Business

Retail

Lidl expands ’Hazánk Kincsei’ product portfolio

The Hungarian unit of German global discount supermarket chain Lidl has announced that it will further expand its “Hazánk Kincsei”...

Telco

Insurer CIG Pannónia posts H1 loss with one-offs

Listed insurer CIG Pannónia posted a HUF 610 million loss after tax in the first half of 2019, against after-tax...

Incubators

Two local startups win mentoring at EIT Health InnoStars Awards

Two Hungarian startups - InSimu Patient and Sineko - were selected among 13 other teams to receive mentoring and training...

Telco

Higher turnover, lower costs lift ANY H1 earnings

First-half net income of bourse-listed ANY Security Printing Company Nyrt. rose 4.4% year-on-year to HUF 652 million as revenues climbed...

Pharma

Richter launches biosimilar teriparatide in Europe

Hungarian drugmaker Gedeon Richter announced that it has launched Terrosa in Europe, its biosimilar teriparatide used to treat osteoporosis, according...

Retail

Global Finance names OTP best digital bank in Hungary

Global Finance magazine has published its 2019 list of the best digital banks in the Central and East European region,...

Competition

Taxi apps gaining popularity in Budapest

While the majority of people in Budapest still order taxis over the phone, mobile apps are gaining traction, with the...

Deals

New cargo train route between China and Hungary

A new China-Europe freight train service has been launched between Jinan, capital of Shandong province in eastern China, and Budapest,...

Telco

Baromfi-Coop inaugurates poultry manure processing plant

Poultry breeder Baromfi-Coop, a member of the Master Good group, inaugurated a HUF 2.6 billion plant processing 60,000 tonnes of...

Deals

BÉT to set up securitization consulting firm

Shareholders of the Budapest Stock Exchange (BÉT) decided to establish a securitization consulting firm at an extraordinary general meeting on...

Competition

Hungarian SMEs tend to avoid summer shutdown

Domestic businesses tend to avoid summer breaks, with nine out of 10 Hungarian small and medium-sized enterprises (SMEs) avoiding a...

Telco

Around 20% of Hungarian lifts need replacing

Some 6,000 passenger elevators in Hungary should be replaced for maintenance, meaning around 20% of all such machinery in use...

Automotive

Automotive sector drags down June industrial output

Year-on-year output of Hungaryʼs automotive sector, a key engine of industrial growth in Hungary, slowed to 1.5% in June from...

Retail

Hungarian brand wins Red Dot Design Award

Young Hungarian brand Activé has taken home its first Red Dot Design Award with the packaging design of its FiberShake...

Ecosystem

V4 Startup Force application reopens

Budapest-based incubation agency Design Terminal on Monday announced the reopening of applications to its V4 Startup Force program, organized jointly...

Retail

Lidl expands ’Hazánk Kincsei’ product portfolio

The Hungarian unit of German global discount supermarket chain Lidl has announced that it will further expand its “Hazánk Kincsei”...

Telco

Insurer CIG Pannónia posts H1 loss with one-offs

Listed insurer CIG Pannónia posted a HUF 610 million loss after tax in the first half of 2019, against after-tax...

Incubators

Two local startups win mentoring at EIT Health InnoStars Awards

Two Hungarian startups - InSimu Patient and Sineko - were selected among 13 other teams to receive mentoring and training...

Telco

Higher turnover, lower costs lift ANY H1 earnings

First-half net income of bourse-listed ANY Security Printing Company Nyrt. rose 4.4% year-on-year to HUF 652 million as revenues climbed...

Pharma

Richter launches biosimilar teriparatide in Europe

Hungarian drugmaker Gedeon Richter announced that it has launched Terrosa in Europe, its biosimilar teriparatide used to treat osteoporosis, according...

Retail

Global Finance names OTP best digital bank in Hungary

Global Finance magazine has published its 2019 list of the best digital banks in the Central and East European region,...

Competition

Taxi apps gaining popularity in Budapest

While the majority of people in Budapest still order taxis over the phone, mobile apps are gaining traction, with the...

