Business

Deals

4iG Q1 profit climbs on strong revenue growth

First-quarter after-tax profit of listed IT company 4iG rose 11% year-on-year to HUF 312 million as revenue jumped but margins...

Office Market

Aréna Business Campus Building ʼAʼ receives occupancy permit

Building "A" of Belgian real estate developer Atenorʼs Aréna Business Campus project has received an occupancy permit, according to a...

Ecosystem

Bulgaria mulls additional EUR 10.2 mln for COVID-hit SMEs

Bulgaria is considering providing a further BGN 20 million (EUR 10.2 mln) in assistance to local small- and medium-sized enterprises...

Transport

Wizz Air celebrates 16th anniversary with 16% discount on bookings

Wizz Air, the CEE regionʼs largest budget airline, celebrates the 16th anniversary of its founding via offering a 16% discount...

Automotive

Hungary new vehicle registrations halve in April

New passenger car registrations in Hungary fell 50.3% year-on-year to 6,170 in April, the first full month of the restrictions...

Pharma

8,500 students apply for Student Loan Plus

Already, 8,500 students have applied for the Student Loan Plus since its introduction on May 1; the success of the...

Interview

Poland plans hike in unemployment benefits

Poland plans to give extra help to the unemployed, Prime Minister Mateusz Morawiecki announced, as new data indicated the economy...

Automotive

Romanian Q1 GDP growth weakest in near 6 years

Romania’s economic growth decelerated to 2.4% year-on-year in the first three month of 2020, compared to 5% annual increase in...

Telco

MNB FX swap stock practically flat after tender

The National Bank of Hungaryʼs stock of FX swaps, which the central bank uses to pump liquidity into the banking...

Retail

35% of Hungarians shop online more than ever, Mastercard says

The popularity of e-commerce is on the rise in Europe, with approximately 35% of Hungarians saying they have never shopped...

Sustainability

HUF 300,000 per sqm minimum for real estate in Budapest

There is no district in Budapest where the average price per square meter of real estate is below HUF 300,000,...

Telco

Magyar Posta to raise parcel delivery rates

State-owned Hungarian postal services company Magyar Posta will raise its domestic and international parcel delivery rates by an average of...

Transport

Lufthansa Group to start Budapest flights from June

Airlines belonging to the Lufthansa Group will offer 15 weekly connections to Budapest from June, according to a press release...

Automotive

GDP grows by 2.2% y.o.y. in Q1 2020

Hungaryʼs GDP grew by 2.2% according to raw data in the first quarter of 2020 compared to the same period...

Construction

Construction output volume down 3.4% y.o.y. in March

Based on raw data, the volume of construction output fell 3.4% in March 2020 compared to the same month of...

Deals

4iG Q1 profit climbs on strong revenue growth

First-quarter after-tax profit of listed IT company 4iG rose 11% year-on-year to HUF 312 million as revenue jumped but margins...

Office Market

Aréna Business Campus Building ʼAʼ receives occupancy permit

Building "A" of Belgian real estate developer Atenorʼs Aréna Business Campus project has received an occupancy permit, according to a...

Ecosystem

Bulgaria mulls additional EUR 10.2 mln for COVID-hit SMEs

Bulgaria is considering providing a further BGN 20 million (EUR 10.2 mln) in assistance to local small- and medium-sized enterprises...

Transport

Wizz Air celebrates 16th anniversary with 16% discount on bookings

Wizz Air, the CEE regionʼs largest budget airline, celebrates the 16th anniversary of its founding via offering a 16% discount...

Automotive

Hungary new vehicle registrations halve in April

New passenger car registrations in Hungary fell 50.3% year-on-year to 6,170 in April, the first full month of the restrictions...

Pharma

8,500 students apply for Student Loan Plus

Already, 8,500 students have applied for the Student Loan Plus since its introduction on May 1; the success of the...

Interview

Poland plans hike in unemployment benefits

Poland plans to give extra help to the unemployed, Prime Minister Mateusz Morawiecki announced, as new data indicated the economy...

