...

Retail

Czech retail sales growth eases in September

The Czech retail sales accelerated 3.4% year-on-year in September, after a 4.6% growth in August, data from the Prague-based Statistical...

Transport

1,600 km of bike paths developed in Hungary

So far, 1,600 kilometers of such development have been implemented in Hungary this year, Minister for Innovation and Technology László...

Transport

Romania to buy 37 electric trains from Alstom

Italy-based Alstom Ferroviaria SpA on Thursday won the tender to deliver 37 new electric trains for passenger transport kin Romania,...

Ecosystem

Leanpay raises series A round from Lead Ventures

Budapest-based Lead Ventures is set to provide Slovenian BNPL scaleup Leanpay, a company that provides instant installment payment solutions in...

Pharma

Richter Q3 earnings climb on higher sales, financial gain

Third-quarter net income of Hungarian pharmaceuticals company Gedeon Richter rose 69.2% year-on-year to HUF 38.2 billion, boosted by higher sales...

Office Market

Nordic Light Trio gets WELL Gold Certification

Nordic Light Trio, Skanska’s development in the heart of the Váci office hub became the first office building for Skanska...

Manufacturing

Slovak industrial output slumps in September

Slovakia's industrial production shrank by 4.9% year-on-year in September, following a 0.8% rise in the previous month, figures released by...

Retail

43% of webshops saw turnover increase during pandemic

Some 43% of the webstores operating in Hungary reported a turnover increase during the coronavirus pandemic, and just 12% posted...

Logistics

Furniture1, Karzol-Trans become HelloParks Maglód’s latest tenants

Furniture1, one of the largest online furniture stores in Hungary, and logistics company Karzol-Trans logistic company are the latest tenants...

Automotive

AutoWallis raises HUF 10 bln in public share offering

AutoWallis has raised HUF 10 billion in a public share offering closed on November 9, the listed car seller said...

Telco

MTel sales rise, but financial loss weighs on bottom line

Third-quarter revenue of Magyar Telekom rose and margins improved, but a bigger financial loss caused net income to fall, state...

Office Market

BudaPart Gate sold to S IMMO AG

The 20,000 sqm BudaPart Gate office building was sold in full by Market Építő to Vienna-based S IMMO AG for...

Residential

Cordia to build 366 more rental apartments in the U.K.

Hungary-based developer Cordia is continuing its expansion in the U.K. residential property market: its local subsidiary is building a complex...

Retail

Romania retail sales slows in September

Retail sales in Romania rose by 8.4% year-on-year in September, after a downwardly revised 11.3% growth in the previous month,...

Manufacturing

Nestlé launches HUF 35 bln expansion at pet food plant

Nestlé Hungária on Monday announced the launch of a HUF 35 billion upgrade and expansion at its pet food plant...

Retail

Czech retail sales growth eases in September

The Czech retail sales accelerated 3.4% year-on-year in September, after a 4.6% growth in August, data from the Prague-based Statistical...

Transport

1,600 km of bike paths developed in Hungary

So far, 1,600 kilometers of such development have been implemented in Hungary this year, Minister for Innovation and Technology László...

Transport

Romania to buy 37 electric trains from Alstom

Italy-based Alstom Ferroviaria SpA on Thursday won the tender to deliver 37 new electric trains for passenger transport kin Romania,...

Ecosystem

Leanpay raises series A round from Lead Ventures

Budapest-based Lead Ventures is set to provide Slovenian BNPL scaleup Leanpay, a company that provides instant installment payment solutions in...

Pharma

Richter Q3 earnings climb on higher sales, financial gain

Third-quarter net income of Hungarian pharmaceuticals company Gedeon Richter rose 69.2% year-on-year to HUF 38.2 billion, boosted by higher sales...

Nordic Light Trio gets WELL Gold Certification

Nordic Light Trio, Skanska’s development in the heart of the Váci office hub became the first office building for Skanska...

Slovak industrial output slumps in September

Slovakia's industrial production shrank by 4.9% year-on-year in September, following a 0.8% rise in the previous month, figures released by...

43% of webshops saw turnover increase during pandemic

Some 43% of the webstores operating in Hungary reported a turnover increase during the coronavirus pandemic, and just 12% posted...

Furniture1, Karzol-Trans become HelloParks Maglód’s latest tenants

Furniture1, one of the largest online furniture stores in Hungary, and logistics company Karzol-Trans logistic company are the latest tenants...

AutoWallis raises HUF 10 bln in public share offering

AutoWallis has raised HUF 10 billion in a public share offering closed on November 9, the listed car seller said...

MTel sales rise, but financial loss weighs on bottom line

Third-quarter revenue of Magyar Telekom rose and margins improved, but a bigger financial loss caused net income to fall, state...

BudaPart Gate sold to S IMMO AG

The 20,000 sqm BudaPart Gate office building was sold in full by Market Építő to Vienna-based S IMMO AG for...

Cordia to build 366 more rental apartments in the U.K.

Hungary-based developer Cordia is continuing its expansion in the U.K. residential property market: its local subsidiary is building a complex...

Romania retail sales slows in September

Retail sales in Romania rose by 8.4% year-on-year in September, after a downwardly revised 11.3% growth in the previous month,...

Nestlé launches HUF 35 bln expansion at pet food plant

Nestlé Hungária on Monday announced the launch of a HUF 35 billion upgrade and expansion at its pet food plant...

Czech retail sales growth eases in September

The Czech retail sales accelerated 3.4% year-on-year in September, after a 4.6% growth in August, data from the Prague-based Statistical...

1,600 km of bike paths developed in Hungary

So far, 1,600 kilometers of such development have been implemented in Hungary this year, Minister for Innovation and Technology László...

Romania to buy 37 electric trains from Alstom

Italy-based Alstom Ferroviaria SpA on Thursday won the tender to deliver 37 new electric trains for passenger transport kin Romania,...

Leanpay raises series A round from Lead Ventures

Budapest-based Lead Ventures is set to provide Slovenian BNPL scaleup Leanpay, a company that provides instant installment payment solutions in...

Richter Q3 earnings climb on higher sales, financial gain

Third-quarter net income of Hungarian pharmaceuticals company Gedeon Richter rose 69.2% year-on-year to HUF 38.2 billion, boosted by higher sales...