Business

Pharma

ELTE-led consortium winds up drug development project

A consortium led by Budapest's Eötvös Loránd University (ELTE) has completed a HUF 1.8 billion project to develop a drug...

Innovation

Tungsram partners with Hungarian ag uni

Hungary's Tungsram and the Hungarian University of Agriculture and Life Sciences will set up a joint research institute and an...

Retail

Slovakia retail sales surge in April

Slovakia's retail sales increased 11.5% year-on-year in April, following a 0.3% rise in March, figures from the Slovak Statistical Office...

Transport

Northern Veszprém transport routes renewed for HUF 3 bln

The transport routes of the northern industrial area of Veszprém (115 km southwest of Budapest) have been renewed for more...

Telco

Telenor network traffic up 30% last year

Telenor's network traffic grew by about 30% last year as more people started working and learning from home, many on...

Automotive

Continental spends HUF 4.2 bln to expand R&D in Hungary

German-owned Continental Automotive Hungary is spending HUF 4.2 billion to expand its research and development centers, Minister of Foreign Affairs...

Residential

Majority of homeowners keen on garden renovations

Nearly 60% of homeowners with a garden, yard, or patio are thinking about starting a major outdoor renovation project in...

Pharma

Serbia starts production of Sputnik V vaccine

Belgrade's Institute of Virology, Torlak, officially started producing Russia's Sputnik V COVID-19 vaccine on Serbian soil on Friday (June 4),...

Automotive

‘Beauty, Performance, and Pedigree’: the Kincsem Hyper GT

A Swiss-Hungarian-U.K. project to create the ultimate sports car of tomorrow has reached back into Hungary’s history to draw on...

Automotive

Audi, Suzuki Motor on Despite Chip Shortage

The global semiconductor supply shortage has not affected production at two of Hungary’s most established OEMs, Magyar Suzuki and Audi...

Automotive

Automotive Sector Within the Scope of Planned NIS II Cybersecurity Rules

The current EU cybersecurity directive (Directive on Security of Network and Information Systems, or NIS I) has been revised by...

Automotive

Autonomous Cars Taking Over the Wheel Step by Step

U.S. animated sitcom “The Jetsons” first aired on September 23, 1962, and envisaged a future where cars would fly. While...

Automotive

Rising Commercial Sales Help Ford to Motor On

Attila Szabó, Ford managing director for the Czech Republic and Hungary, tells the Budapest Business Journal how the American automaker...

Automotive

Hungary ‘Well Placed’ to Become an Automotive Innovation Hub

The Budapest Business Journal discusses the ongoing importance of the automotive sector to the local economy with the Hungarian Investment...

Logistics

Gebrüder Weiss expands in Bulgaria

Austrian transportation and logistics services provider Gebrüder Weiss said it has inked a deal to acquire Rhenus Bulgaria, a Sofia-based...

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...