Business

Transport

Ferenc Tóth wins Glider Aerobatic Champs for 5th time

Hungarian Wizz Air pilot Ferenc Tóth received the gold medal, becoming world champion for the fifth time at this yearʼs...

Deals

Holiday house market booming

The holiday houses market (covering dwellings used mainly on weekends for recreational purposes), has not expanded significantly until now. But...

Competition

Budapest ranked 70 out of 90 among best cities for tech lovers

According to a survey by U.K. industrial component supplier RS Components, Budapest ranked 70th out of 90 cities on a...

Telco

Provisions release raises CIB Bank profit

Consolidated first-half after-tax profit of CIB Bank, the local unit of Italyʼs Intesa Sanpaolo banking group, rose 25% year-on-year to...

Competition

Vodafone to seek judicial review of NMHH decision

The local unit of U.K. telco Vodafone will request a judicial review of a decision by Hungaryʼs National Media and...

Pharma

Graphisoft Hungary sales up 30% in H1

First-half sales in Hungary of Graphisoft SE, which develops building information modeling (BIM) software products for architects, interior designers and...

Deals

Konzum Group acquires MKB employee shares

Listed holding company Konzum said on Monday that it would indirectly acquire a 9.62% stake in MKB Bank from the...

Deals

Hungarians increasingly shopping with bank cards

Hungarians are using their bank cards to make purchases more frequently, thanks in part to government subsidies for point-of-sale (POS)...

Logistics

Consumer, business confidence decline in August

Research institute GKIʼs Economic Sentiment Index, a combined gauge of consumer and business confidence, declined by 3.8 points to 6.7...

Telco

Retail chains expand, small shops suffer

The Hungarian unit of French retailer Auchan projects a more than 10% increase in net turnover this year, CEO Dominique...

Deals

Prime ministerʼs son-in-law expands business rapidly

Listed property holding company Appeninn announced on Thursday that Konzum Private Equity Fund has sold all its shares in Appeninn...

Deals

Prague to host Marketing to China conference

H8 Education & Consulting, the co-producer of an e-commerce series of events for managers and executives, has announced its Marketing...

Telco

GVH reduces fines on banks for cartel activity

The Hungarian Competition Authority (GVH) on Wednesday said it is fining eight banks in Hungary a total of nearly HUF...

Sustainability

Budapest home prices skyrocket year-on-year

Compared to August last year, home prices per square meter in Budapest have risen on average 20%, but there is...

Telco

Gross wage growth reaches 11.2% in June

In January–June 2018, average gross monthly earnings amounted to HUF 324,400 and average net earnings to HUF 215,700, both growing...

Transport

Ferenc Tóth wins Glider Aerobatic Champs for 5th time

Hungarian Wizz Air pilot Ferenc Tóth received the gold medal, becoming world champion for the fifth time at this yearʼs...

Deals

Holiday house market booming

The holiday houses market (covering dwellings used mainly on weekends for recreational purposes), has not expanded significantly until now. But...

Competition

Budapest ranked 70 out of 90 among best cities for tech lovers

According to a survey by U.K. industrial component supplier RS Components, Budapest ranked 70th out of 90 cities on a...

Telco

Provisions release raises CIB Bank profit

Consolidated first-half after-tax profit of CIB Bank, the local unit of Italyʼs Intesa Sanpaolo banking group, rose 25% year-on-year to...

Competition

Vodafone to seek judicial review of NMHH decision

The local unit of U.K. telco Vodafone will request a judicial review of a decision by Hungaryʼs National Media and...

Pharma

Graphisoft Hungary sales up 30% in H1

First-half sales in Hungary of Graphisoft SE, which develops building information modeling (BIM) software products for architects, interior designers and...

Deals

Konzum Group acquires MKB employee shares

Listed holding company Konzum said on Monday that it would indirectly acquire a 9.62% stake in MKB Bank from the...

Deals

Hungarians increasingly shopping with bank cards

Hungarians are using their bank cards to make purchases more frequently, thanks in part to government subsidies for point-of-sale (POS)...

Logistics

Consumer, business confidence decline in August

Research institute GKIʼs Economic Sentiment Index, a combined gauge of consumer and business confidence, declined by 3.8 points to 6.7...

Telco

Retail chains expand, small shops suffer

The Hungarian unit of French retailer Auchan projects a more than 10% increase in net turnover this year, CEO Dominique...

Deals

Prime ministerʼs son-in-law expands business rapidly

Listed property holding company Appeninn announced on Thursday that Konzum Private Equity Fund has sold all its shares in Appeninn...

Deals

Prague to host Marketing to China conference

H8 Education & Consulting, the co-producer of an e-commerce series of events for managers and executives, has announced its Marketing...

Telco

GVH reduces fines on banks for cartel activity

The Hungarian Competition Authority (GVH) on Wednesday said it is fining eight banks in Hungary a total of nearly HUF...

Sustainability

Budapest home prices skyrocket year-on-year

Compared to August last year, home prices per square meter in Budapest have risen on average 20%, but there is...

Telco

Gross wage growth reaches 11.2% in June

In January–June 2018, average gross monthly earnings amounted to HUF 324,400 and average net earnings to HUF 215,700, both growing...

Ferenc Tóth wins Glider Aerobatic Champs for 5th time

Hungarian Wizz Air pilot Ferenc Tóth received the gold medal, becoming world champion for the fifth time at this yearʼs...

Holiday house market booming

The holiday houses market (covering dwellings used mainly on weekends for recreational purposes), has not expanded significantly until now. But...

Budapest ranked 70 out of 90 among best cities for tech lovers

According to a survey by U.K. industrial component supplier RS Components, Budapest ranked 70th out of 90 cities on a...

Provisions release raises CIB Bank profit

Consolidated first-half after-tax profit of CIB Bank, the local unit of Italyʼs Intesa Sanpaolo banking group, rose 25% year-on-year to...

Vodafone to seek judicial review of NMHH decision

The local unit of U.K. telco Vodafone will request a judicial review of a decision by Hungaryʼs National Media and...

Graphisoft Hungary sales up 30% in H1

First-half sales in Hungary of Graphisoft SE, which develops building information modeling (BIM) software products for architects, interior designers and...

Konzum Group acquires MKB employee shares

Listed holding company Konzum said on Monday that it would indirectly acquire a 9.62% stake in MKB Bank from the...

Hungarians increasingly shopping with bank cards

Hungarians are using their bank cards to make purchases more frequently, thanks in part to government subsidies for point-of-sale (POS)...

Consumer, business confidence decline in August

Research institute GKIʼs Economic Sentiment Index, a combined gauge of consumer and business confidence, declined by 3.8 points to 6.7...

Retail chains expand, small shops suffer

The Hungarian unit of French retailer Auchan projects a more than 10% increase in net turnover this year, CEO Dominique...

Prime ministerʼs son-in-law expands business rapidly

Listed property holding company Appeninn announced on Thursday that Konzum Private Equity Fund has sold all its shares in Appeninn...

Prague to host Marketing to China conference

H8 Education & Consulting, the co-producer of an e-commerce series of events for managers and executives, has announced its Marketing...

GVH reduces fines on banks for cartel activity

The Hungarian Competition Authority (GVH) on Wednesday said it is fining eight banks in Hungary a total of nearly HUF...

Budapest home prices skyrocket year-on-year

Compared to August last year, home prices per square meter in Budapest have risen on average 20%, but there is...

Gross wage growth reaches 11.2% in June

In January–June 2018, average gross monthly earnings amounted to HUF 324,400 and average net earnings to HUF 215,700, both growing...