Business

Transport

40% of Pest County commuted in 2020

Some 40% of the population of Pest County commuted between home and work in 2020, according to EU statistical agency...

Office Market

Hungary’s Indotek Group Agrees Purchase of Belgrade Office Portfolio

The regional developer and investor GTC has agreed a deal to sell its Belgrade office portfolio to the Hungarian investor...

Transport

Budapest Airport starts taxiway renovation project

Budapest Airport is going to refurbish taxiways P1-P3, L, R and Q in order to ensure the safe, efficient and...

Telco

Telenor Readies Services to Offer Customer Experiences in Swift-Changing Market

In a fast-moving world, Telenor Hungary is working on offering personalized services to its customers while keeping a finger on...

Appointments

Dentons rehires banking and finance partner

Dentons has rehired banking and finance lawyer Gábor Király as a partner in the Budapest office....

Deals

MOL announces conditions of ING share option agreement

Hungarian oil and gas company MOL on Wednesday announced the terms and conditions of a share option agreement it concluded...

Retail

Polish retail sales rise in May 

Retail sales in Poland increased 19.1% year-on-year in May, lower than a 25.7% jump in the previous month, figures released...

Automotive

Magyar Suzuki produces 112,475 vehicles in 2020

In 2020, a total of 112,475 vehicles rolled off the production line at Magyar Suzuki Esztergom plant, with hybrid cars...

Transport

Wizz Air relaunching flights to Spain

Hungarian low-fare carrier Wizz Air yesterday announced the relaunch of flights between Hungary and Spain after Spain stopped requiring immunity...

Pharma

Richter selling businesses in Moldova

Hungarian pharmaceutical company Gedeon Richter yesterday said it agreed to sell its wholesale and retail businesses in Moldova, according to...

Construction

Competition Office probes construction industry prices

Hungary's Competition Office (GVH) on Monday said it has established a working group to determine the reasons for increases in...

Residential

Cordia places greater emphasis on U.K. market in int’l expansion

Real estate developer Cordia, member of the Futureal Group, made a number of investments in the U.K. market's affordable housing...

Residential

36 residential projects launched outside capital

There were 36 residential development projects launched in big cities outside of the capital in the first quarter, 24% more...

Transport

MÁV, Volánbusz switching to summer schedule this week

The Volánbusz summer schedule will be effective from Wednesday and from Saturday for railways, according to Hungarian State Railways (MÁV),...

Telco

Vantage Towers Taking Advantage of Network

The Budapest Business Journal spoke with Gergő Budai, the head of Vantage Towers Hungary, about its demerger from Vodafone, its...

Industrial

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

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....

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

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...