Business

Office Market

Lease contract signed for an entire floor of BudaPart CITY

The very first lease contract has been signed for an entire floor of the BudaPart CITY office development project, according...

Deals

Intrum to take over SVEA portfolio

The local unit of Swedish debt collection company Intrum on Monday said that it will be taking over the management...

Appointments

Dentons appoints 3 partners to European leadership roles

Global law firm Dentons announced the appointment of Anita Horváthas co-head of the Energy group, Christopher Rose as head of...

Deals

MNV relaunches auctions of state-owned real estate

The Hungarian National Asset Management Company (MNV) on Friday said it will re-start a clean-up of its real estate portfolio...

Deals

Cordia raises HUF 37.6 bln from BGS bond sale

Hungarian property developer Cordia raised HUF 37.6 billion in proceeds from the sale of a corporate bond auctioned on Thursday,...

Transport

County motorway vignette turnover edges up in H1

Sales of county motorway vignettes, valid for a calendar year, reached HUF 10 billion in the first half, increasing 1.3%...

Retail

Hungarians plan to spend more on clothes

A recent survey by online reseller Vatera revealed that from March to June, respondents spent an average of HUF 8,875...

Deals

Kométa signs strategic agreement with gov’t

Italian-owned cold cuts producer Kométa 99 Zrt., based in Kaposvár (185 km southwest of Budapest), has signed a strategic cooperation...

Automotive

Opel turns out 10 millionth engine at Hungary base

French-owned carmaker Opel has turned out the 10 millionth engine at its plant in Szentgotthárd (217 km southwest of Budapest),...

Retail

Hell Energy and Hydro announce ʼgreenest beverage can in the worldʼ

Hell Energy Group, a well-known energy and soft drink producer, together with the aluminum company Hydro, signed a contract on...

Automotive

AutoWallis to become importer of Opel brand in 3 CEE countries

Automotive company AutoWallis is set to become the importer of the Opel brand in Croatia, Slovenia, as well as in...

Transport

Luxair’s Budapest-Luxembourg flight to be launched next month

Luxair, the flag carrier of Luxembourg, will start a new seasonal direct service between Budapest and Luxembourg next month, according...

Automotive

Magyar Suzuki reaches 3.5 million-vehicle milestone

Japanese carmaker Suzuki marked the production of the 3.5-millionth vehicle - a hybrid Vitara - at its plant in Esztergom...

Manufacturing

EBRD to lend EUR 5 mln to Romanian steel mill Donalam Calarasi

The European Bank for Reconstruction and Development (EBRD) has announced that it will provide a EUR 5 million working capital...

Automotive

First hybrid rolls off line at Daimler plant in Hungary

Germanyʼs Daimler completed the production of the first hybrid car at its plant in Kecskemét (about 82 km southeast of...

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...