Business

Retail

Bulgariaʼs retail sales fall in September

Bulgariaʼs retail sales declined by 6.7% year-on-year in September after falling by an annual 12.2% in the previous month, the...

Transport

Wizz Air launches carbon offsetting scheme

Discount airline Wizz Air has launched a carbon offsetting scheme as part of its wider commitment to reducing emissions, enabling...

Automotive

Semcorp to set up HUF 65.5 bln plant in Hungary

Shanghai-based Semcorp, which makes separators for electric vehicle batteries, will set up a HUF 65.5 billion plant in Debrecen, Minister...

Industrial

Magyar Posta inaugurates HUF 5 billion parcel depot

Hungaryʼs state-owned postal company Magyar Posta inaugurated a HUF 5 billion package depot, its biggest yet, in Fót, on the...

Fintech

Erste rolls out installment option for bank card purchases

Austrian-owned Erste Bank Hungary on Monday said it will give clients with Mastercard bankcards the option to pay for purchases...

Transport

Volánbusz increasing service in county status cities

Local bus services will run more frequently in cities with county status, where Volánbusz is providing scheduled local bus transport,...

Inside View

Parking Issues in Construction Projects: Additional Task or Unexpected Redemption Fee?

Real estate developers are not always aware of a potential obligation in construction law, namely the provision of additional parking...

Inside View

Greenfield Projects: Evergreen Projects

Although the COVID-19 pandemic results in a slowdown or even recession in the economy, there are still market players that...

Telco

Vodafone: Telecoms Industry Hungary’s ‘Invisible Lifeline’

Gergő J. Budai, deputy chairman of the board of Vodafone Hungary, talks with the Budapest Business Journal about the role...

Residential

Fewer home purchases made for investment purposes in capital

The share of homes bought for investment purposes in Budapest has fallen to 28-30% from 40-45% at the start of...

Residential

Foreigners buy fewer homes in Hungary

The number of homes purchased by foreigners in Hungary fell almost 5% to around 7,000 last year, state news wire...

Pharma

Financial loss constrains Richter Q3 profit growth

Hungarian pharmaceutical company Gedeon Richterʼs third-quarter net income edged up 2% year-on-year to HUF 22.6 billion, well under revenue growth...

Ecosystem

Additional HUF 1 bln allocated to support SME exports

The government will support the expansion of SMEs onto foreign markets with an additional HUF 1 billion, bringing the total...

Residential

New building with 185 apartments announced in BudaPart

Property Market Kft. is launching the development of another residential building with 185 apartments in the BudaPart neighborhood built next...

Pharma

Hungary to get COVID-19 vaccine from Russia

Russia will start small-scale deliveries of a COVID-19 vaccine to Hungary in December, Minister of Foreign Affairs and Trade Péter...

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...