Business

Retail

CyBERG prepares to expand Kajahu concept to U.K., France

CyBERG Nyrt., a company listed on the Xtend platform of the Budapest Stock Exchange (BÉT) which runs Kajahu, a "social...

Telco

Richter earnings drop on lower margins and financial gains

Second-quarter net income of Hungarian pharmaceutical company Gedeon Richter fell 28% year-on-year to HUF 17.5 billion as margins narrowed and...

Transport

Wizz Air adds Edinburgh to Budapest schedule

Hungarian low-cost airline Wizz Air announced on Monday that it will launch direct flights from Budapest to Edinburgh from December...

Competition

Malév Ground Handling scrutinized over suspected overcharging

Hungarian budget airline Wizz Air is considering cancelling its contract for services from Malév Ground Handling (MGH) at Budapestʼs Ferenc...

Telco

MOL Q2 net income up 7% y-o-y

Second-quarter net income of Hungarian oil and gas company MOL rose 7% year-on-year to HUF 77.8 billion, as it booked...

Deals

Retail sales growth accelerates to 4.3% in June

Retail sales in Hungary climbed 4.3% in June from the same month a year earlier, accelerating from a 3.0% increase...

Industrial

Hungarian section of Lake Fertő to get HUF 30 bln investment

The government has set aside HUF 30 billion in state money for infrastructural development of the Hungarian stretch of Lake...

Office Market

Atenor first to design buildings according to Access4You certification

Atenor is the first property developer to design its buildings according to the criteria of the accessibility certification and evaluation...

Deals

Szallas.hu acquires maiUtazás.hu group, Utazok.hu

Accommodation search website Szallas.hu has concluded the acquisition of the maiUtazás.hu group and Utazok.hu Kft., strengthening its position against large...

Sustainability

Nordic Light Trio Acquired by Asian Investors

Skanska has sold the 14,000 sqm Nordic Light Trio office building to JR AMC, a South Korean real estate investment...

Transport

LOT to launch direct flights to Seoul, CEE destinations

LOT Polish Airlines will launch direct flights from Budapest to Seoul, South Korea, as well as to Prague, Belgrade, Stuttgart...

Competition

New president at helm of Direct Selling Association

The Hungarian Direct Selling Association (DSA Hungary) has announced the election of its president and board, with László Endrédi taking...

Transport

Wizz Air hit by HUF 250 mln compensation bill

Hungarian low-cost airline Wizz Air has reached an agreement with Hungaryʼs Competition Office (GVH) to pay HUF 250 million in...

Transport

Qatar Airways wins 6 TripAdvisor Travelers’ Choice Awards

Qatar Airways took home six awards at the TripAdvisor Travelers’ Choice Airline Awards 2019, being named among the "World’s Top...

Incubators

Fix24.hu gets HUF 200 mln investment

Fix24.hu, an online job specialist search portal, has received a HUF 200 million investment from state-owned venture capital fund Hiventures,...

Retail

CyBERG prepares to expand Kajahu concept to U.K., France

CyBERG Nyrt., a company listed on the Xtend platform of the Budapest Stock Exchange (BÉT) which runs Kajahu, a "social...

Telco

Richter earnings drop on lower margins and financial gains

Second-quarter net income of Hungarian pharmaceutical company Gedeon Richter fell 28% year-on-year to HUF 17.5 billion as margins narrowed and...

Transport

Wizz Air adds Edinburgh to Budapest schedule

Hungarian low-cost airline Wizz Air announced on Monday that it will launch direct flights from Budapest to Edinburgh from December...

Competition

Malév Ground Handling scrutinized over suspected overcharging

Hungarian budget airline Wizz Air is considering cancelling its contract for services from Malév Ground Handling (MGH) at Budapestʼs Ferenc...

Telco

MOL Q2 net income up 7% y-o-y

Second-quarter net income of Hungarian oil and gas company MOL rose 7% year-on-year to HUF 77.8 billion, as it booked...

Deals

Retail sales growth accelerates to 4.3% in June

Retail sales in Hungary climbed 4.3% in June from the same month a year earlier, accelerating from a 3.0% increase...

Industrial

Hungarian section of Lake Fertő to get HUF 30 bln investment

The government has set aside HUF 30 billion in state money for infrastructural development of the Hungarian stretch of Lake...

