Anikó Fenyvesi

Pharma

Polish footwear giant expands store at Budapest’s Pólus Centre

CCC shoe retailer has expanded its store at the Pólus Center and now occupies 930 sqm of retail space, real...

Sustainability

CBRE: Hungary’s investment volume doubles in Q1, forecast upbeat

Hungary’s investment volume reached €208 million in the first quarter, nearly double that of the same quarter last year, according...

Telco

Norbi Update shares could be delisted

Shareholders of Norbi Update, the Hungarian lifestyle and nutrition franchise company, could vote to delist the firm’s shares during an...

History

Hungarian billionaires appear in Panama Papers leak

Links to a handful of Hungary’s wealthiest individuals have recently been uncovered amid the reams of documents contained in the...

Issues

Translator allegedly alters refugeeʼs testimony, could get jail time

A translator employed by the prosecution to translate the testimony of an asylum seeker charged for inciting a riot at...

Initiatives

Spending revelations spur calls for central bank chiefʼs ouster

Opposition politicians yesterday demanded the resignation of National Bank of Hungary (MNB) Governor György Matolcsy, amid continued revelations of apparently...

Food

KSH: Telecommunications, internet service fees up 0.5% in 2015

Telecommunications and internet services fees increased by a marginal 0.5% in 2015, remaining well below the overall 1.9% increase on...

Social

Balaton Sound confirms new lineup

Several new acts have been confirmed for the lineup of Balaton Sound, a five-day electronic music festival held every summer...

Telco

Budapest Festival Orchestra to receive HUF 200 mln less in funding

The Budapest Festival Orchestra (BFO) will receive only HUF 60 million in funding from the City of Budapest this year,...

Tourism

KSH: Hungary’s jobless rate drops a hair to 6% in Q1

The unemployment rate in Hungary dropped 0.1 of a percentage point to 6% during the period of January-March, the Hungarian...

Tourism

Report: Gerkens and RTL could sue each other for € 1 mln

Dirk Gerkens, the former CEO of Hungaryʼs largest commercial TV station RTL Klub, now head of leading competitor TV2, could...

Social

BSE to host World Exchange Congress in 2017

The Budapest Stock Exchange (BSE) will host the World Exchange Congress on March 22-23, 2017 during which leaders from stock...

Office Market

CBRE: South Buda micro-market reaches lowest vacancy rate in the capital

The Lágymányos micro-market located in the north western part of South Buda reached a 1.7% vacancy rate in Q1 2016,...

Awards

Invitel enhances domestic and international wholesale services

Hungarian telco Invitel will launch a new department to better serve its domestic and international wholesale partners, according to a...

Competition

AmCham, HACA sign cooperation agreement

The Chairman of the Hungarian Association of Customs Affairs (HACA) József Vizsy and American Chamber of Commerce (AmCham) board member...

Awards

Turning recruitment into a game

Using a technique called gamification, Hungarian companies help engage potential job candidates and build their employer brand....

City

Gov’t decree could initiate HUF 150 bln-200 bln in developments near airport

The Hungarian government could declare a project to develop properties valued at HUF 150 billion-200 bln near the capital’s Liszt...

Int'l Relations

Hungarian National Trading House office opens in Slovakia

The Hungarian National Trading House (MNKH), created by the Hungarian state to support opportunities for domestic companies on markets abroad,...

Incubators

Telenor launches accelerator program to support Hungarian startups

Telenor announced the launch of its first accelerator program in Hungary to support local startups in their penetration of the...

Pharma

IMD lifts Hungary’s ranking by two spots

Hungary’s ranking among the world’s most competitive economies rose two rungs to 46th place, according to a press release issued...

Awards

CEE economy benefits from women in leadership

The CEO of PwC for Central and Eastern Europe, Olga Grygier-Siddons, spoke to the Budapest Business Journal about the role...

Visits

Orbán: Brussels will back down from migrant quota

Hungary’s referendum on the migrant quota will allow the Hungarian people to decide what kind of European Union they want,...

