Business

Office Market

OTP branch in Kálvin Square Office Building fully renovated

The refurbishment of OTP Bankʼs branch office located in the Kálvin Square Office Building is now complete, according to a...

Interview

Agriculture minister welcomes agreement on new CAP

Agriculture Minister István Nagy on Wednesday said an agreement reached overnight on the European Unionʼs new common agriculture policy (CAP)...

Telco

Huawei to set up R&D center in Budapest

Chinese telecommunications giant Huawei will set up a research and development center in Budapest, Minister of Foreign Affairs and Trade...

Incubators

Application for Scalewayʼs CEE Startup Program open

European cloud computing provider Scaleway has launched its Startup Program, focusing on promoting startups from CEE countries, according to a...

Office Market

Take-up on Budapest office space market plunges

Take-up on Budapestʼs office space market reached 247,000 sqm in Q1-Q3, the lowest level since 2013, state news wire MTI...

Inside View

New Guest Arrives at Hungary’s Party Thanks to COVID: LNG

The coronavirus has gravely affected the life of businesses and private persons alike, and the energy sector is no exception....

Inside View

2nd Metár Tender Opens, Bringing Marketable Green Electricity Production Within Reach in Hungary

The pilot METÁR tender in Hungary led to a huge drop in electricity prices. Now, during the second tender, there...

Deals

Indotek to acquire Mid Europa Partners stake in Wabererʼs

Mid Europa Partners has agreed to sell a 24% stake in Hungarian road haulage company Wabererʼs International to Trevelin Holding,...

Innovation

ITM establishing AI Innovation Center

One of the key goals of the Artificial Intelligence (AI) strategy is to increase the productivity of Hungarian SMEs by...

Automotive

AutoWallis completes acquisition of largest Slovenian BMW dealership

AutoWallis has successfully completed the takeover of the largest BMW dealership in Slovenia, after the company had obtained the official...

Automotive

Chervon Auto to set up HUF 17.5 bln car parts plant in Hungary

Chinese-owned Chervon Auto will set up a HUF 17.5 billion car parts plant in Miskolc (148 km northeast of Budapest),...

Competition

White Rabbit Budapest joins Per Pedersenʼs & The Network

Per Pedersen, one of the worldʼs most creatively recognized and awarded creatives, launched & The Network, a global network of...

Transport

MÁV-Start to expand repair facilities with HUF 800 mln investment

MÁV-Start, the passenger business of state-owned Hungarian railway company MAV, is investing HUF 800 million in expanding capacity at its...

Innovation

AmCham launches redesigned website

The American Chamber of Commerce in Hungary yesterday afternoon launched a new design for its website, amcham.hu....

Retail

Retail Faces Major Challenges

The retail sector (along with hotel and hospitality) is seen as being under most threat in the COVID pandemic and...

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...