Business

Telco

Est Media to acquire Delta Systems

Listed holding company Est Media Nyrt. revealed Tuesday it has signed a binding contract to acquire 100% of IT company...

Telco

Gross wages up 11.2% y-o-y in May

The average gross monthly wage for full-time workers in Hungary rose 11.2% year-on-year to HUF 364,400 in May, the Central...

Retail

TDK Hungary winds up HUF 1 bln R&D project

Japanese-owned TDK Hungary Components Kft. said on Tuesday it has wound up a HUF 1.03 billion research, development and innovation...

Incubators

Dubai startup incubator awaits Hungarian applicants

The newly launched incubation program of Dubai-based FasterCapital awaits Hungarian applicants as well, with chosen projects receiving up to HUF...

Deals

Plus bond stock exceeds HUF 1.4 tln

Retail investors subscribed for HUF 94.7 billion of Hungarian Government Securities Plus (MÁP Plusz) bonds in the eighth week since...

Automotive

Audi Győr starts Q3 Sportback serial production

The local unit of German carmaker Audi started serial production of its Audi Q3 Sportback model in Győr (NW Hungary)...

Competition

Hungary ahead of region in digital tech usage – EY

Hungarians are the best prepared in the CEE region when it comes to utilizing new technological solutions, according to research...

Deals

Marketing communications director named at NNG

Navigation and infotainment systems company NNG has announced the appointment of Orsolya Ludvig as marketing communications director, effective from September,...

Retail

Auchan to introduce self-checkout tills

French multinational retail group Auchan is set to introduce self-checkout at seven locations in Hungary this year, with the rest...

Telco

MTB bids to take over Takarék Commercial Bank

Magyar Takarékszövetkezeti Bank (MTB) on Thursday submitted a bid to Takarék Mortgage Bank to purchase the 51% stake it holds...

Deals

WWF: Better water management needed for Tisza River Basin

The Tisza River Basin is in need of urgent water management initiatives according to the World Wide Fund for Nature...

Retail

Richter, Hikma sign license and supply agreement for cariprazine

Hungarian drugmaker Gedeon Richter and U.K. peer Hikma Pharmaceuticals said on Thursday they have signed an exclusive license agreement to...

Fintech

Hungarian to lead Mastercard Europe product development and innovation

Hungarian Milán Gauder has been appointed head of Mastercard Europeʼs product development and innovation unit, according to a press release...

Transport

Wizz Air Youth Challenge applications open

Hungarian budget airline Wizz Air has announced this yearʼs "Wizz Air Youth Challenge" competition, looking for innovative ideas from university...

Office Market

Budapest office market vacancies hit record low

The vacancy rate on the Budapest office market fell to a record low of 6.3% in Q2 2019, with the...

Telco

Est Media to acquire Delta Systems

Listed holding company Est Media Nyrt. revealed Tuesday it has signed a binding contract to acquire 100% of IT company...

Telco

Gross wages up 11.2% y-o-y in May

The average gross monthly wage for full-time workers in Hungary rose 11.2% year-on-year to HUF 364,400 in May, the Central...

Retail

TDK Hungary winds up HUF 1 bln R&D project

Japanese-owned TDK Hungary Components Kft. said on Tuesday it has wound up a HUF 1.03 billion research, development and innovation...

Incubators

Dubai startup incubator awaits Hungarian applicants

The newly launched incubation program of Dubai-based FasterCapital awaits Hungarian applicants as well, with chosen projects receiving up to HUF...

Deals

Plus bond stock exceeds HUF 1.4 tln

Retail investors subscribed for HUF 94.7 billion of Hungarian Government Securities Plus (MÁP Plusz) bonds in the eighth week since...

Automotive

Audi Győr starts Q3 Sportback serial production

The local unit of German carmaker Audi started serial production of its Audi Q3 Sportback model in Győr (NW Hungary)...

Competition

Hungary ahead of region in digital tech usage – EY

Hungarians are the best prepared in the CEE region when it comes to utilizing new technological solutions, according to research...

