Business

Retail

Aldi to Continue Expanding Its Network in Hungary

Aldi opened 10 new stores in Hungary this year, as in the previous years, and wants to continue expanding at...

Transport

Lufthansa Technik to Provide Exclusive Base Maintenance for Eurowings’ A320 Fleet

Lufthansa Technik has signed an agreement with Eurowings Technik to provide comprehensive base maintenance support for Eurowings’ Airbus A320 family...

Interview

Consumption, Tariffs, and a Weaker HUF Indicate Headwinds for 2025

We spoke with Zsolt Becsey, chief economist at UniCredit Bank Hungary, Attila Csáky, head of client risk management and treasury,...

Automotive

BYD to Open 3 Dealerships in Hungary

Chinese EV maker BYD on Thursday said it will add three dealerships to its sales and service network in Hungary,...

Real Estate

Wing Celebrates its 25th Anniversary

The Budapest-based Central and Eastern European developer Wing is celebrating its 25th anniversary. It says it has invested almost HUF...

Office Market

Conscious Planning Crucial in Festive Season Real Estate Management

Holiday season is a busy time not only for shopping malls, office buildings, logistics centers and the people who work...

Construction

Building Materials Market to Remain Tight in H1

Sales of building materials rose little in current prices in 2024 due to low demand, oversupply and intensive price competition...

Deals

2024 Saw Hungary’s Largest Business Deal to Date

Following a HUF 600 bln deal last year in which the state acquired an ownership stake in Vodafone Magyarország, 2024...

Transport

Air Traffic Set to Climb by 6% Ahead of Winter Holidays

According to preliminary estimates by air navigation service provider HungaroControl, traffic will be 6% higher in the two weeks before...

Construction

50% of Szép Card Rations Available for Renovation Next Year

From next year, half of the amount received on the Szép card can be spent on home renovation, building materials,...

Deals

MVM to Acquire Majority Stake in E.ON Energie Romania

State-owned Hungarian energy group MVM has agreed to acquire a majority stake in E.ON's retail and customer solutions business in...

Construction

Évosz: Construction Sector Output to Perform at 2023 Level

The construction industry is expected to perform at the level of 2023 again this year, so, at current prices, construction...

Retail

Lidl Hungary Marks Two Decades as an FMCG Market Leader

Lidl Hungary marked its 20th anniversary by celebrating outstanding achievements, including securing the top spot in the Hungarian FMCG sector...

Construction

Hungary’s Construction Output Declines 0.5% Year-on-Year in October

Hungary’s construction output volume declined by 0.5% in October 2024 compared to the same month last year, according to raw...

Manufacturing

Videoton to Finish 2024 With Revenue of Around HUF 300 bln

Electronics manufacturing services company Videoton expects to close 2024 with net revenue of around HUF 300 bln, chairman-CEO Gábor Széles...

Retail

Aldi to Continue Expanding Its Network in Hungary

Aldi opened 10 new stores in Hungary this year, as in the previous years, and wants to continue expanding at...

Transport

Lufthansa Technik to Provide Exclusive Base Maintenance for Eurowings’ A320 Fleet

Lufthansa Technik has signed an agreement with Eurowings Technik to provide comprehensive base maintenance support for Eurowings’ Airbus A320 family...

Interview

Consumption, Tariffs, and a Weaker HUF Indicate Headwinds for 2025

We spoke with Zsolt Becsey, chief economist at UniCredit Bank Hungary, Attila Csáky, head of client risk management and treasury,...

Automotive

BYD to Open 3 Dealerships in Hungary

Chinese EV maker BYD on Thursday said it will add three dealerships to its sales and service network in Hungary,...

Real Estate

Wing Celebrates its 25th Anniversary

The Budapest-based Central and Eastern European developer Wing is celebrating its 25th anniversary. It says it has invested almost HUF...

Office Market

Conscious Planning Crucial in Festive Season Real Estate Management

Holiday season is a busy time not only for shopping malls, office buildings, logistics centers and the people who work...

Construction

Building Materials Market to Remain Tight in H1

Sales of building materials rose little in current prices in 2024 due to low demand, oversupply and intensive price competition...

