Business

Automotive

Regional cooperation on self-driving vehicle development

Hungary, Austria and Slovenia signed a memorandum of understanding on cooperation in the development of self-driving vehicles in Budapest on...

Telco

Konzum-Opus exchange ratio set at 2:1

The exchange ratio for the stock-for-stock merger of listed holding company Konzum with peer Opus Global has been set at...

Telco

Shareholders approve merger of Konzum, Opus

Shareholders of listed holding companies Opus Global and Konzum approved the proposal to merge Konzum into Opus at shareholdersʼ meetings...

Sustainability

K&H Bank books after-tax profit of HUF 57.8 bln in 2018

Consolidated after-tax profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 38% to HUF 57.8 billion last year,...

Sustainability

Deloitte analyzes CEE banking, NPL, insurance sectors

A high level of M&A activity in the financial sector is accompanied by continuing opportunities on the market for non-performing...

Competition

Nine out of ten local CEOs expect revenue growth – PwC

Some 89% of Hungarian CEOs see their companiesʼ revenue growing in the next 12 months, compared to 82% globally, consulting...

Pharma

Franceʼs GMD to build HUF 14.5 bln vehicle parts plant

Franceʼs GMD group will build a HUF 14.5 billion vehicle parts plant in Dorog (northern Hungary), Minister of Foreign Affairs...

Competition

Austriaʼs startup300 to acquire majority stake in Be-novative

Austriaʼs startup300, an angel investor network and business accelerator for startups, said Wednesday it plans to acquire a 51% stake...

Retail

Premium-category products win Product of the Year awards

This year brought a breakthrough in premium-category and convenience products at the Product of the Year (POY) awards, according to...

Deals

Plotinus trades as Akko Invest from Wednesday

Listed holding company Plotinus will trade under the new name Akko Invest from Wednesday, state news agency MTI reported, citing...

Deals

Széchenyi Fund to invest HUF 70 bln up to 2022

The Széchenyi Venture Capital Fund (SZTA), an EU-supported investment fund established by the state to fund SMEs, will invest HUF...

Automotive

New passenger car registrations up 12.6% in February

New passenger car registrations increased 12.6% to 11,227 in Hungary in February from a year earlier, according to a report...

Industrial

Immofinanz occupancy rate hits record 96%

Regional commercial real estate firm Immofinanz announced that the occupancy rate of its standing investment portfolio climbed to 95.8% in...

Retail

Brave New World of Online Invoicing a Success, Experts Say

Launched last summer, Hungary’s online invoice reporting system has now been running for more than half a year – enough...

Office Market

JLL, Cushman & Wakefield handle leasing of Liberty Office Building

Developer Wing Zrt. has commissioned JLL and Cushman & Wakefield to handle leasing of the 42,000 square-meter Liberty Office Building, located...

Automotive

Regional cooperation on self-driving vehicle development

Hungary, Austria and Slovenia signed a memorandum of understanding on cooperation in the development of self-driving vehicles in Budapest on...

Telco

Konzum-Opus exchange ratio set at 2:1

The exchange ratio for the stock-for-stock merger of listed holding company Konzum with peer Opus Global has been set at...

Telco

Shareholders approve merger of Konzum, Opus

Shareholders of listed holding companies Opus Global and Konzum approved the proposal to merge Konzum into Opus at shareholdersʼ meetings...

Sustainability

K&H Bank books after-tax profit of HUF 57.8 bln in 2018

Consolidated after-tax profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 38% to HUF 57.8 billion last year,...

Sustainability

Deloitte analyzes CEE banking, NPL, insurance sectors

A high level of M&A activity in the financial sector is accompanied by continuing opportunities on the market for non-performing...

Competition

Nine out of ten local CEOs expect revenue growth – PwC

Some 89% of Hungarian CEOs see their companiesʼ revenue growing in the next 12 months, compared to 82% globally, consulting...

Pharma

Franceʼs GMD to build HUF 14.5 bln vehicle parts plant

Franceʼs GMD group will build a HUF 14.5 billion vehicle parts plant in Dorog (northern Hungary), Minister of Foreign Affairs...

