Business

Residential

Home rental rates in Hungary fall 5.5% in March

Home rental rates in Hungary fell 5.5% year-on-year in March, data compiled by the Central Statistical Office (KSH) based on...

Office Market

WING selling two office buildings to GTC

Real estate company WING announced selling Winmark Ingatlanfejlesztő Kft., the sole owner of the Ericsson and the evosoft headquarters in...

Manufacturing

FrieslandCampina plans HUF 5.1 bln expansion at dairy plant

Dutch-owned FrieslandCampina Hungaria will invest HUF 5.1 billion at its dairy plant in Mátészalka (251 km east of Budapest), Minister...

Retail

Lithuania retail sales increase in March

Lithuania's retail sales increased in March, figures from the Vilnius-based Statistics Lithuania (LS) showed on Tuesday. Retail sales, excluding VAT...

Transport

Chinese logistics base to be constructed at Budapest Airport

Budapest Airport, the Chinese Henan Airport Group (the operator of Zhengzhou International Airport), and the Chinese-Hungarian business and logistics development...

Logistics

Extra 8.6 mln sqm of warehouse space needed in Europe to meet parcel delivery demand

According to a recent report from Savills, an additional 8.6 million sqm of warehouse space is required by parcel companies...

Innovation

Morgan Stanley establishing automation knowledge center

Morgan Stanley has decided to set up an automation knowledge center in Budapest, according to origo.hu....

Automotive

Magyar Suzuki Corporation sets up vaccination point

Magyar Suzuki has set up a COVID-19 vaccination point for its employees, according to a press release sent to the...

Retail

Bosnia’s Serb Republic retail sales up in March

Retail sales in Bosnia's Serb Republic rose by a real 8.8% year-on-year in March, after edging up 0.1% in February,...

Manufacturing

Arconic-Köfém celebrates 80th anniversary of foundry with special programs

Arconic-Köfém celebrates the 80th anniversary of the establishment of its foundry and rolling mill in Székesfehérvár with a wide range...

Automotive

Magyar Suzuki celebrates 30th anniversary

Carmaker Magyar Suzuki celebrated its 30th anniversary in Hungary this week, according to a press release sent to the Budapest...

Telco

Ericsson plans HUF 3 bln expansion at R&D base in Budapest

The Hungarian unit of Swedish networking and telecommunications company Ericsson plans a HUF 3 billion expansion of its R&D base...

Residential

Kádár cubes remain popular

There are about 800,000 cube houses in Hungary, one in four Hungarians lives in one, and the majority of the...

Deals

Masterplast gets HUF 4.46 bln state PPE order

Listed building materials maker Masterplast on Monday said it was awarded a HUF 4.46 billion contract from Hungary's National Hospitals...

Automotive

Audi workers to get HUF 350,000 COVID bonus

Workers at the Hungarian unit of German automaker Audi will get a gross HUF 350,000 "COVID bonus" for what management...

Residential

Home rental rates in Hungary fall 5.5% in March

Home rental rates in Hungary fell 5.5% year-on-year in March, data compiled by the Central Statistical Office (KSH) based on...

Office Market

WING selling two office buildings to GTC

Real estate company WING announced selling Winmark Ingatlanfejlesztő Kft., the sole owner of the Ericsson and the evosoft headquarters in...

Manufacturing

FrieslandCampina plans HUF 5.1 bln expansion at dairy plant

Dutch-owned FrieslandCampina Hungaria will invest HUF 5.1 billion at its dairy plant in Mátészalka (251 km east of Budapest), Minister...

Retail

Lithuania retail sales increase in March

Lithuania's retail sales increased in March, figures from the Vilnius-based Statistics Lithuania (LS) showed on Tuesday. Retail sales, excluding VAT...

Transport

Chinese logistics base to be constructed at Budapest Airport

Budapest Airport, the Chinese Henan Airport Group (the operator of Zhengzhou International Airport), and the Chinese-Hungarian business and logistics development...

Logistics

Extra 8.6 mln sqm of warehouse space needed in Europe to meet parcel delivery demand

According to a recent report from Savills, an additional 8.6 million sqm of warehouse space is required by parcel companies...

Innovation

Morgan Stanley establishing automation knowledge center

Morgan Stanley has decided to set up an automation knowledge center in Budapest, according to origo.hu....

