Business

Deals

BKV to recoup damages for faulty Russian metro carriages

The Budapest Public Transport Company (BKV) on Thursday said it will recoup damages caused by faulty renovated carriages earlier delivered...

Deals

Warning garbage may pile up in Budapest

Imre Mártha, chairman of the supervisory board of Budapest’s Metropolitan Public Area Maintenance Company (FKF Nonprofit Zrt.) has told Infostart...

Competition

Szecskay Attorneys at Law appoints new partner

Szecskay Attorneys at Law announced the promotion of Adrienn Tar to partnership, with the expert now responsible for the firmʼs...

Sustainability

Duna House commissions revenue down 8.9% in Q4

Commissions revenue of listed real estate broker Duna House fell 8.9% year-on-year to HUF 1.9 billion in Q4, Hungarian news...

Deals

Obton to buy 15-MW ReneSola portfolio

Solar project developer ReneSola has agreed to offload a 15-megawatt (MW) solar portfolio in Hungary to Denmark-based renewables investor and...

Interview

Czech bankruptcies up again after six-year drop

The number of bankruptcies of companies and entrepreneurs increased in 2019 after a six-year decline, according to the Czech Credit...

Deals

New managing director at Ford Hungary

Ford announced the appointment of Attila Szabó as the new managing director of Ford Hungary, starting this month, replacing Viktor...

Telco

Debrecen BMW to recruit locally in spring

András Salgó, corporate communications manager for BMW Group Hungary, said that the construction of the factory in Debrecen (225 km...

Sustainability

Duna House acquires Polish loan broker

Duna House Groupʼs fully-owned subsidiary Metrohouse Franchise S.A. has signed an acquisition agreement in Warsaw, becoming the sole owner of...

Retail

Czechs spent CZK 155 bln on online shopping last year

Some CZK 155 billion (EUR 6.14 billion) were spent by Czechs shopping online in 2019, Czech Radio said, citing a...

Retail

Poland’s occupational pension system expands

Poland last year launched a new system of voluntary, employer-sponsored pension plans (the so-called Employee Capital Pension System or PPK)...

Automotive

Industry insiders augur stagnating new car sales

The Hungarian Association of Vehicle Importers (MGE) expects new car sales this year to reach 155,000, slightly under last yearʼs...

Telco

MNB swap stock remains unchanged after tender

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

Industrial

First Jumbo Jet arrives at BUD Cargo City

Budapest Airport announced that its logistics center BUD Cargo City has officially begun its operation after successfully receiving a shipment...

Deals

Lime users travel 1.3 mln km in Budapest since July

E-scooter company Lime says that its users in Budapest have traveled some 1.3 million kilometers (more than three times 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...