Deals

2024 Saw Hungary’s Largest Business Deal to Date

Following a HUF 600 bln deal last year in which the state acquired an ownership stake in Vodafone Magyarország, 2024...

Transport

Air Traffic Set to Climb by 6% Ahead of Winter Holidays

According to preliminary estimates by air navigation service provider HungaroControl, traffic will be 6% higher in the two weeks before...

Construction

50% of Szép Card Rations Available for Renovation Next Year

From next year, half of the amount received on the Szép card can be spent on home renovation, building materials,...

Deals

MVM to Acquire Majority Stake in E.ON Energie Romania

State-owned Hungarian energy group MVM has agreed to acquire a majority stake in E.ON's retail and customer solutions business in...

Construction

Évosz: Construction Sector Output to Perform at 2023 Level

The construction industry is expected to perform at the level of 2023 again this year, so, at current prices, construction...

Retail

Lidl Hungary Marks Two Decades as an FMCG Market Leader

Lidl Hungary marked its 20th anniversary by celebrating outstanding achievements, including securing the top spot in the Hungarian FMCG sector...

Construction

Hungary’s Construction Output Declines 0.5% Year-on-Year in October

Hungary’s construction output volume declined by 0.5% in October 2024 compared to the same month last year, according to raw...

Manufacturing

Videoton to Finish 2024 With Revenue of Around HUF 300 bln

Electronics manufacturing services company Videoton expects to close 2024 with net revenue of around HUF 300 bln, chairman-CEO Gábor Széles...

Aldi to Continue Expanding Its Network in Hungary

Aldi opened 10 new stores in Hungary this year, as in the previous years, and wants to continue expanding at...

Lufthansa Technik to Provide Exclusive Base Maintenance for Eurowings’ A320 Fleet

Lufthansa Technik has signed an agreement with Eurowings Technik to provide comprehensive base maintenance support for Eurowings’ Airbus A320 family...

Consumption, Tariffs, and a Weaker HUF Indicate Headwinds for 2025

We spoke with Zsolt Becsey, chief economist at UniCredit Bank Hungary, Attila Csáky, head of client risk management and treasury,...

BYD to Open 3 Dealerships in Hungary

Chinese EV maker BYD on Thursday said it will add three dealerships to its sales and service network in Hungary,...

Wing Celebrates its 25th Anniversary

The Budapest-based Central and Eastern European developer Wing is celebrating its 25th anniversary. It says it has invested almost HUF...

Conscious Planning Crucial in Festive Season Real Estate Management

Holiday season is a busy time not only for shopping malls, office buildings, logistics centers and the people who work...

Building Materials Market to Remain Tight in H1

Sales of building materials rose little in current prices in 2024 due to low demand, oversupply and intensive price competition...

2024 Saw Hungary’s Largest Business Deal to Date

Following a HUF 600 bln deal last year in which the state acquired an ownership stake in Vodafone Magyarország, 2024...

Air Traffic Set to Climb by 6% Ahead of Winter Holidays

According to preliminary estimates by air navigation service provider HungaroControl, traffic will be 6% higher in the two weeks before...

50% of Szép Card Rations Available for Renovation Next Year

From next year, half of the amount received on the Szép card can be spent on home renovation, building materials,...

MVM to Acquire Majority Stake in E.ON Energie Romania

State-owned Hungarian energy group MVM has agreed to acquire a majority stake in E.ON's retail and customer solutions business in...

Évosz: Construction Sector Output to Perform at 2023 Level

The construction industry is expected to perform at the level of 2023 again this year, so, at current prices, construction...

Lidl Hungary Marks Two Decades as an FMCG Market Leader

Lidl Hungary marked its 20th anniversary by celebrating outstanding achievements, including securing the top spot in the Hungarian FMCG sector...

Hungary’s Construction Output Declines 0.5% Year-on-Year in October

Hungary’s construction output volume declined by 0.5% in October 2024 compared to the same month last year, according to raw...

Videoton to Finish 2024 With Revenue of Around HUF 300 bln

Electronics manufacturing services company Videoton expects to close 2024 with net revenue of around HUF 300 bln, chairman-CEO Gábor Széles...