Business

Inside View

Hungary Remains a Vital Link in Global Supply Chains

The importance of the automotive industry within the Hungarian economy is now well established. The OEMs were inevitably followed by...

Telco

Vantage Towers Hungary to help Vodafone reach 5G, asset utilization goals

Vodafone Hungary has relocated its mobile network infrastructure to Vantage Towers in November to help achieve the telco firmʼs asset...

Transport

Record cargo traffic at BUD Cargo City in November

Cargo traffic at Ferenc Liszt International Airport in November exceeded the quantity recorded in the same month last year by...

Retail

GVH drops fine as Spar commits HUF 1.7 bln to helping small suppliers

Hungaryʼs competition office GVH said Thursday it canceled a procedure regarding abuse of market power against supermarket chain Spar after...

Retail

Bulgaria retail sales decrease in October

Bulgariaʼs retail sales decreased by 5.3% year-on-year in October after falling by an annual 6.7% in the previous month, the...

Manufacturing

Coca-Cola completes HUF 300 mln mineral water production investment

Coca-Cola HBC Hungary has expanded its mineral water bottling capacity at its Zalaszentgrót plant with an investment worth nearly HUF...

Logistics

CTP successfully completes 2nd Green bond issue

Logistic property company CTP has successfully issued its second Green bond for EUR 400 million, following the companyʼs inaugural EUR...

Innovation

MTel, BME, Ericsson Magyarország partner on 5G development

Magyar Telekom, the Budapest University of Technology and Economics (BME), and Ericsson Magyarország on Wednesday announced a partnership to develop...

Telco

Huawei contributed HUF 200 bln to Hungarian GDP last year

The economic influence of Huawei Technologies in Hungary has been growing steadily over the last five years, as the Chinese...

Logistics

HelloParks to build new logistics center in Maglód

Futureal Groupʼs industrial and logistics property development company HelloParks has started preparations for the construction of a new industrial and...

Retail

Enthusiasm for Sales may Light up Christmas Shopping Spirit

Although COVID-19 has hit non-food and pharmacy retail hard, shoppers’ data during Black Friday discounts could indicate a spending spree...

Transport

Volánbusz group signs for HUF 20.8 bln MAN bus order

Volánbusz and its fleet management unit have signed contracts for 204 MAN buses with a net value of HUF 20.8...

Automotive

Serial production of Audi Q3 plug-in hybrid starts in Hungary

The local unit of German carmaker Audi has started serial production of the Audi Q3 plug-in hybrid at its plant...

Telco

NMHH: Mobile internet user percentage up to 67%

The percentage of Hungarians with mobile internet has risen from 63% to 67% during the pandemic, according to a survey...

Transport

2021 annual motorway stickers now available

The 2021 annual national and county motorway stickers are now available at National Toll Payment Service Zrt. (NÚSZ) customer service...

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...