Business

Business

Peter Ahnesorg Appointed New Head of Roche Hungary’s Pharma Division

As of June 1, Peter Ahnesorg is the new head of Roche Hungary’s pharmaceuticals division, replacing Raffaella Claudia Bondi, who...

Automotive

AutoWallis Secures CEE Distribution Rights to EV Brand NIO

The AutoWallis Group has secured exclusive distribution rights for the electric NIO brand in the highest potential EV markets of...

Transport

Magyar Posta Achieves HUF 5 bln Pre-tax Profit in 2024

State-owned postal company Magyar Posta had an approximately HUF 5.2 billion pre-tax profit in 2024, the company told Hungarian news...

Telco

4iG Posts HUF 4.2 bln Adjusted Q1 Profit, up 10.9% y.o.y.

Net sales revenue at listed IT company 4iG rose 10.9% to HUF 171.5 billion in the first quarter of the...

Transport

Government Decides on Airport Rail Link

At a press comference held today, National Economy Minister Márton Nagy announced a government decision to build a EUR 1...

Logistics

Retro Jeans to set up Central Warehouse in HelloParks AN1 Hall

Hungarian fashion company Retro Jeans will be the first to move into HelloParks AN1, Hungary's largest speculative industrial building this...

Retail

Coop Group Turnover Increased to HUF 860 bln in 2024

Revenue of members of the Coop group of supermarkets rose by approximately 4% to HUF 860 billion last year, CO-OP...

Transport

BP Public Transport to Halt for 10 Minutes on Friday in Protest Over City’s Financial Struggles

Public transportation in the Hungarian capital will come to a standstill for 10 minutes this Friday, from 11:50 a.m. to...

Tech

Honor 400 Series Delivers Triple-Digit Sales Growth in Hungary

AI device ecosystem company Honor today announced early sales performance for its newly launched Honor 400 Series across the Hungarian...

Deals

MOL to Acquire Majority Stake in BME Operator

Hungarian oil and gas company MOL has made a HUF 50 billion purchase offer for state-owned BME Fenntartó, the operator...

Office Market

Office Concept Goes Thru Fundamental Changes

The office concept has undergone fundamental changes with the impact of hybrid working practices. That builds on complex demands and...

Office Market

Low Levels of Speculative Development in Budapest

Speculative office building in Budapest continues to fall as developers exercise caution in their development strategies. New projects are not...

Innovation

Microsoft Commits to Teach AI Hungarian Following GVH Probe

Microsoft is adopting a commitment package and will be developing its own AI-based systems using 10 billion Hungarian words, Hungary's...

Residential

Duna House Net Profit Climbs 34% in 1st Quarter of 2025

First-quarter net profit of listed real estate broker Duna House climbed 34% year-on-year to HUF 594 million, news wire MTI...

Manufacturing

Hungary’s Industrial Producer Prices Rise 7.9% in April, Decline Slightly from March

Hungarian industrial producer prices rose by 7.9% in April 2025 compared to the same month a year earlier, while edging...

Business

Peter Ahnesorg Appointed New Head of Roche Hungary’s Pharma Division

As of June 1, Peter Ahnesorg is the new head of Roche Hungary’s pharmaceuticals division, replacing Raffaella Claudia Bondi, who...

Automotive

AutoWallis Secures CEE Distribution Rights to EV Brand NIO

The AutoWallis Group has secured exclusive distribution rights for the electric NIO brand in the highest potential EV markets of...

Transport

Magyar Posta Achieves HUF 5 bln Pre-tax Profit in 2024

State-owned postal company Magyar Posta had an approximately HUF 5.2 billion pre-tax profit in 2024, the company told Hungarian news...

Telco

4iG Posts HUF 4.2 bln Adjusted Q1 Profit, up 10.9% y.o.y.

Net sales revenue at listed IT company 4iG rose 10.9% to HUF 171.5 billion in the first quarter of the...

Transport

Government Decides on Airport Rail Link

At a press comference held today, National Economy Minister Márton Nagy announced a government decision to build a EUR 1...

Logistics

Retro Jeans to set up Central Warehouse in HelloParks AN1 Hall

Hungarian fashion company Retro Jeans will be the first to move into HelloParks AN1, Hungary's largest speculative industrial building this...

Retail

Coop Group Turnover Increased to HUF 860 bln in 2024

Revenue of members of the Coop group of supermarkets rose by approximately 4% to HUF 860 billion last year, CO-OP...

