Business

Telco

Avg gross earnings at HUF 400,200 in April

In April 2020, average gross earnings amounted to HUF 400,200, 7.8% higher than a year earlier, with the economic impacts...

Ecosystem

Szeged has highest QS-ranked university in Hungary

According to the Quacquarelli Symonds Top Universities’ list, the University of Szeged (SZTE) has become the best higher education institution...

Automotive

Slovakia producer prices fall for second month in May

Slovakia’s producer price declined for the second straight month in May, the latest figures from the Slovak Statistical Office (SÚSR)...

Automotive

Bosnia’s retail sales down on year up on month in May

Bosnia’s retail sales shrank by a real 10.7% on the year in May, after decreasing by an annual 34.6% in...

Pharma

Sensirion announces new production site in Hungary

Swiss sensor technology company Sensirion will establish a new production site in Debrecen (about 194 km east of Budapest) to...

Office Market

Daikin opens showroom in Promenade Gardens

Daikin Hungary opened a new showroom on a 309 sqm ground floor retail area in Tower "B" of Promenade Gardens...

Pharma

Govʼt aids MOL, Audi, Szeged uni R&D partnership with HUF 4 bln

The government is supporting a research partnership between oil and gas company MOL, the local unit of German carmaker Audi...

Automotive

Bosnia’s annual deflation deepens in May

Bosnia and Herzegovina’s consumer price index (CPI) decreased by 2.1% year-on-year in May, after dropping by 1.2% a month earlier,...

Retail

ALDI to extend opening hours around lakes during summer tourist season

ALDI will extend the opening hours of its stores around Lake Balaton and Lake Velence during the high tourist season,...

Automotive

Magyar Suzukiʼs net revenue grows by 23% in 2019

Magyar Suzuki sold 194,447 vehicles in 123 countries around the globe in 2019, while growing its net revenue to nearly...

HR

Remote work did not decrease efficiency of businesses, research says

Having to work from home during the lockdown months did not have a negative effect on the efficiency of businesses...

Deals

GKI forecasts 5.7% economic contraction in 2020

Economic research institute GKI projects Hungaryʼs economy will contract 5.7% this year, if there is no second wave of coronavirus...

Office Market

Skanska introduces new safety standards, creates new office concept

Skanska has established several rules and adapted its workplaces in the CEE region to allow employees to safely return to...

Transport

Freight transport performance drops 12% in Q1 because of pandemic

Performance of freight transport companies in Hungary was down 12% in the first quarter from a year earlier at 13.5...

Construction

Spectis: 960 top projects in Poland worth EUR 120 bln

Despite a short-lasting downturn in economic activity caused by the COVID-19 pandemic, the Polish construction industry will continue to exhibit...

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...