Business

Telco

Gross wages up 13.9% y.o.y. in November

The average gross wage for full-time workers in Hungary rose 13.9% year-on-year to HUF 403,500 in November, Hungarian news agency...

Competition

The Future of ICT Services

Invitech became the first company in Hungary to offer Microsoft Teams as a unified ICT service, allowing the company’s clients...

Competition

Cloud-based Solutions can cut IT Costs in Half

Cloud computing combines cost and energy efficiency within the workplace, allowing a business to grow with user-friendly and easy to...

Office Market

Get Ready to say Goodbye to the Open Plan Office

This decade, offices are expected to transform drastically. It is not only the changing generations that are driving this rejuvenation,...

Competition

Factoring Alternatives for SMEs

In our regular Corporate Finance column, Les Nemethy and El Mehdi Hosni look into the pros and cons of factoring...

Incubators

OXO Technologies Holding to go Public in 2021

OXO Group has announced the creation of CEE tech investment firm OXO Technologies Holding, bringing all of its investments under...

Office Market

Atenor Tops out Latest Office Project

Atenor and its contractor, Péter Építő have topped out Aréna Business Campus Building “A”. The first eight level phase of...

Deals

Erste Completes Purchase of Advance Tower

Erste Real Estate Fund has closed the acquisition of the second 8,000 sqm phase of the 20,000 sqm Advance Tower...

Competition

725 medical practices have no doctor

In January, 469 general practitioners and 256 primary care dental practices were vacant, meaning 725 practices are vacant. At the...

Pharma

Foreign min partners with pharmas to improve global market position

Hungaryʼs Ministry of Foreign Affairs and Trade signed a strategic agreement with the Hungarian National Association of Pharmaceutical Makers (Magyosz),...

Sustainability

Home price growth slows countrywide in Hungary

Home price growth slowed in Hungaryʼs biggest cities as well as the capital in the third quarter, a report released...

Retail

Zsidai Group expands in Austria with new restaurant partner

As the regional master franchisor of Jamie Oliver restaurant brands, the Zsidai Group announced international expansion with the help of...

Telco

Romania annual bank deposits growth speeds up in Dec

The deposits of the non-governmental sector in Romanian banks grew 11.5% year-on-year to RON 367.7 billion (EUR 75 billion) in...

Interview

Organ transplants from dead donors set Czech record in 2019

The organs of 288 dead donors were used to save patients in the Czech Republic in 2019. That is a...

Deals

Instant money transfers to start March 2

Instant payments will be launched on March 2, with retail and business-to-business remittances amounting up to HUF 10 million a...

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...