Business

Manufacturing

Industrial Producer Prices Rise 9% in December, Driven by Weaker Forint

Industrial producer prices in Hungary increased by approximately 9% year-on-year in December 2024, according to fresh data from the Central...

Transport

Record Highway Vignettes Purchased Ahead of January 31

According to the National Toll Payment Services, motorists in Hungary have purchased 1.4 million annual highway vignettes for the year,...

Appointments

New Managing Director Appointed at MSD Hungary

MSD Hungary, the local affiliate of the global innovative pharmaceutical company MSD, announced the appointment of Sean R. Smith as...

Residential

Budapest’s New Housing Market Surges, but the Boom May Be Just Beginning

The second half of 2024 saw a major surge in Budapest’s new housing market, with 5,300 newly built apartments sold...

Automotive

Toyota Sales in Hungary Climb Close to 5% in 2024

The Japanese Toyota brand's dealerships sold a total of 18,123 new vehicles in Hungary in 2024, up 4.8%, Toyota Central...

Retail

Gov’t Looking to Address Rising Milk, Dairy Prices

The government is closely monitoring milk and dairy product price developments and is prepared to take "firm measures" to ensure...

Deals

Corvinus University and Mastercard Enter Collaboration

A thematic mini-course, a student team competition, and a new scholarship are among the opportunities outlined in the memorandum of...

HR

Hungary’s Unemployment Rate Steady at 4.3% in December

In December 2024, Hungary's unemployment rate remained steady at 4.3%, with approximately 210,000 people unemployed, according to the latest data...

Transport

Hungary Exploring Purchase of Swiss Trains Amid Rail Modernization Efforts

Hungary is in discussions to acquire a significant fleet of Swiss trains as part of its ongoing efforts to modernize...

Transport

Direct Flight to be Launched Between Budapest and Kuwait City

A direct flight is to be launched between Budapest and Kuwait City, courtesy of Jazeera Airways, Ferenc Liszt International Airport's...

HR

VOSz Highlights Need for Guest Workers

The National Association of Entrepreneurs and Employers (VOSz) highlighted the need for guest workers during the current phase of economic...

Construction

Rákosrendező Brownfield Site May Only Be Sold to Designated Buyer – MNV

Real estate around Rákosrendező train station may only be sold to a buyer designated by the UAE, with the prior...

Residential

Kész Signs EUR 11 mln Contracts for 1st Romanian Housing Project

Kész, one of the largest construction groups in Hungary, which is building its first residential project on the Romanian market,...

Automotive

Ford CEE Sales Organization Coordinating EDM Adds Danish, Finnish Markets to Portfolio

Ford Central & Eastern European Sales LLC has announced the addition of Denmark and Finland to its European Direct Markets...

Science

Nobel Laureate Highlights 3 Ways to Overcome Global Fertility Crisis at Corvinus Uni

Nobel laureate economist James Heckman outlined strategies to address the fertility crisis—alleviating childcare burdens, providing economic support to young people,...

Manufacturing

Industrial Producer Prices Rise 9% in December, Driven by Weaker Forint

Industrial producer prices in Hungary increased by approximately 9% year-on-year in December 2024, according to fresh data from the Central...

Transport

Record Highway Vignettes Purchased Ahead of January 31

According to the National Toll Payment Services, motorists in Hungary have purchased 1.4 million annual highway vignettes for the year,...

Appointments

New Managing Director Appointed at MSD Hungary

MSD Hungary, the local affiliate of the global innovative pharmaceutical company MSD, announced the appointment of Sean R. Smith as...

Residential

Budapest’s New Housing Market Surges, but the Boom May Be Just Beginning

The second half of 2024 saw a major surge in Budapest’s new housing market, with 5,300 newly built apartments sold...

Automotive

Toyota Sales in Hungary Climb Close to 5% in 2024

The Japanese Toyota brand's dealerships sold a total of 18,123 new vehicles in Hungary in 2024, up 4.8%, Toyota Central...

Retail

Gov’t Looking to Address Rising Milk, Dairy Prices

The government is closely monitoring milk and dairy product price developments and is prepared to take "firm measures" to ensure...

Deals

Corvinus University and Mastercard Enter Collaboration

A thematic mini-course, a student team competition, and a new scholarship are among the opportunities outlined in the memorandum of...

