Online sales in Hungary are growing at a pace three-fold that of retail sales, around 17-18%, and accounted for 4.5% of total retail sales turnover last year, eNet found.
Following domestic political scandals in several Central and Southeast European member states, many voters just want to give their ruling parties a kicking in this week's EU-wide vote.
Budapest eased restrictions on the employment of non-EU citizens in an effort to manage the labour crunch.
The Zalaegerszeg race track, one of its kind in the CEE region, has been specifically designed to test autonomous, connected, and electric vehicles.
The Hungarian company is pursuing alternative investments in line with its long-term strategy as it seeks to decrease dependence on its core business.
GDP growth reached a 19-year high of 5.3%, with the industrial sector unfazed by a slowdown in eurozone economies or the strike at Audi's Gyor factory.
Mediaworks, which is closely aligned with the ruling conservative Fidesz, says there are "political and ideological reasons" for the decision.
The automotive sector, which has the largest weight in the industrial sector, boosted output by 12.8% y/y in March, the highest rate in two-and-a-half years.
"You're respected all over Europe ... a little bit controversial, but that's okay,” US president tells Hungary’s illiberal prime minister.
Orban's close associate Lorinc Meszaros is ranked second on list that also includes PM's son-in-law Istvan Tiborcz and Istvan Garancsi, the owner of the premier's favourite football team.
While EU members are taking steps to end or phase out investment for citizenship programmes, the opposite is happening in some potential future members.
New strategy based on nuclear and renewable energy aims to cut greenhouse gas emissions by as much as 85% compared to 1990 levels by 2050.
Budapest opened talks on rescheduling the Russian loan for the Paks expansion when it became clear that the new blocks would not start operations in 2025-2026 as originally planned.
The Belt and Road Initiative (BRI) is no less than an attempt by the Chinese to reshape the international order, but it has acted as a strategic opportunist and has no clear development plan.
While their political parties are from different families, it’s clear that the two leaders see eye-to-eye on some important fundamental issues as they meet ahead of this month's European Parliament elections.
Warsaw wants the EU to devolve more powers to national governments and opposes deeper integration of some – mostly Western – member states in specific policy areas.
15 years after eight CEE states entered the EU, there have been significant economic gains, but in recent years this has been accompanied by a backsliding on democratic reforms.
RM International, a company owned by Lorinc Meszaros, is part of the consortium picked to upgrade the railway line connecting Budapest and Belgrade.
Foreign policies based on democracy export are "counter-productive" and "destabilising", says Hungarian Prime Minister Viktor Orban as he pursues deeper ties with Beijing.
After nearly three decades since the end of the socialist experiment many countries in Central and Eastern Europe (CEE) have made enormous progress, but they are still catching up to their western peers. But not in fintech.