Anikó Fenyvesi

Recycling

Lafarge Cement opens waste storage warehouse

Lafarge Cement Magyarország opened a warehouse for waste that will be incinerated at its plant in Királyegyháza in southwestern Hungary....

Telco

Tobacco firms receive tax incentive for job creation

The additional contribution tobacco companies are expected to pay into healthcare coffers next year could be reduced by as much...

History

Vida writes open letter to Goodfriend

Hungarian Tax Authority (NAV) chief Ildikó Vida wrote an open letter the day after the U.S. chargé d’affaires in Budapest,...

Deals

Hungarian state to acquire GE’s Budapest Bank

The acquisition of the smallest of Hungary’s large banks by the Hungarian state requires nothing more than a stamp of...

Awards

Sándor Demján Receives Lifetime Achievement Award

Representatives of the European real estate sector gathered for the fifth time this year at a gala organized by “EUROBUILD...

History

MNKH sets up shop in Morocco

The Hungarian National Trading House (MNKH) announced on Thursday that it had opened an office in Rabat, the capital of...

Office Market

CEU to rebuild its downtown campus

Budapest’s Central European University (CEU) announced that it will begin construction on the redevelopment of its downtown campus from January...

Telco

Századvég revenues grow tenfold

The Századvég group has seen its revenues grow tenfold in the past four years and 2015 might be the best...

Analysis

Russian sanctions said to have a cooling effect on Hungary’s economy

Sanctions in Russia, the conflict in Ukraine together with the euro zone’s sluggish economic growth, have had a chilling effect...

Analysis

Government officials: No rush to adopt the euro

After ten years as a member of the European Union, Hungary is still in no hurry to adopt the euro...

Visits

Merkel to pay a visit to Hungarian Prime Minister

German Chancellor Angela Merkel, is planning on paying a visit to the Hungarian Prime Minister in February, according to German...

Visits

Tension grows between union and Hankook

The Federation of Chemical Workers of Hungary (VDSZ) called for the government to enforce labor law and occupational safety regulations...

Ratings

Fitch leaves Hungary’s non-investment grade unchanged

Fitch Ratings is the third major rating agency to reaffirm Hungary’s non-investment grade rating, along with Standard & Poor’s and...

Retail

Report: Bunge notified tax authority of VAT fraud cases over two years ago

American food company Bunge had informed the Hungarian Tax Authority (NAV) in detail about massive VAT fraud cases more than...

In Hungary

MNB demands transparency from insurance brokers

The Hungarian National Bank (MNB) is demanding more transparency from online insurance brokers, vg.hu reported Thursday. The draft of a...

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,...