Business

Telco

Interest strong for EV subsidies

Hungarians submitted almost 900 applications for a combined HUF 4 billion in subsidies for purchases of fully electric vehicles and...

Transport

Qatar Airways restarts flights Budapest and Doha

Starting today, Qatar Airways offers three flights per week between Budapest and Doha, operated by a Boeing 787 Dreamliner offering...

Construction

Construction output volume down 2.1% y.o.y. in April

The volume of construction output, based on raw data, was 2.1% lower in April 2020 compared to the same month...

Telco

Csányi at top of ʼ100 Richestʼ Hungarians list

Sándor Csányi, the food and farm industry magnate who also heads Hungaryʼs biggest commercial lender, OTP Bank, remained at the...

Telco

Aid from anti-crisis shield has reached EUR 18.4 bln, Polish ministry says

The total value of aid granted under the anti-crisis shield amounts to PLN 81.86 billion (EUR 18.4 bln), the Polish...

Interview

V4 leaders seeking common position on EU recovery plan

The prime ministers of the Visegrád Group countries (Czech Republic, Hungary, Poland, and Slovakia) met in Lednice, south Moravia in...

Retail

Beer sales soar to HUF 25 bln amid COVID lockdown in March, April

The domestic retail turnover of beer was more than HUF 25 billion between March and April, which represents an increase...

Automotive

Automotive industry output drops 80% y.o.y. in April

The output of the automotive industry, representing approximately 10% of Hungaryʼs total manufacturing output, fell by 80% year-on-year in April,...

Pharma

HUPHAR names cariprazine ʼ2019 Medicine of the Yearʼ

The Hungarian Society for Experimental and Clinical Pharmacology (HUPHAR) has named Gedeon Richterʼs antipsychotic cariprazine "2019 Medicine of the Year",...

Automotive

Slovakia industrial production logs record fall in April

Slovakiaʼs industrial production declined at a record pace in April, data from the Slovak Statistical Office (SÚSR) shows. Industrial production...

Automotive

Net investment in Romania up in Q1

Net investment in Romania’s economy increased 5% on the year in the first quarter of 2020, reaching RON 18.44 billion...

Interview

Czech ruling coalition to lower rate of planned digital tax

The council of the current ruling coalition of the ANO party and the Social Democrats has agreed to lower the...

Retail

EBRD lends EUR 50 mln to Polish wholesaler Eurocash

Polish customers will enjoy a wider choice of goods when shopping online thanks to the acquisition of full control over...

Telco

Retail deposit stock jumps in April

Monthly data released by the National Bank of Hungary (MNB) on Thursday show an unprecedented increase in retail deposits in...

Transport

FlixBus relaunches Budapest-Vienna service

FlixBusʼ service between Budapest and Vienna restarts today, with four departures per day from both cities in the initial relaunch...

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...