Business

Automotive

Toyo Tires to start building factory in N. Serbia in August

Vladimir Gak, the head of the municipality of Indjija (45 km northwest of Belgrade in northern Serbia, in the autonomous...

Deals

Volánbusz ownership transferred to MÁV

The ownership of state-owned bus company Volánbusz is being transferred on Wednesday to state-owned railway company MÁV to strengthen their...

Construction

Construction output down 20.1% y.o.y. in May

The volume of construction output, based on raw data, was 20.1% lower in May 2020 compared to the same period...

Transport

Air traffic sees 94% y.o.y. decline in June

Aviation has resumed in more countries, meaning passenger traffic has started to grow slowly again at Ferenz Liszt International, according...

Automotive

Daimler plans routine one-week shutdown at Hungary plant

German carmaker Daimler plans to shut down its plant in Kecskemét (about 82 km southeast of the capital) for one...

Transport

Wizz Air Abu Dhabi announces 6 destinations

Wizz Air Abu Dhabi announced that it will operate flights to six destinations from the UAE capital starting October 1....

Sustainability

Resort real estate price rises slow

The rise in the price of residential and holiday real estate in priority resort areas slowed down in the past...

Office Market

87,750 sqm of office area delivered to Budapest market in Q2

In the second quarter of 2020, 87,750 sqm new office area was delivered to the Budapest office market in five...

Deals

Shares of Sundell Estate listed on Budapest bourse

The shares of real estate investment company SunDell Estate were listed onto the Budapest Stock Exchange on Monday, according to...

Deals

MVM and Rosatom establish joint venture

State-owned Hungarian Electricity Works (MVM) has formed a joint venture with Rusatom Service, a unit of Russiaʼs Rosatom, named European...

Deals

MVM agrees to acquire Innogyʼs Czech business

The state-owned Hungarian Electricity Works (MVM) has signed an agreement to acquire 100% of the Czech unit of German energy...

Retail

Bulgaria retail sales fall further in May

Bulgaria’s retail sales fell further in May, by an annual 20.4%, after decreasing by an annual 19.9% in the previous...

Fintech

MNB proposes keeping HUF 15,000 PIN code threshold

The National Bank of Hungary (MNB) is proposing to maintain the current limit for the mandatory use of the PIN...

Retail

Competition Office fines Alza.hu HUF 892 mln

Hungaryʼs Competition Office (GVH) on Friday said it fined consumer electronics website Alza.hu HUF 892 million for unfair business practices....

HR

Vodafone Hungary offers permanent remote working to customer service staff

Since July this year, Vodafone Hungary has been offering customer service staff the opportunity to work from home in a...

Automotive

Toyo Tires to start building factory in N. Serbia in August

Vladimir Gak, the head of the municipality of Indjija (45 km northwest of Belgrade in northern Serbia, in the autonomous...

Deals

Volánbusz ownership transferred to MÁV

The ownership of state-owned bus company Volánbusz is being transferred on Wednesday to state-owned railway company MÁV to strengthen their...

Construction

Construction output down 20.1% y.o.y. in May

The volume of construction output, based on raw data, was 20.1% lower in May 2020 compared to the same period...

Transport

Air traffic sees 94% y.o.y. decline in June

Aviation has resumed in more countries, meaning passenger traffic has started to grow slowly again at Ferenz Liszt International, according...

Automotive

Daimler plans routine one-week shutdown at Hungary plant

German carmaker Daimler plans to shut down its plant in Kecskemét (about 82 km southeast of the capital) for one...

Transport

Wizz Air Abu Dhabi announces 6 destinations

Wizz Air Abu Dhabi announced that it will operate flights to six destinations from the UAE capital starting October 1....

Sustainability

Resort real estate price rises slow

The rise in the price of residential and holiday real estate in priority resort areas slowed down in the past...

Office Market

87,750 sqm of office area delivered to Budapest market in Q2

In the second quarter of 2020, 87,750 sqm new office area was delivered to the Budapest office market in five...

Deals

Shares of Sundell Estate listed on Budapest bourse

The shares of real estate investment company SunDell Estate were listed onto the Budapest Stock Exchange on Monday, according to...

Deals

MVM and Rosatom establish joint venture

State-owned Hungarian Electricity Works (MVM) has formed a joint venture with Rusatom Service, a unit of Russiaʼs Rosatom, named European...

Deals

MVM agrees to acquire Innogyʼs Czech business

The state-owned Hungarian Electricity Works (MVM) has signed an agreement to acquire 100% of the Czech unit of German energy...

Retail

Bulgaria retail sales fall further in May

Bulgaria’s retail sales fell further in May, by an annual 20.4%, after decreasing by an annual 19.9% in the previous...

Fintech

MNB proposes keeping HUF 15,000 PIN code threshold

The National Bank of Hungary (MNB) is proposing to maintain the current limit for the mandatory use of the PIN...

Retail

Competition Office fines Alza.hu HUF 892 mln

Hungaryʼs Competition Office (GVH) on Friday said it fined consumer electronics website Alza.hu HUF 892 million for unfair business practices....

HR

Vodafone Hungary offers permanent remote working to customer service staff

Since July this year, Vodafone Hungary has been offering customer service staff the opportunity to work from home in a...

Toyo Tires to start building factory in N. Serbia in August

Vladimir Gak, the head of the municipality of Indjija (45 km northwest of Belgrade in northern Serbia, in the autonomous...

Volánbusz ownership transferred to MÁV

The ownership of state-owned bus company Volánbusz is being transferred on Wednesday to state-owned railway company MÁV to strengthen their...

Construction output down 20.1% y.o.y. in May

The volume of construction output, based on raw data, was 20.1% lower in May 2020 compared to the same period...

Air traffic sees 94% y.o.y. decline in June

Aviation has resumed in more countries, meaning passenger traffic has started to grow slowly again at Ferenz Liszt International, according...

Daimler plans routine one-week shutdown at Hungary plant

German carmaker Daimler plans to shut down its plant in Kecskemét (about 82 km southeast of the capital) for one...

Wizz Air Abu Dhabi announces 6 destinations

Wizz Air Abu Dhabi announced that it will operate flights to six destinations from the UAE capital starting October 1....

Resort real estate price rises slow

The rise in the price of residential and holiday real estate in priority resort areas slowed down in the past...

87,750 sqm of office area delivered to Budapest market in Q2

In the second quarter of 2020, 87,750 sqm new office area was delivered to the Budapest office market in five...

Shares of Sundell Estate listed on Budapest bourse

The shares of real estate investment company SunDell Estate were listed onto the Budapest Stock Exchange on Monday, according to...

MVM and Rosatom establish joint venture

State-owned Hungarian Electricity Works (MVM) has formed a joint venture with Rusatom Service, a unit of Russiaʼs Rosatom, named European...

MVM agrees to acquire Innogyʼs Czech business

The state-owned Hungarian Electricity Works (MVM) has signed an agreement to acquire 100% of the Czech unit of German energy...

Bulgaria retail sales fall further in May

Bulgaria’s retail sales fell further in May, by an annual 20.4%, after decreasing by an annual 19.9% in the previous...

MNB proposes keeping HUF 15,000 PIN code threshold

The National Bank of Hungary (MNB) is proposing to maintain the current limit for the mandatory use of the PIN...

Competition Office fines Alza.hu HUF 892 mln

Hungaryʼs Competition Office (GVH) on Friday said it fined consumer electronics website Alza.hu HUF 892 million for unfair business practices....

Vodafone Hungary offers permanent remote working to customer service staff

Since July this year, Vodafone Hungary has been offering customer service staff the opportunity to work from home in a...