Business

Deals

Banks spend HUF 30 bln-40 bln preparing for instant payments

Hungarian banks have invested HUF 30 billion-40 bln in infrastructure upgrades to prepare for the launch of system-wide instant payments...

Office Market

Office leasing demand record high in 2019, BRF says

The Budapest Research Forum (BRF) says that the office vacancy rate across the Budapest office market has reached a record...

Telco

Government communications spending rises to HUF 28.2 bln

Each year the Prime Minister’s Office headed by Antal Rogán spends more on "government communications", which by the end of...

Telco

MNB swap stock to fall HUF 38 bln after tender

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

Office Market

EPAM Systems becomes 1st tenant of Forest Offices, Debrecen

EPAM Systems, a global product development, digital platform engineering, and digital and product design agency signed a 2,100 sqm new...

Telco

FDI quadrupled in past decade

About four times as many investments came to Hungary last year through the Investment Incentive Scheme than in 2009, the...

Interview

Over half million Poles want to stay in UK, British Home Office

More than half a million Polish citizens living in the United Kingdom have applied for the settled status allowing them...

Interview

16 Hungarian exhibitors showing at Grüne Woche fair

Some 16 Hungarian exhibitors are showing at this yearʼs Internationale Grune Woche farm and food fair in Berlin, where the...

Automotive

Magyar Suzuki to make only hybrid models for EU markets

Japanese car market Suzuki will produce only cars fitted with hybrid engines from this year for EU markets at its...

Office Market

Erste Real Estate Fund buys 2nd phase of Advance Tower

Property developer Futureal Group has reached an agreement with Erste Real Estate Fund regarding the sale of the second phase...

Automotive

BMW has record year in Hungary

The BMW Group closed 2019 with record sales in Hungary, up 18% from the previous year, selling a total of...

Deals

Brain business jobs in Hungary skyrocketing

Hungary has the second-highest rate of growth of knowledge-intensive occupations in all of Europe, with the number of people working...

Deals

Bolt to use EIB loan to expand services in Hungary

Taxi company Bolt will use a EUR 50 mln venture capital loan from the European Investment Bank (EIB) to start...

Automotive

Bosnia avg net monthly salary rises in November

The average net monthly salary in Bosnia and Herzegovina increased by a nominal 3.2% year-on-year in November, reaching BAM 928...

Competition

Hungary ready to join the global blockchain market

Europe is starting to take blockchain-based solutions seriously, and Hungarian players seem ready to be part of the game. 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...