Business

Telco

Insurersʼ premium revenues climb 8% in Q1

First-quarter revenue from premiums of Hungarian insurers rose 8% year-on-year to HUF 275.6 billion, fresh data compiled by the National...

Pharma

Tom-Ferr builds HUF 2.1 bln pipe factory in Tata

Hungarian-owned Tom-Ferr is building a HUF 2.1 billion factory to produce automotive pipes, to be located beside its existing site...

Automotive

Daimler breaks ground for second plant in Hungary

German carmaker Daimler laid the cornerstone of a EUR 1 billion plant at its base in Kecskemét (92 km southeast...

Automotive

MNB clears Wallis buyout offer for Altera shares

The National Bank of Hungary (MNB) on Tuesday approved a mandatory public purchase offer for the outstanding shares of holding...

Deals

Become a gastronomy connoisseur in one year

The Culinary Institute of Europe is launching a one-year professional culinary arts training program. Registration is now open for the...

Retail

Retail sales increase 4.3% in April

Retail sales in Hungary rose 4.3% year-on-year in April, the Central Statistical Office (KSH) said in a first reading of...

Competition

Stock Markets and Cryptocurrencies

With current market capitalization of around USD 377 billion, Bitcoin and other cryptocurrencies cannot be ignored anymore. While institutional investors...

Deals

Plotinus launches share buyback ahead of delisting

Holding company Plotinus announced on Monday the launch of a share buyback program as part of the gradual delisting of...

Deals

Opus Global to secure majority in KALL Ingredients

Holding company Konzum said Tuesday it has agreed to acquire a 45% stake in KALL Ingredients, and to transfer the...

Telco

Collected taxes increased in 2017

Revenues handled by Hungaryʼs National Tax and Customs Administration (NAV) amounted to HUF 13.401 trillion last year, a 4.8% increase...

Transport

Wizz Air fleet at Budapest reaches 100 aircraft

Hungarian low-cost airline Wizz Air added the 100th aircraft to its fleet in Budapest on Monday. Wizz Air has committed...

Telco

Banks see similar rises in corporate, retail lending in April

Non-financial companies were net borrowers of HUF 51 billion in April, lifting Hungarian banksʼ corporate lending stock to HUF 6.78...

Industrial

Coloplast completes third phase of factory in Nyírbátor

A newly built production hall of Danish-owned medical products company Coloplast was inaugurated in Nyírbátor (265 km east of Budapest)...

Competition

CoE commissioner urges dropping of Stop Soros draft

The Hungarian Parliament will debate on Tuesday the draft bill dubbed “Stop Soros.” The stated aim of the law -...

Competition

German companies satisfied with Hungarian business environment

German companies operating in Central and Eastern Europe are satisfied with the economic situation, according to a recent study conducted...

Telco

Insurersʼ premium revenues climb 8% in Q1

First-quarter revenue from premiums of Hungarian insurers rose 8% year-on-year to HUF 275.6 billion, fresh data compiled by the National...

Pharma

Tom-Ferr builds HUF 2.1 bln pipe factory in Tata

Hungarian-owned Tom-Ferr is building a HUF 2.1 billion factory to produce automotive pipes, to be located beside its existing site...

Automotive

Daimler breaks ground for second plant in Hungary

German carmaker Daimler laid the cornerstone of a EUR 1 billion plant at its base in Kecskemét (92 km southeast...

Automotive

MNB clears Wallis buyout offer for Altera shares

The National Bank of Hungary (MNB) on Tuesday approved a mandatory public purchase offer for the outstanding shares of holding...

Deals

Become a gastronomy connoisseur in one year

The Culinary Institute of Europe is launching a one-year professional culinary arts training program. Registration is now open for the...

Retail

Retail sales increase 4.3% in April

Retail sales in Hungary rose 4.3% year-on-year in April, the Central Statistical Office (KSH) said in a first reading of...

Competition

Stock Markets and Cryptocurrencies

With current market capitalization of around USD 377 billion, Bitcoin and other cryptocurrencies cannot be ignored anymore. While institutional investors...

