Business

Deals

Tungsram avoids layoffs with pandemic action plan

Hungarian lighting company Tungsram announced on Monday to its employees that it would be implementing a "job protection plan" in...

Transport

Air travel dropped by half until April 19, research says

Air travel between January 1 and April 19 fell to half to what it was during the corresponding period of...

Transport

Wizz Air CEO launches London scholarship

Wizz Air CEO József Váradi is launching the Váradi Scholarship for distance learning programs through the University of London, according...

Sustainability

Weekly Plusz bond sales climb

The latest weekly sales of the Hungarian Government Securities Plusz bonds for retail investors have climbed to HUF 53.2 billion,...

Telco

Insurance brokers see compulsory vehicle policy premiums rising 10%

Compulsory vehicle insurance premiums are expected to rise by around 10% this year, according to the Hungarian Association of Independent...

Interview

Six in 10 Poles do not read books, study finds

More than six in 10 Poles did not read a single book last year, a study has found. Only 39%...

Logistics

GKI economic sentiment index plummets by unprecedented extent

The Economic Sentiment Index of economic research institute GKI fell by almost 30 points, with both business and consumer confidence...

Retail

Hungarian hand washing scanner wins again

HandInScan, a device designed by Hungarian digital innovation agency Supercharge, has won its Gold at the iF Design Award 2020,...

Automotive

Latvia producer prices fall in March

Latvia’s producer prices fell for the sixth month in a row in March, the latest figures from the Riga-based Central...

Automotive

Lithuania industrial production decrease in March

Lithuania’s industrial production declined in March, according to the latest figures from Statistics Lithuania (LS). Industrial production decreased a working-day...

Automotive

Nearly 250,000 jobs lost in Romania during state of emergency

The number of labor contracts terminated since the authorities instated the state of emergency in Romania on March 16 reached...

Automotive

Nearly 250,000 jobs lost in Romania during state of emergency

The number of labor contracts terminated since the authorities instated the state of emergency in Romania on March 16 reached...

Deals

Gen govʼt deficit reaches HUF 831.9 bln in March, ministry confirms

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 831.9 billion at the end of March, the Finance...

Retail

Afterschool club takes coding courses online

The novel coronavirus has brought a lot of challenges for a variety of sectors, education being one of them. The...

Office Market

Well-being becomes cornerstone of office transformation

As we tiptoed into a new decade change has become part of our everyday life. Digital transformation alters office spaces,...

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...