Business

Deals

Audi Hungaria union forms strike committee

The Audi Hungaria Independent Trade Union (AHFSZ) has formed a strike committee after failing to reach an agreement on wage...

Deals

IKEA Hungary turnover climbs more than 23%

IKEA Hungaryʼs net revenues rose 23.3% to HUF 75.5 billion in its business year ending August 31, 2018, the Swedish...

Pharma

Ceva-Phylaxia to build HUF 8.2 bln animal vaccine base

French-owned veterinary health company Ceva-Phylaxia Oltóanyagtermelő will spend some HUF 8.2 billion to build a vaccine plant and R&D base...

Construction

Construction sector output jumps 27.3% in November

Output of Hungaryʼs construction sector climbed 27.3% year-on-year in November, according to raw data released by the Central Statistical Office...

Incubators

Application open for Design Terminalʼs spring mentor program

Design Terminal has announced the opening of the application process for its spring mentoring program, looking for startups that are...

Sustainability

Futureal sells Kaiserslautern apartment portfolio

Hungarian-owned CEE real estate developer the Futureal Group is selling its residential portfolio in Kaiserslautern, SW Germany, to a Switzerland-listed...

Deals

László Szíjj secures 32.9% stake in MKB Bank

László Szíjj, the owner of construction company Duna Aszfalt, has acquired a 32.9% stake in MKB Bank that was indirectly...

Transport

Wizz Air announces 8 new routes from Macedonia

As of March and July this year, low-cost airline Wizz Air will start operating eight new routes from Macedonia’s capital...

Telco

Banking sector liquidity up, 3-month depos phased out in Dec

Forint liquidity of Hungaryʼs banking sector rose in December 2018 from a month earlier, which was mainly reflected in the...

Sustainability

Cordia takes HUF 16.3 bln loans for residential projects

Futureal Groupʼs residential developer Cordia has announced the conclusion of loans worth HUF 16.3 billion with OTP Bank and Takarékbank,...

Competition

CEE, Hungary a few steps behind in blockchain tech: Deloitte

The majority of company leaders say that the utilization of blockchain technology in business provides a clear competitive edge, yet...

Automotive

Nestlé Romania to close plant, move production to Hungary

Nestlé Romania  has announced that it will start procedures to close down its production unit in Timisoara by May 2019,...

Deals

SEE Property Forum 2019 to be held in Bucharest

This yearʼs SEE Property Forum will be held in Radisson Blue Hotel Bucharest, Romania between March 20-21 with more than...

Ecosystem

MOL signs cooperation agreement with BME

The Budapest University of Technology and Economics (BME) and Hungarian oil and gas giant MOL concluded a strategic agreement on...

Deals

Bem cinema screens ‘Leaving Las Vegas’

Directed by Mike Figgis, and starring Nicolas Cage, “Leaving Las Vegas” is on the screen in Bem cinema with English...

Deals

Audi Hungaria union forms strike committee

The Audi Hungaria Independent Trade Union (AHFSZ) has formed a strike committee after failing to reach an agreement on wage...

Deals

IKEA Hungary turnover climbs more than 23%

IKEA Hungaryʼs net revenues rose 23.3% to HUF 75.5 billion in its business year ending August 31, 2018, the Swedish...

Pharma

Ceva-Phylaxia to build HUF 8.2 bln animal vaccine base

French-owned veterinary health company Ceva-Phylaxia Oltóanyagtermelő will spend some HUF 8.2 billion to build a vaccine plant and R&D base...

Construction

Construction sector output jumps 27.3% in November

Output of Hungaryʼs construction sector climbed 27.3% year-on-year in November, according to raw data released by the Central Statistical Office...

Incubators

Application open for Design Terminalʼs spring mentor program

Design Terminal has announced the opening of the application process for its spring mentoring program, looking for startups that are...

Sustainability

Futureal sells Kaiserslautern apartment portfolio

Hungarian-owned CEE real estate developer the Futureal Group is selling its residential portfolio in Kaiserslautern, SW Germany, to a Switzerland-listed...

Deals

László Szíjj secures 32.9% stake in MKB Bank

László Szíjj, the owner of construction company Duna Aszfalt, has acquired a 32.9% stake in MKB Bank that was indirectly...

