Business

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...

Business, Real Estate

ESG Increasingly All-embracing in Business Sphere

ESG can be seen as a set of standards that measure the impact of a business on society and the...

Retail

Retail Sales See Modest Growth in December, but Monthly Decline Reflects Seasonal Trends

Retail sales showed slight year-on-year growth in December 2024, but saw a month-on-month decline, reflecting early holiday shopping and rising...

Transport

Official: Hungarian-Romanian Border Road Upgrades to Start ‘Within Weeks’

The upgrade of roads in the Hungary-Romania border area is scheduled to start "within weeks", involving 20 road sections, a...

Industrial

The Future of Domestic Factories: Companies Compete for Employees With Their Facilities

Nearly 2/3 of employees are dissatisfied with the condition of their workplace, according to a representative study conducted by Frame...

Residential

Renovated Studio Apartments in Hungary Fetch Double the Price

Renovated homes in Hungary are significantly more expensive than their unrenovated counterparts, with house prices averaging 44% higher and apartment...

Transport

Lázár: M1 Motorway to Be Widened Between Budapest and Győr

The M1 motorway will be widened to six lanes between the capital and Győr, Construction and Transportation Minister János Lázár...

Retail

Pepco Group Revenue Rises by 1.4% Year-on-year in Q4

Pepco Group has reported stable financial results for the final quarter of 2024, with the Pepco brand achieving a 1.4%...

Retail

GTC and Numa Group Launch in Hungary With 1st Location in the Heart of Budapest

Numa Group, Europe’s leading digital hospitality platform, has announced its launch in Hungary with a flagship property in central Budapest...

Residential

Housing Market Sees Increased Demand Amid Shrinking Supply

The housing market experienced an 8% year-on-year rise in demand in January, while the supply fell by over 10%, leaving...

Real Estate

Hybrid Working Set to Dominate Office Market in 2025

This year will be transformative for the world of work as technological advancements continue to shape how businesses of all...

Residential

Cordia Announces Plans to Add 1,000 Apartments This Year in Budapest

To adapt to market trends, residential developer Cordia is launching sales for multiple projects in Q1. The company plans to...

Transport

Wizz Air Lowers Profit Forecast Amid Fleet Groundings, Rising Costs

According to a recent statement, Hungarian low-cost airline Wizz Air has cut its annual net income forecast for the second...

Office Market

Quality Office Spaces Remain in High Demand Despite Rising Vacancy Rates in Budapest

Accessibility, cleanliness, air quality, and the ever-important issue of heating and cooling—these are the top concerns for office users, according...

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...

Business, Real Estate

ESG Increasingly All-embracing in Business Sphere

ESG can be seen as a set of standards that measure the impact of a business on society and the...

Retail

Retail Sales See Modest Growth in December, but Monthly Decline Reflects Seasonal Trends

Retail sales showed slight year-on-year growth in December 2024, but saw a month-on-month decline, reflecting early holiday shopping and rising...

Transport

Official: Hungarian-Romanian Border Road Upgrades to Start ‘Within Weeks’

The upgrade of roads in the Hungary-Romania border area is scheduled to start "within weeks", involving 20 road sections, a...

Industrial

The Future of Domestic Factories: Companies Compete for Employees With Their Facilities

Nearly 2/3 of employees are dissatisfied with the condition of their workplace, according to a representative study conducted by Frame...

Residential

Renovated Studio Apartments in Hungary Fetch Double the Price

Renovated homes in Hungary are significantly more expensive than their unrenovated counterparts, with house prices averaging 44% higher and apartment...

Transport

Lázár: M1 Motorway to Be Widened Between Budapest and Győr

The M1 motorway will be widened to six lanes between the capital and Győr, Construction and Transportation Minister János Lázár...

Retail

Pepco Group Revenue Rises by 1.4% Year-on-year in Q4

Pepco Group has reported stable financial results for the final quarter of 2024, with the Pepco brand achieving a 1.4%...

Retail

GTC and Numa Group Launch in Hungary With 1st Location in the Heart of Budapest

Numa Group, Europe’s leading digital hospitality platform, has announced its launch in Hungary with a flagship property in central Budapest...

Residential

Housing Market Sees Increased Demand Amid Shrinking Supply

The housing market experienced an 8% year-on-year rise in demand in January, while the supply fell by over 10%, leaving...

Real Estate

Hybrid Working Set to Dominate Office Market in 2025

This year will be transformative for the world of work as technological advancements continue to shape how businesses of all...

Residential

Cordia Announces Plans to Add 1,000 Apartments This Year in Budapest

To adapt to market trends, residential developer Cordia is launching sales for multiple projects in Q1. The company plans to...

Transport

Wizz Air Lowers Profit Forecast Amid Fleet Groundings, Rising Costs

According to a recent statement, Hungarian low-cost airline Wizz Air has cut its annual net income forecast for the second...

Office Market

Quality Office Spaces Remain in High Demand Despite Rising Vacancy Rates in Budapest

Accessibility, cleanliness, air quality, and the ever-important issue of heating and cooling—these are the top concerns for office users, according...

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...

ESG Increasingly All-embracing in Business Sphere

ESG can be seen as a set of standards that measure the impact of a business on society and the...

Retail Sales See Modest Growth in December, but Monthly Decline Reflects Seasonal Trends

Retail sales showed slight year-on-year growth in December 2024, but saw a month-on-month decline, reflecting early holiday shopping and rising...

Official: Hungarian-Romanian Border Road Upgrades to Start ‘Within Weeks’

The upgrade of roads in the Hungary-Romania border area is scheduled to start "within weeks", involving 20 road sections, a...

The Future of Domestic Factories: Companies Compete for Employees With Their Facilities

Nearly 2/3 of employees are dissatisfied with the condition of their workplace, according to a representative study conducted by Frame...

Renovated Studio Apartments in Hungary Fetch Double the Price

Renovated homes in Hungary are significantly more expensive than their unrenovated counterparts, with house prices averaging 44% higher and apartment...

Lázár: M1 Motorway to Be Widened Between Budapest and Győr

The M1 motorway will be widened to six lanes between the capital and Győr, Construction and Transportation Minister János Lázár...

Pepco Group Revenue Rises by 1.4% Year-on-year in Q4

Pepco Group has reported stable financial results for the final quarter of 2024, with the Pepco brand achieving a 1.4%...

GTC and Numa Group Launch in Hungary With 1st Location in the Heart of Budapest

Numa Group, Europe’s leading digital hospitality platform, has announced its launch in Hungary with a flagship property in central Budapest...

Housing Market Sees Increased Demand Amid Shrinking Supply

The housing market experienced an 8% year-on-year rise in demand in January, while the supply fell by over 10%, leaving...

Hybrid Working Set to Dominate Office Market in 2025

This year will be transformative for the world of work as technological advancements continue to shape how businesses of all...

Cordia Announces Plans to Add 1,000 Apartments This Year in Budapest

To adapt to market trends, residential developer Cordia is launching sales for multiple projects in Q1. The company plans to...

Wizz Air Lowers Profit Forecast Amid Fleet Groundings, Rising Costs

According to a recent statement, Hungarian low-cost airline Wizz Air has cut its annual net income forecast for the second...

Quality Office Spaces Remain in High Demand Despite Rising Vacancy Rates in Budapest

Accessibility, cleanliness, air quality, and the ever-important issue of heating and cooling—these are the top concerns for office users, according...