Business

Telco

Epidemic costs store chains at least HUF 25-30 bln

In addition to rising purchase prices and labor costs, direct extraordinary expenses due to the coronavirus epidemic have cost store...

Competition

Responding to the Coronavirus and Laying 5G Foundations

Reacting to the situation caused by the coronavirus outbreak, Vodafone Hungary has introduced measures aiming to help the public, followed...

Telco

5G Rollout Starts, Leaving Full Potential Leverage to the Future

Although there are sceptics with adverse feelings, a common phenomenon with emerging new technologies, the tech-savvy maintain high hopes for...

Retail

Operating a Telco Giant in the Time of COVID-19

The Budapest Business Journal talks with Judit Endrei-Kiss, chief HR officer at Telenor Hungary, about the extraordinary measures taken to...

Deals

Need for Liquidity Apparent in Investment Market

Will the perception of the Central European region as a relatively low risk, high yielding investment option survive in the...

Telco

Further Measures of Economic Plan Disclosed

While the economic effects caused by the coronavirus pandemic could not be observed in the February industrial output data, COVID-19...

Deals

United Group receives Commission’s nod to acquire Bulgaria’s BTC

The European Commission said on April 6 that it has cleared the acquisition of the Bulgarian Telecommunications Company (BTC) by...

Automotive

Czech industrial production fall slows in February

The Czech Republic’s industrial production declined at a softer pace in February, the latest figures from the Czech Statistical Office...

Deals

PACCAR extends factory closures until April 20

PACCAR announced extending the suspension of truck and engine production at its factories worldwide until April 20, 2020....

Telco

Govʼt issues decree on pandemic defense funding

Hungaryʼs government has issued a decree detailing budget resources and allocations earmarked for defending against the novel coronavirus and protecting...

Industrial

Optima acquires majority stake in Polish property developer

A fund of Hungarian investment fund manager Optima has acquired a 61.49% stake in Globe Trade Center (GTC), a property...

Automotive

Latvia industrial production grows in February

Latvia’s industrial production rose for the first time in five months in February, data from the Riga-based Central Statistical Bureau...

Office Market

Skanska Hungary HQ wins German interior design award

Skanska Hungary, which describes itself as being part of one of the leading development and construction companies in Europe, says...

Office Market

Interior design of Skanska Hungary HQ wins recognition

The Skanska HQ office project in Nordic Light office complex in Budapest has been awarded in Excellent Architecture - Interior...

Sustainability

Weekly sales of Plusz bonds steady

Weekly sales of the Hungarian Government Securities Plusz bonds for retail investors came to HUF 24.5 billion, state news wire...

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...