Business

Pharma

Egis favipiravir drug licensed for COVID-19 treatment

A new drug with the active ingredient favipiravir manufactured by Hungarian pharmaceutical company Egis has been licensed for the treatment...

Telco

NMHH registers Magyar Telekom, Telenor, Vodafone for radio frequency auction

The Hungarian the National Media and Infocommunications Authority (NMHH) said yesterday that it had registered mobile service providers Magyar Telekom,...

Residential

Home renovation subsidies could affect prices, credit demand

Government subsidies available for home renovation from next year could impact prices and raise demand for consumer credit, the National...

Deals

DLA Piper acted as central legal advisor on the creation of Magyar Bankholding

DLA Piper acted as the central legal advisor to the key owners of the Budapest Bank Group, MKB Bank Group,...

Office Market

Excavation at RoseVille office building site reveals Roman-era findings

Belgian real estate developer Atenor entrusted the Budapest History Museum with the archaeological excavation of the plot of Bécsi út...

Transport

Waberer’s to receive nearly HUF 1 bln grant for investment

Listed Hungarian haulage company Waberer's International said Thursday it will receive a one-off government grant to carry out a HUF...

Construction

Romania’s construction output jumps in October

Romania's construction output jumped by 23.7% year-on-year in October, following a 19.2% rise in September, the Bucharest-based National Institute of...

Appointments

Telenor Hungary announces Peter Gazik as new CEO

Peter Gazik will take over as CEO at Telenor Hungary from January 1, 2021, according to a press release sent...

Appointments

Csaba Zeley appointed managing director of ConvergenCE

Property investor and developer ConvergenCE has announced that from December 2020, Csaba Zeley will take up the position of managing...

HR

SignAll Learn Lab launched at Deutsche Telekom IT Solutions’ Budapest office

In December, SignAll Learn Lab was launched in the Budapest office of Deutsche Telekom IT Solutions, teaching the company's employees...

Automotive

Debrecen ‘focal point’ for BMW electromobility strategy

BMW's plant in Debrecen "will be the focal point for BMW's electromobility-based strategy in future", Minister of Foreign Affairs and...

Residential

ÉVOSZ: Home renovation subsidies expected to boost invoiced labor

A government program that will cover half of home renovation costs, up to HUF 3 million, starting next year could...

Manufacturing

Masterplast to build HUF 9.5 bln fleece plant in Hungary

Listed building materials company Masterplast on Wednesday said it will build a HUF 9.5 billion plant in Hungary to make...

Transport

Budapest Airport to partially reopen terminal sections

Budapest Airport, the operator of Ferenc Liszt International Airport announced the partial reopening of Pier 1, and the complete reopening...

Transport

Polish railways plans to join European express network

Polish rail operator PKP plans to join a network of luxury European express services, Rzeczpospolita daily reported, according to Polish...

Business

Finding the Circularity Hotspot – The Latest Issue of the BBJ

Irén Márta, managing director of the Business Council for Sustainable Development in Hungary, says “circularity has outgrown its role as...

Pharma

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

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....

Finding the Circularity Hotspot – The Latest Issue of the BBJ

Irén Márta, managing director of the Business Council for Sustainable Development in Hungary, says “circularity has outgrown its role as...

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

Hungary Among EU’s Most Expensive Countries for Mobile Services

A European Commission study comparing 2024 consumer telecom prices across the EU found that Hungary is among the most expensive...

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...