Business

Transport

Wizz Air starts ambitious expansion program

Hungarian low-cost carrier Wizz Air started "the biggest operational ramp-up across its network" yesterday, according to a statement released by...

Competition

Mobile subscription numbers edge down in 2017

There were 11.76 million mobile phone subscriptions in Hungary at the end of 2017, some 32,000 fewer than a year...

Deals

Men earn over 20% higher salaries than women in Hungary

According to data gathered from 13 European countries by international salary portal paylab.com to mark International Womenʼs Day on March...

Deals

OTP Real Estate Fund raises stake in Appeninn

Holding company Konzum on Monday said it sold 4.94% of the shares of property holding company Appeninn, more than two...

Ecosystem

CEU to establish satellite campus in Vienna

The Central European University (CEU) and the City of Vienna announced negotiations Monday on a memorandum of understanding that would...

Telco

MOL board proposes HUF 127.5 per-share dividend

The board of Hungarian oil and gas company MOL will propose payment of a HUF 127.5 dividend on last yearʼs...

Pharma

NI Hungary lays cornerstone of plant, service center

The local unit of U.S. measurement and automation company National Instruments (NI) laid the cornerstone of a HUF 5.44 billion...

Telco

CIB doubles after-tax profit in 2017

After-tax profit of Italian-owned banking group CIB more than doubled to HUF 24.6 billion last year, from HUF 12 bln...

Sustainability

No new homes in Budapest below HUF 20 mln

The continuous rise in real estate prices in Budapest is pushing buyers outside the capital city, where homes are somewhat...

Automotive

Koreaʼs SK Innovation breaks ground on battery plant

South Koreaʼs SK Innovation began construction last Thursday of a HUF 97.5 billion plant to make lithium batteries for electric...

Telco

Hungarian ICT sector revenues up 15% last year

Revenues of Hungaryʼs information and communications technology (ICT) sector rose 15% to HUF 3.137 trillion last year, a summary of...

Telco

Budapest Bank after-tax profit climbs 12% in 2017

State-owned Budapest Bankʼs after-tax profit rose 12% to HUF 14.6 billion last year, Chairman-CEO Koppány Lelfai said on Friday. Profits...

Pharma

Thyssenkrupp plant inaugurated with Hungarian government grant

A HUF 33.5 billion automotive parts plant in Jászfényszaru, 72 kilometers east of Budapest, was inaugurated by Thyssenkrupp Components Technology...

Pharma

Aldi expands intʼl IT support in Hungary

Declaring itself "extremely satisfied" with the quality of IT support in Hungary, German discount supermarket chain Aldi on Thursday said...

Office Market

Atenor hands over Váci Greens building ‘D’

Belgian real estate developer Atenor has delivered the fourth phase of its Váci Greens office complex, building "D." All four...

Transport

Wizz Air starts ambitious expansion program

Hungarian low-cost carrier Wizz Air started "the biggest operational ramp-up across its network" yesterday, according to a statement released by...

Competition

Mobile subscription numbers edge down in 2017

There were 11.76 million mobile phone subscriptions in Hungary at the end of 2017, some 32,000 fewer than a year...

Deals

Men earn over 20% higher salaries than women in Hungary

According to data gathered from 13 European countries by international salary portal paylab.com to mark International Womenʼs Day on March...

Deals

OTP Real Estate Fund raises stake in Appeninn

Holding company Konzum on Monday said it sold 4.94% of the shares of property holding company Appeninn, more than two...

Ecosystem

CEU to establish satellite campus in Vienna

The Central European University (CEU) and the City of Vienna announced negotiations Monday on a memorandum of understanding that would...

Telco

MOL board proposes HUF 127.5 per-share dividend

The board of Hungarian oil and gas company MOL will propose payment of a HUF 127.5 dividend on last yearʼs...

Pharma

NI Hungary lays cornerstone of plant, service center

The local unit of U.S. measurement and automation company National Instruments (NI) laid the cornerstone of a HUF 5.44 billion...

Telco

CIB doubles after-tax profit in 2017

After-tax profit of Italian-owned banking group CIB more than doubled to HUF 24.6 billion last year, from HUF 12 bln...

