Business

Automotive

Avg used car price in Hungary climbs 25% in 2020

The average price motorists paid for a used car in Hungary rose 25% to HUF 3,110,000 last year, used car...

Transport

Wizz Air announces 7 new routes from Poland

Low-fare carrier Wizz Air announced the addition of seven new low-fare holiday routes from Poland....

Construction

Professional assoc augurs construction industry recovery in 2021

The output of Hungary's construction industry could reach HUF 4.5 trillion this year, returning to 2019 levels, the chairman of...

Logistics

Amazon announces another investment in Poland 

Amazon has confirmed plans to open a new building in Świebodzin with an area of 193,000 sqm in 2021, according...

Office Market

33,850 sqm of new office space delivered to Budapest market in Q4

In the fourth quarter of 2020, 38,850 sqm of new office space was delivered to the Budapest office market in...

Transport

Rail Cargo Hungaria acquires TS Hungaria 

Rail Cargo Hungaria has acquired 100% of rolling stock maintenance, development and manufacturing company Technical Services Hungaria Jarmujavito as of...

Deals

Hungary seals deal to acquire Russian COVID-19 vaccine

Hungary has signed a contract to acquire Russia's Sputnik V COVID-19 vaccine, Minister of Foreign Affairs and Trade Péter Szijjártó...

Deals

Thyssenkrupp to set up HUF 2.2 bln development base in Veszprém

Germany's thyssenkrupp will set up a HUF 2.2 billion engineering development base in Veszprém (about 122 km west of Budapest),...

Pharma

Hungarian authorities clear Russian, U.K. COVID-19 vaccines

Hungary's National Institute of Pharmacy and Nutrition (OGYÁI) has issued temporary licenses for COVID-19 vaccines developed in Russia and the...

Automotive

BMW sales fell 5% last year

BMW brand sales in Hungary fell 5% last year, well under the close to 19% drop in overall new car...

Office Market

WING completes Gizella Loft office building

WING completed the development of the revitalized Gizella Loft office building, in the heart of Zugló, offering 8,500 of office...

Competition

Design Terminal Demo Day approaches

The live Demo Day of Design Terminal's mentoring program will be held on January 21, with 10 innovative startups demonstrating...

Transport

EUR 167 mln spent by Budapest Airport on development projects in the last 2 years

During the past two years, operator Budapest Airport implemented EUR 167 million worth of investments at Ferenc Liszt International Airport,...

Transport

Budapest Airport preparing for virus passport

Budapest Airport is constantly monitoring the good practices of the world's airports and has been preparing for months so that...

Logistics

Main HOPI warehouse to be built in P3 Mszczonów park 

Long-term owner and developer of European warehouse properties, P3, has signed a lease agreement with HOPI for approximately 33,910 sqm...

Automotive

Avg used car price in Hungary climbs 25% in 2020

The average price motorists paid for a used car in Hungary rose 25% to HUF 3,110,000 last year, used car...

Transport

Wizz Air announces 7 new routes from Poland

Low-fare carrier Wizz Air announced the addition of seven new low-fare holiday routes from Poland....

Construction

Professional assoc augurs construction industry recovery in 2021

The output of Hungary's construction industry could reach HUF 4.5 trillion this year, returning to 2019 levels, the chairman of...

Logistics

Amazon announces another investment in Poland 

Amazon has confirmed plans to open a new building in Świebodzin with an area of 193,000 sqm in 2021, according...

Office Market

33,850 sqm of new office space delivered to Budapest market in Q4

In the fourth quarter of 2020, 38,850 sqm of new office space was delivered to the Budapest office market in...

Transport

Rail Cargo Hungaria acquires TS Hungaria 

Rail Cargo Hungaria has acquired 100% of rolling stock maintenance, development and manufacturing company Technical Services Hungaria Jarmujavito as of...

Deals

Hungary seals deal to acquire Russian COVID-19 vaccine

Hungary has signed a contract to acquire Russia's Sputnik V COVID-19 vaccine, Minister of Foreign Affairs and Trade Péter Szijjártó...

