Business

Office Market

IWG Opens New Regus Office Building in Szeged

IWG, the world’s largest provider of hybrid working solutions with brands including Spaces and Regus, is opening a new flexible...

Appointments

Niveus Legal | Halmos & Jánosi Law Firm Established

At the beginning of 2023, Tamás Halmos and Zoltán Jánosi founded Halmos & Jánosi Law Firm and after the foundation...

Deals

INA ‘Integral Part’ of MOL Group, Hernádi Says

Zsolt Hernádi, the chairman-CEO of Hungary's MOL, said the oil and gas company's Croatian unit is an "integral part" of...

Manufacturing

Gyermelyi Inaugurates HUF 1.4 bln Egg Farm Expansion

Hungarian noodle maker Gyermelyi inaugurated a HUF 1.4 billion expansion at its egg farm in Máriahalom (30 km northwest of...

Retail

GVH Issues Recommendation to Ease Inflation in Dairy Sector

Hungary's Competition Office (GVH) issued recommendations last week to ease inflation in the dairy sector after a targeted, expedited probe,...

Interview

Tackling the HR Challenges of the Biggest Bank Merger in Recent Hungarian History

Integrating the corporate cultures of different entities for a merger is always an interesting business challenge. The Budapest Business Journal...

Interview

Inside ViennaUP’23: A Preview of This Year’s Highlights

The Budapest Business Journal talks with Gabriele Tatzberger, director of Startup Services at the Vienna Business Agency, about the most...

Pharma

Hungary’s Healthcare Industry Picking up Speed

Investments in pharma and medtech are badly needed in Europe to keep pace with overseas competitors and prevent a large-scale...

Science

New Therapeutic Approaches for Cardiovascular Disease

Researchers at the cutting-edge Szeged-based Hungarian Center of Excellence for Molecular Medicine (HCEMM) are taking on one of the biggest...

Interview

Joining the Data Dots in Personalized Healthcare

Medical director Dr. Richárd Kiss talks about the data-based approach Medipredict takes to bring ‘the long-held promise of personalized medicine...

Science

Let’s Get Phygital: Digital Patients Shaping the Future of Healthcare

Younger generations are bringing about new trends, which are slowly spreading to all areas of life. In healthcare, one such...

Science

Targeting Cancer Treatment as Soon as Possible

Research by a group of clinicians from across the country led by MSD Hungary and published in late November tries...

Transport

Sichuan Airlines Launches Chengdu-Budapest Cargo Flights

Sichuan Airlines, the leading airline in Western China, has launched a cargo flight between Chengdu Shuangliu International Airport in Sichuan...

HR

Croatia’s Unemployment Rate Edges Down in March

Croatia's registered unemployment rate fell to 6.5% in March from 6.9% in February, the Croatian Bureau of Statistics (Crostat) said...

Logistics

Logistics Parks Need Designation to Continue Ops After 2025

The government will require designation for logistics parks to continue operating after 2025, the Ministry of Economic Development said in...

Inside View

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

Appointments

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Inside View

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

Residential

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

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...

Civil Engineering Surge Masks Decline in Building Construction

Civil engineering output more than doubled in Hungary in August, while building construction declined and the volume of new contracts...

Workload Outweighs Pay as Source of Workplace Distress

Workload, lack of recognition and job insecurity drive workplace distress among Hungarian employees, while pay remains their top priority, according...

CBRE Hungary Expands China Desk as Chinese Clients Pursue European Projects

CBRE Hungary has appointed Tu Yunfeng as business development manager at its China Desk, expanding the Budapest-based team as Chinese...

Spar Files New EU Complaint Over Hungary’s Retail Tax

Spar has filed another complaint with the European Commission over Hungary’s retail sector tax, arguing that amendments offer relief only...

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Continest and Sweden’s Flexotrap Join Forces on Modular Shooting Ranges

As defense spending grows in importance across Europe following Russia’s full-scale invasion of Ukraine, local firm Continest Technologies Plc. and...

Hungary’s Housing Costs Drive Buyers Toward Garden Plots and Former Wine Cellars

Rising house prices and living costs are pushing more buyers toward properties on Hungary’s outlying garden plots and vineyard land,...

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

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...