Business

Deals

AutoWallis takes over Sloveniaʼs largest BMW dealership

Hungarian automotive company AutoWallis announced successfully closing the transaction of taking over Sloveniaʼs largest BMW dealership in Ljubljana, meaning that...

Deals

Opus Global names new CEO

Attila Zsolt Dzsubák will take over as CEO of holding company Opus Global from July 1, replacing Miklós Gál, according...

Logistics

Consumer, business confidence continues to improve in June

GKIʼs combined gauge of consumer and business confidence rose to -20.5 points in June from -28.1 points in May, the...

Interview

Poland confirms plan to acquire coal-fired assets

Poland is working on a plan to create a company that will acquire the country’s coal-fired power plants to ease...

Retail

E-retailer eMAG launches physical stores

Online retailer eMAG is launching a physical store network in Hungary, the company announced after its first store opened in...

Automotive

New car market fell 54.5% in May

Due to the coronavirus epidemic, the number of new passenger cars placed on the market in the European Union fell...

Telco

Govʼt raises limit of business development scheme to HUF 100 bln

The government decided to double the original limit of the "Hungarian High-tech and Green" scheme that supports technology upgrades by...

Interview

Polish PM promises tax help for business

A scheme to remove corporate income tax from many small- and medium-sized enterprises will cost Poland almost PLN 5 billion...

Competition

Poland says EUR 33.7 mln in subsidies available for buying EVs

Poland’s Climate Ministry announced that PLN 150 million (EUR 33.7 mln) has been made available with the launch of three...

Interview

Croatia healthcare debt totals HRK 9 bln in Q1, minister says

Croatia’s Finance Minister Zdravko Marić has said the healthcare system’s debt in the first quarter of the year reached HRK...

Retail

Starting a Post-COVID Recovery Revolution

Telenor Hungary’s Czech CEO Jan Hanus gives a rare and exclusive interview to the Budapest Business Journal on his company’s...

Deals

OECD: COVID 2nd Wave Would Mean 10% hit to Hungary’s Economy

The OECD has predicted Hungary’s economy will suffer a contraction of between 8-10% this year, depending on whether there is...

Telco

State of Emergency Brought to an End

Parliament unanimously approved the proposal to lift the state of emergency ordered by the government on March 11 due to...

Office Market

Atenor Completes Latest Phase of Váci Greens

The 25,000 sqm building “F” at the Váci Greens office development, designed by TIBA Architects Studio, with a pre-opening occupancy...

Sustainability

Cordia announces new residential project in Poland

After acquiring nearly 93% of stocks of Polnord listed on the Warsaw Stock Exchange, Cordia is one of the first...

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...