Business

Deals

Diligent to Invest HUF 37 bln in R&D Base in Hungary

U.S.-based Diligent, a provider of governance, audit, and risk management solutions, will invest HUF 37 billion in establishing a research...

Manufacturing

Robert Bosch Power Tool Inaugurates HUF 54 bln Distribution Center in Hungary

Robert Bosch Power Tool inaugurated a new 54 billion regional logistics and distribution center in Miskolc in Northeastern Hungary on...

Real Estate

Domestic Players ‘Dominate’ Real Estate in 2024, Will International Money Follow in 2025?

Hungary saw real estate investments from domestic and international shareholders in 2024, with handovers in office, retail, and industrial fields....

Innovation

Hungary Launches HUF 5 bln Project to Boost Research and Innovation Ecosystem

Hungary has launched a HUF 5 billion initiative aimed at strengthening the country’s research, development, and innovation (RDI) ecosystem, according...

Office Market

ARM Processors Moves to Millennium Gardens, Securing Over 3,400 sqm Office Space 

ARM Processors, a global leader in semiconductor and computing solutions, has chosen Millennium Gardens as its new office in Budapest,...

Automotive

More Than 5,000 Businesses Apply for EV Subsidies

More than 5,000 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, the Energy Ministry...

Automotive

Serial Production at BMW Plant Debrecen to Start in Autumn

Serial production at German car maker BMW's plant in Debrecen will start in the autumn, Minister of Foreign Affairs and...

Retail

Hungary E-commerce Market Reaches HUF 1.9 tln in 2024

Online sales in Hungary climbed to more than HUF 1.9 trillion last year, growing by nearly 15% year-on-year, news wire...

Science

AI Proving to be Both a Science and an Art

Recent news about the California wildfires must have contributed to what psychologists describe as climate anxiety, the sense of fear...

Appointments

New HR Director at Hungary’s Largest Fleet Management Company, Ayvens

Ayvens Hungary, the country’s largest fleet management and mobility service provider created by the merger of ALD Automotive and LeasePlan,...

Residential

Home Rental Rates in Hungary Climb 9.4% in January

Home rental rates in Hungary rose approximately 9.4% year-on-year in January, data compiled by the Central Statistical Office (KSH) from...

Science

Hungarians Struggle with Sleep Quality, Jysk Study Finds

Hungarians face significant challenges regarding sleep quality, with a large portion of the population struggling to get sufficient rest or...

Startups

Carbon Footprint Reduction Startup Goes Global, Backed by STRT Portfolio

A Hungarian startup specializing in reducing the carbon footprint of digital marketing activities, including websites and email campaigns, has secured...

Retail

Hungarian E-commerce Association Backs EC Proposals

The Ecommerce Hungary Association has voiced members' support for proposals by the EC to ensure safe and sustainable e-commerce imports...

Automotive

BYD Szeged to Employ 10,000 Workers, 20% Engineers

BYD's new electric vehicle plant in Szeged plans to hire 10,000 employees, with 20% of positions designated for engineers, Mayor...

Deals

Diligent to Invest HUF 37 bln in R&D Base in Hungary

U.S.-based Diligent, a provider of governance, audit, and risk management solutions, will invest HUF 37 billion in establishing a research...

Manufacturing

Robert Bosch Power Tool Inaugurates HUF 54 bln Distribution Center in Hungary

Robert Bosch Power Tool inaugurated a new 54 billion regional logistics and distribution center in Miskolc in Northeastern Hungary on...

Real Estate

Domestic Players ‘Dominate’ Real Estate in 2024, Will International Money Follow in 2025?

Hungary saw real estate investments from domestic and international shareholders in 2024, with handovers in office, retail, and industrial fields....

Innovation

Hungary Launches HUF 5 bln Project to Boost Research and Innovation Ecosystem

Hungary has launched a HUF 5 billion initiative aimed at strengthening the country’s research, development, and innovation (RDI) ecosystem, according...

Office Market

ARM Processors Moves to Millennium Gardens, Securing Over 3,400 sqm Office Space 

ARM Processors, a global leader in semiconductor and computing solutions, has chosen Millennium Gardens as its new office in Budapest,...

Automotive

More Than 5,000 Businesses Apply for EV Subsidies

More than 5,000 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, the Energy Ministry...

Automotive

Serial Production at BMW Plant Debrecen to Start in Autumn

Serial production at German car maker BMW's plant in Debrecen will start in the autumn, Minister of Foreign Affairs and...

