Business

Retail

ALDI to extend opening hours around lakes during summer tourist season

ALDI will extend the opening hours of its stores around Lake Balaton and Lake Velence during the high tourist season,...

Automotive

Magyar Suzukiʼs net revenue grows by 23% in 2019

Magyar Suzuki sold 194,447 vehicles in 123 countries around the globe in 2019, while growing its net revenue to nearly...

HR

Remote work did not decrease efficiency of businesses, research says

Having to work from home during the lockdown months did not have a negative effect on the efficiency of businesses...

Deals

GKI forecasts 5.7% economic contraction in 2020

Economic research institute GKI projects Hungaryʼs economy will contract 5.7% this year, if there is no second wave of coronavirus...

Office Market

Skanska introduces new safety standards, creates new office concept

Skanska has established several rules and adapted its workplaces in the CEE region to allow employees to safely return to...

Transport

Freight transport performance drops 12% in Q1 because of pandemic

Performance of freight transport companies in Hungary was down 12% in the first quarter from a year earlier at 13.5...

Construction

Spectis: 960 top projects in Poland worth EUR 120 bln

Despite a short-lasting downturn in economic activity caused by the COVID-19 pandemic, the Polish construction industry will continue to exhibit...

Automotive

Lithuania industrial production falls in May

Lithuania’s industrial production declined in May, according to the latest figures from Statistics Lithuania (LS). Industrial production decreased a working-day...

Deals

MOL announces conditions of ING share option agreements

Hungarian oil and gas company MOL on Tuesday announced the terms and conditions of share option agreements it concluded with...

Interview

Policymakers cut base rate by 15 bp to 0.75%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 15...

Office Market

Codic launches ʼHomeWorkʼ building rehabilitation project

Codic Hungary has announced a new real estate project named "HomeWork" aiming at rehabilitating and repurposing a historic school building...

Telco

Govʼt earmarks almost 22 bln for crisis-hit farm, food sector

Hungaryʼs Agriculture Ministry has allocated almost HUF 22 billion in grants to support farmers and food processors hit by the...

Automotive

Estonia producer prices continue to fall in May

Estonia’s producer prices continued to fall in May, the latest data from Statistics Estonia (SE) shows. The producer price index...

Automotive

Poland retail sales decline in May

Poland’s retail sales dropped in May, the latest figures from the Warsaw-based Central Statistical Office (GUS) show. Retail sales fell...

Automotive

Industry Endures Unprecedented Collapse in April

The coronavirus pandemic has taken its toll on all economies: in the EU, the average setback in industrial output was...

Retail

ALDI to extend opening hours around lakes during summer tourist season

ALDI will extend the opening hours of its stores around Lake Balaton and Lake Velence during the high tourist season,...

Automotive

Magyar Suzukiʼs net revenue grows by 23% in 2019

Magyar Suzuki sold 194,447 vehicles in 123 countries around the globe in 2019, while growing its net revenue to nearly...

HR

Remote work did not decrease efficiency of businesses, research says

Having to work from home during the lockdown months did not have a negative effect on the efficiency of businesses...

Deals

GKI forecasts 5.7% economic contraction in 2020

Economic research institute GKI projects Hungaryʼs economy will contract 5.7% this year, if there is no second wave of coronavirus...

Office Market

Skanska introduces new safety standards, creates new office concept

Skanska has established several rules and adapted its workplaces in the CEE region to allow employees to safely return to...

Transport

Freight transport performance drops 12% in Q1 because of pandemic

Performance of freight transport companies in Hungary was down 12% in the first quarter from a year earlier at 13.5...

Construction

Spectis: 960 top projects in Poland worth EUR 120 bln

Despite a short-lasting downturn in economic activity caused by the COVID-19 pandemic, the Polish construction industry will continue to exhibit...

Automotive

Lithuania industrial production falls in May

Lithuania’s industrial production declined in May, according to the latest figures from Statistics Lithuania (LS). Industrial production decreased a working-day...

Deals

MOL announces conditions of ING share option agreements

Hungarian oil and gas company MOL on Tuesday announced the terms and conditions of share option agreements it concluded with...

Interview

Policymakers cut base rate by 15 bp to 0.75%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 15...

Office Market

Codic launches ʼHomeWorkʼ building rehabilitation project

Codic Hungary has announced a new real estate project named "HomeWork" aiming at rehabilitating and repurposing a historic school building...

Telco

Govʼt earmarks almost 22 bln for crisis-hit farm, food sector

Hungaryʼs Agriculture Ministry has allocated almost HUF 22 billion in grants to support farmers and food processors hit by the...

Automotive

Estonia producer prices continue to fall in May

Estonia’s producer prices continued to fall in May, the latest data from Statistics Estonia (SE) shows. The producer price index...

Automotive

Poland retail sales decline in May

Poland’s retail sales dropped in May, the latest figures from the Warsaw-based Central Statistical Office (GUS) show. Retail sales fell...

Automotive

Industry Endures Unprecedented Collapse in April

The coronavirus pandemic has taken its toll on all economies: in the EU, the average setback in industrial output was...

ALDI to extend opening hours around lakes during summer tourist season

ALDI will extend the opening hours of its stores around Lake Balaton and Lake Velence during the high tourist season,...

Magyar Suzukiʼs net revenue grows by 23% in 2019

Magyar Suzuki sold 194,447 vehicles in 123 countries around the globe in 2019, while growing its net revenue to nearly...

Remote work did not decrease efficiency of businesses, research says

Having to work from home during the lockdown months did not have a negative effect on the efficiency of businesses...

GKI forecasts 5.7% economic contraction in 2020

Economic research institute GKI projects Hungaryʼs economy will contract 5.7% this year, if there is no second wave of coronavirus...

Skanska introduces new safety standards, creates new office concept

Skanska has established several rules and adapted its workplaces in the CEE region to allow employees to safely return to...

Freight transport performance drops 12% in Q1 because of pandemic

Performance of freight transport companies in Hungary was down 12% in the first quarter from a year earlier at 13.5...

Spectis: 960 top projects in Poland worth EUR 120 bln

Despite a short-lasting downturn in economic activity caused by the COVID-19 pandemic, the Polish construction industry will continue to exhibit...

Lithuania industrial production falls in May

Lithuania’s industrial production declined in May, according to the latest figures from Statistics Lithuania (LS). Industrial production decreased a working-day...

MOL announces conditions of ING share option agreements

Hungarian oil and gas company MOL on Tuesday announced the terms and conditions of share option agreements it concluded with...

Policymakers cut base rate by 15 bp to 0.75%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 15...

Codic launches ʼHomeWorkʼ building rehabilitation project

Codic Hungary has announced a new real estate project named "HomeWork" aiming at rehabilitating and repurposing a historic school building...

Govʼt earmarks almost 22 bln for crisis-hit farm, food sector

Hungaryʼs Agriculture Ministry has allocated almost HUF 22 billion in grants to support farmers and food processors hit by the...

Estonia producer prices continue to fall in May

Estonia’s producer prices continued to fall in May, the latest data from Statistics Estonia (SE) shows. The producer price index...

Poland retail sales decline in May

Poland’s retail sales dropped in May, the latest figures from the Warsaw-based Central Statistical Office (GUS) show. Retail sales fell...

Industry Endures Unprecedented Collapse in April

The coronavirus pandemic has taken its toll on all economies: in the EU, the average setback in industrial output was...