Business

Interview

Czech govt plans to support businesses hit by coronavirus crisis

The Czech government is preparing to support Czech businesses hit by the effects of the coronavirus crisis to the tune...

Automotive

Audi Hungaria revenue up 16% in 2019

The Hungarian unit of German carmaker Audi had revenue of EUR 8.56 billion in 2019, up 16% from a year...

Telco

UPC Direct announces decoded weeks

UPC Direct has announced a nearly three-week decoded period after the addition of Epic Drama HD to their channel lineup,...

Retail

Tesco recruiting temporary workers

Tesco is recruiting people for temporary jobs, says penzcentrum.hu. There is a great deal of work involved in finding people...

Competition

Govʼt decree makes ʼhome officeʼ easier for businesses

A decree published in the latest issue of the official gazette Magyar Közlöny allows employers to unilaterally instruct their staff...

Retail

Watchdog to check price hikes in Poland as coronavirus hits

A Polish consumer watchdog said on March 17 that it was setting up a team to monitor price hikes for...

Telco

BUX falls, forint hits new negative record

The Budapest Stock Exchangeʼs main BUX index finished down 6.54% at 29,464.28 on Wednesday as markets continue to be dominated...

Deals

Dreher announces 3 new managers

Dreher Breweries announced strengthening its management team by appointing three experts: Tomáš Kosmák as manufacturing director, Tibor Kovács as engineering...

Deals

MOL announces discovery in Norwegian North Sea

Hungarian oil and gas company MOL on Wednesday announced an offshore discovery in the Norwegian North Sea, state news wire...

Automotive

Hungary Audi plant to shut down from Monday

German carmaker Audi will shut down production at its base in Győr (about 123 km west of Budapest) from Monday...

Competition

Details of coronavirus containment measures published

Details of further measures to contain the spread of the coronavirus were outlined in a decree published in an issue...

Deals

GLP to acquire Goodman Group’s CEE logistics portfolio

GLP, global investment manager and business builder in logistics, real estate, infrastructure, finance and related technologies, announced that it has...

Telco

BUX down 5.5%, forint hits new low against euro

The Budapest Stock Exchangeʼs main BUX index finished down 5.51% at 32,304.48 Monday, paring losses after dropping more than 12%...

Competition

E-signatures may help to keep business running during outbreak

Business partners may be unable or unwilling to arrange a face to face meeting to sign contracts during the coronavirus...

Deals

Value of bank card purchases, payments climb 24% in Q4

The value of domestic purchases and payments made with bank cards issued in Hungary rose almost a quarter in Q4...

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...