Business

Interview

Gov’t prepares for Ft 350 bln budget consolidation

The government is preparing measures which will reduce the general government deficit by Ft 300 billion-Ft 350 billion, national daily...

Deals

Nearly 100,000 jobs available in April

Hungary's labor centers reported nearly 100,000 jobs available in April, the state employment service said on Wednesday....

Automotive

Suzuki plant boosts output 54% in 2005

Production volume at Magyar Suzuki Rt's plant in Esztergom, north Hungary increased 54% in the first quarter compared to the...

Competition

TV2 files lawsuit against DigiTV

TV2, Hungary's second-rank commercial television channel, has filed a lawsuit against up-and-coming Romanian satellite TV provider DigiTV for airing its...

Transport

Blue1 launches Budapest-Helsinki flight

Finnish airline Blue1 launched on May 1 a scheduled flight between Helsinki and Budapest, to operate three times every week,...

Deals

Graphisoft AGM approves separation of software, real estate activities

Shareholders at Graphisoft Rt's annual general meeting on April 28 approved the board's proposals to separate its software development activities...

Pharma

AAM revenue increases 38% in 2005

AAM Zrt, an independent management and IT consultancy company, said it had revenue of Ft 2.322 billion in 2005, 38%...

Deals

Synergon boosts stake in Czech subsidiary

IT company Synergon Rt announced late on Friday it had increased its stake in its Czech unit Infinity SA from...

Deals

TriGránit appoints new president

Nathaniel Rothschild has been appointed chairman of the board of Hungary-based construction and property developer company TriGránit Rt, and former...

Retail

BBJ conference focuses on tourism sector developments

The BBJ’s “Investment and Tourism” conference held last Thursday at the Corinthia Grand Hotel Royal focused on tourism projects, details...

Telco

Pannonplast net profit Ft 109 mln in Q1

Plastics maker Pannonplast Rt had consolidated net profit of Ft 109 million in the first quarter of 2006, as against...

Transport

Czech low cost airline to fly from Budapest

Smart Wings, a Prague-based budget airline, plans to open a second base in Budapest by October, a company official announced...

Pharma

Bosch sparks increased investment, jobs

German automotive, industrial, and consumer goods manufacturer Bosch announced that it would create around 700 new jobs in Hungary by...

Telco

Mol shareholders approve Ft 35 bln dividend on 2005 profits

Shareholders of Hungarian oil and gas company Mol Rt approved at an AGM on Thursday payment of a Ft 35...

Real Estate

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Retail

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

Business

Working for a Competitive Advantage – The Latest Issue of the BBJ

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In an interview with the...

Real Estate

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...

Automotive

Budapest Cuts EV Parking Discounts but Keeps Benefits Until 2030

Budapest's City Assembly voted to reduce the parking discount for electric and hydrogen vehicles to 50%, keeping the benefit in...

Business

Former Hungarian Ministers Seszták and Hankó Detained After Immunity Lifted

Opposition lawmakers and former ministers Miklós Seszták and Balázs Hankó were detained on Monday after Parliament suspended their immunity, according...

Automotive

Wallis Builds Next Growth Phase on Local Knowledge and Leadership

Gyula Mező, CEO of Wallis Asset Management, tells the BBJ how the group is allocating capital, managing an increasingly int'l...

What Might Dogs Reveal About Human Communication?

A Hungarian-led research team working out of the Department of Ethology at ELTE in Budapest is working to discover what...

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Hungary Retail Sales Rise 2.4% in August

Hungary’s retail sales volume increased 2.4% year on year in August but fell 0.7% from July, according to data from...

Hungarian EV Market Continues to Grow, Leading CEE

Electromobility in Hungary continues to grow. In the first half of the year, 7,497 new all-electric passenger cars were registered,...

GTA VI Preview Sends Hungarian Console Interest Surging

Clicks from Hungarian price comparison site Árukereső to online console retailers rose roughly sevenfold the day after the Aug. 27...

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

18,000 Truck Drivers Near Retirement, Hungary Faces Shortage

Europe currently has more than 500,000 unfilled truck‑driver positions, and another 600,000 drivers are expected to reach retirement age in...

Working for a Competitive Advantage – The Latest Issue of the BBJ

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In an interview with the...

Hungary’s Industrial Producer Prices Rise 4.8% as Energy Export Prices Surge

Hungary’s industrial producer prices rose 4.8% year-on-year in August and 2.9% from July, with energy export prices climbing sharply amid...

Szentkirályi to Take Over Almdudler Distribution in Hungary From January.

Szentkirályi Magyarország is set to take over Hungarian distribution of popular Austrian herbal soft drink Almdudler on January 1, 2027....

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...

Budapest Cuts EV Parking Discounts but Keeps Benefits Until 2030

Budapest's City Assembly voted to reduce the parking discount for electric and hydrogen vehicles to 50%, keeping the benefit in...

Former Hungarian Ministers Seszták and Hankó Detained After Immunity Lifted

Opposition lawmakers and former ministers Miklós Seszták and Balázs Hankó were detained on Monday after Parliament suspended their immunity, according...

Wallis Builds Next Growth Phase on Local Knowledge and Leadership

Gyula Mező, CEO of Wallis Asset Management, tells the BBJ how the group is allocating capital, managing an increasingly int'l...

Government Gives Green Light to M49 Extension to Romanian Border

The government will proceed with the second phase of the M49 expressway, extending the road to the Romanian border, Transportation...