Awards

Report: Hungarian personal bankruptcy requests up 10%

Requests for personal bankruptcy submitted by Hungarian families were up 10% in the past month month with 385 applicants availing...

Deals

Lázár: Despite drop in GDP, growth projections remain

Many factors lie behind the contraction in GDP in the first quarter, including a dramatic decrease in EU funds being...

Deals

Telekom to host 7th annual SMART Conference

Magyar Telekom, the Hungarian subsidiary of Deutsche Telekom will host the seventh annual SMART Conference in Budapest on May 23...

Office Market

HB Reavis acquires third property in Budapest

International real estate developer HB Reavis announced the acquisition from Europa Property Fund of the BEM Palace in Budapest, the...

Sights

Eurostat: Hungary’s Eximbank is not a bank

Eurostat, the EU statistics office, refutes the claim by the head of the Hungarian Central Statistical Office (KSH) that Eximbank...

Visits

PM announces plans to build test track for self-driving cars

The government will build an automotive test track in Zalaegerszeg, western Hungary, Prime Minister Viktor Orbán announced during the “Car...

Telco

Audi Hungaria revenues up 12% to HUF 2.6 trillion in 2015

Audi Hungaria Motor Kft.’s net revenues were up 12% last year reaching HUF 2.609 trillion, while the firm received state...

History

Hungary-U.S. Business Council to hold forum in July

The Hungarian-U.S. Business Council will hold a meeting in Budapest in July to strengthen economic ties between the two countries,...

Turning recruitment into a game

Using a technique called gamification, Hungarian companies help engage potential job candidates and build their employer brand....

Gov’t decree could initiate HUF 150 bln-200 bln in developments near airport

The Hungarian government could declare a project to develop properties valued at HUF 150 billion-200 bln near the capital’s Liszt...

Hungarian National Trading House office opens in Slovakia

The Hungarian National Trading House (MNKH), created by the Hungarian state to support opportunities for domestic companies on markets abroad,...

Telenor launches accelerator program to support Hungarian startups

Telenor announced the launch of its first accelerator program in Hungary to support local startups in their penetration of the...

IMD lifts Hungary’s ranking by two spots

Hungary’s ranking among the world’s most competitive economies rose two rungs to 46th place, according to a press release issued...

CEE economy benefits from women in leadership

The CEO of PwC for Central and Eastern Europe, Olga Grygier-Siddons, spoke to the Budapest Business Journal about the role...

Orbán: Brussels will back down from migrant quota

Hungary’s referendum on the migrant quota will allow the Hungarian people to decide what kind of European Union they want,...

Report: Hungarian personal bankruptcy requests up 10%

Requests for personal bankruptcy submitted by Hungarian families were up 10% in the past month month with 385 applicants availing...

Lázár: Despite drop in GDP, growth projections remain

Many factors lie behind the contraction in GDP in the first quarter, including a dramatic decrease in EU funds being...

Telekom to host 7th annual SMART Conference

Magyar Telekom, the Hungarian subsidiary of Deutsche Telekom will host the seventh annual SMART Conference in Budapest on May 23...

HB Reavis acquires third property in Budapest

International real estate developer HB Reavis announced the acquisition from Europa Property Fund of the BEM Palace in Budapest, the...

Eurostat: Hungary’s Eximbank is not a bank

Eurostat, the EU statistics office, refutes the claim by the head of the Hungarian Central Statistical Office (KSH) that Eximbank...

PM announces plans to build test track for self-driving cars

The government will build an automotive test track in Zalaegerszeg, western Hungary, Prime Minister Viktor Orbán announced during the “Car...

Audi Hungaria revenues up 12% to HUF 2.6 trillion in 2015

Audi Hungaria Motor Kft.’s net revenues were up 12% last year reaching HUF 2.609 trillion, while the firm received state...

Hungary-U.S. Business Council to hold forum in July

The Hungarian-U.S. Business Council will hold a meeting in Budapest in July to strengthen economic ties between the two countries,...