Business

Automotive

Mercedes-Benz Hungary Unit Net Sales Revenue Slips in 2024

Net sales revenue of the local unit of German car maker Mercedes-Benz fell EUR 904 million to EUR 4.171 billion...

Office Market

Design Must Meet Tenant Needs and ESG Demands

With changing office requirements for design and management to keep pace with the expectations of tenants and ESG regulations, developers...

Real Estate

DVM at 30: How the ‘Sum of Small Improvements’ Built a ‘Deeply Exciting’ Business

This year, DVM group marks the 30th anniversary of its foundation in Budapest in 1995. To mark the occasion, the...

Automotive

Rába Books Modest Profit in 1st Quarter as Revenue Falls

Listed Hungarian automotive industry company Raba had first-quarter after-tax profit of HUF 21 million, improving from a HUF 191 mln...

Office Market

Law Firm Wolf Theiss Sets up Office in Liget Center

International law firm Wolf Theiss is setting up its law office on almost 1,300 square meters in Liget Center Classic...

Retail

Gulyás: Gov’t Extends Markups Cap on Food Products Till Aug 31

The government has decided to extend a mandatory cap on markups for a range of food products until the end...

Innovation

Generative AI and Business: Massive Potential, Many Pitfalls

In a joint presentation to the British Chamber of Commerce, Andrea Belényi and Endre Várady, partners at law firm VJT...

Innovation

Bay Voucher Helps Bridge gap Between Idea and Market Launch

In the current challenging economic environment, R&D-based SMEs require significantly more financing resources. The Bay Voucher Program aims to be...

Appointments

Róbert Keszte Elected DUIHK President

At their annual general meeting, the members of DUIHK (German-Hungarian Chamber of Industry and Commerce) elected Róbert Keszte, head of...

Business

East Meets West: Hungary’s Strategic Role in Bridging Global FDI

Hungary’s role as a bridge between continents was the focal point of the “East Meets West” conference held on May...

Transport

HungaroControl Gears up for Record Summer Travel

State-owned HungaroControl has undertaken a number of steps to boost capacity and efficiency in anticipation of another record summer for...

Appointments

Péter Csaplovics Appointed New Sales Director at Danone Hungary

As of May 2025, Péter Csaplovics has taken over the position of sales director at Danone Hungary, the company tells...

Automotive

BYD Strengthens Position on Hungarian EV Market

China's BYD sold 558 electric passenger cars in Hungary in January-April, more than double the number in the same period...

Telco

Cetin Hungary Marks 5 Years with Major Network and AI Upgrade

Mobile telecommunications infrastructure provider Cetin Hungary is marking its fifth anniversary this summer by completing a nationwide modernization project worth...

Construction

M1 Motorway Expansion Set to Begin in September

The expansion of Hungary's M1 motorway, which connects Budapest to the Austrian border, will commence on Sep. 1, according to...

Automotive

Mercedes-Benz Hungary Unit Net Sales Revenue Slips in 2024

Net sales revenue of the local unit of German car maker Mercedes-Benz fell EUR 904 million to EUR 4.171 billion...

Office Market

Design Must Meet Tenant Needs and ESG Demands

With changing office requirements for design and management to keep pace with the expectations of tenants and ESG regulations, developers...

Real Estate

DVM at 30: How the ‘Sum of Small Improvements’ Built a ‘Deeply Exciting’ Business

This year, DVM group marks the 30th anniversary of its foundation in Budapest in 1995. To mark the occasion, the...

Automotive

Rába Books Modest Profit in 1st Quarter as Revenue Falls

Listed Hungarian automotive industry company Raba had first-quarter after-tax profit of HUF 21 million, improving from a HUF 191 mln...

Office Market

Law Firm Wolf Theiss Sets up Office in Liget Center

International law firm Wolf Theiss is setting up its law office on almost 1,300 square meters in Liget Center Classic...

Retail

Gulyás: Gov’t Extends Markups Cap on Food Products Till Aug 31

The government has decided to extend a mandatory cap on markups for a range of food products until the end...

Innovation

Generative AI and Business: Massive Potential, Many Pitfalls

In a joint presentation to the British Chamber of Commerce, Andrea Belényi and Endre Várady, partners at law firm VJT...

