Business

Appointments

New Managing Director at Hankook’s Sales Office in Hungary

As of January 1, 2025, Dongchul Kwon has taken over the leadership of Hankook's Budapest office, Hankook Tire Budapest Kft,...

HR

Unemployment Rate at 4.4% in January, Employment Rises

Hungary's unemployment rate for people aged 15–74 stood at 4.4% in January, with 214,000 people unemployed, according to data released...

Residential

Duna House Earnings Climb 18% Year-on-year in 2024

Net income of listed real estate broker Duna House rose by approximately 18% to HUF 2.9 bln in 2024, MTI...

Startups

Fintech Startup Lightyear Secures Strategic Partnership With Petya Balogh

Lightyear, a fintech startup focused on investment education and financial technology, has announced a strategic partnership with Hungarian entrepreneur and...

Pharma

Richter Earnings Jump on Higher Revenue, Improved Margins

Net income of Hungarian pharmaceutical company Gedeon Richter climbed 51% to HUF 239.2 bln in 2024, lifted by higher revenue...

Retail

Gov’t Introducing VAT Refund Cards for Pensioners

Pensioners in Hungary are set to receive special cards to reclaim VAT on certain basic food products, Prime Minister Viktor...

Podcasts

Is Your Business Truly Digitally Transformed? -CBI Podcast

In an era where digital transformation is the key to resilience, are organizations genuinely evolving, or just going through the...

Deals

Gránit Asset Management’s Largest Real Estate Fund Expands With International Investment

The Magyar Posta Takarék Real Estate Investment Fund (MPTIA), managed by Gránit Asset Management, has invested EUR 10 mln in...

Industrial

CEE Industrial Market Still Attractive Despite Development Downturn

The CEE industrial market has grown on the back of increasing demand for industrial space to meet FDI, notably in...

Deals

4iG Space Business Signs Contract With CPI Vertex Antennentechnik

4iG Space and Defence has signed a contract with Germany's CPI Vertex Antennentechnik on the delivery of central antenna systems,...

Automotive

Petrányi Group Expands Services at Ferenc Liszt Int’l With U-Save Car Rental Launch

The Petrányi Group and Green Motion Hungary Zrt. have announced a dual expansion move at Budapest’s Ferenc Liszt International Airport....

Automotive

Bridgestone Tatabánya on Top With Resilience and Innovation 

Bridgestone Tatabánya concluded 2024 as a testament to resilience and strategic foresight in a difficult industry landscape with plenty of...

Office Market

Graphisoft Park Earnings Edge Slightly Higher in 2024

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 1% to...

People

Top 50 Business Services Executives: Byung Kim

Byung Kim, lead country manager and lead controller at ExxonMobil Hungary, secured his place among Hungary’s Top 50 Business Services...

Tech

Hungarian Participants Score 47% in IT Fitness Test 2024

The IT Fitness Test 2024 assessed digital skills across Central Europe, revealing that Hungarian participants achieved an average score of...

Appointments

New Managing Director at Hankook’s Sales Office in Hungary

As of January 1, 2025, Dongchul Kwon has taken over the leadership of Hankook's Budapest office, Hankook Tire Budapest Kft,...

HR

Unemployment Rate at 4.4% in January, Employment Rises

Hungary's unemployment rate for people aged 15–74 stood at 4.4% in January, with 214,000 people unemployed, according to data released...

Residential

Duna House Earnings Climb 18% Year-on-year in 2024

Net income of listed real estate broker Duna House rose by approximately 18% to HUF 2.9 bln in 2024, MTI...

Startups

Fintech Startup Lightyear Secures Strategic Partnership With Petya Balogh

Lightyear, a fintech startup focused on investment education and financial technology, has announced a strategic partnership with Hungarian entrepreneur and...

Pharma

Richter Earnings Jump on Higher Revenue, Improved Margins

Net income of Hungarian pharmaceutical company Gedeon Richter climbed 51% to HUF 239.2 bln in 2024, lifted by higher revenue...

Retail

Gov’t Introducing VAT Refund Cards for Pensioners

Pensioners in Hungary are set to receive special cards to reclaim VAT on certain basic food products, Prime Minister Viktor...

Podcasts

Is Your Business Truly Digitally Transformed? -CBI Podcast

In an era where digital transformation is the key to resilience, are organizations genuinely evolving, or just going through the...

