Business

Pharma

CPI Property Group announces Campona refurbishment

Luxembourg-based, Czech-owned real estate developer CPI Property Group today unveiled its new plans and projects at the international retail property...

Pharma

Egis invests HUF 8 bln in expanding production capacity

Drugmaker Egis, majority owned by Franceʼs Servier, is investing HUF 8 billion at its base in Körmend in western Hungary,...

Automotive

Automotive industry output falls almost 10% in September

Production volume of Hungaryʼs automotive industry declined 9.5% year-on-year in September, a detailed second reading of monthly data released by...

HR

HR and work discussion event at Loffice Budapest

Loffice and UniCredit have announced an event on HR and work-related topics, to take place in Loffice Budapest this Wednesday,...

Competition

Hungarian Healthcare: a Self-inflicted Coronary Attack

Ask a Hungarian about state healthcare and prepare for a tirade involving long operation waiting times, over-burdened staff and hospitals...

Retail

Raiffeisen names Ákos Jakab as head of corporates

Raiffeisen Bank Hungary has announced the appointment of Ákos Jakab as head of corporates, markets, and investment banking, according to...

Construction

Construction output up nearly 26% in September

The volume of construction output was 25.8% higher in September 2018 than a year earlier based on raw data, according...

Telco

Construction company Közgép sold to Duna Aszfalt

Businessman Zsolt Nyerges on Saturday announced the sale of construction firm Közgép to Duna Aszfalt, owned by László Szíjj, state...

Telco

MNB allocates HUF 20 bln of MIRS

The National Bank of Hungary (MNB) allocated HUF 20 billion of monetary policy interest rate swaps (MIRS) designed to flatten...

Competition

Edge Computing: The Disruption of Data Center Management

The data center sector has been transformed over the last ten years. In a decade, we’ve seen mass migration into...

Retail

AI: Control it or be Controlled

Governments and industry recognize that Artificial Intelligence (AI) is opening up transformational opportunities in all areas of human activity. At...

Telco

OTP earnings in Q3 up 8% year-on-year

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 8% year-on-year to HUF 85.9 billion as its...

Telco

Magyar Telekom Q3 profits fall as margins narrow

Third-quarter net income of Magyar Telekom fell an adjusted 23.3% year-on-year to HUF 13.9 billion as costs climbed faster than...

Automotive

Industrial output slips 0.6% in September

Industrial production edged down 0.6% year-on-year in September as there was one more working day in the base period, the...

Telco

Richter Q3 profit plunges as revenues drop

Third-quarter net income of Hungarian drugmaker Gedeon Richter fell 44.1% year-on-year to HUF 8.8 billion as revenues dropped and administrative...

Pharma

CPI Property Group announces Campona refurbishment

Luxembourg-based, Czech-owned real estate developer CPI Property Group today unveiled its new plans and projects at the international retail property...

Pharma

Egis invests HUF 8 bln in expanding production capacity

Drugmaker Egis, majority owned by Franceʼs Servier, is investing HUF 8 billion at its base in Körmend in western Hungary,...

Automotive

Automotive industry output falls almost 10% in September

Production volume of Hungaryʼs automotive industry declined 9.5% year-on-year in September, a detailed second reading of monthly data released by...

HR

HR and work discussion event at Loffice Budapest

Loffice and UniCredit have announced an event on HR and work-related topics, to take place in Loffice Budapest this Wednesday,...

Competition

Hungarian Healthcare: a Self-inflicted Coronary Attack

Ask a Hungarian about state healthcare and prepare for a tirade involving long operation waiting times, over-burdened staff and hospitals...

Retail

Raiffeisen names Ákos Jakab as head of corporates

Raiffeisen Bank Hungary has announced the appointment of Ákos Jakab as head of corporates, markets, and investment banking, according to...

Construction

Construction output up nearly 26% in September

The volume of construction output was 25.8% higher in September 2018 than a year earlier based on raw data, according...

