Business

Deals

BSE to list Pensum shares from Wednesday

Shares of staffing company Pensum will be listed on the Budapest Stock Exchange from Wednesday, January 29, a resolution by...

Deals

Palkovics: Hungary has important future in drone transport

Hungary has important tasks in the field of drone transport and HungaroControl Hungarian Aviation Services Zrt. will play a big...

Deals

CPI Property Group buys Globalworth shares

CPI Property Group (CPIPG) announced the acquisition of 13,391,959 shares (approximately 6% of shares outstanding) of Globalworth Real Estate Investments...

Pharma

Szijjártó: 60% of FDI in Hungary in 2019 from East

The past 10 years have proven that the government’s Eastern Opening strategy launched in 2010 was a successful decision, said...

Deals

German Condor Airlines bought out by Polish Aviation Group

Polish Aviation Group (PGL), the owner of Polish national air carrier LOT, will take over the largest German holiday airline...

Telco

Bulgaria non-govt deposit growth speeds up in Dec

Deposits of Bulgaria’s non-government sector rose by an annual 9.7% to BGN 85.2 billion (EUR 43.6 bln) at the end...

Competition

Romania’s EximBank concludes Banca Romaneasca takeover

Romania’s EximBank (Banca de Import Export a Romaniei) has concluded the acquisition of Banca Romaneasca SA (BROM), with the submitted...

Pharma

E-cigarette liquid prices to fall

Thanks to the changes in tax rules, high-quality e-cigarette liquid products may become cheaper and more accessible to Hungarian consumers...

Retail

Peak Financial Services closes successful year

Fintech company Peak Financial Services said that it had a successful 2019, with the introduction of new services and the...

Automotive

Lithuania industrial production falls in December

Lithuania’s industrial production declined in December, led by falls in electricity output, figures from Statistics Lithuania (LS) show. Industrial production...

Office Market

BudaPart project wins two CIJ awards

The recently completed residential buildings of the BudaPart project have been awarded the "Best Residential Development" prize and the"Grand Prix"...

Incubators

Number of Happy at Workʼs Hungarian customers grow

Swedish-Hungarian startup Happy at Work says that the number of their customers outside Sweden has grown by 15% in the...

Industrial

Budapest modern industrial stock nears 2.25 mln sqm

The Budapest Research Forum (BRF) says that total modern industrial stock in Budapest and its surroundings stood at 2,246,960 sqm...

Automotive

Bosnia’s Serb Republic trade gap narrows 20% in 2019

The trade deficit of Bosnia’s Republika Srpska (Serb Republic) decreased by 20.3% on the year to BAM 1.2 billion (USD...

Logistics

Consumer, business confidence deteriorate in Jan – GKI

Economic research institute GKIʼs combined gauge of consumer and business confidence fell to -2.5 points in January from -1.1 points...

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...