Business

Telco

Long Road Back to Recovery Starts

Several restrictions related to the coronavirus were lifted in Budapest and Pest county on Monday, May 18. All shops could...

Sustainability

Markets Waiting for Governments to hit the Play Button

The preliminary investment volumes for Central and Eastern Europe (Poland, Czech Republic, Slovakia, Hungary, Romania and Bulgaria) for the first...

Automotive

Crisis-hit Economy Performed Well Above EU Average

The first macroeconomic data that already shows the effects of the pandemic were released in the past week, and they...

Interview

Fiscal Council recommends more reserves, savings steps to meet 2021 deficit goal

The 2.9%-to-GDP general government deficit planned in the government’s 2021 budget draft is achievable but the government "should consider to...

Automotive

Poland average wages rise, employment falls in April

Poland’s average gross wages and salaries increased 1.9% year-on-year to PLN 5,285 in April, easing from a 6.3% increase in...

Office Market

Major upgrades coming at myhive Haller Gardens

Major upgrades, including new services for tenants, will be introduced this year at the myhive Haller Gardens office building, real...

Telco

Households’ assets increased by HUF 514 bln

Households’ financial assets increased by HUF 514 billion in Q1, which is the most modest amount since the HUF 418...

Automotive

Croatia jobless rate jumps in April

Croatia’s registered unemployment rate rose to 9.4% in April, from 8.6% at the end of March, the Croatian Statistical Bureau...

Deals

4iG Q1 profit climbs on strong revenue growth

First-quarter after-tax profit of listed IT company 4iG rose 11% year-on-year to HUF 312 million as revenue jumped but margins...

Office Market

Aréna Business Campus Building ʼAʼ receives occupancy permit

Building "A" of Belgian real estate developer Atenorʼs Aréna Business Campus project has received an occupancy permit, according to a...

Ecosystem

Bulgaria mulls additional EUR 10.2 mln for COVID-hit SMEs

Bulgaria is considering providing a further BGN 20 million (EUR 10.2 mln) in assistance to local small- and medium-sized enterprises...

Transport

Wizz Air celebrates 16th anniversary with 16% discount on bookings

Wizz Air, the CEE regionʼs largest budget airline, celebrates the 16th anniversary of its founding via offering a 16% discount...

Automotive

Hungary new vehicle registrations halve in April

New passenger car registrations in Hungary fell 50.3% year-on-year to 6,170 in April, the first full month of the restrictions...

Pharma

8,500 students apply for Student Loan Plus

Already, 8,500 students have applied for the Student Loan Plus since its introduction on May 1; the success of the...

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...