Business

Interview

Rate-setters agree that ʼpersistent changeʼ to inflation outlook key

The Monetary Council of the National Bank of Hungary (MNB) stressed that inflation would return to the tolerance band around...

Interview

Singles know less about money in Poland, study

Divorcees in Poland and people with children are the most knowledgeable on financial matters, a survey has found. Singles and...

Ecosystem

More partners join HEPA, Enterprise Hungary initiative

More partners have joined the Startup Campus (SC) Hungary Powered by HEPA Program, a scheme launched by the Hungarian Export...

Retail

Tata Intent on Upskilling and Empowering its Growth

The latest expansion by Tata Consultancy Services in Budapest, the opening of its Digital Services Center, is further proof of...

Automotive

Automotive sector output down 10% y.o.y. in Dec

Output of Hungaryʼs automotive sector, an engine of industrial growth, dropped 10.4% year-on-year in December, falling for the first time...

Competition

UPC Direct extends channel lineup

UPC Direct announced the broadening of its channel its lineup, with almost all subscribers gaining access to two more channels,...

Pharma

New iiPay office to open in Budapest

Market-leading cloud-based global payroll and technology services company Integrated International Payroll (iiPay) announced opening a new office in Hungary as...

Incubators

Budapest Bank looking to ʼSpringboardʼ women in finance

Budapest Bank created the "Springboard, Budapest Bank: For Women in Finance" program 10 years ago to support women in gaining...

Automotive

Bulgaria retail sales jumps in December

Bulgaria’s retail sales increased 5.4% year-on-year in December, after rising 2.5% in the previous month, the National Statistical Institute (NSI)...

Automotive

Slovenia industrial output slows in December

Industrial production in Slovenia increased 1% year-on-year in December, following an upwardly revised 1.5% rise in the previous month, provisional...

Automotive

Slovakia industrial production falls fifth month

Slovakia industrial production declined for the fifth month in a row in December, data from the Slovak Statistical Office (SÚSR)...

Deals

Skanska appoints new CEE commercial development leadership

Development and construction company Skanska announced the appointment of a new senior leadership team overseeing its commercial development operations in...

Sustainability

Cordia acquires controlling stake in Polish peer Polnord

Hungarian property developer Cordia has raised its stake in listed Polish peer Polnord from 1.14% to 65.66%, after acquiring almost...

Deals

State wealth increased 52% in past decade

The book value of state assets has increased by 52%, or about HUF 6 trillion, compared to 2010, Minister Without...

Competition

AutoWallis discloses theft at BMW dealerships

Listed car seller AutoWallis on Friday disclosed that inventory with a value of "at most HUF 250 million" was "illegally...

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...