Deals

Gránit Asset Management’s Largest Real Estate Fund Expands With International Investment

The Magyar Posta Takarék Real Estate Investment Fund (MPTIA), managed by Gránit Asset Management, has invested EUR 10 mln in...

Industrial

CEE Industrial Market Still Attractive Despite Development Downturn

The CEE industrial market has grown on the back of increasing demand for industrial space to meet FDI, notably in...

Deals

4iG Space Business Signs Contract With CPI Vertex Antennentechnik

4iG Space and Defence has signed a contract with Germany's CPI Vertex Antennentechnik on the delivery of central antenna systems,...

Automotive

Petrányi Group Expands Services at Ferenc Liszt Int’l With U-Save Car Rental Launch

The Petrányi Group and Green Motion Hungary Zrt. have announced a dual expansion move at Budapest’s Ferenc Liszt International Airport....

Automotive

Bridgestone Tatabánya on Top With Resilience and Innovation 

Bridgestone Tatabánya concluded 2024 as a testament to resilience and strategic foresight in a difficult industry landscape with plenty of...

Office Market

Graphisoft Park Earnings Edge Slightly Higher in 2024

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 1% to...

People

Top 50 Business Services Executives: Byung Kim

Byung Kim, lead country manager and lead controller at ExxonMobil Hungary, secured his place among Hungary’s Top 50 Business Services...

Tech

Hungarian Participants Score 47% in IT Fitness Test 2024

The IT Fitness Test 2024 assessed digital skills across Central Europe, revealing that Hungarian participants achieved an average score of...

New Managing Director at Hankook’s Sales Office in Hungary

As of January 1, 2025, Dongchul Kwon has taken over the leadership of Hankook's Budapest office, Hankook Tire Budapest Kft,...

Unemployment Rate at 4.4% in January, Employment Rises

Hungary's unemployment rate for people aged 15–74 stood at 4.4% in January, with 214,000 people unemployed, according to data released...

Duna House Earnings Climb 18% Year-on-year in 2024

Net income of listed real estate broker Duna House rose by approximately 18% to HUF 2.9 bln in 2024, MTI...

Fintech Startup Lightyear Secures Strategic Partnership With Petya Balogh

Lightyear, a fintech startup focused on investment education and financial technology, has announced a strategic partnership with Hungarian entrepreneur and...

Richter Earnings Jump on Higher Revenue, Improved Margins

Net income of Hungarian pharmaceutical company Gedeon Richter climbed 51% to HUF 239.2 bln in 2024, lifted by higher revenue...

Gov’t Introducing VAT Refund Cards for Pensioners

Pensioners in Hungary are set to receive special cards to reclaim VAT on certain basic food products, Prime Minister Viktor...

Is Your Business Truly Digitally Transformed? -CBI Podcast

In an era where digital transformation is the key to resilience, are organizations genuinely evolving, or just going through the...

Gránit Asset Management’s Largest Real Estate Fund Expands With International Investment

The Magyar Posta Takarék Real Estate Investment Fund (MPTIA), managed by Gránit Asset Management, has invested EUR 10 mln in...

CEE Industrial Market Still Attractive Despite Development Downturn

The CEE industrial market has grown on the back of increasing demand for industrial space to meet FDI, notably in...

4iG Space Business Signs Contract With CPI Vertex Antennentechnik

4iG Space and Defence has signed a contract with Germany's CPI Vertex Antennentechnik on the delivery of central antenna systems,...

Petrányi Group Expands Services at Ferenc Liszt Int’l With U-Save Car Rental Launch

The Petrányi Group and Green Motion Hungary Zrt. have announced a dual expansion move at Budapest’s Ferenc Liszt International Airport....

Bridgestone Tatabánya on Top With Resilience and Innovation 

Bridgestone Tatabánya concluded 2024 as a testament to resilience and strategic foresight in a difficult industry landscape with plenty of...

Graphisoft Park Earnings Edge Slightly Higher in 2024

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 1% to...

Top 50 Business Services Executives: Byung Kim

Byung Kim, lead country manager and lead controller at ExxonMobil Hungary, secured his place among Hungary’s Top 50 Business Services...

Hungarian Participants Score 47% in IT Fitness Test 2024

The IT Fitness Test 2024 assessed digital skills across Central Europe, revealing that Hungarian participants achieved an average score of...