Business

HR

Coronavirus Crisis Shines a Light on Labor Law

The outbreak of the pandemic caused a headache not only for employers, but also for lawyers who had to be...

Office Market

Futureal Starts Construction of Corvin Innovation Campus

Futureal Group has launched construction of the Corvin Innovation Campus, its latest office project at Corvin Promenade. The complex, equipped...

Automotive

Slovak retail sales in free fall in April

Retail sales in Slovakia tumbled 14.3% from a year earlier in April, the most since a record fall in February...

Transport

Budapest Airport passenger numbers down to 22,000 in May

Passenger numbers at Liszt Ferenc International Airport were down to 22,000 in May, better than in previous months, but volume...

Telco

Net asset value of investment funds edges up in April

The net asset value of investment funds in Hungary rose to HUF 7.211 trillion at the end of April, up...

Incubators

Technology has made finance more creative and social than ever

Technology transformations such as AI modeling, process automation, and machine learning are reshaping the world of finance, and even more...

Transport

Austrian Airlines to resume flights to 7 SEE countries

Austrian Airlines is to resume flying operations on June 15 after a nearly 90-day halt due to the coronavirus pandemic,...

Retail

Tim Draper to speak at 1st Online Venture Capital & Private Equity Conference in CEE

In 2020, when most of us have switched into the online world, 0100 Conferences brings the best business opportunities to...

Transport

Qatar Airways becomes largest carrier operating, taking 1.8 mln people home

Over the past three months, became the largest operating airline in the world, taking more than 1.8 million passengers home...

Automotive

Estonia’s GDP shows Q1 contraction

Estonia’s economy contracted in the first quarter of this year on weak household spending and investment, data published by Statistics...

Sustainability

Home market recovers from April nadir

In May 2020, some 8,400 homes were sold in Hungary, while the value of mortgage contracts came to approximately HUF...

Automotive

New car registrations drop more than 50% in May

New car registrations in Hungary dropped 52% from a year earlier to 6,472 in May, the Hungarian Association of Vehicle...

Deals

NAV seizes more than 30,000 boxes of untaxed cigarettes

NAV employees seized more than 30,000 boxes of untaxed cigarettes from a group of Vietnamese nationals with a criminal record,...

Automotive

Industrial producer prices up 3.7% y.o.y. in April

Industrial producer prices as a whole were 3.7% higher in April 2020 than in the same month of 2019, with...

Interview

Czech ministries move to quash corona-conspiracies

The Czech Ministry of Industry and Trade and that of Regional Development have issued a joint statement dismissing the conspiracy...

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...