Business

Inside View

Real or Fake Discount: New Rules on B2C Price Campaigns

May 2022 brought several wide-ranging changes in consumer protection as a result of the implementation of EU consumer protection legislation,...

Interview

Market Talk: New Government, New Laws, Fee Fears and Fresh Trends

Some of the leading legal brains in Budapest talk to the Budapest Business Journal about the challenges and opportunites facing...

Telco

Wolf Theiss Advises 4iG on Albanian Acquisitions

Wolf Theiss has announced that it advised 4iG Nyrt. on the acquisition, followed by merger clearance, of two important players...

Telco

Windfall tax could lead to tariff increases in the telco sector

The telecommunications sector is particularly affected by the government's extra profit tax regulation, which, because of the low revenue threshold,...

Retail

First Wolt Market outside Budapest opens

The first Wolt Market unit outside Budapest is now open in Pécs, according to a press release sent to the...

Deals

Bank support for the success of town development projects

An agreement signed yesterday between OTP Bank and the National Association of County Local Governments is looking to contribute to...

Logistics

Foxpost aims to have 850 parcel lockers by year-end

Foxpost now operates 560 parcel lockers across the country and plans to raise that number to 850 by year-end, CEO...

Residential

Cordia starts construction of luxury apartments in Spain

Residential developer Cordia has started the construction of Jade Tower on the Costa del Sol in Spain and direct sales...

Manufacturing

Alstom offering 100 new jobs in Mátranovák

Alstom is offering new long-term domestic job opportunities at its factory in Mátranovák (93 km northeast of Budapest), mainly for...

Manufacturing

Romania industrial production in April falls on year

Romania's industrial production fell by 6.9% year-on-year in April, following an upwardly revised 4.0% drop a month earlier, data released...

Transport

Hungary mulls introduction of German-style discounted transit pass

Hungary's government will weigh the introduction of a discounted public transit pass like Germany's EUR 9 summer travel ticket, Technology...

Interview

Are men at risk? – Reflections on men’s health

Professors and senior doctors from Dr. Rose Private Hospital have joined forces to raise awareness of the importance of men's...

HR

Only 1/3 still work from home

One in three office workers work wholly or partly from home, while only one-fifth of employers allow employees to spend...

Transport

Ryanair calls Hungary’s windfall tax “idiotic”

Discount airline Ryanair called on Hungary's Minister of Economic Development Márton Nagy to explain why airlines that reported record losses...

Construction

Construction output volume up 3.2% y.o.y. in April

The volume of construction output in April 2022 surpassed the previous year’s level by 3.2%, according to raw data published...

Transport

Lake Balaton Cycling Upgrades to Add Wider Paths and New Bridges

Nearly 20 km of the Lake Balaton cycling circuit will be renovated under two programs financed through EU and domestic...

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....

Retail

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...

Pharma

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...

Interview

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...

Pharma

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...

Construction

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...

HR

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...

Appointments

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...

Retail

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...

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...

Manufacturing

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...