Business

Sustainability

Home sales slightly down y.o.y. in February

Approximately 13,117 homes were sold in February 2020, about 3% fewer than in the same period of 2019, according to...

Transport

Wizz Air cancels Debrecen-Tel Aviv flights for about a month

Hungarian low-fare carrier is canceling flights between Debrecen (about 195 km east of Budapest) and Tel Aviv between March 11...

Deals

Wyser enters Hungarian market

Wyser, an international company within Gi Group, specializing in recruiting and selecting specialized middle and senior management, announced its entry...

Competition

GVH investigates Viber

The Competition Authority (GVH) has launched a competition enforcement investigation to determine whether certain commercial practices related to the use...

Telco

Average pension half the average salary

On Wednesday morning, the Central Statistical Office (KSH) published earnings figures for December last year, and the report also found...

Telco

Hungary investment volume growth slows to 5.9% in Q4

Investment volume in Hungary rose 5.9% year-on-year in the fourth quarter, the lowest rate since Q4 2016, Hungarian news agency...

Retail

EMA accepts regulatory submission for Richter’s combined oral contraceptive

Pharmaceutical company Gedeon Richter today announced that the European Medicines Agency (EMA) has accepted Richter’s regulatory submission for a combined...

Telco

K&H Bank adjusted profit climbs 7% in 2019

Net profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 7% to HUF 50.9 billion last year, cleared...

Competition

Forint reaches new low against euro

The forint slipped as far as 340.69 against the euro - a new historical low - shortly after 9:00 am...

Incubators

Budapest taking 5th safari trip into startup world

Budapest will once again become an interactive showcase of the Hungarian startup ecosystem as the fifth Budapest Startup Safari returns...

Automotive

Polish electric car producer presents partner to design its first models

ElectroMobility Poland, a company founded by four Polish energy companies (Enea, Energa, PGE and Tauron) with the aim of starting...

Deals

German Neuraxpharm reinforces presence in Poland

Neuraxpharm Group, a leading European specialty pharmaceutical company focused on the treatment of central nervous system (CNS) disorders, has announced...

Industrial

Industrial Demand High but Market Underperforming

The Hungarian industrial sector is generally regarded as underperforming in comparison with its Central European neighbors. However, demand is present...

Pharma

Record EUR 3.7 bln sales at Mercedes Kecskemét

Mercedes-Benz continues to squeeze everything out of its plant in Kecskemét (90 km southeast of Budapest), with nearly 190,000 cars...

Transport

Wizz Air reduces capacity on flights to Italy (Update)

Hungarian low-fare carrier Wizz Air on Thursday said it is reducing the frequency of some of its flights, among them...

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...