Business

Automotive

Romania GDP growth slows in Q1

Romania’s economic growth decelerated to 2.4% year-on-year in the first quarter of 2020, compared to a 5% annual increase in...

Automotive

Bulgaria industrial production fall for second month in April

Bulgaria industrial production fell for the second straight month in April, according to the latest data from the National Statistical...

Interview

Compulsory quarantine in Slovakia lifted

Compulsory two-week quarantine in state facilities and e-quarantine of the same length for Slovaks arriving from abroad was lifted as...

Automotive

Lada imports suspended indefinitely

The import of the new car from the Russian Lada brand has been suspended for an indefinite period of time,...

Telco

Pick Szeged announces HUF 2.9 bln capital raise

Salami maker Pick Szeged announced Wednesday that at its May 21 general meeting it decided to raise the companyʼs registered...

Automotive

Czech industrial production declines in April

The Czech Republic’s industrial production declined in April, according to the latest data released by the Czech Statistical Office (CZSO)....

Retail

President plans to give all Polish children holiday vouchers

Polish President Andrzej Duda has said he wants to give families an electronic voucher of PLN 500 (EUR 113) per...

Sustainability

MNB sees home completions declining till 2022

The National Bank of Hungary (MNB) projects the number of home completions will fall in 2020 and 2021, then rise...

Deals

IT Services Hungary to rebrand as Deutsche Telekom IT Solutions

IT Services Hungary (ITSH) will rebrand as Deutsche Telekom IT Solutions, aiming to streamline the German mother company’s international b2b...

Interview

Unemployment in Czech Republic expected to peak in June

Unemployment in the Czech Republic has only seen a slight increase so far, despite the considerable impact of the coronavirus...

Sustainability

Certified consumer-friendly home loan outlays reach HUF 1 tln

Outlays of home loans certified "consumer-friendly" by the National Bank of Hungary (MNB) have reached HUF 1 trillion, state news...

Telco

Gen govʼt deficit widens to nearly HUF 1.052 tln at end-May

Hungaryʼs general government deficit, excluding local councils, reached nearly HUF 1.052 trillion at the end of May, widening on pandemic...

Transport

Passenger center to be built at Keleti

In order to serve passengers more comfortably, a passenger center will be built by the end of next summer at...

Deals

BFK launches feasibility study for Danube rail tunnel

The Budapest Development Center (BFK) has launched an open public procurement procedure for a feasibility study to examine the possible...

Retail

Nourishing Mind and Spirit: The Future of Budapest’s Restaurants

David Holzer finds his mind, not to mention his stomach, pining for the forbidden fruits of a Budapest restaurant, and...

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...