Business

Sustainability

Home buyers favor Districts 9, 11 and 13 – Duna House

In the capital, the highest number of new apartments last year was built in District 9, followed by Districts 11...

Sustainability

Győr leads way in home construction

There were 653 homes built in the city of Győr (121 kilometers northwest of Budapest) in 2018, the most in...

Deals

Associate partner appointed at Horizon Development

The Horizon Development board is now complete after the appointment of Gabriella Sasvári as associate partner, the company has told...

Telco

AutoWallis decides on new board member, dividends

At the annual meeting of AutoWallis several important issues such as dividend payments were decided by the companyʼs shareholders  besides...

Telco

MOL Q1 earnings decline on narrower margins

Hungarian oil and gas company MOLʼs first-quarter net income fell 19% to HUF 48.6 billion from the same period a...

Sustainability

Home prices climb at slower pace in Q4

Home prices in Hungary rose at a slower rate in the fourth quarter of 2018, while the gap between prices...

Deals

Wing acquires, renames Strabag PFS

Leading Hungarian-owned property developer Wing Zrt. has bought out the 51% stake of Elitur Invest Zrt., its partner in Strabag...

Deals

Erste Bank Hungary to pay HUF 20 bln dividend

Erste Bank Hungary will pay its owners a HUF 20 billion dividend on last yearʼs earnings, the lender said on...

Interview

MNB leaves base rate, O/N depo rate unchanged

The Monetary Council of the National Bank of Hungary (MNB) left both the central bank base rate and overnight deposit...

Pharma

Pilot training center to be set up in Hévíz

Norwegian investors Central European Aviation Cluster and Pilot Flight Academy will establish a pilot training center in Héviz (about 160...

Automotive

Average monthly fuel cost came to HUF 22,000 in 2018

The average monthly fuel consumption cost of Hungarian motorists in 2018 amounted to HUF 22,000, with 73% of car owners...

Retail

Árkád mall to establish new gastro zone

Budapestʼs Árkád shopping center has begun the creation of a new gastro-space dubbed "FoodLoft" on its upper floor, with the...

Telco

MFB total assets at HUF 1,228 bln in 2018

Total assets of the state-owned Hungarian Development Bank (MFB) stood at HUF 1,228 billion at the end of last year,...

Telco

Gross wages climb 12.1% in February

The average gross wage for full-time workers in Hungary rose 12.1% year-on-year to HUF 345,900 in February, the Central Statistical...

Pharma

Mészáros firm among winners of massive rail contract

The Hungarian-Chinese consortium that won the tender to upgrade the Hungarian section of the railway line between Budapest and Belgrade...

Sustainability

Home buyers favor Districts 9, 11 and 13 – Duna House

In the capital, the highest number of new apartments last year was built in District 9, followed by Districts 11...

Sustainability

Győr leads way in home construction

There were 653 homes built in the city of Győr (121 kilometers northwest of Budapest) in 2018, the most in...

Deals

Associate partner appointed at Horizon Development

The Horizon Development board is now complete after the appointment of Gabriella Sasvári as associate partner, the company has told...

Telco

AutoWallis decides on new board member, dividends

At the annual meeting of AutoWallis several important issues such as dividend payments were decided by the companyʼs shareholders  besides...

Telco

MOL Q1 earnings decline on narrower margins

Hungarian oil and gas company MOLʼs first-quarter net income fell 19% to HUF 48.6 billion from the same period a...

Sustainability

Home prices climb at slower pace in Q4

Home prices in Hungary rose at a slower rate in the fourth quarter of 2018, while the gap between prices...

Deals

Wing acquires, renames Strabag PFS

Leading Hungarian-owned property developer Wing Zrt. has bought out the 51% stake of Elitur Invest Zrt., its partner in Strabag...

Deals

Erste Bank Hungary to pay HUF 20 bln dividend

Erste Bank Hungary will pay its owners a HUF 20 billion dividend on last yearʼs earnings, the lender said on...

Interview

MNB leaves base rate, O/N depo rate unchanged

The Monetary Council of the National Bank of Hungary (MNB) left both the central bank base rate and overnight deposit...

Pharma

Pilot training center to be set up in Hévíz

Norwegian investors Central European Aviation Cluster and Pilot Flight Academy will establish a pilot training center in Héviz (about 160...

Automotive

Average monthly fuel cost came to HUF 22,000 in 2018

The average monthly fuel consumption cost of Hungarian motorists in 2018 amounted to HUF 22,000, with 73% of car owners...

Retail

Árkád mall to establish new gastro zone

Budapestʼs Árkád shopping center has begun the creation of a new gastro-space dubbed "FoodLoft" on its upper floor, with the...

Telco

MFB total assets at HUF 1,228 bln in 2018

Total assets of the state-owned Hungarian Development Bank (MFB) stood at HUF 1,228 billion at the end of last year,...

Telco

Gross wages climb 12.1% in February

The average gross wage for full-time workers in Hungary rose 12.1% year-on-year to HUF 345,900 in February, the Central Statistical...

Pharma

Mészáros firm among winners of massive rail contract

The Hungarian-Chinese consortium that won the tender to upgrade the Hungarian section of the railway line between Budapest and Belgrade...

Home buyers favor Districts 9, 11 and 13 – Duna House

In the capital, the highest number of new apartments last year was built in District 9, followed by Districts 11...

Győr leads way in home construction

There were 653 homes built in the city of Győr (121 kilometers northwest of Budapest) in 2018, the most in...

Associate partner appointed at Horizon Development

The Horizon Development board is now complete after the appointment of Gabriella Sasvári as associate partner, the company has told...

AutoWallis decides on new board member, dividends

At the annual meeting of AutoWallis several important issues such as dividend payments were decided by the companyʼs shareholders  besides...

MOL Q1 earnings decline on narrower margins

Hungarian oil and gas company MOLʼs first-quarter net income fell 19% to HUF 48.6 billion from the same period a...

Home prices climb at slower pace in Q4

Home prices in Hungary rose at a slower rate in the fourth quarter of 2018, while the gap between prices...

Wing acquires, renames Strabag PFS

Leading Hungarian-owned property developer Wing Zrt. has bought out the 51% stake of Elitur Invest Zrt., its partner in Strabag...

Erste Bank Hungary to pay HUF 20 bln dividend

Erste Bank Hungary will pay its owners a HUF 20 billion dividend on last yearʼs earnings, the lender said on...

MNB leaves base rate, O/N depo rate unchanged

The Monetary Council of the National Bank of Hungary (MNB) left both the central bank base rate and overnight deposit...

Pilot training center to be set up in Hévíz

Norwegian investors Central European Aviation Cluster and Pilot Flight Academy will establish a pilot training center in Héviz (about 160...

Average monthly fuel cost came to HUF 22,000 in 2018

The average monthly fuel consumption cost of Hungarian motorists in 2018 amounted to HUF 22,000, with 73% of car owners...

Árkád mall to establish new gastro zone

Budapestʼs Árkád shopping center has begun the creation of a new gastro-space dubbed "FoodLoft" on its upper floor, with the...

MFB total assets at HUF 1,228 bln in 2018

Total assets of the state-owned Hungarian Development Bank (MFB) stood at HUF 1,228 billion at the end of last year,...

Gross wages climb 12.1% in February

The average gross wage for full-time workers in Hungary rose 12.1% year-on-year to HUF 345,900 in February, the Central Statistical...

Mészáros firm among winners of massive rail contract

The Hungarian-Chinese consortium that won the tender to upgrade the Hungarian section of the railway line between Budapest and Belgrade...