Business

Automotive

Paks output climbs to 16,286 GWh in 2019

The output of the Paks nuclear plant, Hungaryʼs sole commercial generator of nuclear power, came to 16,286 GWh last year,...

Deals

New senior project manager at ConvergenCE

ConvergenCE announced the appointment of Tamás Végh as senior project manager. In his new position, he will be responsible for...

Competition

High number of offshore companies in real estate sector

The number of offshore companies in Hungary has halved in seven years, but this does not mean that concealment and...

Telco

GKI expects GDP growth of 3.5% in 2020

The Hungarian economy expanded last year by about 5%, one of the fastest in the EU. Overall, the October-November figures...

Automotive

Latvia industrial output falls the most in 6 years

Latvia industrial production slumped 3.2% year-on-year in December, down from a 0.1% decrease in the previous month, figures from the...

Interview

Czech income poverty rates second lowest best in EU

Just 3.4% of people working in the Czech Republic rank below the poverty threshold, the latest Eurostat data for 2018...

Retail

The chocoMe story: from a home-grown enterprise to a globally renowned chocolate empire

You have probably heard the brand name "chocoMe". Over the last few years the press has been loud with the...

Telco

MNB swap stock to fall HUF 130 bln after tender

The National Bank of Hungaryʼs stock of FX swaps, which the central bank uses to pump liquidity into the banking...

Deals

1st double-decker trains to arrive in March

On March 15, passengers will be able to travel on the Cegléd-Szolnok line on double-decker carriages for the first time,...

Automotive

Serbia retail sales rise at faster pace in December

Serbia’s retail trade rose 13.1% year-on-year in December, following 11.2% growth in the previous month, boosted by sales of food,...

Deals

IFC to support Romanian MSEs

International Finance Corporation (IFC), a member of the World Bank Group, said it is providing USD 16 million (EUR 14.5...

Retail

Spar joins NKM EV charger network

Spar announced the integration of its 33 EV chargers built last year into the Mobiliti system of NKM Mobilitás Kft....

Transport

Qatar Airways suspends flights to China

Qatar Airways has taken the decision to suspend flights to mainland China starting today, until further notice due to significant...

Automotive

AutoWallis vehicle sales up 21.1% in 2019

Listed auto trader AutoWallis says that it managed to grow its total number of vehicle sales by 21.1% in 2019...

Automotive

Mercedes Hungary: production at full capacity

Demand for Mercedes-Benz compact cars is buoyant worldwide, with a full capacity production program for the German premium car manufacturer...

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....

Budapest Office Vacancy Rises to 13.1% as Leasing Demand Falls Year-on-Year

Budapest’s office vacancy rate rose to 13.1% in the third quarter of 2026, while total leasing demand fell 9% year-on-year,...

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...