Business

Automotive

Cooperation of Man and Machine: Suzuki Plant’s Development Project Reaches Final Stage

As a result of a multi-stage production development project, the Suzuki plant in Esztergom (50 km northwest of Budapest) has...

Telco

Bourse turnover jumps on pandemic fears in March

Monthly turnover on the Budapest Stock Exchange reached HUF 500.8 billion in March, up from HUF 302.4 bln in February...

Competition

Microsoft to launch Dynamics 365 Business Central in Hungary

Multinational tech company Microsoft announced that Microsoft Dynamics 365 Business Central will be available in the Hungarian market from mid-April...

Pharma

AutoWallis becomes official distributor of Jaguar, Land Rover in Hungary

Wallis Automotive Europe, a subsidiary of AutoWallis Plc., a Budapest Stock Exchange listed company, has become the official distributor of...

Deals

Hungary puts 2020 deficit at 2.9% of GDP

Hungary has put its 2020 general government deficit, calculated according to the European Unionʼs accrual-based accounting standards, at 2.9% of...

Sustainability

Fewer real estate projects launched in Q1

The effects of the coronavirus are already being felt in the real estate market, as evidenced by the launch of...

Competition

Farmers urged to accurately account for livestock

A prerequisite for effective disease control measures is that the authority has accurate information on each animal, says agroforum.hu....

Automotive

New passenger car registrations down 14% in March

New passenger car registrations in Hungary reached 11,478 in March, down 14% from the same month a year earlier, the...

Automotive

Croatian industrial output falls less in February

Croatia’s industrial production fell 2% year-on-year in February, following a 5.5% decline in the previous month, data from the Croatian...

Competition

Govʼt proposes ban on gender change in official documents (HOLD THIS)

Deputy Prime Minister Zsolt Semjén submitted a proposal to abolish the possibility of legally changing oneʼs gender, according to a...

Telco

Gen govʼt deficit at 2% of GDP in 2019

According to preliminary data, the deficit of the general government sector in 2019 was HUF 958 billion, 2% of GDP,...

Automotive

Bulgaria producer prices rise in February

Bulgaria’s producer prices rose in February, figures from the Sofia-based National Statistical Institute (NSI) show. The producer price index rose...

Interview

Slovak gov’t drafts ‘first-aid’ economic package due to coronavirus

Slovakia’s government has drafted a "first-aid" package of economic measures worth EUR 1.5 billion per month (1% of GDP) to...

Deals

Richter secures agreement to sell Myovant drug relugolix

Healthcare company Myovant Sciences and pharmaceutical company Gedeon Richter announced that they have entered into an exclusive license agreement for...

Telco

Average gross earnings at HUF 375,200 in January

In January 2020, both average gross earnings and average net earnings grew by 9.2% compared to the same month of...

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...