Business

Residential

3% Home Start Loan Scheme not Expected to Drive up Property Prices, Gov’t Official Says

The price caps in the Home Start program's 3% fixed-rate credit for first-time buyers will prevent a surge in real...

Automotive

Chinese Brands Gain Ground in Hungary’s Used Car Market

Chinese automakers are continuing to carve out a larger share of Hungary’s used car market, according to the latest data...

Business

VOSZ Makes Further Proposals to Improve Environment for Doing Business

The Confederation of Hungarian Businesses (VOSZ) on Tuesday said it was making further proposals to improve the environment for doing...

Transport

Procurement Announced for H8, H9 HÉV Upgrade Plans Including Örs Vezér Tere Bridge

The Ministry of Construction and Transport has launched a public procurement procedure for the licensing and construction plans for upgrading...

Residential

Details of Home Start Scheme Cleared up at Talks

Details of the Home Start subsidised credit scheme for first-time home buyers were cleared up at talks with representatives of...

Automotive

AutoWallis to Open New BYD Dealership in Debrecen

AutoWallis Nyrt. said it will expand its partnership with BYD, the world’s largest manufacturer of new energy vehicles, by opening...

Fintech

MotoGP: Hungarian Grand Prix Goes Cashless

MotoGP is returning to Hungary with a fully cashless system. The Hungarian round of the motorcycle world championship will be...

HR

Tesco Surpasses Lidl in Headcount Amid Seasonal Hiring Boost

Tesco added over 700 employees from May to June, reclaiming its lead over Lidl in staff numbers, according to a...

Transport

Hungrail: Rail Freight Business Model No Longer Sustainable

Hungary's rail freight transport business model has become unsustainable, with toll revenues failing to cover costs, falling volumes, worsening capacity...

Construction

Demand for Building Materials Remains Modest in H1 – Évosz

Demand for building materials remained modest in H1 2025. The building materials market has not recovered since 2023, Attila Juhász...

Construction

Hungary’s Construction Output Rises 2.6% in June, Falls Sharply From May

Hungary’s construction sector saw moderate year-over-year growth in June but a steep drop from the previous month, according to data...

Automotive

China’s BYD Opens 5 New Dealerships in Hungary

China’s BYD is further expanding its sales and service network in Hungary, opening five new dealerships in the fourth quarter,...

Residential

Less Than Half of Budapest Flats Covered Under Home Start Program

Out of more than 135,000 real estate listings for homes for sale, 102,000 meet the criteria under the Home Start...

Retail

Westend Launches First Hackathon to Redefine Visitor Experience

The Westend shopping center in Budapest, part of the Gránit Pólus Group, has launched its first-ever competition aimed at elevating...

Transport

MÁV Starts HUF 15 bln Station Renovation Program

MÁV is starting a HUF 15 billion station renovation program, financed by its own funds and money from the Hungarian...

Residential

3% Home Start Loan Scheme not Expected to Drive up Property Prices, Gov’t Official Says

The price caps in the Home Start program's 3% fixed-rate credit for first-time buyers will prevent a surge in real...

Automotive

Chinese Brands Gain Ground in Hungary’s Used Car Market

Chinese automakers are continuing to carve out a larger share of Hungary’s used car market, according to the latest data...

Business

VOSZ Makes Further Proposals to Improve Environment for Doing Business

The Confederation of Hungarian Businesses (VOSZ) on Tuesday said it was making further proposals to improve the environment for doing...

Transport

Procurement Announced for H8, H9 HÉV Upgrade Plans Including Örs Vezér Tere Bridge

The Ministry of Construction and Transport has launched a public procurement procedure for the licensing and construction plans for upgrading...

Residential

Details of Home Start Scheme Cleared up at Talks

Details of the Home Start subsidised credit scheme for first-time home buyers were cleared up at talks with representatives of...

Automotive

AutoWallis to Open New BYD Dealership in Debrecen

AutoWallis Nyrt. said it will expand its partnership with BYD, the world’s largest manufacturer of new energy vehicles, by opening...

Fintech

MotoGP: Hungarian Grand Prix Goes Cashless

MotoGP is returning to Hungary with a fully cashless system. The Hungarian round of the motorcycle world championship will be...

