Business

Office Market

87,750 sqm of office area delivered to Budapest market in Q2

In the second quarter of 2020, 87,750 sqm new office area was delivered to the Budapest office market in five...

Deals

Shares of Sundell Estate listed on Budapest bourse

The shares of real estate investment company SunDell Estate were listed onto the Budapest Stock Exchange on Monday, according to...

Deals

MVM and Rosatom establish joint venture

State-owned Hungarian Electricity Works (MVM) has formed a joint venture with Rusatom Service, a unit of Russiaʼs Rosatom, named European...

Deals

MVM agrees to acquire Innogyʼs Czech business

The state-owned Hungarian Electricity Works (MVM) has signed an agreement to acquire 100% of the Czech unit of German energy...

Retail

Bulgaria retail sales fall further in May

Bulgaria’s retail sales fell further in May, by an annual 20.4%, after decreasing by an annual 19.9% in the previous...

Fintech

MNB proposes keeping HUF 15,000 PIN code threshold

The National Bank of Hungary (MNB) is proposing to maintain the current limit for the mandatory use of the PIN...

HR

Vodafone Hungary offers permanent remote working to customer service staff

Since July this year, Vodafone Hungary has been offering customer service staff the opportunity to work from home in a...

Retail

Competition Office fines Alza.hu HUF 892 mln

Hungaryʼs Competition Office (GVH) on Friday said it fined consumer electronics website Alza.hu HUF 892 million for unfair business practices....

Appointments

New CTO at Talk-a-bot

Chatbot services provider Talk-a-bot announced the appointment of Péter Fehérvári as its new chief technology officer (CTO)....

Transport

New Hungarian ground handling services provider at Ferenc Liszt Intʼl

Airport Service Budapest Ltd. received its extended ground handling license, which entitles it to perform full-scale ground handling activities for...

Retail

Govʼt signs strategic agreement with Mömax owner

Hungaryʼs government on Thursday signed a strategic cooperation agreement with Austrian-owned MMXH Lakberendezési Kft, which owns the Mömax chain of...

Innovation

SHARE NOW for Business arrives in Hungary

SHARE NOW for Business is now available in Hungary, offering businesses an option to utilize the benefits of carsharing instead...

Office Market

Physical offices here to stay despite rise of remote working, JLL says

Despite the rise of remote working during the COVID-19 pandemic, physical offices are here to stay, albeit with changes, according...

Science

Academy of Sciences elects new president

The 193rd general assembly of the Hungarian Academy of Sciences (MTA) elected Tamás Freund as the new President of the...

Deals

OrienTax, Szabó Kelemen & Partners adopt Andersen brand

Hungarian tax consulting company OrienTax Zrt. and Szabó Kelemen & Partners Attorneys will adopt the Andersen brand in Europe 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....

Revolut Users Report Disruptions to Payments, Transfers and Currency Exchange

Revolut users experienced problems with several services on Tuesday morning, including card payments, transfers and currency exchange, Hungarian fintech portal...

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...