Telco

Construction company Közgép sold to Duna Aszfalt

Businessman Zsolt Nyerges on Saturday announced the sale of construction firm Közgép to Duna Aszfalt, owned by László Szíjj, state...

Telco

MNB allocates HUF 20 bln of MIRS

The National Bank of Hungary (MNB) allocated HUF 20 billion of monetary policy interest rate swaps (MIRS) designed to flatten...

Competition

Edge Computing: The Disruption of Data Center Management

The data center sector has been transformed over the last ten years. In a decade, we’ve seen mass migration into...

Retail

AI: Control it or be Controlled

Governments and industry recognize that Artificial Intelligence (AI) is opening up transformational opportunities in all areas of human activity. At...

Telco

OTP earnings in Q3 up 8% year-on-year

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 8% year-on-year to HUF 85.9 billion as its...

Telco

Magyar Telekom Q3 profits fall as margins narrow

Third-quarter net income of Magyar Telekom fell an adjusted 23.3% year-on-year to HUF 13.9 billion as costs climbed faster than...

Automotive

Industrial output slips 0.6% in September

Industrial production edged down 0.6% year-on-year in September as there was one more working day in the base period, the...

Telco

Richter Q3 profit plunges as revenues drop

Third-quarter net income of Hungarian drugmaker Gedeon Richter fell 44.1% year-on-year to HUF 8.8 billion as revenues dropped and administrative...

CPI Property Group announces Campona refurbishment

Luxembourg-based, Czech-owned real estate developer CPI Property Group today unveiled its new plans and projects at the international retail property...

Egis invests HUF 8 bln in expanding production capacity

Drugmaker Egis, majority owned by Franceʼs Servier, is investing HUF 8 billion at its base in Körmend in western Hungary,...

Automotive industry output falls almost 10% in September

Production volume of Hungaryʼs automotive industry declined 9.5% year-on-year in September, a detailed second reading of monthly data released by...

HR and work discussion event at Loffice Budapest

Loffice and UniCredit have announced an event on HR and work-related topics, to take place in Loffice Budapest this Wednesday,...

Hungarian Healthcare: a Self-inflicted Coronary Attack

Ask a Hungarian about state healthcare and prepare for a tirade involving long operation waiting times, over-burdened staff and hospitals...

Raiffeisen names Ákos Jakab as head of corporates

Raiffeisen Bank Hungary has announced the appointment of Ákos Jakab as head of corporates, markets, and investment banking, according to...

Construction output up nearly 26% in September

The volume of construction output was 25.8% higher in September 2018 than a year earlier based on raw data, according...

Construction company Közgép sold to Duna Aszfalt

Businessman Zsolt Nyerges on Saturday announced the sale of construction firm Közgép to Duna Aszfalt, owned by László Szíjj, state...

MNB allocates HUF 20 bln of MIRS

The National Bank of Hungary (MNB) allocated HUF 20 billion of monetary policy interest rate swaps (MIRS) designed to flatten...

Edge Computing: The Disruption of Data Center Management

The data center sector has been transformed over the last ten years. In a decade, we’ve seen mass migration into...

AI: Control it or be Controlled

Governments and industry recognize that Artificial Intelligence (AI) is opening up transformational opportunities in all areas of human activity. At...

OTP earnings in Q3 up 8% year-on-year

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 8% year-on-year to HUF 85.9 billion as its...

Magyar Telekom Q3 profits fall as margins narrow

Third-quarter net income of Magyar Telekom fell an adjusted 23.3% year-on-year to HUF 13.9 billion as costs climbed faster than...

Industrial output slips 0.6% in September

Industrial production edged down 0.6% year-on-year in September as there was one more working day in the base period, the...

Richter Q3 profit plunges as revenues drop

Third-quarter net income of Hungarian drugmaker Gedeon Richter fell 44.1% year-on-year to HUF 8.8 billion as revenues dropped and administrative...