Business

Transport

90% of Wizz Air crew members vaccinated

Wizz Air announced that 90% of its crew members are now vaccinated, following the company's introduction of a December 1...

Interview

What kind of year did national markets close in terms of competition, how did GVH see 2021?

The Budapest Business Journal talks with Csaba Balázs Rigó, the President of the Hungarian Competition Authority (GVH) about reforms in...

HR

Tata Consultancy Services to add staff in Hungary

Indian-owned Tata Consultancy Services on Friday announced plans to add 300 more staff in Budapest over the next two years,...

Retail

Retail sales up 5.7% y.o.y. in October

In October 2021, the volume of retail trade in both raw and calendar-adjusted data was 5.7% higher than in the...

Retail

Serbia’s retail sales rise in October, GDP growth slows in Q3

Serbia's retail sales increased by a real 4.0% year-on-year in October, after posting a 4.3% annual rise in the previous...

Manufacturing

Croatia industrial activity, retail sales slow in October

Industrial production in Croatia advanced 2.7% year-on-year in October, following a 2.8% rise in the previous month, figures from the...

Pharma

Small pharmas in ‘non-stop crisis management’

The prices of the products of small Hungarian pharmaceutical manufacturers are one-third of the average pharmaceutical prices, a box of...

Retail

Estonia retail sales rise in October, economy growth slows in Q3

Estonia retail sales increased in October, data from Statistics Estonia (SE) showed on Tuesday....

Residential

Hungary home sales fall 3% in November

Home sales in Hungary fell 3% year-on-year to 11,022 in November, news agency MTI reports, citing an estimate by listed...

HR

Over half still working from home

According to a regional survey by Sophos, 56% of employees in Hungary still work from home, either in a full...

Innovation

From the fields to the stars: Design Terminal’s mission to help industry

The simplest business ideas can be suitable for disrupting whole industries. For some years, Design Terminal has been looking for...

Transport

Budapest Airport among world leaders in carbon neutrality

Budapest Airport has been awarded carbon neutral certification for the fourth year in a row, continuing to be one of...

Innovation

Tungsram takes up Elon Musk’s USD 6 bln challenge

Hungarian technology innovator Tungsram is proposing an answer to Elon Musk’s USD 6 billion offer to the United Nations World...

Appointments

Magyar Bankholding chairman to serve as CEO as well

Zsolt Barna, the chairman of Magyar Bankholding, which is overseeing a tie-up that is set to become Hungary's second-biggest commercial...

Retail

Slovenia retail trade growth increases in October

Retail sales in Slovenia advanced 34.3% year-on-year in October after rising by an upwardly revised 18.6% in September, figures from...

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...

Older Small Cars Rise in Price as Hungary’s Budget Used-Car Supply Shrinks

Suzuki Swift asking prices rose 25.8% year-on-year in September as the share of used cars below HUF 2.5 mln shrank,...

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...