HR

Tesco Surpasses Lidl in Headcount Amid Seasonal Hiring Boost

Tesco added over 700 employees from May to June, reclaiming its lead over Lidl in staff numbers, according to a...

Transport

Hungrail: Rail Freight Business Model No Longer Sustainable

Hungary's rail freight transport business model has become unsustainable, with toll revenues failing to cover costs, falling volumes, worsening capacity...

Construction

Demand for Building Materials Remains Modest in H1 – Évosz

Demand for building materials remained modest in H1 2025. The building materials market has not recovered since 2023, Attila Juhász...

Construction

Hungary’s Construction Output Rises 2.6% in June, Falls Sharply From May

Hungary’s construction sector saw moderate year-over-year growth in June but a steep drop from the previous month, according to data...

Automotive

China’s BYD Opens 5 New Dealerships in Hungary

China’s BYD is further expanding its sales and service network in Hungary, opening five new dealerships in the fourth quarter,...

Residential

Less Than Half of Budapest Flats Covered Under Home Start Program

Out of more than 135,000 real estate listings for homes for sale, 102,000 meet the criteria under the Home Start...

Retail

Westend Launches First Hackathon to Redefine Visitor Experience

The Westend shopping center in Budapest, part of the Gránit Pólus Group, has launched its first-ever competition aimed at elevating...

Transport

MÁV Starts HUF 15 bln Station Renovation Program

MÁV is starting a HUF 15 billion station renovation program, financed by its own funds and money from the Hungarian...

3% Home Start Loan Scheme not Expected to Drive up Property Prices, Gov’t Official Says

The price caps in the Home Start program's 3% fixed-rate credit for first-time buyers will prevent a surge in real...

Chinese Brands Gain Ground in Hungary’s Used Car Market

Chinese automakers are continuing to carve out a larger share of Hungary’s used car market, according to the latest data...

VOSZ Makes Further Proposals to Improve Environment for Doing Business

The Confederation of Hungarian Businesses (VOSZ) on Tuesday said it was making further proposals to improve the environment for doing...

Procurement Announced for H8, H9 HÉV Upgrade Plans Including Örs Vezér Tere Bridge

The Ministry of Construction and Transport has launched a public procurement procedure for the licensing and construction plans for upgrading...

Details of Home Start Scheme Cleared up at Talks

Details of the Home Start subsidised credit scheme for first-time home buyers were cleared up at talks with representatives of...

AutoWallis to Open New BYD Dealership in Debrecen

AutoWallis Nyrt. said it will expand its partnership with BYD, the world’s largest manufacturer of new energy vehicles, by opening...

MotoGP: Hungarian Grand Prix Goes Cashless

MotoGP is returning to Hungary with a fully cashless system. The Hungarian round of the motorcycle world championship will be...

Tesco Surpasses Lidl in Headcount Amid Seasonal Hiring Boost

Tesco added over 700 employees from May to June, reclaiming its lead over Lidl in staff numbers, according to a...

Hungrail: Rail Freight Business Model No Longer Sustainable

Hungary's rail freight transport business model has become unsustainable, with toll revenues failing to cover costs, falling volumes, worsening capacity...

Demand for Building Materials Remains Modest in H1 – Évosz

Demand for building materials remained modest in H1 2025. The building materials market has not recovered since 2023, Attila Juhász...

Hungary’s Construction Output Rises 2.6% in June, Falls Sharply From May

Hungary’s construction sector saw moderate year-over-year growth in June but a steep drop from the previous month, according to data...

China’s BYD Opens 5 New Dealerships in Hungary

China’s BYD is further expanding its sales and service network in Hungary, opening five new dealerships in the fourth quarter,...

Less Than Half of Budapest Flats Covered Under Home Start Program

Out of more than 135,000 real estate listings for homes for sale, 102,000 meet the criteria under the Home Start...

Westend Launches First Hackathon to Redefine Visitor Experience

The Westend shopping center in Budapest, part of the Gránit Pólus Group, has launched its first-ever competition aimed at elevating...

MÁV Starts HUF 15 bln Station Renovation Program

MÁV is starting a HUF 15 billion station renovation program, financed by its own funds and money from the Hungarian...