Business

Deals

E.ON boosts stakes in ELMŰ, EMÁSZ in mandatory offer

The local unit of German utilities giant E.ON has raised its stakes in regional electricity distributors ELMŰ and EMÁSZ in...

Telco

Energy trader MET interested in ČEZ’s Romanian wind farm

MET România Energy, part of Switzerland-mased MET, one of the largest energy suppliers on the free market, is interested in...

Industrial

Czech Reico investiční acquires Industrial Park Dubnica stage II, in Slovakia

REICO investiční společnost České spořitelny a.s. has acquired the industrial park Dubnica II in Slovakia from Invest4SEE Investment Holding GmbH,...

Deals

Budapest Becoming a top Spot for Winter Travel

Budapest can look forward to a strong Christmas and winter tourist season, with flight bookings to the Hungarian capital from...

Transport

Wizz Air calls for end to business class on short-haul journeys

The Budapest-based low-cost carrier Wizz Air says old-fashioned travel has expired, and has called on traditional airlines to stop flying...

Telco

Jan-Nov gen govʼt deficit reaches 76.7% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 766.3 billion deficit at the end of November, reaching...

Incubators

4 Hungarian startups picked for Hello Tomorrow Global Challenge

Four Hungarian startups were selected as a "deep tech pioneer" at Hello Tomorrow Global Challenge, meaning that they get a...

Industrial

Magnus subsidiary takes order for 100 Il-103 aircraft

Aviation Engineering, the subsidiary of Hungaryʼs Magnus Aircraft, has received orders for the first 100 Il-103 aircraft, worth USD 30...

Telco

Salon candy sales to grow 2-3%

The turnover of seasonal sweets will increase by 2-3%, to more than HUF 10 billion in December, reports news site...

Competition

FB fined HUF 1.2 bln for misleading users

The Hungarian Competition Authority (GVH) has fined social media giant Facebook HUF 1.2 billion, saying that the company misled users...

Telco

Number of SMEs up 4.1% in 2018

There were 748,951 small and medium-sized businesses operating in Hungary in 2018, up 4.1% from a year earlier, state news...

Retail

40% of Polish shoppers opt for eco-friendly packaging, study finds

Nearly 40% of Poles bring their own reusable bags to supermarkets for weighed goods, and almost everyone uses reusable shopping...

Retail

Gin-filled Christmas tree baubles now available in Hungary

Regional startup Loco Shark is bringing a truly disruptive Christmas idea to Hungary: tree baubles, filled with gin, according to...

Automotive

Hungary industrial output climbs 6.1% in October

Output of Hungaryʼs industrial sector rose 6.1% year-on-year in October, state news wire MTI reports, citing a first reading of...

Telco

Banking sector earnings climb more than 10% in Q1-Q3

Consolidated after-tax profit of the Hungarian banking sector rose 10.5% year-on-year to HUF 560 billion in Q1-Q3, data released by...

Deals

E.ON boosts stakes in ELMŰ, EMÁSZ in mandatory offer

The local unit of German utilities giant E.ON has raised its stakes in regional electricity distributors ELMŰ and EMÁSZ in...

Telco

Energy trader MET interested in ČEZ’s Romanian wind farm

MET România Energy, part of Switzerland-mased MET, one of the largest energy suppliers on the free market, is interested in...

Industrial

Czech Reico investiční acquires Industrial Park Dubnica stage II, in Slovakia

REICO investiční společnost České spořitelny a.s. has acquired the industrial park Dubnica II in Slovakia from Invest4SEE Investment Holding GmbH,...

Deals

Budapest Becoming a top Spot for Winter Travel

Budapest can look forward to a strong Christmas and winter tourist season, with flight bookings to the Hungarian capital from...

Transport

Wizz Air calls for end to business class on short-haul journeys

The Budapest-based low-cost carrier Wizz Air says old-fashioned travel has expired, and has called on traditional airlines to stop flying...

Telco

Jan-Nov gen govʼt deficit reaches 76.7% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 766.3 billion deficit at the end of November, reaching...

Incubators

4 Hungarian startups picked for Hello Tomorrow Global Challenge

Four Hungarian startups were selected as a "deep tech pioneer" at Hello Tomorrow Global Challenge, meaning that they get a...

