Business

Fintech

New measures streamlining banking procedures approved

The Economic Defense Operative Corps, the body coordinating Hungaryʼs response to economic fallout from the coronavirus crisis, approved a package...

Manufacturing

Lithuania industrial production rises in October

Lithuaniaʼs industrial production rose a working-day adjusted 1.6% year-on-year in October, figures from Statistics Lithuania (LS) showed on Monday....

Telco

NMHH: Calls, internet traffic up in epidemic, SMS use falls

Call traffic increased by about a sixth and Internet traffic by a third in the first half of 2020 due...

Manufacturing

Poland industrial production rises, producer prices fall

Polandʼs industrial production grew 1.0% annually in October, figures from the Warsaw-based Central Statistical Office (GUS) showed....

Logistics

GKI confidence index falls as business sentiment sours

Economic research institute GKIʼs confidence index fell to -23.7 points in November from -18.8 points in the previous month as...

Manufacturing

Moldova September industrial output increases on month

Industrial production in Moldova declined 7.9% year-on-year in September, the same as in the previous month, data from the countryʼs...

Transport

Qatar Airways launches program for students

Qatar Airways has launched a global program exclusive to students worldwide called Student Club, according to a press release sent...

Appointments

Lodge & Partners expands service portfolio with property management

Present on the Hungarian market for the last four years, real estate asset manager and advisor Lodge & Partners (L&P)...

Retail

11% of Hungarians purchased counterfeit goods in past year

Only 11% of the Hungarian population bought counterfeit products in the past year, but fewer Hungarians recognize their harmful effects...

Science

Hungary has pre-orders for 12 mln vaccine doses from AstraZeneca, Janssen, Pfizer

Hungary has pre-orders for about 12 million doses of COVID-19 vaccine from AstraZeneca, Janssen, and Pfizer, Gergely Gulyás, the head...

Office Market

Mazars signs for 1,200 sqm office space at Váci Greens

Mazars has signed a lease for a 1,200 sqm office space in Váci Greens Building "F", raising the occupancy rate...

Office Market

Resolution Property completes 1st Budapest acquisition

Resolution Property has completed the acquisition of an approximately 37,200 sqm office portfolio in Budapest, according to a press release...

Retail

Mineral water, soft drink sales fall because of pandemic

Mineral water and soft drink sales volume in Hungary fell about 7% year-on-year to 1.85 billion liters in Q1-Q3, as...

Retail

Romaniaʼs e-commerce market up 40% in 2020

Romaniaʼs e-commerce market will reach about EUR 6 billion in 2020, at least 40% more compared to 2019, according to...

Transport

MÁV-Start, Rail Cargo renew partnership

MÁV-Start, the passenger business of state-owned Hungarian railway company MÁV, and Rail Cargo Hungaria have extended their framework agreement for...

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...