Business

Retail

Black Friday: ’Tis the day to Shop Online

The day this issue is published, November 27, is the official Black Friday. From now, there are 26 days to...

Office Market

GTC Completes Sale of Spiral Office Development

GTC has completed the sale of its 30,500 sqm Spiral office center just off the Váci Corridor on Dózsa György...

Innovation

Hungary Aims to Mitigate COVID-19 Effects With Investments

Living in extraordinary times, it is important to draw the necessary conclusions and make new regulations that will help Hungary...

Retail

Customers Spending Generously During Black Friday

While price cuts are not as significant as in the United States, the Black Friday promotion has become increasingly popular...

Innovation

Diligent to Build Center for Global Product Innovation in Budapest

Diligent Corporation, a leading U.S.-based modern governance company whose tools are used by nearly 700,000 board directors and leaders, has...

Retail

Shopping Malls and Christmas Under the COVID Cloud

The coronavirus found everyone unprepared at the beginning of this year, and it took its toll especially hard on business...

Pharma

Coronavirus Roundup: Mass Testing Launched for Social Institutions

Prime Minister Viktor Orbán said the launch of targeted, mass COVID-19 testing would be the “biggest task of the week”...

Retail

Sales of Christmas trees to reach HUF 15 bln this year

Turnover in Christmas trees is set to increase to HUF 15 billion in Hungary this year from HUF 12 bln...

Appointments

New business developer at CTP

András Kiss joined commercial real estate company CTPʼs Hungarian team as business developer this month, the company tells the Budapest...

Residential

Duna House Q3 earnings double on MyCity handover

Third-quarter after-tax profit of listed real estate broker Duna House rose 117% year-on-year to HUF 549 million, lifted by the...

Competition

ITM: AI Challenge to begin December 1

The AI Challenge, the aim of which is to make artificial intelligence widely known to the public, will start on...

Office Market

MadiLancos Studio announces move to ZenGarden

MadiLancos Studio, one of Hungaryʼs leading design firms has signed a lease contract in the renewed ZenGarden office building, according...

Deals

GVH approves AutoWallis’s acquisition of majority ownership in Iniciál

The Hungarian Competition Authority (GVH) has approved the majority ownership of AutoWallis in Iniciál Autóház Kft., a significant company of...

Construction

Polish home builders busy despite virus

Despite the COVID-19 pandemic, builders in Poland completed 6.1% more homes in the first 10 months of this year than...

Sustainability

Budapest joins C40 Clean Construction Declaration

The mayors of Budapest, Oslo, Los Angeles, and Mexico City have pledged to halve emissions from all construction activities in...

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...