Business

Residential

Talks Underway to Clarify Floor Area Rules for Home Start Loans

Financial institutions, the Hungarian Banking Association, and legislators are in talks to finalize and standardize the interpretation of conditions for...

HR

Gov’t Allocates Extra HUF 100 bln for Job Placement Scheme for Over-30s

The gov't is allocating HUF 100 billion of extra funds and increasing the size of a HUF 78.4 bln job...

HR

Hungarian Employees Awaiting Better Times to Change Jobs

In April, we reported on employers’ perceptions of economic changes and their impact on the job market. Some 55% were...

Innovation

Gigabit Hungary Program Opens First Phase for Rural Broadband Expansion

Between August 8-26, infocommunications companies can apply for funding to expand wireless coverage under the first phase of the Gigabit...

Office Market

Graphisoft Park Earnings Slip in H1

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, fell 9% year-on-year...

Transport

Waberer’s Year-on-Year Earnings Jump Significantly in Q2

Second-quarter net income of listed hauler Waberer's reached approximately EUR 12.2 million, climbing from EUR 4.8 mln in the base...

HR

Nearly 30,000 Students Participate in Summer Jobs Scheme

Nearly 30,000 students are participating in a summer jobs scheme subsidised by the state this year, the state secretary for...

Residential

Cordia Unveils New Development in Spain With More Than 500 Homes

Cordia has launched the first phase of "360° by Cordia", its next residential project in Costa del Sol, Spain. The...

Automotive

Asking Price for Used Cars Edges Down in June

The average asking price for used cars on sale edged down to HUF 5.4 million in June from HUF 5.2...

Transport

GVH Launches Probe Into Ryanair Over Suspected Misleading Practices

The Competition Office (GVH) has opened competition supervision proceedings against Irish low-cost carrier Ryanair on suspicion of unfair commercial practices...

Residential

Panel Flat Prices Continue to Climb in Budapest as Gap With Brick Homes Narrows

The price gap between panel flats and brick apartments in the capital has narrowed significantly, following a 36% increase in...

Transport

American Airlines to Operate Budapest-Philadelphia Direct Flight

American Airlines will operate a daily direct flight between Budapest and Philadelphia from May 2026, National Economy Minister Marton Nagy...

HR

Hidden Crisis Driving Gen Z Out of the Workforce, Says WHC

The entry of Gen Z into the labor market is reshaping workplace expectations. For them, technological flexibility and freedom of...

Telco

Magyar Telekom Earnings Climb on Improved Margin, Tax Rollback

Q2 net income of Magyar Telekom rose 29% year-on-year to HUF 56 billion, supported by a wider margin and the...

Retail

Electronic Shelf Labels to Benefit Spar Staff and Shoppers

As part of its continued roll-out of digital innovations in Hungary, electronic shelf labels are now in use in more...

Residential

Talks Underway to Clarify Floor Area Rules for Home Start Loans

Financial institutions, the Hungarian Banking Association, and legislators are in talks to finalize and standardize the interpretation of conditions for...

HR

Gov’t Allocates Extra HUF 100 bln for Job Placement Scheme for Over-30s

The gov't is allocating HUF 100 billion of extra funds and increasing the size of a HUF 78.4 bln job...

HR

Hungarian Employees Awaiting Better Times to Change Jobs

In April, we reported on employers’ perceptions of economic changes and their impact on the job market. Some 55% were...

Innovation

Gigabit Hungary Program Opens First Phase for Rural Broadband Expansion

Between August 8-26, infocommunications companies can apply for funding to expand wireless coverage under the first phase of the Gigabit...

Office Market

Graphisoft Park Earnings Slip in H1

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, fell 9% year-on-year...

Transport

Waberer’s Year-on-Year Earnings Jump Significantly in Q2

Second-quarter net income of listed hauler Waberer's reached approximately EUR 12.2 million, climbing from EUR 4.8 mln in the base...

HR

Nearly 30,000 Students Participate in Summer Jobs Scheme

Nearly 30,000 students are participating in a summer jobs scheme subsidised by the state this year, the state secretary for...

Residential

Cordia Unveils New Development in Spain With More Than 500 Homes

Cordia has launched the first phase of "360° by Cordia", its next residential project in Costa del Sol, Spain. The...

Automotive

Asking Price for Used Cars Edges Down in June

The average asking price for used cars on sale edged down to HUF 5.4 million in June from HUF 5.2...

Transport

GVH Launches Probe Into Ryanair Over Suspected Misleading Practices

The Competition Office (GVH) has opened competition supervision proceedings against Irish low-cost carrier Ryanair on suspicion of unfair commercial practices...

Residential

Panel Flat Prices Continue to Climb in Budapest as Gap With Brick Homes Narrows

The price gap between panel flats and brick apartments in the capital has narrowed significantly, following a 36% increase in...

Transport

American Airlines to Operate Budapest-Philadelphia Direct Flight

American Airlines will operate a daily direct flight between Budapest and Philadelphia from May 2026, National Economy Minister Marton Nagy...

HR

Hidden Crisis Driving Gen Z Out of the Workforce, Says WHC

The entry of Gen Z into the labor market is reshaping workplace expectations. For them, technological flexibility and freedom of...

Telco

Magyar Telekom Earnings Climb on Improved Margin, Tax Rollback

Q2 net income of Magyar Telekom rose 29% year-on-year to HUF 56 billion, supported by a wider margin and the...