BBJ - Budapest Business Journal

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel Budapest, for the 7th Pharma CEO Breakfast by the BBJ and its professional partners, PHOENIX Pharma and BENU.

Budapest

Budapest Reaches 100 Short CAF Trams as Fleet Expansion Continues

Budapest’s 100th short CAF tram has entered service, marking a milestone in the capital’s fleet renewal program, the Budapest Transport Center (BKK) said.

Interview

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority.

INSIDE VIEW

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Energy Efficiency Also a Tax Opportunity

The Price of Medicine: How Discrediting a Competitor Became EUR 1 bln Competition law Risk

Transfer Pricing Remains a Perennial Pharma Industry Issue: New Regulations Bring Fresh Challenges

Pay Transparency: A Practical Tool for Comparing the Value of Different Roles

Energy Investment in Hungary: Sectors, Returns, and the Legal Infrastructure That Makes it Possible

Europe’s new Insolvency Rulebook: What it Means for Hungary

Cyber Resilience Act: Companies Face First 2026 deadline

From Pay Reporting to Litigation Risk: The Impact of the EU Pay Transparency Directive

Hungary’s Proposed Insolvency Regime: What Would the Draft Law Change?

Sci-Fi Today: Tax Returns Entrusted to Machines

Advantages of Hungarian Trust Asset Management Also Available to Foreigners

Mind the 5%: Getting Ahead of Gender Pay Gap Rules in Hungary

Adaptive Reuse of Existing Office Building Stock: Legal Pitfalls

Double Benefit: Energy Efficiency With Tax Benefits

Retail

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

Pharma

FDA Accepts Richter’s Fylrevy Menopause Therapy Application for Review

The U.S. Food and Drug Administration (FDA) has accepted Gedeon Richter’s new drug application for Fylrevy, the Hungarian pharmaceutical company...

PRESENTED CONTENT

Rethinking Data Strategies From Storage to Recovery

EU Funding Upgrades the Electricity Grid, the Foundation of the Future Energy System

Renewing the Spirit of Countryside Wellness Hospitality

Debrecen to Host Europe’s Battery Leaders at Hungarian Battery Days in November

The Business Case for Building Less, and Managing Better

Seven Pearl Tops Out in Budapest’s Historic Heart

Conferences

Margrethe Vestager to Deliver Keynote at ABSL Forum in Budapest

Margrethe Vestager, former European Commission Executive Vice President and EU Competition Commissioner, will deliver a keynote at the ABSL Forum...

Interview

DUIHK Central to the German-Hungarian Bilateral Economic Relationship

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In this interview with the...

BUSINESS

Pharma

Egis Opens Major Pharmaceutical Distribution Center in Fót

Egis has opened a distribution center in Fót with capacity for 30,000 pallets, expanding its finished-product logistics operations to support...

Construction

Civil Engineering Surge Masks Decline in Building Construction

Civil engineering output more than doubled in Hungary in August, while building construction declined and the volume of new contracts...

Workload Outweighs Pay as Source of Workplace Distress

Workload, lack of recognition and job insecurity drive workplace distress among Hungarian employees, while pay remains their top priority, according...

Appointments

CBRE Hungary Expands China Desk as Chinese Clients Pursue European Projects

CBRE Hungary has appointed Tu Yunfeng as business development manager at its China Desk, expanding the Budapest-based team as Chinese...

Spar Files New EU Complaint Over Hungary’s Retail Tax

Spar has filed another complaint with the European Commission over Hungary’s retail sector tax, arguing that amendments offer relief only...

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Continest and Sweden’s Flexotrap Join Forces on Modular Shooting Ranges

As defense spending grows in importance across Europe following Russia’s full-scale invasion of Ukraine, local firm Continest Technologies Plc. and...

Hungary’s Housing Costs Drive Buyers Toward Garden Plots and Former Wine Cellars

Rising house prices and living costs are pushing more buyers toward properties on Hungary’s outlying garden plots and vineyard land,...

ECONOMY

Analysis

VOSZ Business Confidence Index Declines in Q3 2026

Hungarian business association VOSZ’s business confidence index fell two percentage points to 50% in the third quarter of 2026, according...

Ratings

Fitch Sees Hungary’s Deficit Narrowing but Debt Burden Rising

Hungary’s budget deficit is expected to narrow and growth to accelerate in 2027, but rising debt and fiscal vulnerabilities continue...

Analysis

EY Urges Early Preparation for Hungary’s Proposed Wealth Tax

Hungary’s proposed wealth tax could create new obligations for wealthy individuals, trusts and private foundations, with the first assessment generally...

Analysis

IMF Sees Window for Hungary’s Economic Revival, Urges Swift Reforms

Hungary has a “uniquely favorable window of opportunity” to revitalize its economy, but must act quickly to turn market confidence...

MNB Cites Global Uncertainty Behind September Rate Hold

Global economic uncertainty constrained Hungary’s monetary policy room for maneuver, the National Bank of Hungary’s (MNB) Monetary Council agreed at...

Equilor: 2033 Earliest Date for Hungary to Adopt the Euro

Hungary could adopt the euro no earlier than 2033, according to a new assessment by Equilor Investment, which acknowledges improving...

Geothermal Energy: ‘Enormous’ Potential in Europe Still Awaiting Full Exploitation

Hungary boasts modest progress in exploiting geothermal energy at the Budapest summit, while experts highlight many conundrums hampering development across...

Bosch-Richter Survey Finds Hungarians Open to AI, Health Tech and Safer Mobility

A survey presented at BoschxRichter Innovators’ Day suggests Hungarians prioritize health and financial stability while welcoming technology that improves safety...

POLITICS

Domestic

Court Upholds Detention of Former Hungarian Minister Hankó in HUF 17 bln Grant Case

The Kecskemét Regional Court has upheld the pretrial detention of former Culture and Innovation Minister Balázs Hankó and former State...

EU

Hungary’s Rule-of-Law Reforms Unlock EUR 4.2 bln in EU Funds

The Council of the European Union has approved a European Commission proposal to end Hungary’s rule-of-law conditionality procedure, making EUR...

Domestic

Hungarian Mother Gets Suspended Sentence for Hiding Daughter From Italian Father

A Hungarian woman who hid her daughter from the girl’s Italian father for more than a decade has received a...

Government

Hungary Grants Temporary Diesel Tax Relief to Freight Operators

Hungary will provide temporary diesel excise tax relief of HUF 25 per liter for trucks weighing more than 7.5 metric...

Orbán Urged to Clarify Whether He Ordered Ukrainian Cash and Gold Convoy Stop

Defense Minister Romulusz Ruszin-Szendi has called on former PM Viktor Orbán to clarify whether he ordered Hungarian authorities to stop...

Corruption Ranks Among Hungarians’ Top Concerns

Hungarians ranked corruption as the country’s third-most pressing social problem after inflation and public health care, according to a representative...

Romanian National Charged With Forcing Hungarian Man Into Servitude

A Romanian man has been charged with forcing a Hungarian man into servitude through violence and threats, the Pest County...

Germany Celebrates Fall of the Iron Curtain as a Joint Achievement

Germany’s new ambassador to Hungary, Alexander Schönfelder, took up his post in August. In his first interview with the BBJ,...

BUDAPEST

Budapest

MGYOSZ Backs Preparations for Budapest 2036 Olympics Bid

The Confederation of Hungarian Employers and Industrialists (MGYOSZ) has endorsed preparations for a Budapest bid to host the 2036 Summer...