Business

Industrial

Occupancy rate of Prologis Hungary portfolio at 99.4%

At the end of Q1 2020, the occupancy rate of the Hungarian portfolio of logistics real estate investor Prologis stood...

Retail

Ikea to reopen stores in Hungary

Swedish home furnishings retailer Ikea will reopen its stores in Hungary on May 5, the company told Hungarian news agency...

Retail

K&H discounts account management fee

K&H will provide significant relief to retail account holders from April, as well as retrospectively, the bank said, according to...

Telco

Hiventures launches rescue programs, fund

Hiventures Fund Manager is helping startups, small- and medium-sized businesses and large companies that are in trouble due to the...

Automotive

Ford Romania to gradually resume production next week

The Romanian unit of U.S. auto maker Ford Motor Company has said on Tuesday that its plant in Craiova, southwestern...

Incubators

Hungarian startup clinches 2nd place in CEE Scaleup Challenge

BroadBit Batteries, a technology company from Hungary developing revolutionary new batteries using novel sodium-based chemistries, placed second at the CEE...

Interview

Poland may seize assets if Russia’s Gazprom fails to abide by court ruling, official says

A Polish official has suggested his country will seize assets belonging to Gazprom if the Russian gas giant does not...

Automotive

Slovakia producer price inflation slows in March

Slovakia’s producer price inflation eased in March, latest figures from the Slovak Statistical Office (SÚSR) show. The producer price index...

Retail

Bige Holding makes COVID-19 testing equipment donation

NZRT Trade Kft., a member of the Bige Holding Group donated HUF 67.8 million worth of coronavirus testing equipment to...

Competition

Competition Office fines booking.com operator HUF 2.5 bln

Hungaryʼs Competition Office (GVH) on Tuesday said it fined the Dutch operator of online booking site booking.com HUF 2.5 billion...

Sustainability

Panel housing price plateaus

With regard to prefabricated flats, the socialist-era accommodation blocks known as "panel housing", the real estate market entered a mature...

Telco

Poland to invest EUR 6.6 bln in infrastructure in 2020

Polandʼs government intends to invest PLN 30 billion (EUR 6.6 bln) in roads and railway infrastructure in 2020, said Tomasz...

Interview

Romanian schools, unis will not reopen this school year, president says

Romanian President Klaus Iohannis announced on April 27 that schools across the country will not reopen in the current school...

Competition

Czech businesses say government aid “too little, too late”

Many Czech firms and businesses hit by the coronavirus restrictions claim that the government’s support programs have left them out...

Deals

Cordia raises its stake in Polnord to 92.92%

Cordia, a member of real estate developer and investor Futureal Group, raised its stake in Polish real estate developer Polnord...

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...