BBJ

HR

Unemployment Rate at 4.4% in January, Employment Rises

Hungary's unemployment rate for people aged 15–74 stood at 4.4% in January, with 214,000 people unemployed, according to data released...

Analysis

Seed Executive School Celebrates 10 Years of Leadership Education

Founded in 2014, Seed Executive School has developed a wide range of leadership training programs over the past decade and...

Tourism

Hungary Sees Significant Rise in Tourism in January 2025

The tourism sector continued its upward trend in January, with 1 million guests spending nearly 2.3 million nights at commercial,...

Figures

Average Gross Earnings in Hungary Rise 11% in December 2024

Full-time employees in Hungary earned an average gross salary of HUF 727,700 in December 2024, marking an 11% increase year-on-year,...

Podcasts

Is Your Business Truly Digitally Transformed? -CBI Podcast

In an era where digital transformation is the key to resilience, are organizations genuinely evolving, or just going through the...

People

Top 50 Business Services Executives: Byung Kim

Byung Kim, lead country manager and lead controller at ExxonMobil Hungary, secured his place among Hungary’s Top 50 Business Services...

Transport

Hungary Plans Major Highway Code Overhaul – Here Are The Key Changes Ahead

Hungary is considering significant changes to its Highway Code, or Kresz, with proposed updates covering everything from speed limits and...

People

Top 50 Business Services Executives: Zoltán Czuprik

Zoltán Czuprik, serving as senior director of GBS Shared Services Global Customer Care and site lead at Thermo Fisher Scientific...

People

Top 50 Business Services Executives: Ferenc Dákai

Since taking the helm at Leadec Kft., Ferenc Dákai has overseen remarkable growth, doubling sales and expanding the company’s workforce,...

Innovation

Hungary Launches HUF 5 bln Project to Boost Research and Innovation Ecosystem

Hungary has launched a HUF 5 billion initiative aimed at strengthening the country’s research, development, and innovation (RDI) ecosystem, according...

Events

Budapest Burns Supper Hopes to Raise HUF 20 mln for Sick Hungarian Kids

The Grand Ball Room of the Corinthia Hotel Budapest was packed out with guests in Black Tie, ball gowns and...

Appointments

New HR Director at Hungary’s Largest Fleet Management Company, Ayvens

Ayvens Hungary, the country’s largest fleet management and mobility service provider created by the merger of ALD Automotive and LeasePlan,...

Analysis

Chamber of Commerce Corner, January 24, 2025

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information...

Startups

Carbon Footprint Reduction Startup Goes Global, Backed by STRT Portfolio

A Hungarian startup specializing in reducing the carbon footprint of digital marketing activities, including websites and email campaigns, has secured...

Analysis

Chamber of Commerce Corner, February 7, 2025

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information...

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...

Social

Annual Bonfire Night Charity Celebration Returns Nov. 5

The team behind expat portal XpatLoop.com will host its annual Bonfire Night charity fundraiser Thursday, Nov. 5, combining an evening...

Pollution

Dongwha Plant’s Environmental Permit Revoked in Hungary

The environmental permit for South Korea’s Dongwha electrolyte manufacturing and NMP recycling plant in Sóskút has been revoked following an...

Energy

Large-scale Energy Storage Enters Center Stage

The role of storage in Hungary’s energy supply system was neglected for far too long. Now things are moving fast,...

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...

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...

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...

Hungary to Open Communist-Era Secret Service Files on November 4

Hungary’s government will make communist-era secret service documents public on Nov. 4, fulfilling one of the ruling Tisza Party’s main...

House of Music Hungary Takes Programs Beyond Budapest

House of Music Hungary marked International Music Day on Oct. 1 with a press conference outlining plans to expand its...

Michelin Celebrates 30th Anniversary of Presence in Hungary

Michelin celebrated the 30th anniversary of its presence in Hungary at an anniversary event at its Nyíregyháza facility (231 km...

Magyar Congratulates Serbia’s Student List on Election Victory

Prime Minister Péter Magyar congratulated the leaders of Serbia's opposition Student List in a phone call after their victory in...

Budapest’s Castle District Proposes Short-Term Rental Ban From 2028

Budapest’s District I council has published a draft decree that would ban short-term rentals in the Buda Castle area from...

Citi Appoints Zoltán Schwardy as Country Officer and Banking Head for Hungary

Citi has announced the appointment of Zoltán Schwardy as Citi country officer (CCO) and banking head for Hungary, effective Sept....

Hungary’s Gross Wages Rise 8.4% to HUF 740,600 in August

Average gross monthly earnings for full-time employees in Hungary rose 8.4% year-on-year to HUF 740,600 in August, according to the...

Annual Bonfire Night Charity Celebration Returns Nov. 5

The team behind expat portal XpatLoop.com will host its annual Bonfire Night charity fundraiser Thursday, Nov. 5, combining an evening...

Dongwha Plant’s Environmental Permit Revoked in Hungary

The environmental permit for South Korea’s Dongwha electrolyte manufacturing and NMP recycling plant in Sóskút has been revoked following an...

Budapest Mayor Announces ‘Wave of Development Projects’

A “wave of development projects” will begin in Budapest soon, Mayor Gergely Karácsony said this week. Investments will proceed with...

Large-scale Energy Storage Enters Center Stage

The role of storage in Hungary’s energy supply system was neglected for far too long. Now things are moving fast,...

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...