Business

Industrial

New additions help close gap on warehouse market

With the Hungarian industrial and logistics market recording high demand for an increasingly limited supply of well-located, quality space, warehouse...

Retail

In executive search, family firms prefer to keep it in the family

Few owners of family businesses in Hungary consider selling their company when the issue of a generation shift arises within...

Telco

Hungaryʼs Tungsram eyes annual revenue of USD 1 bln in ten years

Jörg Bauer, who agreed in February to buy the lighting business of General Electric (GE) in the Middle East, Africa...

Telco

Kopint-Tárki leaves 2018 GDP growth forecast at 4.0%

Economic research institute Kopint-Tárki said on Wednesday it is leaving its forecast for Hungaryʼs GDP growth this year unchanged at...

Deals

Konzum to acquire hotels in Hungary and Austria

The board of listed holding company Konzum has approved the acquisition of a spa in Egerszalók (NE Hungary) and two...

Automotive

New car registrations climb 29% in March

New car registrations in Hungary climbed 28.5% from a year earlier to 12,748 in March 2018, mainly attributable to high...

Telco

Deficit 2% of GDP in 2017, preliminary data shows

The deficit of the general government sector in 2017 was HUF 746.3 billion, equivalent to 2% of GDP, according to...

Incubators

Blastoff startup contest open to applicants

Startups from Central and Eastern Europe have the opportunity to participate in one of the regionʼs largest startup competitions, with...

Telco

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of its monetary policy interest rate swaps (MIRS), designed to...

Deals

Lego sets, DIY tools best sellers in spring

As predicted before Easter, toy sales were significantly up over the holiday period, as online store Extreme Digital registered significant...

Telco

Bosch to expand transport R&D campus in Budapest

The local unit of German engineering giant Bosch will start building a new transport R&D center in Budapest in the...

Office Market

Budapest commercial property rents on the rise

Over a two-year period until the end of 2017, typical rents for commercial properties in Budapest increased by more than...

Deals

Ballooning revenues lift Konzum consolidated profits

Listed holding company Konzumʼs consolidated net profit jumped to HUF 10.3 billion last year, up from a paltry HUF 50...

Telco

Opus Global 2017 after-tax profit reaches HUF 6 bln

After-tax profit of listed holding company Opus Global reached HUF 6.0 billion last year, improving over a HUF 0.9 bln...

Retail

Blaha Lujza tér set for major facelift

The Municipality of Budapest has set aside HUF 1.8 billion from its budget for the renovation of the busy thoroughfare...

Industrial

New additions help close gap on warehouse market

With the Hungarian industrial and logistics market recording high demand for an increasingly limited supply of well-located, quality space, warehouse...

Retail

In executive search, family firms prefer to keep it in the family

Few owners of family businesses in Hungary consider selling their company when the issue of a generation shift arises within...

Telco

Hungaryʼs Tungsram eyes annual revenue of USD 1 bln in ten years

Jörg Bauer, who agreed in February to buy the lighting business of General Electric (GE) in the Middle East, Africa...

Telco

Kopint-Tárki leaves 2018 GDP growth forecast at 4.0%

Economic research institute Kopint-Tárki said on Wednesday it is leaving its forecast for Hungaryʼs GDP growth this year unchanged at...

Deals

Konzum to acquire hotels in Hungary and Austria

The board of listed holding company Konzum has approved the acquisition of a spa in Egerszalók (NE Hungary) and two...

Automotive

New car registrations climb 29% in March

New car registrations in Hungary climbed 28.5% from a year earlier to 12,748 in March 2018, mainly attributable to high...

Telco

Deficit 2% of GDP in 2017, preliminary data shows

The deficit of the general government sector in 2017 was HUF 746.3 billion, equivalent to 2% of GDP, according to...

Incubators

Blastoff startup contest open to applicants

Startups from Central and Eastern Europe have the opportunity to participate in one of the regionʼs largest startup competitions, with...

Telco

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of its monetary policy interest rate swaps (MIRS), designed to...

Deals

Lego sets, DIY tools best sellers in spring

As predicted before Easter, toy sales were significantly up over the holiday period, as online store Extreme Digital registered significant...

Telco

Bosch to expand transport R&D campus in Budapest

The local unit of German engineering giant Bosch will start building a new transport R&D center in Budapest in the...

Office Market

Budapest commercial property rents on the rise

Over a two-year period until the end of 2017, typical rents for commercial properties in Budapest increased by more than...

Deals

Ballooning revenues lift Konzum consolidated profits

Listed holding company Konzumʼs consolidated net profit jumped to HUF 10.3 billion last year, up from a paltry HUF 50...

Telco

Opus Global 2017 after-tax profit reaches HUF 6 bln

After-tax profit of listed holding company Opus Global reached HUF 6.0 billion last year, improving over a HUF 0.9 bln...

Retail

Blaha Lujza tér set for major facelift

The Municipality of Budapest has set aside HUF 1.8 billion from its budget for the renovation of the busy thoroughfare...

New additions help close gap on warehouse market

With the Hungarian industrial and logistics market recording high demand for an increasingly limited supply of well-located, quality space, warehouse...

In executive search, family firms prefer to keep it in the family

Few owners of family businesses in Hungary consider selling their company when the issue of a generation shift arises within...

Hungaryʼs Tungsram eyes annual revenue of USD 1 bln in ten years

Jörg Bauer, who agreed in February to buy the lighting business of General Electric (GE) in the Middle East, Africa...

Kopint-Tárki leaves 2018 GDP growth forecast at 4.0%

Economic research institute Kopint-Tárki said on Wednesday it is leaving its forecast for Hungaryʼs GDP growth this year unchanged at...

Konzum to acquire hotels in Hungary and Austria

The board of listed holding company Konzum has approved the acquisition of a spa in Egerszalók (NE Hungary) and two...

New car registrations climb 29% in March

New car registrations in Hungary climbed 28.5% from a year earlier to 12,748 in March 2018, mainly attributable to high...

Deficit 2% of GDP in 2017, preliminary data shows

The deficit of the general government sector in 2017 was HUF 746.3 billion, equivalent to 2% of GDP, according to...

Blastoff startup contest open to applicants

Startups from Central and Eastern Europe have the opportunity to participate in one of the regionʼs largest startup competitions, with...

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of its monetary policy interest rate swaps (MIRS), designed to...

Lego sets, DIY tools best sellers in spring

As predicted before Easter, toy sales were significantly up over the holiday period, as online store Extreme Digital registered significant...

Bosch to expand transport R&D campus in Budapest

The local unit of German engineering giant Bosch will start building a new transport R&D center in Budapest in the...

Budapest commercial property rents on the rise

Over a two-year period until the end of 2017, typical rents for commercial properties in Budapest increased by more than...

Ballooning revenues lift Konzum consolidated profits

Listed holding company Konzumʼs consolidated net profit jumped to HUF 10.3 billion last year, up from a paltry HUF 50...

Opus Global 2017 after-tax profit reaches HUF 6 bln

After-tax profit of listed holding company Opus Global reached HUF 6.0 billion last year, improving over a HUF 0.9 bln...

Blaha Lujza tér set for major facelift

The Municipality of Budapest has set aside HUF 1.8 billion from its budget for the renovation of the busy thoroughfare...