Business

Retail

Szervita Square Building: a new retail hub in downtown Budapest

Horizon Development’s most recently completed crown jewel, Szervita Square Building transformed downtown Budapest’s urban fabric architecturally and contributed to the...

Retail

Lithuania retail sales growth eases in October

Lithuania's retail sales increased at a softer pace in October, figures from the Vilnius-based Statistics Lithuania (LS) showed on Friday....

Telco

4iG agrees to buy Digi for EUR 625 mln

Listed IT company 4iG on Tuesday said it signed a final sale and purchase agreement to acquire 100% of telecommunications...

Residential

Duna House Q3 earnings fall from high handover base

After-tax consolidated profit of listed real estate broker Duna House fell 15% year-on-year to HUF 465 million in the third...

Interview

Developing the art of the Possible in Digital Transformation

There is an area of Danube-Ipoly National Park, north of Budapest, now known as “Tata Forest.” The 200 oak saplings...

Automotive

Motorists pay 3% less for compulsory vehicle insurance

Motorists in Hungary paid an annual premium of HUF 44,027, on average, for compulsory vehicle insurance in the third quarter,...

Innovation

Hungarian R&D expenditure below EU average

In 2020, the R&D expenditure as a percentage of GDP stood at 1.6% in Hungary, according to data released by...

Manufacturing

Bosnia industrial output growth slows in October

Industrial production in Bosnia and Herzegovina rose 8.2% year-on-year in October of 2021, easing from a 9.3% increase in the...

HR

WHC Group expands in Veszprém

WHC Group, one of the leading HR services companies in Hungary, has opened a direct representative office in the city...

Retail

Soft drink, mineral water sales volume rises 3% in Q1-Q3

Sales volume in Hungary of mineral water, carbonated beverages, juice and iced tea reached 1.912 billion liters in Q1-Q3, edging...

Deals

Rheinmetall acquiring 25% stake in 4iG

German defense industry company Rheinmetall has signed a non-binding agreement to acquire a 25.1% stake in listed Hungarian IT company...

Interview

Prostate cancer – the disease is very treatable

In Hungary, prostate cancer is one of the most common causes of death from cancer in men, with 4,000-4,500 men...

Deals

OTT-ONE shareholders approve accountant

Shareholders of listed IT company OTT-ONE approved the selection of a new accountant - after a search that lasted months...

Interview

Third Time’s a Charm for Hungarian Stroke Researcher

Sprinters don’t normally choose to pursue a researcher’s career; the nature of the activity requires more of a marathon runner’s...

Interview

LogMeIn: Developed in Hungary, Growing Globally

John Ford, VP of Digital Workplace Technology and Managing Director of LogMeIn in Hungary, spoke with the Budapest Business Journal...

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...