Industrial

Magnus subsidiary takes order for 100 Il-103 aircraft

Aviation Engineering, the subsidiary of Hungaryʼs Magnus Aircraft, has received orders for the first 100 Il-103 aircraft, worth USD 30...

Telco

Salon candy sales to grow 2-3%

The turnover of seasonal sweets will increase by 2-3%, to more than HUF 10 billion in December, reports news site...

Competition

FB fined HUF 1.2 bln for misleading users

The Hungarian Competition Authority (GVH) has fined social media giant Facebook HUF 1.2 billion, saying that the company misled users...

Telco

Number of SMEs up 4.1% in 2018

There were 748,951 small and medium-sized businesses operating in Hungary in 2018, up 4.1% from a year earlier, state news...

Retail

40% of Polish shoppers opt for eco-friendly packaging, study finds

Nearly 40% of Poles bring their own reusable bags to supermarkets for weighed goods, and almost everyone uses reusable shopping...

Retail

Gin-filled Christmas tree baubles now available in Hungary

Regional startup Loco Shark is bringing a truly disruptive Christmas idea to Hungary: tree baubles, filled with gin, according to...

Automotive

Hungary industrial output climbs 6.1% in October

Output of Hungaryʼs industrial sector rose 6.1% year-on-year in October, state news wire MTI reports, citing a first reading of...

Telco

Banking sector earnings climb more than 10% in Q1-Q3

Consolidated after-tax profit of the Hungarian banking sector rose 10.5% year-on-year to HUF 560 billion in Q1-Q3, data released by...

E.ON boosts stakes in ELMŰ, EMÁSZ in mandatory offer

The local unit of German utilities giant E.ON has raised its stakes in regional electricity distributors ELMŰ and EMÁSZ in...

Energy trader MET interested in ČEZ’s Romanian wind farm

MET România Energy, part of Switzerland-mased MET, one of the largest energy suppliers on the free market, is interested in...

Czech Reico investiční acquires Industrial Park Dubnica stage II, in Slovakia

REICO investiční společnost České spořitelny a.s. has acquired the industrial park Dubnica II in Slovakia from Invest4SEE Investment Holding GmbH,...

Budapest Becoming a top Spot for Winter Travel

Budapest can look forward to a strong Christmas and winter tourist season, with flight bookings to the Hungarian capital from...

Wizz Air calls for end to business class on short-haul journeys

The Budapest-based low-cost carrier Wizz Air says old-fashioned travel has expired, and has called on traditional airlines to stop flying...

Jan-Nov gen govʼt deficit reaches 76.7% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 766.3 billion deficit at the end of November, reaching...

4 Hungarian startups picked for Hello Tomorrow Global Challenge

Four Hungarian startups were selected as a "deep tech pioneer" at Hello Tomorrow Global Challenge, meaning that they get a...

Magnus subsidiary takes order for 100 Il-103 aircraft

Aviation Engineering, the subsidiary of Hungaryʼs Magnus Aircraft, has received orders for the first 100 Il-103 aircraft, worth USD 30...

Salon candy sales to grow 2-3%

The turnover of seasonal sweets will increase by 2-3%, to more than HUF 10 billion in December, reports news site...

FB fined HUF 1.2 bln for misleading users

The Hungarian Competition Authority (GVH) has fined social media giant Facebook HUF 1.2 billion, saying that the company misled users...

Number of SMEs up 4.1% in 2018

There were 748,951 small and medium-sized businesses operating in Hungary in 2018, up 4.1% from a year earlier, state news...

40% of Polish shoppers opt for eco-friendly packaging, study finds

Nearly 40% of Poles bring their own reusable bags to supermarkets for weighed goods, and almost everyone uses reusable shopping...

Gin-filled Christmas tree baubles now available in Hungary

Regional startup Loco Shark is bringing a truly disruptive Christmas idea to Hungary: tree baubles, filled with gin, according to...

Hungary industrial output climbs 6.1% in October

Output of Hungaryʼs industrial sector rose 6.1% year-on-year in October, state news wire MTI reports, citing a first reading of...

Banking sector earnings climb more than 10% in Q1-Q3

Consolidated after-tax profit of the Hungarian banking sector rose 10.5% year-on-year to HUF 560 billion in Q1-Q3, data released by...