Business

Automotive

Lithuania industrial production falls in May

Lithuania’s industrial production declined in May, according to the latest figures from Statistics Lithuania (LS). Industrial production decreased a working-day...

Deals

MOL announces conditions of ING share option agreements

Hungarian oil and gas company MOL on Tuesday announced the terms and conditions of share option agreements it concluded with...

Interview

Policymakers cut base rate by 15 bp to 0.75%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 15...

Office Market

Codic launches ʼHomeWorkʼ building rehabilitation project

Codic Hungary has announced a new real estate project named "HomeWork" aiming at rehabilitating and repurposing a historic school building...

Telco

Govʼt earmarks almost 22 bln for crisis-hit farm, food sector

Hungaryʼs Agriculture Ministry has allocated almost HUF 22 billion in grants to support farmers and food processors hit by the...

Automotive

Estonia producer prices continue to fall in May

Estonia’s producer prices continued to fall in May, the latest data from Statistics Estonia (SE) shows. The producer price index...

Automotive

Poland retail sales decline in May

Poland’s retail sales dropped in May, the latest figures from the Warsaw-based Central Statistical Office (GUS) show. Retail sales fell...

Automotive

Industry Endures Unprecedented Collapse in April

The coronavirus pandemic has taken its toll on all economies: in the EU, the average setback in industrial output was...

Automotive

Croatia jobless rate climbs in May

Croatia’s registered unemployment rate edged up to 9.5% in May, from 9.4% at the end of April, the Croatian Bureau...

Automotive

Poland industrial production, producer prices fall

Poland’s industrial production declined at a faster-than-expected rate in May, and producer prices decreased for the third straight month, figures...

Pharma

Gov’t building MotoGP racetrack outside Hajdúnánás for HUF 65 bln

The government is building a modern, multifunctional, economically viable racetrack on the outskirts of Hajdúnánás (215 km northeast of Budapest),...

Interview

President Áder to name Barnabás Virág MNB deputy gov

President János Áder, on the recommendation of Prime Minister Viktor Orbán, will name Barnabás Virág as the deputy governor of...

Pharma

Praktiker turnover climbs 18% in 2019

Sales of do-it-yourself chain Praktiker rose 18% to HUF 67.8 billion last year, the company said on Monday, according to...

Competition

Keeping Business Ventures Alive: The Role of Directors and Risks of Recovery Plans

Over the last several weeks, the coronavirus outbreak has had a damaging effect on various businesses throughout the global economy....

Competition

New Market Standards in a Volatile Economic Environment

COVID-19 broke a 10-year-plus market uptrend and brought extreme volatility to markets due to the uncertainty of the economic outlook...

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...