Business

Pharma

Tata Consultancy Services expands in Budapest

Indiaʼs Tata Consultancy Services (TCS) on inaugurated a digital competency office in Budapest this week, expanding its activities in the...

Telco

Tax revenue jumped 5% in 2019

According to preliminary estimates, the general government deficit-to-GDP ratio was below the EU benchmark for the eighth consecutive year, which...

Telco

Retail govʼt security stock grows in Q4, lifted by Plusz bond

Outstanding stock of forint retail government securities rose HUF 281.5 billion to HUF 9.074 trillion in the fourth quarter of...

Industrial

1st time buyers account for nearly quarter of home purchases

Government measures supporting families with children have raised the proportion of first-time homebuyers to 22% in the capital and 24%...

Competition

Internet services firm IONOS debuts in Hungary

IONOS, a company belonging to the international United Internet consortium has entered the Hungarian market, offering a wide range of...

Deals

Citi Hungary names new head of commercial banking business

Citi Hungary announced the appointment of Balázs Toldi as the head of its commercial banking business (CCB) effective January 16,...

Deals

TITAN Containers inaugurates another self-storage in Hungary

Denmarkʼs TITAN Containers inaugurated a self-storage space on the outskirts of Tatabánya (49 km west of Budapest) on Thursday, state...

Automotive

Poland industrial production recovers in December

Poland’s industrial production rose at a slower-than-expected rate in December, figures from the Warsaw-based Central Statistical Office (GUS) showed. Industrial...

Transport

Wizz Air announces direct flights to Santander

Discount airline Wizz Air announced the launch of direct flights from Budapest to Santander, starting June 2, increasing the number...

Deals

Mattheisen becomes board member at CyBERG

Microsoft Hungary general manager Christopher Mattheisen is joining the board of CyBERG, the company which operates social digital restaurant chain...

Retail

IKEA to open pickup spots in the countryside

Swedish furniture retailer IKEA announced its 2020 plans for the Hungarian market, which includes the opening of four non-branded pickup...

Automotive

Slovenia producer inflation rises in December

Producer prices in Slovenia increased 0.6% year-on-year in December 2019, following a 0.5% rise in the previous month, figures from...

Interview

Czech couple to donate CZK 200 mln to students

A Czech married couple have pledged to donate CZK 200 million (EUR 7.97 million) to dozens of chemistry and science...

Sustainability

EUR 1.72 bln invested in real estate last year

Last year, EUR 1.72 billion was invested in the domestic real estate market, according to the latest analysis from real...

Telco

Gen govʼt deficit reaches 122% of full-year target for 2019

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.219 trillion deficit at the end of December, the...

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...