Business

Automotive

Hungary to build HUF 60 bln plant to make Lynx armored fighting vehicles

A HUF 60 billion plant will be built in Zalaegerszeg to manufacture the Lynx infantry fighting vehicles in cooperation with...

Deals

AmCham Hungary, HIPA sign partnership agreement

The Hungarian Investment Promotion Agency (HIPA) supports the initiative called BSS Hungary (Business Services Sector Hungary) launched by the American...

Transport

HUF 8,000 fine for lack of mask on public transport

The Municipality of Budapest has ordered that, from now on, passengers who do not or wear a mask on routes...

Logistics

Spar expanding warehouse space around Budapest

Supermarket chain Spar said yesterday it is spending HUF 4.5 billion to expand its warehouses on the outskirts of Budapest,...

Deals

Infinum, Porsche Digital invest EUR 10 mln in JV in Croatia

Croatian IT company Infinum, together with Porsche Digital, a subsidiary of German Porsche, is launching the Porsche Digital Croatia company...

Appointments

Leading China expert joins Baker McKenzieʼs Budapest office

Baker McKenzieʼs Budapest office announced the appointment of Csaba Wolf, whose responsibilities will involve meeting the rising demand for expert...

Automotive

Daimler creates 145 more jobs at Sebeș, in Romania

Germany’s Daimler has announced it has increased the production of gearboxes in its factory at Sebeș (345 km northwest of...

Manufacturing

Factory producing parts for Patriot missiles built in Poland

Polish and American companies have launched the construction of a plant in eastern Poland which will produce missile parts for...

Appointments

New business development director at HumanField

Executive and specialist search company HumanField announced the appointment of Anita Kárai as its new business development director, according to...

Residential

Residential developer Cordia enters U.K. market, acquiring Blackswan

Cordia International Zrt. has acquired U.K. developer Blackswan, financing the transaction by using funds collected from the bond issuance under...

Automotive

EV subsidy increasing by HUF 882 mln

The governmentʼs fund for the purchase of a HUF 5 billion electric vehicles has proved such a success that the...

Automotive

New Passenger Car Registrations Return to 2008 Level

New passenger car registrations in Hungary reached 163,000 in 2019, finally returning to levels last seen in 2008, on the...

Appointments

Forensic and compliance expert joins PwC Hungary

Ferenc Bíró has joined PwC Hungary as lead partner of forensic services for Hungary and Southeast Europe, with effect from...

Innovation

ITM Issues White Paper on Reducing Pandemic Risks

The Ministry of Innovation and Technology has issued a white paper to help businesses reduce pandemic risks and continue to...

New Projects

Soccer fans post their support at Puskás Arena

Hungarian soccer fans had a chance to show their support for the national team yesterday (Sunday), despite lockdown preventing supporters...

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...