Office Market

Atenor first to design buildings according to Access4You certification

Atenor is the first property developer to design its buildings according to the criteria of the accessibility certification and evaluation...

Deals

Szallas.hu acquires maiUtazás.hu group, Utazok.hu

Accommodation search website Szallas.hu has concluded the acquisition of the maiUtazás.hu group and Utazok.hu Kft., strengthening its position against large...

Sustainability

Nordic Light Trio Acquired by Asian Investors

Skanska has sold the 14,000 sqm Nordic Light Trio office building to JR AMC, a South Korean real estate investment...

Transport

LOT to launch direct flights to Seoul, CEE destinations

LOT Polish Airlines will launch direct flights from Budapest to Seoul, South Korea, as well as to Prague, Belgrade, Stuttgart...

Competition

New president at helm of Direct Selling Association

The Hungarian Direct Selling Association (DSA Hungary) has announced the election of its president and board, with László Endrédi taking...

Transport

Wizz Air hit by HUF 250 mln compensation bill

Hungarian low-cost airline Wizz Air has reached an agreement with Hungaryʼs Competition Office (GVH) to pay HUF 250 million in...

Transport

Qatar Airways wins 6 TripAdvisor Travelers’ Choice Awards

Qatar Airways took home six awards at the TripAdvisor Travelers’ Choice Airline Awards 2019, being named among the "World’s Top...

Incubators

Fix24.hu gets HUF 200 mln investment

Fix24.hu, an online job specialist search portal, has received a HUF 200 million investment from state-owned venture capital fund Hiventures,...

CyBERG prepares to expand Kajahu concept to U.K., France

CyBERG Nyrt., a company listed on the Xtend platform of the Budapest Stock Exchange (BÉT) which runs Kajahu, a "social...

Richter earnings drop on lower margins and financial gains

Second-quarter net income of Hungarian pharmaceutical company Gedeon Richter fell 28% year-on-year to HUF 17.5 billion as margins narrowed and...

Wizz Air adds Edinburgh to Budapest schedule

Hungarian low-cost airline Wizz Air announced on Monday that it will launch direct flights from Budapest to Edinburgh from December...

Malév Ground Handling scrutinized over suspected overcharging

Hungarian budget airline Wizz Air is considering cancelling its contract for services from Malév Ground Handling (MGH) at Budapestʼs Ferenc...

MOL Q2 net income up 7% y-o-y

Second-quarter net income of Hungarian oil and gas company MOL rose 7% year-on-year to HUF 77.8 billion, as it booked...

Retail sales growth accelerates to 4.3% in June

Retail sales in Hungary climbed 4.3% in June from the same month a year earlier, accelerating from a 3.0% increase...

Hungarian section of Lake Fertő to get HUF 30 bln investment

The government has set aside HUF 30 billion in state money for infrastructural development of the Hungarian stretch of Lake...

Atenor first to design buildings according to Access4You certification

Atenor is the first property developer to design its buildings according to the criteria of the accessibility certification and evaluation...

Szallas.hu acquires maiUtazás.hu group, Utazok.hu

Accommodation search website Szallas.hu has concluded the acquisition of the maiUtazás.hu group and Utazok.hu Kft., strengthening its position against large...

Nordic Light Trio Acquired by Asian Investors

Skanska has sold the 14,000 sqm Nordic Light Trio office building to JR AMC, a South Korean real estate investment...

LOT to launch direct flights to Seoul, CEE destinations

LOT Polish Airlines will launch direct flights from Budapest to Seoul, South Korea, as well as to Prague, Belgrade, Stuttgart...

New president at helm of Direct Selling Association

The Hungarian Direct Selling Association (DSA Hungary) has announced the election of its president and board, with László Endrédi taking...

Wizz Air hit by HUF 250 mln compensation bill

Hungarian low-cost airline Wizz Air has reached an agreement with Hungaryʼs Competition Office (GVH) to pay HUF 250 million in...

Qatar Airways wins 6 TripAdvisor Travelers’ Choice Awards

Qatar Airways took home six awards at the TripAdvisor Travelers’ Choice Airline Awards 2019, being named among the "World’s Top...

Fix24.hu gets HUF 200 mln investment

Fix24.hu, an online job specialist search portal, has received a HUF 200 million investment from state-owned venture capital fund Hiventures,...