Automotive

Romanian Q1 GDP growth weakest in near 6 years

Romania’s economic growth decelerated to 2.4% year-on-year in the first three month of 2020, compared to 5% annual increase in...

Telco

MNB FX swap stock practically flat after tender

The National Bank of Hungaryʼs stock of FX swaps, which the central bank uses to pump liquidity into the banking...

Retail

35% of Hungarians shop online more than ever, Mastercard says

The popularity of e-commerce is on the rise in Europe, with approximately 35% of Hungarians saying they have never shopped...

Sustainability

HUF 300,000 per sqm minimum for real estate in Budapest

There is no district in Budapest where the average price per square meter of real estate is below HUF 300,000,...

Telco

Magyar Posta to raise parcel delivery rates

State-owned Hungarian postal services company Magyar Posta will raise its domestic and international parcel delivery rates by an average of...

Transport

Lufthansa Group to start Budapest flights from June

Airlines belonging to the Lufthansa Group will offer 15 weekly connections to Budapest from June, according to a press release...

Automotive

GDP grows by 2.2% y.o.y. in Q1 2020

Hungaryʼs GDP grew by 2.2% according to raw data in the first quarter of 2020 compared to the same period...

Construction

Construction output volume down 3.4% y.o.y. in March

Based on raw data, the volume of construction output fell 3.4% in March 2020 compared to the same month of...

4iG Q1 profit climbs on strong revenue growth

First-quarter after-tax profit of listed IT company 4iG rose 11% year-on-year to HUF 312 million as revenue jumped but margins...

Aréna Business Campus Building ʼAʼ receives occupancy permit

Building "A" of Belgian real estate developer Atenorʼs Aréna Business Campus project has received an occupancy permit, according to a...

Bulgaria mulls additional EUR 10.2 mln for COVID-hit SMEs

Bulgaria is considering providing a further BGN 20 million (EUR 10.2 mln) in assistance to local small- and medium-sized enterprises...

Wizz Air celebrates 16th anniversary with 16% discount on bookings

Wizz Air, the CEE regionʼs largest budget airline, celebrates the 16th anniversary of its founding via offering a 16% discount...

Hungary new vehicle registrations halve in April

New passenger car registrations in Hungary fell 50.3% year-on-year to 6,170 in April, the first full month of the restrictions...

8,500 students apply for Student Loan Plus

Already, 8,500 students have applied for the Student Loan Plus since its introduction on May 1; the success of the...

Poland plans hike in unemployment benefits

Poland plans to give extra help to the unemployed, Prime Minister Mateusz Morawiecki announced, as new data indicated the economy...

Romanian Q1 GDP growth weakest in near 6 years

Romania’s economic growth decelerated to 2.4% year-on-year in the first three month of 2020, compared to 5% annual increase in...

MNB FX swap stock practically flat after tender

The National Bank of Hungaryʼs stock of FX swaps, which the central bank uses to pump liquidity into the banking...

35% of Hungarians shop online more than ever, Mastercard says

The popularity of e-commerce is on the rise in Europe, with approximately 35% of Hungarians saying they have never shopped...

HUF 300,000 per sqm minimum for real estate in Budapest

There is no district in Budapest where the average price per square meter of real estate is below HUF 300,000,...

Magyar Posta to raise parcel delivery rates

State-owned Hungarian postal services company Magyar Posta will raise its domestic and international parcel delivery rates by an average of...

Lufthansa Group to start Budapest flights from June

Airlines belonging to the Lufthansa Group will offer 15 weekly connections to Budapest from June, according to a press release...

GDP grows by 2.2% y.o.y. in Q1 2020

Hungaryʼs GDP grew by 2.2% according to raw data in the first quarter of 2020 compared to the same period...

Construction output volume down 3.4% y.o.y. in March

Based on raw data, the volume of construction output fell 3.4% in March 2020 compared to the same month of...