Business

Automotive

1 in 10 car owners switch insurers

More than 1.1 million vehicles are still involved in the November compulsory motor third-party liability insurance (kgfb) campaign, and every...

New Projects

Leganés strikes deal with Hungarian firm to bring fans to home matches digitally

Madrid-based football club Leganés has established a comprehensive partnership with a Hungarian tech company, called "Seyu – Together for victory!"...

Industrial

Industrial Sector Early Winner in Coronavirus Crisis

The industrial market in Hungary and the wider region is seen by analysts as the real estate sector in the...

Appointments

Ted S. Boone joins Dentons in Budapest

Theodore (Ted) S. Boone has joined Dentons in Budapest as of counsel where he will be focusing on complex commercial...

Automotive

Competition Office clears AutoWallis-Opel import deal

Listed car seller AutoWallis on Friday said Hungaryʼs Competition Office (GVH) approved a deal that will make it Opelʼs importer...

Appointments

László Parragh re-elected business chamber head

László Parragh was re-elected chairman of the Hungarian Chamber of Commerce and Industry (MKIK) for another four years at a...

Retail

COVID fails to curb Black Friday excitement in Hungary

While last year only one in every three people bought something off the shelves around Black Friday, this year -...

Retail

EMAG steps back from Poland to focus on Hungary

eMAG, the largest Romanian online retailer controlled by the South-African group Naspers, has passed its Polish operations to Polandʼs second-biggest...

Appointments

New head of marketing and PR at ConvergenCE

Orsolya Simon assumed the position of head of marketing and PR at real estate investor and developer ConvergenCE this month,...

Automotive

Automotive industry companies operating at close to full capacity

Nearly all of Hungaryʼs automotive industry companies are operating at close to full capacity in the fourth quarter, the chairman...

Deals

Tungsram gets stimulus to boost competitiveness

Minister of Foreign Affairs and Trade Péter Szijjártó on Wednesday presented Hungarian lighting company Tungsram with a contract for HUF...

Telco

Lockdowns and Social Distancing Lift Phone Use

As people sought refuge from the spreading coronavirus in the beginning of the year, they resorted to their phones to...

Telco

5G Coverage Expanding as Mobile Data Demand Rises

Although fifth-generation mobile connectivity is just starting to unfold in Hungary, some people are already talking about the next generation...

Telco

COVID-19 Sees Hungary’s Data Traffic Surge

The effects of the pandemic somewhat stole the limelight from 5G development as traffic on landline and mobile internet networks...

Telco

Invitech Looking to Grow on Accelerating Digital Transformation

The COVID-19 pandemic saw a short-term spike in demand for additional bandwidth and security services, but in the long run...

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...