Business

Telco

The Christmas Miracle Striking Balance in Life (And How Mobile Tech can Make it Happen)

Telco giant Telenor Hungary morphed into Yettel less than a year ago, and all signs point in the direction that...

Interview

Inside the EUR 82 mln Szallas Group Sale to Wirtualna Polska

The Budapest Business Journal talks with Szallas Group CEO József Szigetvári and BLS-CEE partner Erzsébet Szalay about the group’s recent...

HR

People Tend to Forget Healthy Eating, Exercise at Work

Tens of millions of European workers are affected by diseases resulting from a lack of adequate exercise and a conscious...

Logistics

Magyar Posta to Re-open a Number of Shuttered Post Offices

Magyar Posta will re-open a number of post offices in January, following "intensive and constructive" talks between its new management...

Telco

4iG Group Buying 5G Frequencies in Montenegro

One Montenegro, a member of the 4iG Group, has acquired resources for the implementation of 5G mobile network of high...

Pharma

Richter Issues Profit Warning 

Hungarian pharmaceutical company Gedeon Richter said a windfall profit tax on drugmakers introduced by the government on Friday will add...

Transport

Volánbusz Calls Tenders for 360 Buses

Volánbusz could take delivery of 360 buses next year, the state-owned bus company said on Friday, state news wire MTI....

Inside View

Significant Changes to the Labor Code From January 1, 2023

The most comprehensive amendment to the current Hungarian Labor Code (Act I of 2012 on the Labor Code) is expected...

Office Market

The MOL Campus, Budapest’s 1st True Skyscraper, Inaugurated

The MOL Campus, where around 2,500 employees will work, has been inaugurated. The 143-meter building will open its doors to...

Interview

Siemens Celebrates 135 Years in Hungary: Next stop, the Industrial Metaverse

Tamás Jeránek, CEO and president of Siemens Zrt., talks with the Budapest Business Journal about the German multinational’s 135th anniversary...

Deals

State to Buy out Talanx Stake in Magyar Posta Insurance Businesses

State-owned Corvinus International Investment Company has signed a contract to acquire 66.9% stakes in the life and general insurance units...

Office Market

Veeva Systems Hungary Relocates to RoseVille Office Development

Veeva Systems Hungary will relocate its Hungarian and regional HQ to RoseVille, under development by Atenor Hungary. The 2,500 sqm...

Residential

NEO Property Services Enters General Contracting Market in Big Residential Projects

NEO Property Services, a subsidiary of Akko Invest, a company listed in the Premium category of the Budapest Stock Exchange,...

Transport

Number of Road Accidents Involving Injury Falls in Q3

The number of road accidents involving injury in Hungary reached 4,246 in the third quarter, falling 4.3% from the same...

Retail

Poland Retail Sales Growth Improves in November 

Poland's retail sales growth improved in November, largely driven by a surge in sales of textiles, clothing and footwear, figures...

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...

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

FDA Accepts Richter’s Fylrevy Menopause Therapy Application for Review

The U.S. Food and Drug Administration (FDA) has accepted Gedeon Richter’s new drug application for Fylrevy, the Hungarian pharmaceutical company...

DUIHK Central to the German-Hungarian Bilateral Economic Relationship

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

Egis Opens Major Pharmaceutical Distribution Center in Fót

Egis has opened a distribution center in Fót with capacity for 30,000 pallets, expanding its finished-product logistics operations to support...

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...