Business

Interview

EBRD loan of EUR 5 mln to Moldova’s Mobiasbanca

Moldovan businesses will benefit from greater access to finance as the European Bank for Reconstruction and Development is extending a...

Pharma

Bosch gradually increasing production at Romanian plants

German company Bosch said that it is gradually ramping up production activities at its units in Romania after a temporary...

Interview

Psychologist warns Poles against ‘unrealistic optimism’ as lockdown eases

As life begins to slowly return to normal in Poland after its COVID-19 lockdown, a psychologist has warned that “unrealistic...

Competition

OMV Petrom, Eldrive to install 30 charging stations in Romania, Bulgaria

Romanian oil and gas group OMV Petrom has announced that, together with Bulgaria’s Eldrive, it will install 30 fast-charging stations...

Transport

MÁV-Start introduces pre-season changes for Balaton destinations

Ticket sales and schedules of the Hungarian State Railways (MÁV) trains change from today (Saturday, May 30)....

Telco

Average gross earnings above HUF 400,000 in March

In March 2020, average gross earnings in Hungary amounted to HUF 400,400, 9% higher than a year earlier, according to...

Transport

Wizz Air to open bases in Larnaca, Milan-Malpensa

Low-cost airline Wizz Air will open new bases in Larnaca, Cyprus and Milan-Malpensa, Italy from July, according to a press release...

Telco

Voluntary pension member contributions rose 4.5% in Q1

Voluntary pension fund member contributions rose by 4.5% to HUF 23.15 billion in Q1 2020 from Q1 2019, data from...

Ecosystem

Innovation Ministry to support innovation projects with HUF 53 bln

The government approved the Innovation and Technology Ministryʼs (ITM) research and development and innovation strategy, as part of which more...

Automotive

Bosnia’s Federation industrial output down in April

The industrial output of the Federation of Bosnia and Herzegovina dropped by 19.1% year-on-year in April after falling 13% in...

Sustainability

Higher business volume in Poland lifts Duna House profit

First-quarter after-tax profit of listed Hungarian real estate broker Duna House increased 60% year-on-year to HUF 265 million, supported by...

Interview

The Czech gov’t taking EU Commission to court over withholding of subsidies for Agrofert

The Czech government is to take legal action against the European Commission over its blocking of subsidies of CZK 1.6...

Sustainability

Govʼt submits bill on preferential VAT rate for ʼrust beltʼ homes

The government submitted a bill to Parliament late Tuesday that would lower the VAT rate on home construction in "rust...

Telco

AutoWallis registers 10% revenue growth in Q1 2020

Listed company AutoWallis has managed to increase its revenue by 10% to HUF 20.2 billion in the first quarter of...

Deals

Govʼt submits 2021 budget bill to Parliament

Minister of Finance Mihály Varga submitted the 2021 budget bill to Parliament today, according to a report by state news...

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...