Business

Telco

MNB sets date for old HUF 10,000 bill withdrawal

The National Bank of Hungary (MNB) will withdraw old HUF 10,000 banknotes at the end of this year, a decree...

Pharma

Enmech Hungary invests HUF 6.4 bln in capacity expansion

Automotive parts manufacturer Enmech Hungary is investing HUF 6.4 billion in expanding production capacity at its base in Pécel on...

Deals

Microsoft Hungary names Mattheisen new general manager

Microsoft Hungary has announced the appointment of former Magyar Telekom CEO Christopher Mattheisen as general manager, effective March 4, 2019,...

Deals

Gerald Grace named Invitech CEO

Business IT solutions provider Invitech has announced the appointment of Gerald Grace as Chief Executive Officer. Gerald succeeds David Blunck,...

HR

Provident wins international HR award

Personal loans provider Provident Pénzügyi Zrt. was recognized as Top Employer 2019 by the Top Employers Institute on February 14...

Office Market

South Buda office market faces new challenges after 2018 changes

The South Buda office market went through drastic changes in 2018, with thousands of office areas vacated during the year,...

Sustainability

Skanska ends record year in CEE

Construction and development group Skanskaʼs commercial development business in the CEE region had a record year, selling nine buildings for...

Telco

AutoWallis Plans Regional Expansion After BSE Listing

Hungarian asset manager and automotive holding AutoWallis Nyrt. plans to double its revenues and carry out acquisitions in Central and...

Competition

Increased Productivity Offers Solution to Labor Crisis, at a Cost

With the labor shortage getting more acute, companies need to raise wages, which they can ultimately do by improving productivity,...

Office Market

Horizon Development Agrees Financing for Szervita Square

Horizon Development has signed a financing agreement with UniCredit Bank Hungary for the development of the mixed-use, 15,000 sqm Szervita...

Sustainability

Positive Fundamentals Expected to Continue

All property market sectors are recording positive demand fundamentals, with in excess of one million sqm of commercial real estate...

Deals

Automotive sector continues to drive industry in December

Production volume of Hungaryʼs automotive industry - accounting for about 27.1% of total manufacturing output - rose 9.9% year-on-year in...

Deals

Mátrai Erőmű books after-tax loss but pre-tax profit in 2018

Mátrai Erőmű, which operates Hungaryʼs second biggest power plant, booked a HUF 817 million loss last year because of a...

Construction

Construction output up 17.5% in December, 22.3% in 2018

The volume of construction output, based on raw data released by the Central Statistical Office (KSH), was 17.5% higher in...

Sustainability

Average panel flat price in capital up HUF 5 mln in a year

The year 2019 on the real estate market started with strong demand, with prices of apartments in communist-era prefab blocks...

Telco

MNB sets date for old HUF 10,000 bill withdrawal

The National Bank of Hungary (MNB) will withdraw old HUF 10,000 banknotes at the end of this year, a decree...

Pharma

Enmech Hungary invests HUF 6.4 bln in capacity expansion

Automotive parts manufacturer Enmech Hungary is investing HUF 6.4 billion in expanding production capacity at its base in Pécel on...

Deals

Microsoft Hungary names Mattheisen new general manager

Microsoft Hungary has announced the appointment of former Magyar Telekom CEO Christopher Mattheisen as general manager, effective March 4, 2019,...

Deals

Gerald Grace named Invitech CEO

Business IT solutions provider Invitech has announced the appointment of Gerald Grace as Chief Executive Officer. Gerald succeeds David Blunck,...

HR

Provident wins international HR award

Personal loans provider Provident Pénzügyi Zrt. was recognized as Top Employer 2019 by the Top Employers Institute on February 14...

Office Market

South Buda office market faces new challenges after 2018 changes

The South Buda office market went through drastic changes in 2018, with thousands of office areas vacated during the year,...

Sustainability

Skanska ends record year in CEE

Construction and development group Skanskaʼs commercial development business in the CEE region had a record year, selling nine buildings for...

