Business

Retail

Croatia retail sales fall further in October

Croatiaʼs retail sales fell 2.5% from a year earlier in October, eight consecutive months of decline, as the COVID-19 crisis...

Retail

Divestment of Tescoʼs Polish business enables focus on other V4 countries

U.K. supermarket chain Tescoʼs divestment of its business in Poland allows the company to focus on its activities in Hungary,...

Residential

Parliament lowers home construction VAT rate to 5%

Parliament voted unanimously on Tuesday to lower the VAT rate for home construction from 27% to 5% in 2021-2022, according...

Manufacturing

Industrial prices up 5.9% y.o.y.

Industrial producer prices as a whole were 5.9% higher in October 2020 than in the same period of the previous...

Office Market

Atenor, Access4you looking to make office space disability inclusive

Belgian-owned real estate development company Atenor partnered up with Acces4you in order to make its current and upcoming office developments...

HR

Self-employed will also be able to draw on antivirus funding in Czechia

Self-employed persons in the Czech Republic entitled to CZK 500 (EUR 19) a day compensation for lost earnings will be...

Appointments

Operator of Hungarian McDonaldʼs restaurants names HR head

Andrea Horváth took over as head of HR at Progress Étteremhálózat Kft., the operator of McDonaldʼs restaurants in Hungary in...

Automotive

Intelligent mobility day at ZalaZONE

MAN Truck & Bus and Porsche Hungaria organized an intelligent transport event on the ZalaZONE Automotive Proving Ground in Zalaegerszeg...

Transport

Lufthansa Systems Hungária expands base in Szeged

Lufthansa Systems Hungária is expanding its software development and testing base in Szeged (162 km southeast of Budapest), raising headcount...

Deals

Vienna Insurance Group acquires Aegon Eastern Europe businesses

Vienna Insurance Group (VIG) on Sunday said it agreed to acquire the businesses of Dutch peer Aegon in Hungary, Poland,...

Interview

How is GVH responding to the pandemic, and what areas is it focusing on?

The Budapest Business Journal talks with Csaba Balázs Rigó, President of the Hungarian Competition Authority (GVH) about GVHʼs response to...

HR

Tesztallomas.hu: Fast, secure coronavirus tests for employees

Tesztallomas.hu is the first drive-through coronavirus testing facility which provides a complete and convenient solution for the general public, from...

Interview

The growing role of performance agencies

The Budapest Business Journal talks with Tamás Solcz, sales director at Klikkmánia, about the importance and role of performance agencies...

Retail

Number of Christmas gift recipients expected to narrow

As a result of the coronavirus, this year an average Hungarian Internet user is expected to buy Christmas presents mostly...

Interview

HOA Supporting the Growth of the Business Services Sector

Hungary is a favored European destination for the business services sector, which provides support to businesses with the likes of...

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...