Retail

Hungary E-commerce Market Reaches HUF 1.9 tln in 2024

Online sales in Hungary climbed to more than HUF 1.9 trillion last year, growing by nearly 15% year-on-year, news wire...

Science

AI Proving to be Both a Science and an Art

Recent news about the California wildfires must have contributed to what psychologists describe as climate anxiety, the sense of fear...

Appointments

New HR Director at Hungary’s Largest Fleet Management Company, Ayvens

Ayvens Hungary, the country’s largest fleet management and mobility service provider created by the merger of ALD Automotive and LeasePlan,...

Residential

Home Rental Rates in Hungary Climb 9.4% in January

Home rental rates in Hungary rose approximately 9.4% year-on-year in January, data compiled by the Central Statistical Office (KSH) from...

Science

Hungarians Struggle with Sleep Quality, Jysk Study Finds

Hungarians face significant challenges regarding sleep quality, with a large portion of the population struggling to get sufficient rest or...

Startups

Carbon Footprint Reduction Startup Goes Global, Backed by STRT Portfolio

A Hungarian startup specializing in reducing the carbon footprint of digital marketing activities, including websites and email campaigns, has secured...

Retail

Hungarian E-commerce Association Backs EC Proposals

The Ecommerce Hungary Association has voiced members' support for proposals by the EC to ensure safe and sustainable e-commerce imports...

Automotive

BYD Szeged to Employ 10,000 Workers, 20% Engineers

BYD's new electric vehicle plant in Szeged plans to hire 10,000 employees, with 20% of positions designated for engineers, Mayor...

Diligent to Invest HUF 37 bln in R&D Base in Hungary

U.S.-based Diligent, a provider of governance, audit, and risk management solutions, will invest HUF 37 billion in establishing a research...

Robert Bosch Power Tool Inaugurates HUF 54 bln Distribution Center in Hungary

Robert Bosch Power Tool inaugurated a new 54 billion regional logistics and distribution center in Miskolc in Northeastern Hungary on...

Domestic Players ‘Dominate’ Real Estate in 2024, Will International Money Follow in 2025?

Hungary saw real estate investments from domestic and international shareholders in 2024, with handovers in office, retail, and industrial fields....

Hungary Launches HUF 5 bln Project to Boost Research and Innovation Ecosystem

Hungary has launched a HUF 5 billion initiative aimed at strengthening the country’s research, development, and innovation (RDI) ecosystem, according...

ARM Processors Moves to Millennium Gardens, Securing Over 3,400 sqm Office Space 

ARM Processors, a global leader in semiconductor and computing solutions, has chosen Millennium Gardens as its new office in Budapest,...

More Than 5,000 Businesses Apply for EV Subsidies

More than 5,000 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, the Energy Ministry...

Serial Production at BMW Plant Debrecen to Start in Autumn

Serial production at German car maker BMW's plant in Debrecen will start in the autumn, Minister of Foreign Affairs and...

Hungary E-commerce Market Reaches HUF 1.9 tln in 2024

Online sales in Hungary climbed to more than HUF 1.9 trillion last year, growing by nearly 15% year-on-year, news wire...

AI Proving to be Both a Science and an Art

Recent news about the California wildfires must have contributed to what psychologists describe as climate anxiety, the sense of fear...

New HR Director at Hungary’s Largest Fleet Management Company, Ayvens

Ayvens Hungary, the country’s largest fleet management and mobility service provider created by the merger of ALD Automotive and LeasePlan,...

Home Rental Rates in Hungary Climb 9.4% in January

Home rental rates in Hungary rose approximately 9.4% year-on-year in January, data compiled by the Central Statistical Office (KSH) from...

Hungarians Struggle with Sleep Quality, Jysk Study Finds

Hungarians face significant challenges regarding sleep quality, with a large portion of the population struggling to get sufficient rest or...

Carbon Footprint Reduction Startup Goes Global, Backed by STRT Portfolio

A Hungarian startup specializing in reducing the carbon footprint of digital marketing activities, including websites and email campaigns, has secured...

Hungarian E-commerce Association Backs EC Proposals

The Ecommerce Hungary Association has voiced members' support for proposals by the EC to ensure safe and sustainable e-commerce imports...

BYD Szeged to Employ 10,000 Workers, 20% Engineers

BYD's new electric vehicle plant in Szeged plans to hire 10,000 employees, with 20% of positions designated for engineers, Mayor...