Competition

Austriaʼs startup300 to acquire majority stake in Be-novative

Austriaʼs startup300, an angel investor network and business accelerator for startups, said Wednesday it plans to acquire a 51% stake...

Retail

Premium-category products win Product of the Year awards

This year brought a breakthrough in premium-category and convenience products at the Product of the Year (POY) awards, according to...

Deals

Plotinus trades as Akko Invest from Wednesday

Listed holding company Plotinus will trade under the new name Akko Invest from Wednesday, state news agency MTI reported, citing...

Deals

Széchenyi Fund to invest HUF 70 bln up to 2022

The Széchenyi Venture Capital Fund (SZTA), an EU-supported investment fund established by the state to fund SMEs, will invest HUF...

Automotive

New passenger car registrations up 12.6% in February

New passenger car registrations increased 12.6% to 11,227 in Hungary in February from a year earlier, according to a report...

Industrial

Immofinanz occupancy rate hits record 96%

Regional commercial real estate firm Immofinanz announced that the occupancy rate of its standing investment portfolio climbed to 95.8% in...

Retail

Brave New World of Online Invoicing a Success, Experts Say

Launched last summer, Hungary’s online invoice reporting system has now been running for more than half a year – enough...

Office Market

JLL, Cushman & Wakefield handle leasing of Liberty Office Building

Developer Wing Zrt. has commissioned JLL and Cushman & Wakefield to handle leasing of the 42,000 square-meter Liberty Office Building, located...

Regional cooperation on self-driving vehicle development

Hungary, Austria and Slovenia signed a memorandum of understanding on cooperation in the development of self-driving vehicles in Budapest on...

Konzum-Opus exchange ratio set at 2:1

The exchange ratio for the stock-for-stock merger of listed holding company Konzum with peer Opus Global has been set at...

Shareholders approve merger of Konzum, Opus

Shareholders of listed holding companies Opus Global and Konzum approved the proposal to merge Konzum into Opus at shareholdersʼ meetings...

K&H Bank books after-tax profit of HUF 57.8 bln in 2018

Consolidated after-tax profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 38% to HUF 57.8 billion last year,...

Deloitte analyzes CEE banking, NPL, insurance sectors

A high level of M&A activity in the financial sector is accompanied by continuing opportunities on the market for non-performing...

Nine out of ten local CEOs expect revenue growth – PwC

Some 89% of Hungarian CEOs see their companiesʼ revenue growing in the next 12 months, compared to 82% globally, consulting...

Franceʼs GMD to build HUF 14.5 bln vehicle parts plant

Franceʼs GMD group will build a HUF 14.5 billion vehicle parts plant in Dorog (northern Hungary), Minister of Foreign Affairs...

Austriaʼs startup300 to acquire majority stake in Be-novative

Austriaʼs startup300, an angel investor network and business accelerator for startups, said Wednesday it plans to acquire a 51% stake...

Premium-category products win Product of the Year awards

This year brought a breakthrough in premium-category and convenience products at the Product of the Year (POY) awards, according to...

Plotinus trades as Akko Invest from Wednesday

Listed holding company Plotinus will trade under the new name Akko Invest from Wednesday, state news agency MTI reported, citing...

Széchenyi Fund to invest HUF 70 bln up to 2022

The Széchenyi Venture Capital Fund (SZTA), an EU-supported investment fund established by the state to fund SMEs, will invest HUF...

New passenger car registrations up 12.6% in February

New passenger car registrations increased 12.6% to 11,227 in Hungary in February from a year earlier, according to a report...

Immofinanz occupancy rate hits record 96%

Regional commercial real estate firm Immofinanz announced that the occupancy rate of its standing investment portfolio climbed to 95.8% in...

Brave New World of Online Invoicing a Success, Experts Say

Launched last summer, Hungary’s online invoice reporting system has now been running for more than half a year – enough...

JLL, Cushman & Wakefield handle leasing of Liberty Office Building

Developer Wing Zrt. has commissioned JLL and Cushman & Wakefield to handle leasing of the 42,000 square-meter Liberty Office Building, located...