Business

Pharma

Budapest hosts international drug research conference

The International Conference on Advances in Pharmaceutical Drug Development, Quality Control and Regulatory Sciences (DDRS 2021) opened in Budapest on...

Innovation

Bringing Innovation Consciousness to Hungary’s Businesses

While state expenditure on research, development, and innovation (RDI) is growing, there are several areas where supporting RDI is not...

Sustainability

Sustainability and Equality: How can a Telco Contribute?

Sustainability and gender equality are among the most pressing issues of the 21st century. To make progress in these areas,...

Telco

Striving to be the Data Leader on the Market

Thanks to its customer experience-oriented strategy, Telenor Hungary says its annual revenue from mobile services is showing very healthy growth....

New Projects

A Smart Parking Solution so Seamless, one can Easily Miss It

Rollet owner András Dubitz talks with the Budapest Business Journal about the startup’s smart parking system, its recent acquisition, and...

Science

Cutting-edge Biomedical Research From Hungary

Whether for cancer or cardiovascular disease, in-depth biomedicine research is underway at the Hungarian Center of Excellence for Molecular Medicine,...

Construction

Wing and Accor Agree Hotel Development

Wing and Accor have concluded a long-term agreement for a 12,000-plus sqm hotel at the 42,000 sqm Liberty office development...

Construction

Construction output volume up 14.2% y.o.y. in September

The volume of construction output in September 2021 surpassed the previous year’s level by 14.2% according to raw data published...

Retail

Hungarians to spend HUF 10,000-13,000 on toys at Christmas

Hungarians are expected to spend HUF 13,000 on toys on average in the pre-holiday period when shopping online and HUF...

Retail

Bulgaria retail trade slows in September

Retail sales in Bulgaria rose 8.4% year-on-year in September, after a 12% increase in the previous month, figures released by...

Office Market

Nordic Light Trio gets WELL Gold Certification

Nordic Light Trio, Skanska’s development in the heart of the Váci office hub became the first office building for Skanska...

Manufacturing

Slovak industrial output slumps in September

Slovakia's industrial production shrank by 4.9% year-on-year in September, following a 0.8% rise in the previous month, figures released by...

Retail

43% of webshops saw turnover increase during pandemic

Some 43% of the webstores operating in Hungary reported a turnover increase during the coronavirus pandemic, and just 12% posted...

Logistics

Furniture1, Karzol-Trans become HelloParks Maglód’s latest tenants

Furniture1, one of the largest online furniture stores in Hungary, and logistics company Karzol-Trans logistic company are the latest tenants...

Automotive

AutoWallis raises HUF 10 bln in public share offering

AutoWallis has raised HUF 10 billion in a public share offering closed on November 9, the listed car seller said...

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....

Wizz Air Enters Winter With Fuel Hedges and Record Summer Traffic

Discount airline Wizz Air is preparing for winter with more than EUR 2.2 billion in liquidity and fuel hedges covering...

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...