Automotive

Magyar Suzuki Corporation sets up vaccination point

Magyar Suzuki has set up a COVID-19 vaccination point for its employees, according to a press release sent to the...

Retail

Bosnia’s Serb Republic retail sales up in March

Retail sales in Bosnia's Serb Republic rose by a real 8.8% year-on-year in March, after edging up 0.1% in February,...

Manufacturing

Arconic-Köfém celebrates 80th anniversary of foundry with special programs

Arconic-Köfém celebrates the 80th anniversary of the establishment of its foundry and rolling mill in Székesfehérvár with a wide range...

Automotive

Magyar Suzuki celebrates 30th anniversary

Carmaker Magyar Suzuki celebrated its 30th anniversary in Hungary this week, according to a press release sent to the Budapest...

Telco

Ericsson plans HUF 3 bln expansion at R&D base in Budapest

The Hungarian unit of Swedish networking and telecommunications company Ericsson plans a HUF 3 billion expansion of its R&D base...

Residential

Kádár cubes remain popular

There are about 800,000 cube houses in Hungary, one in four Hungarians lives in one, and the majority of the...

Deals

Masterplast gets HUF 4.46 bln state PPE order

Listed building materials maker Masterplast on Monday said it was awarded a HUF 4.46 billion contract from Hungary's National Hospitals...

Automotive

Audi workers to get HUF 350,000 COVID bonus

Workers at the Hungarian unit of German automaker Audi will get a gross HUF 350,000 "COVID bonus" for what management...

Home rental rates in Hungary fall 5.5% in March

Home rental rates in Hungary fell 5.5% year-on-year in March, data compiled by the Central Statistical Office (KSH) based on...

WING selling two office buildings to GTC

Real estate company WING announced selling Winmark Ingatlanfejlesztő Kft., the sole owner of the Ericsson and the evosoft headquarters in...

FrieslandCampina plans HUF 5.1 bln expansion at dairy plant

Dutch-owned FrieslandCampina Hungaria will invest HUF 5.1 billion at its dairy plant in Mátészalka (251 km east of Budapest), Minister...

Lithuania retail sales increase in March

Lithuania's retail sales increased in March, figures from the Vilnius-based Statistics Lithuania (LS) showed on Tuesday. Retail sales, excluding VAT...

Chinese logistics base to be constructed at Budapest Airport

Budapest Airport, the Chinese Henan Airport Group (the operator of Zhengzhou International Airport), and the Chinese-Hungarian business and logistics development...

Extra 8.6 mln sqm of warehouse space needed in Europe to meet parcel delivery demand

According to a recent report from Savills, an additional 8.6 million sqm of warehouse space is required by parcel companies...

Morgan Stanley establishing automation knowledge center

Morgan Stanley has decided to set up an automation knowledge center in Budapest, according to origo.hu....

Magyar Suzuki Corporation sets up vaccination point

Magyar Suzuki has set up a COVID-19 vaccination point for its employees, according to a press release sent to the...

Bosnia’s Serb Republic retail sales up in March

Retail sales in Bosnia's Serb Republic rose by a real 8.8% year-on-year in March, after edging up 0.1% in February,...

Arconic-Köfém celebrates 80th anniversary of foundry with special programs

Arconic-Köfém celebrates the 80th anniversary of the establishment of its foundry and rolling mill in Székesfehérvár with a wide range...

Magyar Suzuki celebrates 30th anniversary

Carmaker Magyar Suzuki celebrated its 30th anniversary in Hungary this week, according to a press release sent to the Budapest...

Ericsson plans HUF 3 bln expansion at R&D base in Budapest

The Hungarian unit of Swedish networking and telecommunications company Ericsson plans a HUF 3 billion expansion of its R&D base...

Kádár cubes remain popular

There are about 800,000 cube houses in Hungary, one in four Hungarians lives in one, and the majority of the...

Masterplast gets HUF 4.46 bln state PPE order

Listed building materials maker Masterplast on Monday said it was awarded a HUF 4.46 billion contract from Hungary's National Hospitals...

Audi workers to get HUF 350,000 COVID bonus

Workers at the Hungarian unit of German automaker Audi will get a gross HUF 350,000 "COVID bonus" for what management...