Sustainability

No new homes in Budapest below HUF 20 mln

The continuous rise in real estate prices in Budapest is pushing buyers outside the capital city, where homes are somewhat...

Automotive

Koreaʼs SK Innovation breaks ground on battery plant

South Koreaʼs SK Innovation began construction last Thursday of a HUF 97.5 billion plant to make lithium batteries for electric...

Telco

Hungarian ICT sector revenues up 15% last year

Revenues of Hungaryʼs information and communications technology (ICT) sector rose 15% to HUF 3.137 trillion last year, a summary of...

Telco

Budapest Bank after-tax profit climbs 12% in 2017

State-owned Budapest Bankʼs after-tax profit rose 12% to HUF 14.6 billion last year, Chairman-CEO Koppány Lelfai said on Friday. Profits...

Pharma

Thyssenkrupp plant inaugurated with Hungarian government grant

A HUF 33.5 billion automotive parts plant in Jászfényszaru, 72 kilometers east of Budapest, was inaugurated by Thyssenkrupp Components Technology...

Pharma

Aldi expands intʼl IT support in Hungary

Declaring itself "extremely satisfied" with the quality of IT support in Hungary, German discount supermarket chain Aldi on Thursday said...

Office Market

Atenor hands over Váci Greens building ‘D’

Belgian real estate developer Atenor has delivered the fourth phase of its Váci Greens office complex, building "D." All four...

Wizz Air starts ambitious expansion program

Hungarian low-cost carrier Wizz Air started "the biggest operational ramp-up across its network" yesterday, according to a statement released by...

Mobile subscription numbers edge down in 2017

There were 11.76 million mobile phone subscriptions in Hungary at the end of 2017, some 32,000 fewer than a year...

Men earn over 20% higher salaries than women in Hungary

According to data gathered from 13 European countries by international salary portal paylab.com to mark International Womenʼs Day on March...

OTP Real Estate Fund raises stake in Appeninn

Holding company Konzum on Monday said it sold 4.94% of the shares of property holding company Appeninn, more than two...

CEU to establish satellite campus in Vienna

The Central European University (CEU) and the City of Vienna announced negotiations Monday on a memorandum of understanding that would...

MOL board proposes HUF 127.5 per-share dividend

The board of Hungarian oil and gas company MOL will propose payment of a HUF 127.5 dividend on last yearʼs...

NI Hungary lays cornerstone of plant, service center

The local unit of U.S. measurement and automation company National Instruments (NI) laid the cornerstone of a HUF 5.44 billion...

CIB doubles after-tax profit in 2017

After-tax profit of Italian-owned banking group CIB more than doubled to HUF 24.6 billion last year, from HUF 12 bln...

No new homes in Budapest below HUF 20 mln

The continuous rise in real estate prices in Budapest is pushing buyers outside the capital city, where homes are somewhat...

Koreaʼs SK Innovation breaks ground on battery plant

South Koreaʼs SK Innovation began construction last Thursday of a HUF 97.5 billion plant to make lithium batteries for electric...

Hungarian ICT sector revenues up 15% last year

Revenues of Hungaryʼs information and communications technology (ICT) sector rose 15% to HUF 3.137 trillion last year, a summary of...

Budapest Bank after-tax profit climbs 12% in 2017

State-owned Budapest Bankʼs after-tax profit rose 12% to HUF 14.6 billion last year, Chairman-CEO Koppány Lelfai said on Friday. Profits...

Thyssenkrupp plant inaugurated with Hungarian government grant

A HUF 33.5 billion automotive parts plant in Jászfényszaru, 72 kilometers east of Budapest, was inaugurated by Thyssenkrupp Components Technology...

Aldi expands intʼl IT support in Hungary

Declaring itself "extremely satisfied" with the quality of IT support in Hungary, German discount supermarket chain Aldi on Thursday said...

Atenor hands over Váci Greens building ‘D’

Belgian real estate developer Atenor has delivered the fourth phase of its Váci Greens office complex, building "D." All four...