BBJ

Int'l Relations

Hungarian Intelligence Engages with U.S. Authorities Regarding Rogán’s Case

Hungarian intelligence agencies have reached out to U.S. counterparts regarding the case of Antal Rogán, according to Zoltán Sas, chair...

Telco

Vodafone, Digi Rebranded as One Hungary, Westend Store Renewed

One Hungary, part of the listed 4iG group and the new name for its Vodafone, Digi, Antenna Hungária and Invitech...

Appointments

New CEO at One of the Oldest SAP Gold Partner Companies in Hungary

Starting from January 1, 2025, with the retirement of Péter Fárizs, Attila Molnár took over the leadership of Techwave Hungary...

Retail

Hungary’s Retail Sales Increase 4.1% in November

Hungary's retail sales volume grew by 4.1% in November 2024 compared to the same month last year, according to calendar-adjusted...

Industry

Hungary’s Industrial Production Falls by 4.2% in November

Industrial production in Hungary declined by 4.2% year-on-year in November 2024, according to unadjusted data released by the Central Statistical...

Manufacturing

Hungary’s Industrial Producer Prices Rise 7.9% in November

Hungary’s industrial producer prices rose by 7.9% in November 2024 compared to the same month the previous year, according to...

Int'l Relations

U.S. Sanctions Hungarian Minister Antal Rogán Over Corruption Allegations

The United States has added Hungarian government official Antal Rogán to its sanctions list, citing his alleged involvement in corruption,...

Trade

Hungary’s External Trade Records EUR 742 mln Surplus in November 2024

Hungary recorded a surplus of EUR 742 million in external trade in goods for November 2024, according to data published...

HR

Hungary’s Unemployment Rises to 4.5% in November 2024

Hungary’s labor market saw a decline in employment and a slight rise in unemployment in November 2024, according to data...

Politics

Magyar: 2025 Dedicated to Building New Hungary

Tisza Party leader Péter Magyar said that his party is a new force that is able to govern Hungary and...

Banking

Gránit Bank Launches Fully Online Credit for Blue-collar Workers

Gránit Bank has introduced credit for blue-collar workers that can be applied for entirely online, with successful applicants receiving an...

Awards

U.S. Ambassador to Hungary Pressman to be Awarded Wesley Prize 

U.S. Ambassador to Hungary David Pressman will be awarded the Wesley Prize on Wednesday, January 8 by the John Wesley...

Automotive

Suzuki Clinches Top Spot in Hungary’s Passenger Car Market in 2024

Suzuki came out on top in Hungary’s new passenger car segment in 2024, achieving a 12.94% market share with 15,732...

Business

Former AmCham Hungary President Huebner Passes Away at 90

Charles Huebner, former president of the American Chamber of Commerce in Hungary (AmCham) from 1997 to 1999, passed away on...

Analysis

Hungary’s Purchasing Managers’ Index Shows Moderate Growth in December

Hungary’s seasonally adjusted Purchasing Managers’ Index (PMI) stood at 50.6 in December, signaling slight growth in the manufacturing sector, according...

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...