Business

Competition

Application for ‘Best Employer Brand Awards Adria 2021’ open

Applications for regional competition "Best Employer Brand Awards Adria 2021, which awards the best companies and practices in the field...

Deals

M&A activity in Hungary steady in spite of crisis

Merger and acquisition activity in Hungary remained steady last year even as volume declined in the region and globally, state...

Deals

HOA and KSH sign cooperation agreement

The Hungarian Service Industry and Outsourcing Association (HOA) and the Hungarian Central Statistical Office (KSH) have signed a cooperation agreement...

Pharma

Richter plans BGS bond issue up to HUF 70 bln

Hungarian pharmaceutical company Gedeon Richter announced plans to issue up to HUF 70 billion of bonds in the framework of...

Appointments

HBLF elects new president

Andrea Istenesné Solti, chair of the board of directors of Shell Hungary, has been elected as the new president of...

Fintech

Hungary’s fintech sector expanding rapidly

Hungary's fintech sector has grown to about 130 companies employing more than 6,000 people, news agency MTI says, citing a...

Retail

Praktiker sales climb 12% in 2020

Sales of DIY chain Praktiker rose 12% to HUF 76.23 billion last year, as demand for home improvement and gardening...

Telco

Video call feature to be available soon in LifeSaver app

A new feature will soon be added to the LifeSaver app by Vodafone Hungary Foundation and the National Ambulance Service,...

Science

Close to 40,000 foreigners study at Hungarian unis

The number of foreign nationals enrolled at Hungarian universities climbed over 38,000 in the 2019/2020 academic year, close to the...

Transport

European aviation industry not to land softly until 2025

The European Organization for the Safety of Air Navigation, Eurocontrol, has published the latest updated forecasts of air traffic resurgence....

Transport

Hungarian airspace busier since Belarus incident

The European Council's recommendation regarding issued on Monday also has an impact on the number of flights passing through Hungarian...

Logistics

CTP increases market share in CEE in Q1

In its first financial results announcement since the IPO in March 2021, CTP N.V., one of CEE’s largest logistics property...

Science

COVID vaccine tech pioneer Karikó gets Semmelweis Medal

The Hungarian-born biochemist Katalin Karikó, whose decades of work with mRNA technology was instrumental in the development of COVID-19 vaccines,...

Retail

Retail credit conditions loosened

Credit conditions were loosened for both home loans and consumer loans in Q1, against a backdrop of improved economic and...

Automotive

Bridgestone Continues to Leave its Mark on Road to Success

Melinda Topolcsik, Bridgestone’s top representative in Hungary, talks to the Budapest Business Journal about how continuous development at the firm’s...

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...