Manufacturing

Korean Battery Companies in Hungary Sign Joint ESG Pledge

South Korean battery companies operating in Hungary have signed a joint declaration committing to stronger environmental protection, safety standards and respect for workers’ rights.
Pharma

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses the int'l trends reshaping the sector.

INSIDE VIEW

PRESENTED CONTENT

BUSINESS

Residential

Buyers Push Back against Overpriced Homes as Market Shifts

Hungary's housing market grew more polarized in Q3 2026, according to OTP Ingatlanpont , with Budapest home prices reaching affordability...

MOL Gets U.S. Clearance for Preparatory Steps in NIS Acquisition

MOL has received a U.S. sanctions license authorizing certain preparatory transactions related to its potential acquisition of a stake in...

Revolut Valuation Reaches USD 115 bln After Fundraising

Revolut has completed a fundraising transaction valuing the company at USD 115 billion, following a series of banking launches and...

MSD Hungary Managing Director Sean R. Smith to Take Global Role

Sean R. Smith will conclude his assignment as managing director of MSD Hungary at the end of 2026 and move...

Magyar Telekom Q3 Profit Rises 7.5% as Revenue Grows

Magyar Telekom’s Q3 net income rose 7.5% year-on-year to HUF 59.5 bln, supported by similar revenue growth. The company reaffirmed...

ECONOMY

Economy

CEE4Impact Day Tests Case for Regenerative Capitalism in CEE

CEE4Impact Day 2026 brought impact investors, entrepreneurs, fund managers, corporations, and institutional capital providers to Budapest’s Museum of Ethnography on...

OTP Says Exposure Limited as Paraguay’s Ueno Bank Enters Insolvency

OTP Bank said its USD 47 million investment in Paraguay’s Ueno Bank represents a small exposure for the Hungarian lender...

K&H: Delayed Investments Deepen Agricultural Crisis

Hungary's agricultural sector remains under pressure after years of postponed efficiency-enhancing investments, with K&H Bank reporting that its Agricultural Confidence...

EU Fast Track to Unicorn Status Thru Little-known State Aid

An EU state subsidy that has long been under the radar allows companies to make it big on the European...

Budapest Stock Exchange Turnover Jumps 24% in October

Equity turnover on the Budapest Stock Exchange (BSE) rose 24% month-on-month to HUF 701.8 billion in October, the exchange said....

POLITICS

Int'l Relations

No Hungarian Casualties Reported in Krakow Shooting, Ministry Says

Hungary’s Foreign Ministry said Saturday evening that it had no information indicating any Hungarians were among the casualties of a...

Budapest’s Chain Bridge to Light Up in Swiss Colors on November 5

Budapest’s Chain Bridge will be illuminated in red and white on the evening of November 5 to mark the 80th...

Hungary and U.S. Deepen Security Ties, Target Far-Left Extremism

Hungarian Foreign Minister Anita Orbán and U.S. Secretary of State Marco Rubio signed counterterrorism and energy cooperation agreements Thursday....

EP Vice President Welcomes Hungary’s Reforms, Says Concerns Remain

European Parliament Vice President Sophie Wilmès welcomed changes under way in Hungary since the April election, describing reforms as encouraging...

Hungarian President Offers Condolences After Deadly Spain Train Crash

President András Baka expressed condolences to the families of those killed in a train crash in Spain on Wednesday, his...

BUDAPEST

Culture

Patience Still Required From Those Wanting Cultural Funding Reform

Dávid Zsoldos, president of the Hungarian Music Council, talks to the Budapest Business Journal about how cultural funding has evolved...

Hungary Makes Christmas Eve a Public Holiday Starting in 2026

December 24 will become a public holiday in Hungary starting this year after Parliament unanimously approved a bill submitted by...

More Than 200 WWII Explosives Found at Budapest Construction Site

Bomb disposal specialists recovered more than 200 World War II explosive devices and fragments at a construction site on Üllői...

Upcoming German-Hungarian Business Forum at Kecskemét

What opportunities does the next chapter of German-Hungarian economic cooperation hold? The German-Hungarian Business Forum will explore the challenges and...

Budapest Proposes Climate Adaptation Law and Tiered Water Tariffs

Budapest’s City Assembly has approved proposals for climate legislation and water tariff changes, arguing that outdated regulations hinder the capital’s...