Business

Deals

Hungarian M&A market value up 150% in 2017, says EY

The value of Hungarian mergers and acquisitions (M&As) rose 150% to USD 4 billion last year, data compiled by consultancy...

Industrial

Spar expands with new store in Tata

Austrian-owned supermarket chain Spar Magyarország is building a HUF 4.2 billion store in Tata (NW Hungary), Managing Director Gabriella Heiszler...

Automotive

Hungaryʼs Industrial output rises 6.9% in January

In January 2018, the volume of industrial output rose by 6.9% year-on-year, according to a first estimate of monthly data...

Deals

Konzum moves to BÉT Prime category, discloses acquisition

Listed holding company Konzum on Wednesday said it would acquire a number of tourism properties on Lake Balaton with the...

Office Market

Futureal Group, K&H Bank sign credit agreement

Property developer the Futureal Group has signed a credit agreement of EUR 34.2 million with K&H Bank in order to...

Telco

Deficit over third of full-year target at end of February

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 526.6 billion deficit at the end of February, show...

Incubators

Design Terminal starts spring Mentoring Program

The most innovative social impact startups have been chosen for the spring semester of Design Terminal’s Mentoring Program. A record...

Automotive

Arconic-Köfém gets tax benefit for HUF 35 bln capacity expansion

Automotive industry supplier Arconic-Köfém is investing HUF 35 billion in a 17,000 square-meter production hall in Székesfehérvár, (64 km southwest...

Retail

Nursery and working space set for Hungarian pilot program

Community office service provider Loffice has announced a new model for parents with small children, dubbed Coworkid. The new model...

Telco

Exports lift ANY revenue, but profit edges down

After-tax profits of Hungarian security printing company ANY Nyrt. edged down 3.2% to HUF 1.54 billion last year as margins...

Telco

Tender raises MNB FX swap stock to HUF 1,525 bln

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will rise about HUF 15 billion to...

Competition

The end of boring commercials?

With improvements in technology and marketing, companies have more options than ever before to put their messages across, as digitization...

Telco

Banksʼ retail lending stock edges up in January

The retail lending stock of Hungarian banks edged up HUF 4.3 billion to HUF 5.811 trillion in January from the...

Pharma

Hungarian retail sales rise 7.5% y-o-y in January

In January 2018, the volume of sales in retail shops, according to both raw and calendar-adjusted data, grew by 7.5%...

Telco

Corporate lending up over 10% in 2017

Hungarian banksʼ corporate lending stock rose a transaction-based HUF 615 billion, or 10.4%, in 2017, the National Bank of Hungary...

Deals

Hungarian M&A market value up 150% in 2017, says EY

The value of Hungarian mergers and acquisitions (M&As) rose 150% to USD 4 billion last year, data compiled by consultancy...

Industrial

Spar expands with new store in Tata

Austrian-owned supermarket chain Spar Magyarország is building a HUF 4.2 billion store in Tata (NW Hungary), Managing Director Gabriella Heiszler...

Automotive

Hungaryʼs Industrial output rises 6.9% in January

In January 2018, the volume of industrial output rose by 6.9% year-on-year, according to a first estimate of monthly data...

Deals

Konzum moves to BÉT Prime category, discloses acquisition

Listed holding company Konzum on Wednesday said it would acquire a number of tourism properties on Lake Balaton with the...

Office Market

Futureal Group, K&H Bank sign credit agreement

Property developer the Futureal Group has signed a credit agreement of EUR 34.2 million with K&H Bank in order to...

Telco

Deficit over third of full-year target at end of February

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 526.6 billion deficit at the end of February, show...

Incubators

Design Terminal starts spring Mentoring Program

The most innovative social impact startups have been chosen for the spring semester of Design Terminal’s Mentoring Program. A record...

Automotive

Arconic-Köfém gets tax benefit for HUF 35 bln capacity expansion

Automotive industry supplier Arconic-Köfém is investing HUF 35 billion in a 17,000 square-meter production hall in Székesfehérvár, (64 km southwest...

Retail

Nursery and working space set for Hungarian pilot program

Community office service provider Loffice has announced a new model for parents with small children, dubbed Coworkid. The new model...

Telco

Exports lift ANY revenue, but profit edges down

After-tax profits of Hungarian security printing company ANY Nyrt. edged down 3.2% to HUF 1.54 billion last year as margins...

Telco

Tender raises MNB FX swap stock to HUF 1,525 bln

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will rise about HUF 15 billion to...

Competition

The end of boring commercials?

With improvements in technology and marketing, companies have more options than ever before to put their messages across, as digitization...

Telco

Banksʼ retail lending stock edges up in January

The retail lending stock of Hungarian banks edged up HUF 4.3 billion to HUF 5.811 trillion in January from the...

Pharma

Hungarian retail sales rise 7.5% y-o-y in January

In January 2018, the volume of sales in retail shops, according to both raw and calendar-adjusted data, grew by 7.5%...

Telco

Corporate lending up over 10% in 2017

Hungarian banksʼ corporate lending stock rose a transaction-based HUF 615 billion, or 10.4%, in 2017, the National Bank of Hungary...

Hungarian M&A market value up 150% in 2017, says EY

The value of Hungarian mergers and acquisitions (M&As) rose 150% to USD 4 billion last year, data compiled by consultancy...

Spar expands with new store in Tata

Austrian-owned supermarket chain Spar Magyarország is building a HUF 4.2 billion store in Tata (NW Hungary), Managing Director Gabriella Heiszler...

Hungaryʼs Industrial output rises 6.9% in January

In January 2018, the volume of industrial output rose by 6.9% year-on-year, according to a first estimate of monthly data...

Konzum moves to BÉT Prime category, discloses acquisition

Listed holding company Konzum on Wednesday said it would acquire a number of tourism properties on Lake Balaton with the...

Futureal Group, K&H Bank sign credit agreement

Property developer the Futureal Group has signed a credit agreement of EUR 34.2 million with K&H Bank in order to...

Deficit over third of full-year target at end of February

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 526.6 billion deficit at the end of February, show...

Design Terminal starts spring Mentoring Program

The most innovative social impact startups have been chosen for the spring semester of Design Terminal’s Mentoring Program. A record...

Arconic-Köfém gets tax benefit for HUF 35 bln capacity expansion

Automotive industry supplier Arconic-Köfém is investing HUF 35 billion in a 17,000 square-meter production hall in Székesfehérvár, (64 km southwest...

Nursery and working space set for Hungarian pilot program

Community office service provider Loffice has announced a new model for parents with small children, dubbed Coworkid. The new model...

Exports lift ANY revenue, but profit edges down

After-tax profits of Hungarian security printing company ANY Nyrt. edged down 3.2% to HUF 1.54 billion last year as margins...

Tender raises MNB FX swap stock to HUF 1,525 bln

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will rise about HUF 15 billion to...

The end of boring commercials?

With improvements in technology and marketing, companies have more options than ever before to put their messages across, as digitization...

Banksʼ retail lending stock edges up in January

The retail lending stock of Hungarian banks edged up HUF 4.3 billion to HUF 5.811 trillion in January from the...

Hungarian retail sales rise 7.5% y-o-y in January

In January 2018, the volume of sales in retail shops, according to both raw and calendar-adjusted data, grew by 7.5%...

Corporate lending up over 10% in 2017

Hungarian banksʼ corporate lending stock rose a transaction-based HUF 615 billion, or 10.4%, in 2017, the National Bank of Hungary...