Deals

Thyssenkrupp to set up HUF 2.2 bln development base in Veszprém

Germany's thyssenkrupp will set up a HUF 2.2 billion engineering development base in Veszprém (about 122 km west of Budapest),...

Pharma

Hungarian authorities clear Russian, U.K. COVID-19 vaccines

Hungary's National Institute of Pharmacy and Nutrition (OGYÁI) has issued temporary licenses for COVID-19 vaccines developed in Russia and the...

Automotive

BMW sales fell 5% last year

BMW brand sales in Hungary fell 5% last year, well under the close to 19% drop in overall new car...

Office Market

WING completes Gizella Loft office building

WING completed the development of the revitalized Gizella Loft office building, in the heart of Zugló, offering 8,500 of office...

Competition

Design Terminal Demo Day approaches

The live Demo Day of Design Terminal's mentoring program will be held on January 21, with 10 innovative startups demonstrating...

Transport

EUR 167 mln spent by Budapest Airport on development projects in the last 2 years

During the past two years, operator Budapest Airport implemented EUR 167 million worth of investments at Ferenc Liszt International Airport,...

Transport

Budapest Airport preparing for virus passport

Budapest Airport is constantly monitoring the good practices of the world's airports and has been preparing for months so that...

Logistics

Main HOPI warehouse to be built in P3 Mszczonów park 

Long-term owner and developer of European warehouse properties, P3, has signed a lease agreement with HOPI for approximately 33,910 sqm...

Avg used car price in Hungary climbs 25% in 2020

The average price motorists paid for a used car in Hungary rose 25% to HUF 3,110,000 last year, used car...

Wizz Air announces 7 new routes from Poland

Low-fare carrier Wizz Air announced the addition of seven new low-fare holiday routes from Poland....

Professional assoc augurs construction industry recovery in 2021

The output of Hungary's construction industry could reach HUF 4.5 trillion this year, returning to 2019 levels, the chairman of...

Amazon announces another investment in Poland 

Amazon has confirmed plans to open a new building in Świebodzin with an area of 193,000 sqm in 2021, according...

33,850 sqm of new office space delivered to Budapest market in Q4

In the fourth quarter of 2020, 38,850 sqm of new office space was delivered to the Budapest office market in...

Rail Cargo Hungaria acquires TS Hungaria 

Rail Cargo Hungaria has acquired 100% of rolling stock maintenance, development and manufacturing company Technical Services Hungaria Jarmujavito as of...

Hungary seals deal to acquire Russian COVID-19 vaccine

Hungary has signed a contract to acquire Russia's Sputnik V COVID-19 vaccine, Minister of Foreign Affairs and Trade Péter Szijjártó...

Thyssenkrupp to set up HUF 2.2 bln development base in Veszprém

Germany's thyssenkrupp will set up a HUF 2.2 billion engineering development base in Veszprém (about 122 km west of Budapest),...

Hungarian authorities clear Russian, U.K. COVID-19 vaccines

Hungary's National Institute of Pharmacy and Nutrition (OGYÁI) has issued temporary licenses for COVID-19 vaccines developed in Russia and the...

BMW sales fell 5% last year

BMW brand sales in Hungary fell 5% last year, well under the close to 19% drop in overall new car...

WING completes Gizella Loft office building

WING completed the development of the revitalized Gizella Loft office building, in the heart of Zugló, offering 8,500 of office...

Design Terminal Demo Day approaches

The live Demo Day of Design Terminal's mentoring program will be held on January 21, with 10 innovative startups demonstrating...

EUR 167 mln spent by Budapest Airport on development projects in the last 2 years

During the past two years, operator Budapest Airport implemented EUR 167 million worth of investments at Ferenc Liszt International Airport,...

Budapest Airport preparing for virus passport

Budapest Airport is constantly monitoring the good practices of the world's airports and has been preparing for months so that...

Main HOPI warehouse to be built in P3 Mszczonów park 

Long-term owner and developer of European warehouse properties, P3, has signed a lease agreement with HOPI for approximately 33,910 sqm...