Business

Retail

Franchiser Diego sees revenues climb 15% in 2017

Revenues of Hungary-based flooring and curtain retailer Diego rose 15% to HUF 18.8 billion last year, the company told state...

Sustainability

Resale home market slowing in Budapest

The real estate market outside Budapest continues to grow. This year homes put up for sale increased by 5% in...

Deals

Prologis receives logistics real estate award

Prologis has been named the strongest European real estate developer brand for 2018 in the “Logistics” category at the Real...

Sustainability

K&H Bank Q1 profit climbs 30%

First-quarter after-tax profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 30% year-on-year to HUF 12.9 billion. Profits...

Competition

Hungary up to 47th in IMD World Competitiveness Ranking

Hungary has moved up five spots to 47th place in this yearʼs IMD World Competitiveness Ranking. Hungaryʼs competitiveness was boosted...

Deals

MKB Bank set to list shares on bourse in 2019

MKB Bank plans to sell a stake of between 20% and 30% on the Budapest Stock Exchange (BÉT) next year...

Telco

Zwack board proposes HUF 1,050 per-share dividend

The board of spirits maker Zwack Unicum will propose to shareholders payment of a HUF 1,050 per-share dividend on earnings...

Transport

Wizz Air net profit up 22%

Hungarian low-cost airline Wizz Airʼs net profit rose 22% to EUR 275 million in the business year ending March 31,...

Telco

Bourse after-tax profit more than doubles

The Budapest Stock Exchange (BÉT) had after-tax profit of HUF 176.3 million in 2017, more than double the HUF 72.9...

Competition

CEOsʼ heads not yet sufficiently in clouds, study finds

Digitalization and the use of cloud services are priorities for many CEOs, but they have a hard time figuring out...

Telco

Average gross earnings up over 12% y-o-y in Q1

In March 2018, average gross monthly earnings of Hungarians amounted to HUF 331,500, a 11.3% increase year-on-year, the Central Statistical...

Ecosystem

SEED Business School partners with Dutch peer

From this autumn, students enrolling and completing the 18-month part-time MBA program at Budapestʼs SEED Business School will earn an...

Telco

MNB FX swap stock to rise after tender

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will rise to around HUF 1,899 billion...

Retail

Founder Baldauf exits CBA

László Baldauf, the co-founder and owner of local supermarket chain CBA, is selling his remaining share in the company, according...

Telco

Deficit close to 80% of 2018 target, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.0814 trillion deficit as of the end of April,...

Retail

Franchiser Diego sees revenues climb 15% in 2017

Revenues of Hungary-based flooring and curtain retailer Diego rose 15% to HUF 18.8 billion last year, the company told state...

Sustainability

Resale home market slowing in Budapest

The real estate market outside Budapest continues to grow. This year homes put up for sale increased by 5% in...

Deals

Prologis receives logistics real estate award

Prologis has been named the strongest European real estate developer brand for 2018 in the “Logistics” category at the Real...

Sustainability

K&H Bank Q1 profit climbs 30%

First-quarter after-tax profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 30% year-on-year to HUF 12.9 billion. Profits...

Competition

Hungary up to 47th in IMD World Competitiveness Ranking

Hungary has moved up five spots to 47th place in this yearʼs IMD World Competitiveness Ranking. Hungaryʼs competitiveness was boosted...

Deals

MKB Bank set to list shares on bourse in 2019

MKB Bank plans to sell a stake of between 20% and 30% on the Budapest Stock Exchange (BÉT) next year...

Telco

Zwack board proposes HUF 1,050 per-share dividend

The board of spirits maker Zwack Unicum will propose to shareholders payment of a HUF 1,050 per-share dividend on earnings...

Transport

Wizz Air net profit up 22%

Hungarian low-cost airline Wizz Airʼs net profit rose 22% to EUR 275 million in the business year ending March 31,...

Telco

Bourse after-tax profit more than doubles

The Budapest Stock Exchange (BÉT) had after-tax profit of HUF 176.3 million in 2017, more than double the HUF 72.9...

Competition

CEOsʼ heads not yet sufficiently in clouds, study finds

Digitalization and the use of cloud services are priorities for many CEOs, but they have a hard time figuring out...

Telco

Average gross earnings up over 12% y-o-y in Q1

In March 2018, average gross monthly earnings of Hungarians amounted to HUF 331,500, a 11.3% increase year-on-year, the Central Statistical...

Ecosystem

SEED Business School partners with Dutch peer

From this autumn, students enrolling and completing the 18-month part-time MBA program at Budapestʼs SEED Business School will earn an...

Telco

MNB FX swap stock to rise after tender

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will rise to around HUF 1,899 billion...

Retail

Founder Baldauf exits CBA

László Baldauf, the co-founder and owner of local supermarket chain CBA, is selling his remaining share in the company, according...

Telco

Deficit close to 80% of 2018 target, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.0814 trillion deficit as of the end of April,...

Franchiser Diego sees revenues climb 15% in 2017

Revenues of Hungary-based flooring and curtain retailer Diego rose 15% to HUF 18.8 billion last year, the company told state...

Resale home market slowing in Budapest

The real estate market outside Budapest continues to grow. This year homes put up for sale increased by 5% in...

Prologis receives logistics real estate award

Prologis has been named the strongest European real estate developer brand for 2018 in the “Logistics” category at the Real...

K&H Bank Q1 profit climbs 30%

First-quarter after-tax profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 30% year-on-year to HUF 12.9 billion. Profits...

Hungary up to 47th in IMD World Competitiveness Ranking

Hungary has moved up five spots to 47th place in this yearʼs IMD World Competitiveness Ranking. Hungaryʼs competitiveness was boosted...

MKB Bank set to list shares on bourse in 2019

MKB Bank plans to sell a stake of between 20% and 30% on the Budapest Stock Exchange (BÉT) next year...

Zwack board proposes HUF 1,050 per-share dividend

The board of spirits maker Zwack Unicum will propose to shareholders payment of a HUF 1,050 per-share dividend on earnings...

Wizz Air net profit up 22%

Hungarian low-cost airline Wizz Airʼs net profit rose 22% to EUR 275 million in the business year ending March 31,...

Bourse after-tax profit more than doubles

The Budapest Stock Exchange (BÉT) had after-tax profit of HUF 176.3 million in 2017, more than double the HUF 72.9...

CEOsʼ heads not yet sufficiently in clouds, study finds

Digitalization and the use of cloud services are priorities for many CEOs, but they have a hard time figuring out...

Average gross earnings up over 12% y-o-y in Q1

In March 2018, average gross monthly earnings of Hungarians amounted to HUF 331,500, a 11.3% increase year-on-year, the Central Statistical...

SEED Business School partners with Dutch peer

From this autumn, students enrolling and completing the 18-month part-time MBA program at Budapestʼs SEED Business School will earn an...

MNB FX swap stock to rise after tender

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will rise to around HUF 1,899 billion...

Founder Baldauf exits CBA

László Baldauf, the co-founder and owner of local supermarket chain CBA, is selling his remaining share in the company, according...

Deficit close to 80% of 2018 target, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.0814 trillion deficit as of the end of April,...