Business

Sustainability

OTP Real Estate Buys Corvin Promenade Office Portfolio

Futureal Group has sold its portfolio of Corvin office buildings to the Hungarian OTP Real Estate Investment Fund. The transaction...

Deals

HungaroControl: Drone Industry on ‘Brink of a Revolution’

Drone technology stands a good chance of becoming a lucrative business in Hungary. However, for investors and industry players to...

Retail

Maform, Lift launch groundbreaking eVTOL aircraft

Budapest-based industrial design company Maform Design celebrated the launch of the world’s first ever multirotor eVTOL aircraft in association with...

Pharma

Linamar to create 250 jobs at Békéscsaba unit

Canadian-owned automotive firm Linamar Hungary will build a 10,000 square-meter production hall at its base in Békéscsaba (SE Hungary) for...

Telco

Hungarian banking sector liquidity up in November

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

Pharma

Nestlé grants Szerencsi branding rights for non-cocoa products

The local unit of Swiss food and drink giant Nestlé has transferred exclusive rights to use the "Szerencsi" brand for...

Retail

MOL opens family-friendly gas station

Hungarian oil and gas company MOL has opened a family-friendly gas station in Balatonföldvár, on the southern shore of Lake...

Retail

Starbucks to open three more units this year

U.S. coffee shop chain Starbucks is opening three more units in Hungary this year, bringing the total number of outlets...

Telco

MNB FX swap stock remains around HUF 2 tln

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.988 trillion...

Incubators

GE Healthcare, Hiventures partner to support startups

GE Healthcare, the healthcare division of General Electric, and Hiventures, the venture capital fund manager of the Hungarian Development Bank...

Automotive

Hungary farm sector output expands over 3% in 2018

Output of Hungaryʼs agricultural sector grew by 3.1% in 2018, according to a first estimate of the sectorʼs annual performance...

Telco

Impasse over minimum wage persists; overtime demo ahead

Employers and unions failed to reach an agreement on next yearʼs minimum wage rises at a meeting on Thursday, according...

Deals

KEG shares delisted from stock exchange

The Budapest Stock Exchange (BÉT) said on Monday that it is removing the ordinary shares of KEG Közép-európai Gázterminál Nyrt....

Sustainability

Fixed-rate home loans most popular, says OTP

Nine out of 10 home loans granted in September carried a fixed rate, according to data from OTP Bank, with...

Office Market

Atenorʼs Váci Greens Building F finds tenant

Insurance company NN Biztosító Zrt. has signed a 5,500 square-meter office lease agreement in the next building of Atenorʼs Váci...

Sustainability

OTP Real Estate Buys Corvin Promenade Office Portfolio

Futureal Group has sold its portfolio of Corvin office buildings to the Hungarian OTP Real Estate Investment Fund. The transaction...

Deals

HungaroControl: Drone Industry on ‘Brink of a Revolution’

Drone technology stands a good chance of becoming a lucrative business in Hungary. However, for investors and industry players to...

Retail

Maform, Lift launch groundbreaking eVTOL aircraft

Budapest-based industrial design company Maform Design celebrated the launch of the world’s first ever multirotor eVTOL aircraft in association with...

Pharma

Linamar to create 250 jobs at Békéscsaba unit

Canadian-owned automotive firm Linamar Hungary will build a 10,000 square-meter production hall at its base in Békéscsaba (SE Hungary) for...

Telco

Hungarian banking sector liquidity up in November

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

Pharma

Nestlé grants Szerencsi branding rights for non-cocoa products

The local unit of Swiss food and drink giant Nestlé has transferred exclusive rights to use the "Szerencsi" brand for...

Retail

MOL opens family-friendly gas station

Hungarian oil and gas company MOL has opened a family-friendly gas station in Balatonföldvár, on the southern shore of Lake...

Retail

Starbucks to open three more units this year

U.S. coffee shop chain Starbucks is opening three more units in Hungary this year, bringing the total number of outlets...

Telco

MNB FX swap stock remains around HUF 2 tln

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.988 trillion...

Incubators

GE Healthcare, Hiventures partner to support startups

GE Healthcare, the healthcare division of General Electric, and Hiventures, the venture capital fund manager of the Hungarian Development Bank...

Automotive

Hungary farm sector output expands over 3% in 2018

Output of Hungaryʼs agricultural sector grew by 3.1% in 2018, according to a first estimate of the sectorʼs annual performance...

Telco

Impasse over minimum wage persists; overtime demo ahead

Employers and unions failed to reach an agreement on next yearʼs minimum wage rises at a meeting on Thursday, according...

Deals

KEG shares delisted from stock exchange

The Budapest Stock Exchange (BÉT) said on Monday that it is removing the ordinary shares of KEG Közép-európai Gázterminál Nyrt....

Sustainability

Fixed-rate home loans most popular, says OTP

Nine out of 10 home loans granted in September carried a fixed rate, according to data from OTP Bank, with...

Office Market

Atenorʼs Váci Greens Building F finds tenant

Insurance company NN Biztosító Zrt. has signed a 5,500 square-meter office lease agreement in the next building of Atenorʼs Váci...

OTP Real Estate Buys Corvin Promenade Office Portfolio

Futureal Group has sold its portfolio of Corvin office buildings to the Hungarian OTP Real Estate Investment Fund. The transaction...

HungaroControl: Drone Industry on ‘Brink of a Revolution’

Drone technology stands a good chance of becoming a lucrative business in Hungary. However, for investors and industry players to...

Maform, Lift launch groundbreaking eVTOL aircraft

Budapest-based industrial design company Maform Design celebrated the launch of the world’s first ever multirotor eVTOL aircraft in association with...

Linamar to create 250 jobs at Békéscsaba unit

Canadian-owned automotive firm Linamar Hungary will build a 10,000 square-meter production hall at its base in Békéscsaba (SE Hungary) for...

Hungarian banking sector liquidity up in November

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

Nestlé grants Szerencsi branding rights for non-cocoa products

The local unit of Swiss food and drink giant Nestlé has transferred exclusive rights to use the "Szerencsi" brand for...

MOL opens family-friendly gas station

Hungarian oil and gas company MOL has opened a family-friendly gas station in Balatonföldvár, on the southern shore of Lake...

Starbucks to open three more units this year

U.S. coffee shop chain Starbucks is opening three more units in Hungary this year, bringing the total number of outlets...

MNB FX swap stock remains around HUF 2 tln

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.988 trillion...

GE Healthcare, Hiventures partner to support startups

GE Healthcare, the healthcare division of General Electric, and Hiventures, the venture capital fund manager of the Hungarian Development Bank...

Hungary farm sector output expands over 3% in 2018

Output of Hungaryʼs agricultural sector grew by 3.1% in 2018, according to a first estimate of the sectorʼs annual performance...

Impasse over minimum wage persists; overtime demo ahead

Employers and unions failed to reach an agreement on next yearʼs minimum wage rises at a meeting on Thursday, according...

KEG shares delisted from stock exchange

The Budapest Stock Exchange (BÉT) said on Monday that it is removing the ordinary shares of KEG Közép-európai Gázterminál Nyrt....

Fixed-rate home loans most popular, says OTP

Nine out of 10 home loans granted in September carried a fixed rate, according to data from OTP Bank, with...

Atenorʼs Váci Greens Building F finds tenant

Insurance company NN Biztosító Zrt. has signed a 5,500 square-meter office lease agreement in the next building of Atenorʼs Váci...