Deals

New cargo train route between China and Hungary

A new China-Europe freight train service has been launched between Jinan, capital of Shandong province in eastern China, and Budapest,...

Telco

Baromfi-Coop inaugurates poultry manure processing plant

Poultry breeder Baromfi-Coop, a member of the Master Good group, inaugurated a HUF 2.6 billion plant processing 60,000 tonnes of...

Deals

BÉT to set up securitization consulting firm

Shareholders of the Budapest Stock Exchange (BÉT) decided to establish a securitization consulting firm at an extraordinary general meeting on...

Competition

Hungarian SMEs tend to avoid summer shutdown

Domestic businesses tend to avoid summer breaks, with nine out of 10 Hungarian small and medium-sized enterprises (SMEs) avoiding a...

Telco

Around 20% of Hungarian lifts need replacing

Some 6,000 passenger elevators in Hungary should be replaced for maintenance, meaning around 20% of all such machinery in use...

Automotive

Automotive sector drags down June industrial output

Year-on-year output of Hungaryʼs automotive sector, a key engine of industrial growth in Hungary, slowed to 1.5% in June from...

Retail

Hungarian brand wins Red Dot Design Award

Young Hungarian brand Activé has taken home its first Red Dot Design Award with the packaging design of its FiberShake...

Ecosystem

V4 Startup Force application reopens

Budapest-based incubation agency Design Terminal on Monday announced the reopening of applications to its V4 Startup Force program, organized jointly...

Lidl expands ’Hazánk Kincsei’ product portfolio

The Hungarian unit of German global discount supermarket chain Lidl has announced that it will further expand its “Hazánk Kincsei”...

Insurer CIG Pannónia posts H1 loss with one-offs

Listed insurer CIG Pannónia posted a HUF 610 million loss after tax in the first half of 2019, against after-tax...

Two local startups win mentoring at EIT Health InnoStars Awards

Two Hungarian startups - InSimu Patient and Sineko - were selected among 13 other teams to receive mentoring and training...

Higher turnover, lower costs lift ANY H1 earnings

First-half net income of bourse-listed ANY Security Printing Company Nyrt. rose 4.4% year-on-year to HUF 652 million as revenues climbed...

Richter launches biosimilar teriparatide in Europe

Hungarian drugmaker Gedeon Richter announced that it has launched Terrosa in Europe, its biosimilar teriparatide used to treat osteoporosis, according...

Global Finance names OTP best digital bank in Hungary

Global Finance magazine has published its 2019 list of the best digital banks in the Central and East European region,...

Taxi apps gaining popularity in Budapest

While the majority of people in Budapest still order taxis over the phone, mobile apps are gaining traction, with the...

New cargo train route between China and Hungary

A new China-Europe freight train service has been launched between Jinan, capital of Shandong province in eastern China, and Budapest,...

Baromfi-Coop inaugurates poultry manure processing plant

Poultry breeder Baromfi-Coop, a member of the Master Good group, inaugurated a HUF 2.6 billion plant processing 60,000 tonnes of...

BÉT to set up securitization consulting firm

Shareholders of the Budapest Stock Exchange (BÉT) decided to establish a securitization consulting firm at an extraordinary general meeting on...

Hungarian SMEs tend to avoid summer shutdown

Domestic businesses tend to avoid summer breaks, with nine out of 10 Hungarian small and medium-sized enterprises (SMEs) avoiding a...

Around 20% of Hungarian lifts need replacing

Some 6,000 passenger elevators in Hungary should be replaced for maintenance, meaning around 20% of all such machinery in use...

Automotive sector drags down June industrial output

Year-on-year output of Hungaryʼs automotive sector, a key engine of industrial growth in Hungary, slowed to 1.5% in June from...

Hungarian brand wins Red Dot Design Award

Young Hungarian brand Activé has taken home its first Red Dot Design Award with the packaging design of its FiberShake...

V4 Startup Force application reopens

Budapest-based incubation agency Design Terminal on Monday announced the reopening of applications to its V4 Startup Force program, organized jointly...