Business

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...

Transport

Wizz Air to open new base in St. Petersburg

Discount carrier Wizz Air announced that it will open its first base in Russia at Pulkovo Airport in Saint Petersburg...

Automotive

Polish automotive sector to see mass layoffs, report claims

Before the world went into a lockdown, the automotive sector was already reducing headcount due to growing automization. Now, down...

Automotive

Age of used car imports increases

The volume of used car imports has fallen by more than 40% due to the emergency measures introduced to deal...

Automotive

New vehicle registrations continue to plunge in May

New passenger car registrations in Hungary fell 54.5% year-on-year to 6,472 in May, the second full month of the restrictions...

Pharma

GalCap acquires Rumbach Center for German pension fund

GalCap Europe, a real estate asset and investment manager specializing in Austria and Central Europe, has acquired Rumbach Center in...

Pharma

5% of landlords offered rent discounts

The epidemic shocked the rental market, which not only caused rents to fall, but landlords also provided extraordinary discounts to...

Telco

Doktor24 gets EUR 10 mln private investment

Private healthcare service provider Doktor24 Medicina group said on Tuesday that it has signed an investment agreement with private equity...

Competition

Hungary placed 3rd in Europe on 5G readiness

Some 86% of Hungarian Internet users use social networking sites, the highest number in the European Union, according to a...

Automotive

Romania has fewest cars per 1,000 inhabitants in EU

Romania has the lowest motorization rate among European Union countries, with 332 passenger cars per 1,000 inhabitants as of 2018,...

Deals

Opus Global parts with last of Appeninn shares

Listed holding company Opus Global has sold the last of its shares in listed property company Appeninn, state news wire...

Interview

North Macedonia’s president to end state of emergency

President of North Macedonia Stevo Pendarovski declared on Friday (June 12) a decision to lift the state of emergency in...

Automotive

Romania inflation eases, industrial production falls

Romania’s consumer price inflation eased in May, data from the National Institute of Statistics (INS) shows. The consumer price index...

Telco

Nearly 70 open-air spas to be refurbished along Lake Balaton

This year 67 open-air spas will be refurbished along the shores of Lake Balaton for a combined cost of HUF...

Interview

Poland ‘invades’ Czech Republic in ‘misunderstanding’

Poland has admitted to briefly "invading" the Czech Republic last month in what the Polish Defense Ministry described as a...

Appointments

Hera Cuku Named Managing Director of Lilly Hungary

Eli Lilly has appointed Hera Cuku as managing director of Lilly Hungária Kft., bringing international leadership experience and a scientific...

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....

Hera Cuku Named Managing Director of Lilly Hungary

Eli Lilly has appointed Hera Cuku as managing director of Lilly Hungária Kft., bringing international leadership experience and a scientific...

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...