HR

Hungary’s Unemployment Rate Steady at 4.3% in December

In December 2024, Hungary's unemployment rate remained steady at 4.3%, with approximately 210,000 people unemployed, according to the latest data...

Transport

Hungary Exploring Purchase of Swiss Trains Amid Rail Modernization Efforts

Hungary is in discussions to acquire a significant fleet of Swiss trains as part of its ongoing efforts to modernize...

Transport

Direct Flight to be Launched Between Budapest and Kuwait City

A direct flight is to be launched between Budapest and Kuwait City, courtesy of Jazeera Airways, Ferenc Liszt International Airport's...

HR

VOSz Highlights Need for Guest Workers

The National Association of Entrepreneurs and Employers (VOSz) highlighted the need for guest workers during the current phase of economic...

Construction

Rákosrendező Brownfield Site May Only Be Sold to Designated Buyer – MNV

Real estate around Rákosrendező train station may only be sold to a buyer designated by the UAE, with the prior...

Residential

Kész Signs EUR 11 mln Contracts for 1st Romanian Housing Project

Kész, one of the largest construction groups in Hungary, which is building its first residential project on the Romanian market,...

Automotive

Ford CEE Sales Organization Coordinating EDM Adds Danish, Finnish Markets to Portfolio

Ford Central & Eastern European Sales LLC has announced the addition of Denmark and Finland to its European Direct Markets...

Science

Nobel Laureate Highlights 3 Ways to Overcome Global Fertility Crisis at Corvinus Uni

Nobel laureate economist James Heckman outlined strategies to address the fertility crisis—alleviating childcare burdens, providing economic support to young people,...

Industrial Producer Prices Rise 9% in December, Driven by Weaker Forint

Industrial producer prices in Hungary increased by approximately 9% year-on-year in December 2024, according to fresh data from the Central...

Record Highway Vignettes Purchased Ahead of January 31

According to the National Toll Payment Services, motorists in Hungary have purchased 1.4 million annual highway vignettes for the year,...

New Managing Director Appointed at MSD Hungary

MSD Hungary, the local affiliate of the global innovative pharmaceutical company MSD, announced the appointment of Sean R. Smith as...

Budapest’s New Housing Market Surges, but the Boom May Be Just Beginning

The second half of 2024 saw a major surge in Budapest’s new housing market, with 5,300 newly built apartments sold...

Toyota Sales in Hungary Climb Close to 5% in 2024

The Japanese Toyota brand's dealerships sold a total of 18,123 new vehicles in Hungary in 2024, up 4.8%, Toyota Central...

Gov’t Looking to Address Rising Milk, Dairy Prices

The government is closely monitoring milk and dairy product price developments and is prepared to take "firm measures" to ensure...

Corvinus University and Mastercard Enter Collaboration

A thematic mini-course, a student team competition, and a new scholarship are among the opportunities outlined in the memorandum of...

Hungary’s Unemployment Rate Steady at 4.3% in December

In December 2024, Hungary's unemployment rate remained steady at 4.3%, with approximately 210,000 people unemployed, according to the latest data...

Hungary Exploring Purchase of Swiss Trains Amid Rail Modernization Efforts

Hungary is in discussions to acquire a significant fleet of Swiss trains as part of its ongoing efforts to modernize...

Direct Flight to be Launched Between Budapest and Kuwait City

A direct flight is to be launched between Budapest and Kuwait City, courtesy of Jazeera Airways, Ferenc Liszt International Airport's...

VOSz Highlights Need for Guest Workers

The National Association of Entrepreneurs and Employers (VOSz) highlighted the need for guest workers during the current phase of economic...

Rákosrendező Brownfield Site May Only Be Sold to Designated Buyer – MNV

Real estate around Rákosrendező train station may only be sold to a buyer designated by the UAE, with the prior...

Kész Signs EUR 11 mln Contracts for 1st Romanian Housing Project

Kész, one of the largest construction groups in Hungary, which is building its first residential project on the Romanian market,...

Ford CEE Sales Organization Coordinating EDM Adds Danish, Finnish Markets to Portfolio

Ford Central & Eastern European Sales LLC has announced the addition of Denmark and Finland to its European Direct Markets...

Nobel Laureate Highlights 3 Ways to Overcome Global Fertility Crisis at Corvinus Uni

Nobel laureate economist James Heckman outlined strategies to address the fertility crisis—alleviating childcare burdens, providing economic support to young people,...