Business

Interview

Škoda Auto starts 3D printing of high-grade respirators using ČTU model

Škoda Auto, in cooperation with the Czech Technical University (ČTU), has started producing high-grade respirators using industrial 3D printers, Czech...

Interview

Czech TV launches temporary ČT3 station for seniors

Czech Television began broadcasting a temporary station, ČT3, for seniors on Monday morning to help them better understand the situation...

Telco

Gasoline prices to drop below HUF 300 on Friday

The cost of gasoline will be decreased by HUF 10/liter from Friday, lowering the average price to HUF 298/liter, according...

Transport

Qatar Airways upgrades services to help people get home

Qatar Airways says that it is looking to keep skies open and get as many people possible in the wake...

Telco

OTT-ONE revenue climbs 68% in 2019

Revenue of IT company OTT-ONE rose 68% to HUF 2.86 billion last year, state news wire MTI reports, citing a...

Deals

Currency depreciation puts tenants, landlords in difficult situation

The depreciation of most currencies in the CEE region in the last couple of months puts both landlords and tenants...

Pharma

Hankook Tire suspends production at plant in Hungary

South Koreaʼs Hankook Tire will suspend production at its plant in Hungary from Monday, according to a report by state...

Competition

AutoWallis expects strengthening of market position after crisis

AutoWallis Plc. says that it expects the strengthening of its market position and new acquisition opportunities in the post-coronavirus crisis...

Office Market

Swedish Skanska sells office building in the Polish capital Warsaw

Skanska has sold its Generation Park Z office building in Warsaw to Deka Immobilien, one of Europe’s leading real estate...

Interview

Poland exempts crisis-hit micro-firms from social security payments

Poland will exempt self-employed people and micro-companies from social security payments for three months if their revenues drop by more...

Competition

SMEs in Hungary most likely to struggle from lack of reserves

In Hungary, SMEs are the most likely to struggle due to a lack of financial resources to survive the effects...

Transport

Wizz Air suspends operations at Debrecen base, cancels Brussels flights

Discount carrier Wizz Air announced suspending operations at its base in Debrecen (195 km east of Budapest) until May 1,...

Competition

MOL postpones annual general meeting indefinitely

Listed oil and gas company MOL said that "it sees no possibility" of holding its annual general meeting on April...

Competition

MNBʼs Financial Stability Board restricts dividend payments

The Financial Stability Board of the National Bank of Hungary (MNB) has adopted a comprehensive package of measures to mitigate...

Competition

ʼSolidarity and responsibilityʼ the motto of fight against COVID-19, Telenor says

While there are some universal solutions, every company needs to be creative to respond as needed and act to stop...

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...