Business

Retail

Flying Tiger debuts private shopping service in Hungary

The Danish Flying Tiger Copenhagen chain became one of the first businesses to launch a private shopping service in Hungary,...

Transport

SHARE NOW adds 50 Fiat 500 models to its fleet

Car-sharing company SHARE NOW announced the addition of 50 Fiat 500 models to its fleet, increasing the size of the...

Construction

Construction industry presses govʼt for supply-side support

Lászlo Koji, the head of national building industry association ÉVOSZ, acknowledged that the reduction in the home construction VAT rate...

Science

Schott adds ampule capacity in Hungary for COVID-19 vaccine

German glass company Schott is investing HUF 13.5 billion at its plant in Lukácsháza (186 km west of Budapest) to...

Manufacturing

Industrial production volume up 0.6% year-on-year

In October 2020 the volume of industrial production grew by 0.6% year-on-year according to crude data, according to data published...

Innovation

Digitization, COVID Learnings Mold Future of Assurance Service

Taking on a major new role in the midst of a global pandemic certainly adds spice to what is already...

Deals

Cordia announces public tender offer for all remaining Polnord shares

Residential developer Cordia International Zrt., the 92.92% shareholder of Polnord SA, has announced a public tender offer to acquire the...

Appointments

ConvergenCE appoints head of property management

Real estate investor and developer ConvergenCE announced that it has recently put Bernadett Zádori in charge of its property management...

Pharma

Richter acquires Janssen transdermal contraceptive assets

Hungarian pharmaceutical company Gedeon Richter on Thursday said it agreed to acquire the Evra brand transdermal contraceptive patch assets for...

Deals

State to acquire controlling stake in Debrecen intʼl airport

The state of Hungary will acquire a 51% stake in Debrecen International Airport "in the interest of supporting state economic...

Telco

ANY signs 2-year contract with NAV

A consortium led by ANY Security Printing has signed a two-year contract with Hungaryʼs National Tax and Customs Administration (NAV)...

Residential

Home sales up 4% y.o.y. in November

Home sales in Hungary numbered 11,369 in November, up 4% from the same month a year earlier but falling 7%...

Automotive

Continental investing HUF 25.6 bln at plants in Hungary

German automotive industry supplier Continental will spend HUF 25.6 billion to install production lines for next-generation vehicle electronics at its...

Transport

Motorway vignette prices to rise from 2021

The price of motorway vignettes in Hungary will be raised next year, in line with a new system that pegs...

Appointments

Danubia Legal announces partner promotion

Danubia Legal announced the appointment of Nikoletta Bial as its latest partner, according to a press release sent to the...

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...

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...

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....

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...

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...

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...