Business

Transport

LOT to launch Budapest-Wrocław flights in August

Polish airline LOT will launch a direct route between Budapest and Wrocław on August 24, according to a press release...

Automotive

Domestic new vehicle sales down 5.6% at AutoWallis in H1

Domestic new vehicle sales at AutoWallis fell by 5.6% year-on-year in the first half of 2020, while the groupʼs international...

Ecosystem

Gov’t to relaunch SME mentoring program

The government says it will provide as much assistance as possible to Hungarian companies to successfully apply for EU funding,...

Deals

Govʼt to sign new strategic co-op deal with local Coca-Cola unit

Hungaryʼs government will sign a new strategic cooperation agreement with the local unit of U.S. soft drink maker Coca-Cola, a...

Transport

Wizz Air’s Váradi: ‘Growth Will Continue’

József Váradi, CEO of Hungary-based Wizz Air, often billed as Central Europe’s largest low-cost carrier, talks to the Budapest Business...

Office Market

ConvergenCE Given Exclusive Contract to Lease Agora Offices

Real estate services firm ConvergenCE has been given an exclusive contract to support owners HB Reavis in the leasing of...

Interview

Dealing With Uncertainty, Investing in the Future

When you consider that ExxonMobil has changed its country manager for Hungary, it is surprising what hasn’t altered. There’s still...

Interview

Moving on, but Staying in Touch

Despite the difficult economic climate engendered by the COVID-19 health crisis, Citi’s business is in “very good shape”, Central Europe...

Retail

Online sales up 34% in Q2

Online sales in the second quarter were up 34% annually at HUF 188 billion, Hungarian news agency MTI reports, citing...

Appointments

New CEO at ALD Automotive Magyarország

As of September 1, Olena Tymofiyiva is taking over the position of CEO of ALD Automotive Magyarország Kft., a provider...

Construction

More new homes, declining housing construction sentiment

In the first half of 2020, 8,697 new dwellings were built, 34% more than a year earlier, according to a...

Deals

Mid Europa mulls Wabererʼs sale

Private equity company Mid Europa Partners is weighing a sale of its stake in listed Hungarian haulage company Wabererʼs, Wabererʼs...

Transport

Pandemic passenger volume plunge puts Wizz Air in the red

Hungarian low-fare airline Wizz Air booked a EUR 108 million loss in the first quarter of its business year started...

Construction

Pandemic plays minor role in construction sector contraction

Dwindling European Union funding at the end of the blocʼs seven-year budget period has impacted Hungaryʼs construction sector more than...

Deals

INA books H1 loss on pandemic effect

Croatian oil and gas company INA, a unit of Hungaryʼs MOL, booked a first-half loss of HRK 965 million as...

Transport

LOT to launch Budapest-Wrocław flights in August

Polish airline LOT will launch a direct route between Budapest and Wrocław on August 24, according to a press release...

Automotive

Domestic new vehicle sales down 5.6% at AutoWallis in H1

Domestic new vehicle sales at AutoWallis fell by 5.6% year-on-year in the first half of 2020, while the groupʼs international...

Ecosystem

Gov’t to relaunch SME mentoring program

The government says it will provide as much assistance as possible to Hungarian companies to successfully apply for EU funding,...

Deals

Govʼt to sign new strategic co-op deal with local Coca-Cola unit

Hungaryʼs government will sign a new strategic cooperation agreement with the local unit of U.S. soft drink maker Coca-Cola, a...

Transport

Wizz Air’s Váradi: ‘Growth Will Continue’

József Váradi, CEO of Hungary-based Wizz Air, often billed as Central Europe’s largest low-cost carrier, talks to the Budapest Business...

Office Market

ConvergenCE Given Exclusive Contract to Lease Agora Offices

Real estate services firm ConvergenCE has been given an exclusive contract to support owners HB Reavis in the leasing of...

Interview

Dealing With Uncertainty, Investing in the Future

When you consider that ExxonMobil has changed its country manager for Hungary, it is surprising what hasn’t altered. There’s still...

