Business

Construction

Construction sector output slips 2.5% in Jan

Output of Hungaryʼs construction sector fell 2.5% year-on-year in January, declining for the first time in almost two years, state...

Telco

BUX dives with peers on pandemic fears

The Budapest Stock Exchangeʼs main BUX index was down 9.47% at 30,950.05 at noon on Monday, plunging on concerns over...

Competition

EBRD launches EUR 1 bln coronavirus financing package

The European Bank for Reconstruction and Development (EBRD) on Friday unveiled a EUR 1 billion "Solidarity Package" of measures to...

Automotive

Czech industrial production decline slows in January

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

Interview

Germany’s MAN may move truck production to Poland, Handelsblatt

German truck manufacturer MAN plans to cut jobs amid financial woes and may decide to move some of its production...

Transport

Wizz Air could restore normal services from July

Wizz Air expects the situation in April to be similar to the one in March and which flights get canceled...

Competition

MNB warns against phishers

Using the coronavirus as a backdrop, some phishing attempts have also begun, warns adozona.hu....

Ecosystem

CEU top-ranked university in Hungary

Several Hungarian universities have been listed among the most prestigious institutions in the Quacquarelli Symonds World University Rankings of 2020,...

Transport

ATW names Wizz Air ʼ2020 Airline of the Yearʼ

Air Transport World (ATW) has named Wizz Air as the ATW "2020 Airline of the Year", with the airline becoming...

Deals

Hungary most vulnerable to China supply chain disruption

According to a recent data analysis of Europe by the Bruegel Institute, Hungarian industry is the most dependent on Chinese...

Deals

Private Banking: Strong Growth in 2019 Unlikely to be Replicated in Next 12 Months

Hungary’s private banking sector, where many of the country’s high-earners deposit their savings for safe keeping, saw its total assets...

Retail

Banks Rush to Embrace Digitalization to Trump FinTech Competition

While banks are closing branches internationally and the tech-savvy predict FinTechs could well dominate the financial competition, the reality shows...

Deals

Splicing American Go-getting with Hungarian Success

Graphisoft boss Huw Roberts is on a double journey of discovery, plotting how he takes the architectural software company to...

Office Market

Construction Industry Faces new Challenges

Rising construction costs and scarcity of labor are seen as a major barrier to development and therefore market growth across...

Sustainability

Real estate market activity almost back at 2019 levels

Real estate market activity in February was almost as high as in the same month of 2019, with more than...

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...