Business

Automotive

Suzuki leads new car sales in Hungary again

New car registrations in Hungary climbed 11% from a year earlier to 10,832 in December 2017. The most popular brand...

Transport

Budapest Airport renews contract with ParkCloud

Global online airport parking reservation provider ParkCloud has announced its contract renewal with Budapest Airport, following a lucrative two-year partnership....

Retail

KAJAHU is Food Together

Cruising in Budapest downtown, hungry city dwellers may stop by and discover a restaurant that looks like an ordinary one...

Retail

Netrisk.hu sold for EUR 56 mln

Hungarian online insurance broker Netrisk was sold in late December by Polish Enterprise Fund VI (PEF VI), a private equity...

Retail

Hungaryʼs Extreme Digital to launch courier service

With the continuous growth of online shopping, delivery is a growing challenge for online stores. Hungarian electronics webstore Extreme Digital...

Deals

Hungarian govʼt sells stake in Gránit Bank

The government has sold its stake in Granit Bank to the lenderʼs chairman-CEO Éva Hegedűs, Minister for National Economy Mihály...

Telco

Budapest Christmas fairs; a good business for exhibitors

Christmas fairs in Budapest are spectacular and a major tourist attraction in December. The organizers of the Christmas fair in...

Office Market

OTP LAB starts R&D activity in Váci 1

OTP Bank has set up a new, 450 square-meter research and development center in the historic downtown building of Váci...

Pharma

Serbia’s Pionir in talks to acquire Mondelez factory in Győr

Serbian confectionery group Pionir is in talks on the acquisition of a factory owned by U.S.-based food giant Mondelez in...

Telco

Advance payments on EU funding lift deficit

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,639.0 billion deficit by the end of November, lifted...

Industrial

Tesco plans to reduce store spaces in Hungary

Customers prefer fast shopping rather than roaming in huge spaces, and so Tesco plans to reduce its store spaces to...

Telco

Stock of 3-month deposits hits end-of-quarter target

The National Bank of Hungary (MNB) accepted HUF 25 billion of placements in its three-month deposits for banks at a...

Deals

Opus Global expands into alternative fuel

Listed holding company Opus Global said on the Budapest Stock Exchange on Wednesday that a company in which it has...

Telco

Wages in Hungary grow fast in 2017

In October 2017, average gross earnings amounted to HUF 295,800, 12.8% higher than a year earlier, the Central Statistical Office...

Deals

Konzum set to acquire majority in Appeninn Holding

Konzum Investment and Asset Management Nyrt., Konzum Private Equity Fund and Konzum Management Kft. are jointly set to acquire a...

Automotive

Suzuki leads new car sales in Hungary again

New car registrations in Hungary climbed 11% from a year earlier to 10,832 in December 2017. The most popular brand...

Transport

Budapest Airport renews contract with ParkCloud

Global online airport parking reservation provider ParkCloud has announced its contract renewal with Budapest Airport, following a lucrative two-year partnership....

Retail

KAJAHU is Food Together

Cruising in Budapest downtown, hungry city dwellers may stop by and discover a restaurant that looks like an ordinary one...

Retail

Netrisk.hu sold for EUR 56 mln

Hungarian online insurance broker Netrisk was sold in late December by Polish Enterprise Fund VI (PEF VI), a private equity...

Retail

Hungaryʼs Extreme Digital to launch courier service

With the continuous growth of online shopping, delivery is a growing challenge for online stores. Hungarian electronics webstore Extreme Digital...

Deals

Hungarian govʼt sells stake in Gránit Bank

The government has sold its stake in Granit Bank to the lenderʼs chairman-CEO Éva Hegedűs, Minister for National Economy Mihály...

Telco

Budapest Christmas fairs; a good business for exhibitors

Christmas fairs in Budapest are spectacular and a major tourist attraction in December. The organizers of the Christmas fair in...

Office Market

OTP LAB starts R&D activity in Váci 1

OTP Bank has set up a new, 450 square-meter research and development center in the historic downtown building of Váci...

Pharma

Serbia’s Pionir in talks to acquire Mondelez factory in Győr

Serbian confectionery group Pionir is in talks on the acquisition of a factory owned by U.S.-based food giant Mondelez in...

Telco

Advance payments on EU funding lift deficit

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,639.0 billion deficit by the end of November, lifted...

Industrial

Tesco plans to reduce store spaces in Hungary

Customers prefer fast shopping rather than roaming in huge spaces, and so Tesco plans to reduce its store spaces to...

Telco

Stock of 3-month deposits hits end-of-quarter target

The National Bank of Hungary (MNB) accepted HUF 25 billion of placements in its three-month deposits for banks at a...

Deals

Opus Global expands into alternative fuel

Listed holding company Opus Global said on the Budapest Stock Exchange on Wednesday that a company in which it has...

Telco

Wages in Hungary grow fast in 2017

In October 2017, average gross earnings amounted to HUF 295,800, 12.8% higher than a year earlier, the Central Statistical Office...

Deals

Konzum set to acquire majority in Appeninn Holding

Konzum Investment and Asset Management Nyrt., Konzum Private Equity Fund and Konzum Management Kft. are jointly set to acquire a...

Suzuki leads new car sales in Hungary again

New car registrations in Hungary climbed 11% from a year earlier to 10,832 in December 2017. The most popular brand...

Budapest Airport renews contract with ParkCloud

Global online airport parking reservation provider ParkCloud has announced its contract renewal with Budapest Airport, following a lucrative two-year partnership....

KAJAHU is Food Together

Cruising in Budapest downtown, hungry city dwellers may stop by and discover a restaurant that looks like an ordinary one...

Netrisk.hu sold for EUR 56 mln

Hungarian online insurance broker Netrisk was sold in late December by Polish Enterprise Fund VI (PEF VI), a private equity...

Hungaryʼs Extreme Digital to launch courier service

With the continuous growth of online shopping, delivery is a growing challenge for online stores. Hungarian electronics webstore Extreme Digital...

Hungarian govʼt sells stake in Gránit Bank

The government has sold its stake in Granit Bank to the lenderʼs chairman-CEO Éva Hegedűs, Minister for National Economy Mihály...

Budapest Christmas fairs; a good business for exhibitors

Christmas fairs in Budapest are spectacular and a major tourist attraction in December. The organizers of the Christmas fair in...

OTP LAB starts R&D activity in Váci 1

OTP Bank has set up a new, 450 square-meter research and development center in the historic downtown building of Váci...

Serbia’s Pionir in talks to acquire Mondelez factory in Győr

Serbian confectionery group Pionir is in talks on the acquisition of a factory owned by U.S.-based food giant Mondelez in...

Advance payments on EU funding lift deficit

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,639.0 billion deficit by the end of November, lifted...

Tesco plans to reduce store spaces in Hungary

Customers prefer fast shopping rather than roaming in huge spaces, and so Tesco plans to reduce its store spaces to...

Stock of 3-month deposits hits end-of-quarter target

The National Bank of Hungary (MNB) accepted HUF 25 billion of placements in its three-month deposits for banks at a...

Opus Global expands into alternative fuel

Listed holding company Opus Global said on the Budapest Stock Exchange on Wednesday that a company in which it has...

Wages in Hungary grow fast in 2017

In October 2017, average gross earnings amounted to HUF 295,800, 12.8% higher than a year earlier, the Central Statistical Office...

Konzum set to acquire majority in Appeninn Holding

Konzum Investment and Asset Management Nyrt., Konzum Private Equity Fund and Konzum Management Kft. are jointly set to acquire a...