Interview

Moving on, but Staying in Touch

Despite the difficult economic climate engendered by the COVID-19 health crisis, Citi’s business is in “very good shape”, Central Europe...

Retail

Online sales up 34% in Q2

Online sales in the second quarter were up 34% annually at HUF 188 billion, Hungarian news agency MTI reports, citing...

Appointments

New CEO at ALD Automotive Magyarország

As of September 1, Olena Tymofiyiva is taking over the position of CEO of ALD Automotive Magyarország Kft., a provider...

Construction

More new homes, declining housing construction sentiment

In the first half of 2020, 8,697 new dwellings were built, 34% more than a year earlier, according to a...

Deals

Mid Europa mulls Wabererʼs sale

Private equity company Mid Europa Partners is weighing a sale of its stake in listed Hungarian haulage company Wabererʼs, Wabererʼs...

Transport

Pandemic passenger volume plunge puts Wizz Air in the red

Hungarian low-fare airline Wizz Air booked a EUR 108 million loss in the first quarter of its business year started...

Construction

Pandemic plays minor role in construction sector contraction

Dwindling European Union funding at the end of the blocʼs seven-year budget period has impacted Hungaryʼs construction sector more than...

Deals

INA books H1 loss on pandemic effect

Croatian oil and gas company INA, a unit of Hungaryʼs MOL, booked a first-half loss of HRK 965 million as...

LOT to launch Budapest-Wrocław flights in August

Polish airline LOT will launch a direct route between Budapest and Wrocław on August 24, according to a press release...

Domestic new vehicle sales down 5.6% at AutoWallis in H1

Domestic new vehicle sales at AutoWallis fell by 5.6% year-on-year in the first half of 2020, while the groupʼs international...

Gov’t to relaunch SME mentoring program

The government says it will provide as much assistance as possible to Hungarian companies to successfully apply for EU funding,...

Govʼt to sign new strategic co-op deal with local Coca-Cola unit

Hungaryʼs government will sign a new strategic cooperation agreement with the local unit of U.S. soft drink maker Coca-Cola, a...

Wizz Air’s Váradi: ‘Growth Will Continue’

József Váradi, CEO of Hungary-based Wizz Air, often billed as Central Europe’s largest low-cost carrier, talks to the Budapest Business...

ConvergenCE Given Exclusive Contract to Lease Agora Offices

Real estate services firm ConvergenCE has been given an exclusive contract to support owners HB Reavis in the leasing of...

Dealing With Uncertainty, Investing in the Future

When you consider that ExxonMobil has changed its country manager for Hungary, it is surprising what hasn’t altered. There’s still...

Moving on, but Staying in Touch

Despite the difficult economic climate engendered by the COVID-19 health crisis, Citi’s business is in “very good shape”, Central Europe...

Online sales up 34% in Q2

Online sales in the second quarter were up 34% annually at HUF 188 billion, Hungarian news agency MTI reports, citing...

New CEO at ALD Automotive Magyarország

As of September 1, Olena Tymofiyiva is taking over the position of CEO of ALD Automotive Magyarország Kft., a provider...

More new homes, declining housing construction sentiment

In the first half of 2020, 8,697 new dwellings were built, 34% more than a year earlier, according to a...

Mid Europa mulls Wabererʼs sale

Private equity company Mid Europa Partners is weighing a sale of its stake in listed Hungarian haulage company Wabererʼs, Wabererʼs...

Pandemic passenger volume plunge puts Wizz Air in the red

Hungarian low-fare airline Wizz Air booked a EUR 108 million loss in the first quarter of its business year started...

Pandemic plays minor role in construction sector contraction

Dwindling European Union funding at the end of the blocʼs seven-year budget period has impacted Hungaryʼs construction sector more than...

INA books H1 loss on pandemic effect

Croatian oil and gas company INA, a unit of Hungaryʼs MOL, booked a first-half loss of HRK 965 million as...