Business

Logistics

1st HelloParks Halls Already Fully Occupied

The first two warehouses of the industrial real estate developer HelloParks have become 100% occupied over a few months, according...

Manufacturing

Magnus Aircraft Unit Could set up EUR 90 mln Factory in China

A unit of Hungary's Magnus Aircraft could set up a manufacturing base in China with an investment of close to...

HR

Czech Jobless Rate Unexpectedly Ticks up in August

The Czech unemployment rate edged up to 3.4% in August from 3.3% in the previous month, the country's Labor Office...

Automotive

Duna Motors to Begin Selling MG Vehicles in 22 Dealerships

Duna Motors Disztribúció Kft, the Hungarian importer of the iconic British car brand Morris Garages, announced that it will officially...

Science

Pécs Uni Wins HUF 428 mln in Support

A research working group operating at the medical faculty of the University of Pécs (PTE) will develop solutions that can...

Manufacturing

Accell Hunland Celebrates 20 Years in Hungary

Accell Hunland, the manufacturer of bicycle brands such as Haibike, Ghost, Winora, Lapierre, and Raleigh, celebrated the 20th anniversary of...

Telco

Yettel Increasing Service Fees in October

Telco Yettel has announced that it will increase some of its tariffs from October to the same extent as last...

Retail

Czech Retail Sales Fall Further in July 

The Czech Republic's retail sales declined for the third straight month in July, data from the Prague-based Czech Statistical Office...

Innovation

Bosch Inaugurates Budapest Innovation Campus

German engineering giant Bosch inaugurated its Budapest Innovation Campus on Thursday, according to a report by state news wire MTI....

Transport

Gov’t Replacing 2/3 of MÁV-Start IC Fleet

The government has decided to replace more than two-thirds of the long-distance fleet of MÁV-Start IC, the passenger unit of...

Sustainability

Reports Highlight Sustainable use of Biodiversity, ‘Nature Values’ Preservation

Biodiversa+, the European Biodiversity Partnership, a network of ministries and agencies across Europe that support research, has introduced two reports,...

Interview

SAP: Birthdays, Growth and a Welcome Return

SAP Hungary managing director Szabolcs Pintér talks to the Budapest Business Journal about the long-awaited return of its annual conference,...

Appointments

Federico Giovine Named Gresham Palace Hotel Manager

Federico Giovine has been named the new hotel manager of Four Seasons Hotel Gresham Palace Budapest....

Pharma

Updated COVID Booster Jabs Arrive in Hungary

The first doses of a bivalent vaccine developed by Pfizer and BioNTech that targets both the original COVID-19 strain and...

Deals

ECB Clears OTP Acquisition of Slovenian Peer

The European Central Bank (ECB) has approved the acquisition of Nova KBM, Slovenia's second-biggest lender, by Hungary's OTP Bank, state...

Pharma

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Interview

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

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...

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

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...