Deals

Marketing communications director named at NNG

Navigation and infotainment systems company NNG has announced the appointment of Orsolya Ludvig as marketing communications director, effective from September,...

Retail

Auchan to introduce self-checkout tills

French multinational retail group Auchan is set to introduce self-checkout at seven locations in Hungary this year, with the rest...

Telco

MTB bids to take over Takarék Commercial Bank

Magyar Takarékszövetkezeti Bank (MTB) on Thursday submitted a bid to Takarék Mortgage Bank to purchase the 51% stake it holds...

Deals

WWF: Better water management needed for Tisza River Basin

The Tisza River Basin is in need of urgent water management initiatives according to the World Wide Fund for Nature...

Retail

Richter, Hikma sign license and supply agreement for cariprazine

Hungarian drugmaker Gedeon Richter and U.K. peer Hikma Pharmaceuticals said on Thursday they have signed an exclusive license agreement to...

Fintech

Hungarian to lead Mastercard Europe product development and innovation

Hungarian Milán Gauder has been appointed head of Mastercard Europeʼs product development and innovation unit, according to a press release...

Transport

Wizz Air Youth Challenge applications open

Hungarian budget airline Wizz Air has announced this yearʼs "Wizz Air Youth Challenge" competition, looking for innovative ideas from university...

Office Market

Budapest office market vacancies hit record low

The vacancy rate on the Budapest office market fell to a record low of 6.3% in Q2 2019, with the...

Est Media to acquire Delta Systems

Listed holding company Est Media Nyrt. revealed Tuesday it has signed a binding contract to acquire 100% of IT company...

Gross wages up 11.2% y-o-y in May

The average gross monthly wage for full-time workers in Hungary rose 11.2% year-on-year to HUF 364,400 in May, the Central...

TDK Hungary winds up HUF 1 bln R&D project

Japanese-owned TDK Hungary Components Kft. said on Tuesday it has wound up a HUF 1.03 billion research, development and innovation...

Dubai startup incubator awaits Hungarian applicants

The newly launched incubation program of Dubai-based FasterCapital awaits Hungarian applicants as well, with chosen projects receiving up to HUF...

Plus bond stock exceeds HUF 1.4 tln

Retail investors subscribed for HUF 94.7 billion of Hungarian Government Securities Plus (MÁP Plusz) bonds in the eighth week since...

Audi Győr starts Q3 Sportback serial production

The local unit of German carmaker Audi started serial production of its Audi Q3 Sportback model in Győr (NW Hungary)...

Hungary ahead of region in digital tech usage – EY

Hungarians are the best prepared in the CEE region when it comes to utilizing new technological solutions, according to research...

Marketing communications director named at NNG

Navigation and infotainment systems company NNG has announced the appointment of Orsolya Ludvig as marketing communications director, effective from September,...

Auchan to introduce self-checkout tills

French multinational retail group Auchan is set to introduce self-checkout at seven locations in Hungary this year, with the rest...

MTB bids to take over Takarék Commercial Bank

Magyar Takarékszövetkezeti Bank (MTB) on Thursday submitted a bid to Takarék Mortgage Bank to purchase the 51% stake it holds...

WWF: Better water management needed for Tisza River Basin

The Tisza River Basin is in need of urgent water management initiatives according to the World Wide Fund for Nature...

Richter, Hikma sign license and supply agreement for cariprazine

Hungarian drugmaker Gedeon Richter and U.K. peer Hikma Pharmaceuticals said on Thursday they have signed an exclusive license agreement to...

Hungarian to lead Mastercard Europe product development and innovation

Hungarian Milán Gauder has been appointed head of Mastercard Europeʼs product development and innovation unit, according to a press release...

Wizz Air Youth Challenge applications open

Hungarian budget airline Wizz Air has announced this yearʼs "Wizz Air Youth Challenge" competition, looking for innovative ideas from university...

Budapest office market vacancies hit record low

The vacancy rate on the Budapest office market fell to a record low of 6.3% in Q2 2019, with the...