Business

Retail

Bosnia retail sales shrink in January 

Retail sales in Bosnia and Herzegovina shrank 7.6% year-on-year in January, following a 6.3% decline in the previous month, figures...

Pharma

GVH investigates pharmaceutical wholesalers

The Hungarian Competition Authority (GVH) has launched an investigation into the agreements between the largest domestic pharmaceutical wholesalers and the...

Manufacturing

Óvártej investing for HUF 1.1 bln to expand capacity

Hungarian dairy company Óvártej, owned by Italy's Valcolatte since 2013, is spending HUF 1.1 billion to expand capacity at its...

Residential

Bp rents cheaper than peers, but not if avg wage factored in

While renting an apartment in Budapest appears significantly cheaper than in Vienna and Prague, the figures appear less favorable when...

Pharma

Hungary clears CanSino, Covishield vaccines

Hungary's National Institute of Pharmacy and Nutrition (OGYÉI) has cleared a COVID-19 vaccine developed by China's CanSino and another, called...

Manufacturing

Nitrogénművek revenue close to HUF 95 bln in 2020

Consolidated revenue of Nitrogénművek, one of the biggest makers of artificial fertilizer in the region, rose 7.7% to HUF 94.7...

Appointments

Diligent appoints Global Product Innovation Center head

Diligent Corporation, the leader in modern governance with a platform used by nearly 700,000 board directors and leaders, announced the...

Retail

MediaMarkt webshop turnover triples while stores are closed

Webshop turnover of MediaMarkt has tripled while its brick-and-mortar stores are closed to contain the spread of the coronavirus, the...

Residential

Building a ‘Living Environment’ Around Foka Bay

Duna Terasz Grande CEO and property manager Csaba Tóth talks to the Budapest Business Journal about an ambitious development close...

Interview

Communication 1 of the Keys to Empowering Women

With International Women’s Day falling on March 8, we asked communications coach and trainer Anna Jankovich to identify some of...

Innovation

AmCham Package Promises Cooperation for a More Competitive and Sustainable Hungary

The American Chamber of Commerce in Hungary has unveiled its “Cooperation for a More Competitive and Sustainable Hungary 2021” recommendation...

Industrial

Industrial Records Strong Indicators

The industrial market continues to be regarded by analysts as the sector in the most positive position for the post-coronavirus...

Transport

E-toll payment system to go offline late on Saturday

Hungary's national electronic toll payment system will go offline for an upgrade between 8 p.m. on Saturday and 8 a.m....

Telco

Mobile data volume climbs more than 50% in Q4

Mobile data volume in Hungary increased 51% year-on-year to 167 Petabytes in the fourth quarter, Hungarian news agency MTI reports...

Office Market

Cordia turns historic building into UK HQ

Cordia International Zrt. continues its international expansion strategy. After acquiring U.K. developer Blackswan last year, the company has announced the...

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...