Business

Retail

Microsoft, EPAM team up for largest Azure skilling program in CEE

Tech company Microsoft joined forces with digital platform engineering and software development service provider EPAM Systems to address the demand...

Deals

Hell Energy subsidiary plans HUF 24 bln hotel in Tata

Avalon Center, a member of Hell Energy group, is planning on building a 120-room, five-star hotel with a HUF 24...

Interview

Poland to extend ban on international flights until June 6

Poland plans to extend a ban on international flights by two weeks until June 6 due to the coronavirus pandemic,...

Interview

Collapse of Smartwings could cost 60,000 jobs

A representative of the Smartwings Group, which owns Czech Airlines, says its collapse could threaten up to 60,000 jobs, Czech...

Telco

Szerencsejáték offers to pay sales partners preserving jobs extra HUF 5 bln

State-owned lottery company Szerencsejáték is offering its key sales partners hit by the pandemic but preserving jobs extra commissions worth...

Sustainability

Plusz bond weekly sales up

The latest weekly sales of the Hungarian Government Securities Plusz bonds for retail investors reached HUF 40.3 billion, up from...

Telco

Leasing market takes hit from pandemic crisis

Growth on Hungaryʼs leasing market came to a halt in the first quarter due to the coronavirus pandemic, the Hungarian...

Logistics

Consumer, business confidence improves in May

GKIʼs combined gauge of consumer and business confidence rose to -28.1 points in May from -33.1 points in April, the...

Retail

GKI: Increased online customers could boost market 25%

GKI Digital’s online retail flash report predicts that, while purchasing power may decline due to the expected decline in GDP,...

Retail

62% of small companies in Poland adapted to remote or online work

Around 62% of small businesses in Poland successfully adapted to switching to remote work or transferring their activities to the...

Automotive

Poland industrial production, producer prices decline

Poland’s industrial production declined at a faster-than-expected rate in April, and producer prices fell for the second straight month, figures...

Interview

80% of Czech startups plan to expand abroad

Nearly 80% of Czech startups plan to expand abroad, according to a study by Startup Report, carried out in cooperation...

Telco

Govʼt announces details of HUF 25 bln in extra farm support

The Agriculture Ministry on Friday announced details of HUF 25 billion in support for farm producers and food industry companies...

Office Market

Futureal starts construction of Corvin Innovation Campus

Futureal Group has launched the construction of Corvin Innovation Campus, an office complex equipped with contactless technology offering almost 30,000...

Transport

Budapest Airport Coming Back to Life as Air Traffic Resumes

Ferenc Liszt International Airport has become a key lifeline for bringing in cargo, including medical supplies. Rolf Schnitzler, CEO of...

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...