Business

Construction

Romania’s construction output rises in 2020

Romania's construction output rose by an annual 15.9% in 2020, the Bucharest-based National Institute of Statistics (INS) said in a...

Pharma

Hungary gets 1st shipment of Chinese COVID-19 vaccine

The first delivery of a COVID-19 vaccine developed by China's Sinopharm arrived in Hungary on Tuesday, National Public Health Centre...

Construction

Construction output volume down 0.3% y.o.y. in December

The volume of construction output in December 2020, based on raw data, was 0.3% lower compared to the previous year,...

Transport

Roatex wins HUF 103 bln toll system contract in Indonesia

Hungary's Roatex, which provides customized electronic toll payment solutions, has won a tender to build and operate Indonesia's motorway toll...

Pharma

Antibody self-testing kit to appear Czech market soon

A self-testing kit for COVID-19 has been approved by the Czech State Institute for Drug Control and will soon be...

HR

Roche expands SSC in Budapest

Swiss healthcare company Roche is expanding its EMEA shared service center in Budapest with 150 complex HR positions, Roche Szolgáltató...

Interview

Network Investment, Sustainable Operation in Focus at Vodafone

As previously reported in the Budapest Business Journal, there has been a significant change in the leadership at Vodafone Hungary:...

Pharma

Hungary sends plane to China for 1st shipment of Sinopharm vaccine

The state of Hungary's aircraft has taken off for Beijing to pick up the first delivery of the Sinopharm COVID-19...

Deals

KBC Group agrees to acquire NN’s Bulgarian pension, life insurance businesses

Belgium-based financial group KBC said in a press release on Thursday, that it has reached an agreement with Dutch-based NN...

HR

WHC Group achieves turnover of nearly 20 bln HUF in 2020

WHC Group, a company focusing on permanent placement, temporary placement, student and pensioner work, and wage accounting, achieved a turnover...

Telco

100,000 families use free internet service for education

Almost 100,000 families have so far made use of the opportunity of the free internet service available to high school...

Innovation

Morgan Stanley: Shaping the future of global remote working from Bp

As one of the world’s leading investment banks, Morgan Stanley maintains a robust, secure and responsive IT infrastructure, running thousands...

Retail

A Random Spark of Life on the Buda Side

Lövőház utca, behind the Mammut shopping mall on the Buda side of the river, doesn’t look like much. But, on...

Office Market

COVID Accelerates Changes in how Firms Look at Using Office Space

This is probably not the first time you have read that the coronavirus accelerated a transformation that had already been...

Ecosystem

The Slow Spread of the Circular Economy in the Office

The circular economy seems more of a concept than a trend at this point, whether in Hungary or elsewhere. When...

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...