Business

Transport

Ukraine Crisis: Wizz Air offers 100,000 free seats to Ukrainian refugees

Wizz Air today announced it will support Ukrainian refugees by offering them 100,000 free seats on all continental Europe flights...

HR

Labor market moving to more flexible working

In Hungary, the labor market is moving towards flexible working, according to a survey by the labor agency Randstad, writes...

Podcasts

Economies and elections – How will Hungary’s general election affect its economy in 2022?

The Budapest Business Journal organized an exciting roundtable discussion at the Expat CEO Boardroom meeting on February 10, with experts...

Podcasts

Marriott Hungary multi property general manager Arne Klehn discusses Marriott’s differentiators and sustainability strategy, his personal history and biggest challenges

Marriott Hungary multi property general manager Arne Klehn discusses Marriott’s differentiators and sustainability strategy, as well as his personal history...

Manufacturing

Industrial producer prices up 22.3% y.o.y. in January

Industrial producer prices were 22.3% higher on average in January 2022 than a year earlier, according to data by the...

Office Market

Akadémia Business Center marks rebirth with new identity

Europa Capital and ConvergenCE announced the rebranding of the recently acquired Akadémia Business Center in the heart of Budapest. Alongside...

Interview

‘Humans and robots need to cooperate’

Mollia Ltd. is a Hungarian technology startup developing adaptive and teachable software for the kinetic control of humanoid robots. The...

Pharma

Higher sales, financial gain boost Richter earnings

Fourth-quarter net income of Hungarian pharmaceutical company Gedeon Richter reached HUF 46.5 billion, more than doubling from HUF 21.6 bln...

Manufacturing

Lithuania industrial production increases in January

Lithuania's industrial production increased in January, led by strong output growth in manufacturing as well as in mining and quarrying,...

Deals

4iG board decides on Rheinmetall capital raise

The board of 4iG has decided on a private placement of new shares with German defense industry company Rheinmetall through...

Construction

Construction industry faces ‘more difficult’ year in 2022

Hungary's construction companies finished a "fantastic year" in 2021, but face a "more difficult" one in 2022, the head of...

Automotive

Rába books HUF 1.3 bln profit

Hungarian automotive industry company Rába booked an after-tax profit of HUF 1.3 billion for 2021, improving from a HUF 1...

Retail

Online FMCGs Reap Fruit of Pandemic’s Disruption

While the pandemic restructured every industry, the online shopping segment of the fast-moving consumer goods sector has surfaced as a...

Retail

Market Talk: Players Grapple With Shifting Environment, Consumer Habits

Major players in the fast-moving consumer goods sector are, as you would expect, keeping a close eye on how their...

Transport

Budapest Airport, unions reach deal on pay rise 

In February, Ferenc Liszt International Airport operator Budapest Airport successfully reached an agreement with the works councils and trade unions...

Business

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

Sustainability

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

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...

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

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...

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

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...