Transport

BP Public Transport to Halt for 10 Minutes on Friday in Protest Over City’s Financial Struggles

Public transportation in the Hungarian capital will come to a standstill for 10 minutes this Friday, from 11:50 a.m. to...

Tech

Honor 400 Series Delivers Triple-Digit Sales Growth in Hungary

AI device ecosystem company Honor today announced early sales performance for its newly launched Honor 400 Series across the Hungarian...

Deals

MOL to Acquire Majority Stake in BME Operator

Hungarian oil and gas company MOL has made a HUF 50 billion purchase offer for state-owned BME Fenntartó, the operator...

Office Market

Office Concept Goes Thru Fundamental Changes

The office concept has undergone fundamental changes with the impact of hybrid working practices. That builds on complex demands and...

Office Market

Low Levels of Speculative Development in Budapest

Speculative office building in Budapest continues to fall as developers exercise caution in their development strategies. New projects are not...

Innovation

Microsoft Commits to Teach AI Hungarian Following GVH Probe

Microsoft is adopting a commitment package and will be developing its own AI-based systems using 10 billion Hungarian words, Hungary's...

Residential

Duna House Net Profit Climbs 34% in 1st Quarter of 2025

First-quarter net profit of listed real estate broker Duna House climbed 34% year-on-year to HUF 594 million, news wire MTI...

Manufacturing

Hungary’s Industrial Producer Prices Rise 7.9% in April, Decline Slightly from March

Hungarian industrial producer prices rose by 7.9% in April 2025 compared to the same month a year earlier, while edging...

Peter Ahnesorg Appointed New Head of Roche Hungary’s Pharma Division

As of June 1, Peter Ahnesorg is the new head of Roche Hungary’s pharmaceuticals division, replacing Raffaella Claudia Bondi, who...

AutoWallis Secures CEE Distribution Rights to EV Brand NIO

The AutoWallis Group has secured exclusive distribution rights for the electric NIO brand in the highest potential EV markets of...

Magyar Posta Achieves HUF 5 bln Pre-tax Profit in 2024

State-owned postal company Magyar Posta had an approximately HUF 5.2 billion pre-tax profit in 2024, the company told Hungarian news...

4iG Posts HUF 4.2 bln Adjusted Q1 Profit, up 10.9% y.o.y.

Net sales revenue at listed IT company 4iG rose 10.9% to HUF 171.5 billion in the first quarter of the...

Government Decides on Airport Rail Link

At a press comference held today, National Economy Minister Márton Nagy announced a government decision to build a EUR 1...

Retro Jeans to set up Central Warehouse in HelloParks AN1 Hall

Hungarian fashion company Retro Jeans will be the first to move into HelloParks AN1, Hungary's largest speculative industrial building this...

Coop Group Turnover Increased to HUF 860 bln in 2024

Revenue of members of the Coop group of supermarkets rose by approximately 4% to HUF 860 billion last year, CO-OP...

BP Public Transport to Halt for 10 Minutes on Friday in Protest Over City’s Financial Struggles

Public transportation in the Hungarian capital will come to a standstill for 10 minutes this Friday, from 11:50 a.m. to...

Honor 400 Series Delivers Triple-Digit Sales Growth in Hungary

AI device ecosystem company Honor today announced early sales performance for its newly launched Honor 400 Series across the Hungarian...

MOL to Acquire Majority Stake in BME Operator

Hungarian oil and gas company MOL has made a HUF 50 billion purchase offer for state-owned BME Fenntartó, the operator...

Office Concept Goes Thru Fundamental Changes

The office concept has undergone fundamental changes with the impact of hybrid working practices. That builds on complex demands and...

Low Levels of Speculative Development in Budapest

Speculative office building in Budapest continues to fall as developers exercise caution in their development strategies. New projects are not...

Microsoft Commits to Teach AI Hungarian Following GVH Probe

Microsoft is adopting a commitment package and will be developing its own AI-based systems using 10 billion Hungarian words, Hungary's...

Duna House Net Profit Climbs 34% in 1st Quarter of 2025

First-quarter net profit of listed real estate broker Duna House climbed 34% year-on-year to HUF 594 million, news wire MTI...

Hungary’s Industrial Producer Prices Rise 7.9% in April, Decline Slightly from March

Hungarian industrial producer prices rose by 7.9% in April 2025 compared to the same month a year earlier, while edging...