Innovation

Bay Voucher Helps Bridge gap Between Idea and Market Launch

In the current challenging economic environment, R&D-based SMEs require significantly more financing resources. The Bay Voucher Program aims to be...

Appointments

Róbert Keszte Elected DUIHK President

At their annual general meeting, the members of DUIHK (German-Hungarian Chamber of Industry and Commerce) elected Róbert Keszte, head of...

Business

East Meets West: Hungary’s Strategic Role in Bridging Global FDI

Hungary’s role as a bridge between continents was the focal point of the “East Meets West” conference held on May...

Transport

HungaroControl Gears up for Record Summer Travel

State-owned HungaroControl has undertaken a number of steps to boost capacity and efficiency in anticipation of another record summer for...

Appointments

Péter Csaplovics Appointed New Sales Director at Danone Hungary

As of May 2025, Péter Csaplovics has taken over the position of sales director at Danone Hungary, the company tells...

Automotive

BYD Strengthens Position on Hungarian EV Market

China's BYD sold 558 electric passenger cars in Hungary in January-April, more than double the number in the same period...

Telco

Cetin Hungary Marks 5 Years with Major Network and AI Upgrade

Mobile telecommunications infrastructure provider Cetin Hungary is marking its fifth anniversary this summer by completing a nationwide modernization project worth...

Construction

M1 Motorway Expansion Set to Begin in September

The expansion of Hungary's M1 motorway, which connects Budapest to the Austrian border, will commence on Sep. 1, according to...

Mercedes-Benz Hungary Unit Net Sales Revenue Slips in 2024

Net sales revenue of the local unit of German car maker Mercedes-Benz fell EUR 904 million to EUR 4.171 billion...

Design Must Meet Tenant Needs and ESG Demands

With changing office requirements for design and management to keep pace with the expectations of tenants and ESG regulations, developers...

DVM at 30: How the ‘Sum of Small Improvements’ Built a ‘Deeply Exciting’ Business

This year, DVM group marks the 30th anniversary of its foundation in Budapest in 1995. To mark the occasion, the...

Rába Books Modest Profit in 1st Quarter as Revenue Falls

Listed Hungarian automotive industry company Raba had first-quarter after-tax profit of HUF 21 million, improving from a HUF 191 mln...

Law Firm Wolf Theiss Sets up Office in Liget Center

International law firm Wolf Theiss is setting up its law office on almost 1,300 square meters in Liget Center Classic...

Gulyás: Gov’t Extends Markups Cap on Food Products Till Aug 31

The government has decided to extend a mandatory cap on markups for a range of food products until the end...

Generative AI and Business: Massive Potential, Many Pitfalls

In a joint presentation to the British Chamber of Commerce, Andrea Belényi and Endre Várady, partners at law firm VJT...

Bay Voucher Helps Bridge gap Between Idea and Market Launch

In the current challenging economic environment, R&D-based SMEs require significantly more financing resources. The Bay Voucher Program aims to be...

Róbert Keszte Elected DUIHK President

At their annual general meeting, the members of DUIHK (German-Hungarian Chamber of Industry and Commerce) elected Róbert Keszte, head of...

East Meets West: Hungary’s Strategic Role in Bridging Global FDI

Hungary’s role as a bridge between continents was the focal point of the “East Meets West” conference held on May...

HungaroControl Gears up for Record Summer Travel

State-owned HungaroControl has undertaken a number of steps to boost capacity and efficiency in anticipation of another record summer for...

Péter Csaplovics Appointed New Sales Director at Danone Hungary

As of May 2025, Péter Csaplovics has taken over the position of sales director at Danone Hungary, the company tells...

BYD Strengthens Position on Hungarian EV Market

China's BYD sold 558 electric passenger cars in Hungary in January-April, more than double the number in the same period...

Cetin Hungary Marks 5 Years with Major Network and AI Upgrade

Mobile telecommunications infrastructure provider Cetin Hungary is marking its fifth anniversary this summer by completing a nationwide modernization project worth...

M1 Motorway Expansion Set to Begin in September

The expansion of Hungary's M1 motorway, which connects Budapest to the Austrian border, will commence on Sep. 1, according to...