Transport

Wizz Air announces 8 new routes from Macedonia

As of March and July this year, low-cost airline Wizz Air will start operating eight new routes from Macedonia’s capital...

Telco

Banking sector liquidity up, 3-month depos phased out in Dec

Forint liquidity of Hungaryʼs banking sector rose in December 2018 from a month earlier, which was mainly reflected in the...

Sustainability

Cordia takes HUF 16.3 bln loans for residential projects

Futureal Groupʼs residential developer Cordia has announced the conclusion of loans worth HUF 16.3 billion with OTP Bank and Takarékbank,...

Competition

CEE, Hungary a few steps behind in blockchain tech: Deloitte

The majority of company leaders say that the utilization of blockchain technology in business provides a clear competitive edge, yet...

Automotive

Nestlé Romania to close plant, move production to Hungary

Nestlé Romania  has announced that it will start procedures to close down its production unit in Timisoara by May 2019,...

Deals

SEE Property Forum 2019 to be held in Bucharest

This yearʼs SEE Property Forum will be held in Radisson Blue Hotel Bucharest, Romania between March 20-21 with more than...

Ecosystem

MOL signs cooperation agreement with BME

The Budapest University of Technology and Economics (BME) and Hungarian oil and gas giant MOL concluded a strategic agreement on...

Deals

Bem cinema screens ‘Leaving Las Vegas’

Directed by Mike Figgis, and starring Nicolas Cage, “Leaving Las Vegas” is on the screen in Bem cinema with English...

Audi Hungaria union forms strike committee

The Audi Hungaria Independent Trade Union (AHFSZ) has formed a strike committee after failing to reach an agreement on wage...

IKEA Hungary turnover climbs more than 23%

IKEA Hungaryʼs net revenues rose 23.3% to HUF 75.5 billion in its business year ending August 31, 2018, the Swedish...

Ceva-Phylaxia to build HUF 8.2 bln animal vaccine base

French-owned veterinary health company Ceva-Phylaxia Oltóanyagtermelő will spend some HUF 8.2 billion to build a vaccine plant and R&D base...

Construction sector output jumps 27.3% in November

Output of Hungaryʼs construction sector climbed 27.3% year-on-year in November, according to raw data released by the Central Statistical Office...

Application open for Design Terminalʼs spring mentor program

Design Terminal has announced the opening of the application process for its spring mentoring program, looking for startups that are...

Futureal sells Kaiserslautern apartment portfolio

Hungarian-owned CEE real estate developer the Futureal Group is selling its residential portfolio in Kaiserslautern, SW Germany, to a Switzerland-listed...

László Szíjj secures 32.9% stake in MKB Bank

László Szíjj, the owner of construction company Duna Aszfalt, has acquired a 32.9% stake in MKB Bank that was indirectly...

Wizz Air announces 8 new routes from Macedonia

As of March and July this year, low-cost airline Wizz Air will start operating eight new routes from Macedonia’s capital...

Banking sector liquidity up, 3-month depos phased out in Dec

Forint liquidity of Hungaryʼs banking sector rose in December 2018 from a month earlier, which was mainly reflected in the...

Cordia takes HUF 16.3 bln loans for residential projects

Futureal Groupʼs residential developer Cordia has announced the conclusion of loans worth HUF 16.3 billion with OTP Bank and Takarékbank,...

CEE, Hungary a few steps behind in blockchain tech: Deloitte

The majority of company leaders say that the utilization of blockchain technology in business provides a clear competitive edge, yet...

Nestlé Romania to close plant, move production to Hungary

Nestlé Romania  has announced that it will start procedures to close down its production unit in Timisoara by May 2019,...

SEE Property Forum 2019 to be held in Bucharest

This yearʼs SEE Property Forum will be held in Radisson Blue Hotel Bucharest, Romania between March 20-21 with more than...

MOL signs cooperation agreement with BME

The Budapest University of Technology and Economics (BME) and Hungarian oil and gas giant MOL concluded a strategic agreement on...

Bem cinema screens ‘Leaving Las Vegas’

Directed by Mike Figgis, and starring Nicolas Cage, “Leaving Las Vegas” is on the screen in Bem cinema with English...