Deals

Plotinus launches share buyback ahead of delisting

Holding company Plotinus announced on Monday the launch of a share buyback program as part of the gradual delisting of...

Deals

Opus Global to secure majority in KALL Ingredients

Holding company Konzum said Tuesday it has agreed to acquire a 45% stake in KALL Ingredients, and to transfer the...

Telco

Collected taxes increased in 2017

Revenues handled by Hungaryʼs National Tax and Customs Administration (NAV) amounted to HUF 13.401 trillion last year, a 4.8% increase...

Transport

Wizz Air fleet at Budapest reaches 100 aircraft

Hungarian low-cost airline Wizz Air added the 100th aircraft to its fleet in Budapest on Monday. Wizz Air has committed...

Telco

Banks see similar rises in corporate, retail lending in April

Non-financial companies were net borrowers of HUF 51 billion in April, lifting Hungarian banksʼ corporate lending stock to HUF 6.78...

Industrial

Coloplast completes third phase of factory in Nyírbátor

A newly built production hall of Danish-owned medical products company Coloplast was inaugurated in Nyírbátor (265 km east of Budapest)...

Competition

CoE commissioner urges dropping of Stop Soros draft

The Hungarian Parliament will debate on Tuesday the draft bill dubbed “Stop Soros.” The stated aim of the law -...

Competition

German companies satisfied with Hungarian business environment

German companies operating in Central and Eastern Europe are satisfied with the economic situation, according to a recent study conducted...

Insurersʼ premium revenues climb 8% in Q1

First-quarter revenue from premiums of Hungarian insurers rose 8% year-on-year to HUF 275.6 billion, fresh data compiled by the National...

Tom-Ferr builds HUF 2.1 bln pipe factory in Tata

Hungarian-owned Tom-Ferr is building a HUF 2.1 billion factory to produce automotive pipes, to be located beside its existing site...

Daimler breaks ground for second plant in Hungary

German carmaker Daimler laid the cornerstone of a EUR 1 billion plant at its base in Kecskemét (92 km southeast...

MNB clears Wallis buyout offer for Altera shares

The National Bank of Hungary (MNB) on Tuesday approved a mandatory public purchase offer for the outstanding shares of holding...

Become a gastronomy connoisseur in one year

The Culinary Institute of Europe is launching a one-year professional culinary arts training program. Registration is now open for the...

Retail sales increase 4.3% in April

Retail sales in Hungary rose 4.3% year-on-year in April, the Central Statistical Office (KSH) said in a first reading of...

Stock Markets and Cryptocurrencies

With current market capitalization of around USD 377 billion, Bitcoin and other cryptocurrencies cannot be ignored anymore. While institutional investors...

Plotinus launches share buyback ahead of delisting

Holding company Plotinus announced on Monday the launch of a share buyback program as part of the gradual delisting of...

Opus Global to secure majority in KALL Ingredients

Holding company Konzum said Tuesday it has agreed to acquire a 45% stake in KALL Ingredients, and to transfer the...

Collected taxes increased in 2017

Revenues handled by Hungaryʼs National Tax and Customs Administration (NAV) amounted to HUF 13.401 trillion last year, a 4.8% increase...

Wizz Air fleet at Budapest reaches 100 aircraft

Hungarian low-cost airline Wizz Air added the 100th aircraft to its fleet in Budapest on Monday. Wizz Air has committed...

Banks see similar rises in corporate, retail lending in April

Non-financial companies were net borrowers of HUF 51 billion in April, lifting Hungarian banksʼ corporate lending stock to HUF 6.78...

Coloplast completes third phase of factory in Nyírbátor

A newly built production hall of Danish-owned medical products company Coloplast was inaugurated in Nyírbátor (265 km east of Budapest)...

CoE commissioner urges dropping of Stop Soros draft

The Hungarian Parliament will debate on Tuesday the draft bill dubbed “Stop Soros.” The stated aim of the law -...

German companies satisfied with Hungarian business environment

German companies operating in Central and Eastern Europe are satisfied with the economic situation, according to a recent study conducted...