Anikó Fenyvesi

Analysis

Fidesz approves of its politician sentenced for embezzlement

Pécs’s Fidesz-dominated general meeting approved of Ibolya Fodor’s mandate in a closed session after the MSZP party asked for a...

Telco

Hotel in Szarvas Hungary undergoes HUF 370 mln expansion

The Liget Wellness and Conference Hotel located in Szarvas in southeastern Hungary, will expand its premises with a spa and...

Initiatives

Zombor: Structural reforms in healthcare will not result in layoffs

Under-secretary for healthcare Gábor Zombor denied rumors that according to government calculations, the planned structural reforms of the national healthcare...

Initiatives

Government encourages ECB’s quantitative easing

The Hungarian Ministry of Economy welcomed yesterday's announcement by European Central Bank chairman Mario Draghi that there would be quantitave...

Competition

Áder: The levy on solar panels was our common mistake

Shortly after the bill was passed, the President of Hungary, János Áder (pictured) said in an open letter to the...

Retail

Auchan, Spar: Further store closures possible

The dramatic increase of the grocery store supervisory fee has forced Spar to plan cutbacks in all areas, the international...

Sights

Goodfriend comments on Orbán’s immigration policy

In response to Orbán’s comments in opposition to immigration, U.S. Chargé d’Affaires André Goodfriend has turned to the son of...

Sights

Rogán: Financing of anti-government demos must be investigated

Investigating the funding of anti-government demonstrations will be part of the so called “action plan for the defense of the...

Competition

Survey: Salaries to grow by 5.3% in Hungary in 2015

International corporations present in Hungary have, on average, increased salaries by 4.6% in 2014, while inflation was virtually zero during...

Analysis

EY: GDP growth to slow down in 2015

EY (formerly Ernst and Young) expects the Hungarian GDP to grow 3.2% this year and continue to grow in the...

Awards

foodpanda acquires Hungarian NetPincér

Leading food delivery service foodpanda acquired Hungarian peer NetPincér, according to a press realease issued by foodpanda yesterday....

Sights

Tobacco trade centralization bill passed

The Hungarian parliament yesterday approved a measure to increase tax on tobacco products in two phases, first in April and...

EU

GKI: 2015 economic trends in Hungary uncertain

GKI research firm forecast a 2% GDP growth for 2015, down from 3.2% this year, the firm said yesterday. Slower...

Visits

Report: Merkel has serious agenda for meeting with Orbán in February

Angela Merkel’s meeting with Prime Minister Viktor Orbán scheduled for February 2 will be more than a protocol visit, according...

Visits

PM: Vida should sue Goodfriend for libel

Bristling at being called a "neo-fascist" dictator by a U.S. senator, Prime Minister Viktor Orbán complained today in his regular...

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,...