Business

Deals

U.S.-based Digital Realty unit Interxion acquires Croatia’s Altus IT

U.S.-based Digital Realty said its European provider of carrier- and cloud-neutral colocation data center solutions, Interxion, has acquired Croatia’s leading...

Manufacturing

Romania industrial production rises in July

Romania’s industrial production rose in July, the latest data from the Bucharest-based National Institute of Statistics (INS) shows. Industrial production...

Construction

Construction output down 21% y.o.y in July

The volume of construction output, based on raw data, was 21% lower in July 2020 compared to the high base...

Retail

Penny Market donates HUF 5 mln to ambulance service foundation

Discount retail chain Penny Market donated HUF 5 million to the National Ambulance Service Foundation (OMSZA), according to a press...

Construction

Budapest would need 120,000 new homes by 2030

According to a study commissioned by a Viennese real estate development company, Wiener Komfortwohnungen, there will be a demand for...

Telco

MÁV updating trains with 4G routers

MÁV has begun introducing new devices on trains that are easier to use and provide significantly faster internet, writes penzcentrum.hu....

Retail

New McDonaldʼs restaurants open on M1 motorway

Two McDonaldʼs restaurants have opened on opposite sides of the M1 motorway which runs between Budapest and the Austrian border,...

Science

Hungary declared free of bird flu

Hungary regained its status as a bird flu-free country on September 8, based on the specification of the World Organization...

Office Market

Vodafone Hungary, UPC to move HQ to Budapest ONE office park

As the next step in the integration of Vodafone Hungary and UPC, the two companies will move their headquarters to...

Retail

Bulgaria’s retail sales down in July

Bulgaria’s retail sales at constant prices fell 17.5% year-on-year in July after decreasing by an annual 18.1% in the previous...

Retail

Slovenia industrial output falls less in July

Slovenia’s industrial production dropped 4.6% year-on-year in July following a 12.1% decline in the previous month, the Statistical Office of...

Residential

LIVING announces Park West 2 project

LIVING, real estate developer WINGʼs umbrella brand specializing in residential properties, has announced Park West 2, a new 234 apartment...

Retail

Pork industry appeals to retailers over dumping concerns

The Hungarian Meat Industry Association issued an appeal to retailers for solidarity in the face of expected dumping after Germany...

Residential

New home sales still weak, despite rise from last quarter

In the summer months, developers sold about 1,000 newly built flats in Budapest, which is almost double the record low...

Manufacturing

Serbia’s Jugotex to open protective workwear factory in Bosnia

Serbian manufacturer of protective clothing and equipment Jugotex will open a textile factory in Bosnia’s eastern municipality of Milici, the...

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...