Business

Incubators

Hungarian tourism startups eligible to take part in Kasperskyʼs accelerator (IN PROGRESS)

Startups from different countries, including Hungary, are eligible to take part in "Kaspersky Exploring Russia", a tourism startup accelerator by...

Automotive

Slovakia industrial production nose-dives in March

Slovakia industrial production declined at the fastest pace in nearly 11 years in March, data from the Slovak Statistical Office...

Competition

Ministry consumer protection authorities join EUʼs CPC network

Consumer protection authorities of the Innovation and Technology Ministry have joined the European Unionʼs Consumer Protection Cooperation (CPC) network, a...

Telco

Auto showrooms reopening in May

In the first four months of this year, a total of 38,841 new cars received license plates, down 17% from...

Automotive

Bulgaria retail sales drop in March

Bulgaria’s retail sales decreased by an annual 14.6% in March, after adding 5.5% in the previous month, the National Statistical...

Interview

Croatia hopes to enter ERM II in July

Croatian Prime Minister Andrej Plenković has said that it would be much easier for Croatia in the current situation if...

Competition

MÁV-Start calls tender for 50 electric railcars

MÁV-Start, the passenger unit of state-owned railway company MÁV has called a European Union tender to purchase 50 electric railcars...

HR

Legal Implications of Home Office: Opportunity or Threat?

What seemed hardly imaginable some months ago suddenly became reality due to the COVID-19 pandemic: Sizeable teams had to switch...

Telco

OTP books HUF 4 bln Q1 loss

OTP Bank, Hungaryʼs biggest commercial lender, booked a HUF 4.1 billion loss in the first quarter as risk provisions ballooned...

Interview

Czech unemployment reached two year high in April

There were 254,000 people without work in the Czech Republic in April, the highest level since March 2018, according to...

Interview

Poland pays out billions in bid to save jobs amid virus crisis

Poland has paid out more than PLN 5 billion (EUR 1.1 bln) so far under a massive government package designed...

Telco

Stockpiling ahead of lockdown supports Richter earnings growth in Q1

Hungarian drugmaker Gedeon Richterʼs first-quarter net income rose 31.7% year-on-year to HUF 29 billion as revenue climbed, lifted by stockpiling...

Telco

Industry insiders see ad revenue falling by around one-third

Advertising industry insiders expect the market to shrink about one-third this year, state news wire MTI reports, citing a survey...

Office Market

New management at Property Market and Kopaszi Gát

Property Market Real Estate Development Ltd. announced the appointment of Mihály Schrancz as managing director, and named Bence Nádasdy he...

Office Market

Interior Design Central to a Successful Office Project

Issues related to interiors are increasingly integrated into the concept, design and project management of office developments in reaction to...

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...