Telco

AutoWallis Plans Regional Expansion After BSE Listing

Hungarian asset manager and automotive holding AutoWallis Nyrt. plans to double its revenues and carry out acquisitions in Central and...

Competition

Increased Productivity Offers Solution to Labor Crisis, at a Cost

With the labor shortage getting more acute, companies need to raise wages, which they can ultimately do by improving productivity,...

Office Market

Horizon Development Agrees Financing for Szervita Square

Horizon Development has signed a financing agreement with UniCredit Bank Hungary for the development of the mixed-use, 15,000 sqm Szervita...

Sustainability

Positive Fundamentals Expected to Continue

All property market sectors are recording positive demand fundamentals, with in excess of one million sqm of commercial real estate...

Deals

Automotive sector continues to drive industry in December

Production volume of Hungaryʼs automotive industry - accounting for about 27.1% of total manufacturing output - rose 9.9% year-on-year in...

Deals

Mátrai Erőmű books after-tax loss but pre-tax profit in 2018

Mátrai Erőmű, which operates Hungaryʼs second biggest power plant, booked a HUF 817 million loss last year because of a...

Construction

Construction output up 17.5% in December, 22.3% in 2018

The volume of construction output, based on raw data released by the Central Statistical Office (KSH), was 17.5% higher in...

Sustainability

Average panel flat price in capital up HUF 5 mln in a year

The year 2019 on the real estate market started with strong demand, with prices of apartments in communist-era prefab blocks...

MNB sets date for old HUF 10,000 bill withdrawal

The National Bank of Hungary (MNB) will withdraw old HUF 10,000 banknotes at the end of this year, a decree...

Enmech Hungary invests HUF 6.4 bln in capacity expansion

Automotive parts manufacturer Enmech Hungary is investing HUF 6.4 billion in expanding production capacity at its base in Pécel on...

Microsoft Hungary names Mattheisen new general manager

Microsoft Hungary has announced the appointment of former Magyar Telekom CEO Christopher Mattheisen as general manager, effective March 4, 2019,...

Gerald Grace named Invitech CEO

Business IT solutions provider Invitech has announced the appointment of Gerald Grace as Chief Executive Officer. Gerald succeeds David Blunck,...

Provident wins international HR award

Personal loans provider Provident Pénzügyi Zrt. was recognized as Top Employer 2019 by the Top Employers Institute on February 14...

South Buda office market faces new challenges after 2018 changes

The South Buda office market went through drastic changes in 2018, with thousands of office areas vacated during the year,...

Skanska ends record year in CEE

Construction and development group Skanskaʼs commercial development business in the CEE region had a record year, selling nine buildings for...

AutoWallis Plans Regional Expansion After BSE Listing

Hungarian asset manager and automotive holding AutoWallis Nyrt. plans to double its revenues and carry out acquisitions in Central and...

Increased Productivity Offers Solution to Labor Crisis, at a Cost

With the labor shortage getting more acute, companies need to raise wages, which they can ultimately do by improving productivity,...

Horizon Development Agrees Financing for Szervita Square

Horizon Development has signed a financing agreement with UniCredit Bank Hungary for the development of the mixed-use, 15,000 sqm Szervita...

Positive Fundamentals Expected to Continue

All property market sectors are recording positive demand fundamentals, with in excess of one million sqm of commercial real estate...

Automotive sector continues to drive industry in December

Production volume of Hungaryʼs automotive industry - accounting for about 27.1% of total manufacturing output - rose 9.9% year-on-year in...

Mátrai Erőmű books after-tax loss but pre-tax profit in 2018

Mátrai Erőmű, which operates Hungaryʼs second biggest power plant, booked a HUF 817 million loss last year because of a...

Construction output up 17.5% in December, 22.3% in 2018

The volume of construction output, based on raw data released by the Central Statistical Office (KSH), was 17.5% higher in...

Average panel flat price in capital up HUF 5 mln in a year

The year 2019 on the real estate market started with strong demand, with prices of apartments in communist-era prefab blocks...