Business

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...

Automotive

Latvia industrial production falls in November

Latvia’s industrial production fell for the first time in four months in November, data from the countryʼs Central Statistical Bureau...

Interview

BKV employees call for 15% pay raise in 2020, hint at strikes

Last year, BKV raised wages less than it should have, so employees now want a 15% increase, Gábor Naszályi, president...

Automotive

Estonia industrial production falls in November

Estonia industrial production declined for the sixth month in a row in November, data from Statistics Estonia (SE) showed on...

Deals

Greater support for families with type 1 diabetes arrives

Support for families with children who have type one diabetes came into effect last week, Ildikó Horváth, the State Secretary...

Sustainability

Home loan outlays fell in November

Hungarian banks signed contracts for HUF 73.44 billion of new home loans in November 2019, 9% less than in October...

Deals

Industrial producer prices rise by 2.1% in November

Industrial producer prices as a whole were 2.1% higher in November 2019 than in the same period of the previous...

Telco

Gross earnings at HUF 365,100

Full-time employees’ average gross nominal earnings amounted to HUF 365,100 in Hungary in October 2019, some 11.6% higher than a...

Telco

Corporate lending stock of banks up in November – MNB

Corporate lending stock of Hungarian banks rose in November from the previous month with nearly 30% of the increase reflecting...

Telco

Retail lending stock of banks up in November – MNB

Retail lending stock of Hungarian banks was up HUF 77.4 billion at nearly HUF 7.022 trillion in November from the...

Automotive

New car registrations climb 15.6% in 2019

New passenger car registrations in Hungary rose 15.6% year-on-year to 157,906 in 2019, state news wire MTI reports, citing statistics...

Deals

GVH fines imaging diagnostic tools manufacturers for cartel activity

Hungaryʼs competition office GVH has fined a number of companies manufacturing and marketing imaging diagnostic products (like MRI, CT and...

Telco

Gen govʼt deficit at HUF 41 bln in Q1-Q3 2019

According to preliminary data, the deficit of the general government sector in the Q1-Q3 2019 was HUF 41 billion, 0.1%...

Sustainability

Nearly 150,000 real estate transactions took place in 2019

According to estimates by real estate services firm Duna House, some 10,127 real estate transactions took place in December 2019...

Deals

Digi, AMC seal last minute deal

Digi and AMC Networks International – Central and Northern Europe (AMCNI CNE) announced a last-minute agreement involving the distribution of...

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....

Citi Appoints Zoltán Schwardy as Country Officer and Banking Head for Hungary

Citi has announced the appointment of Zoltán Schwardy as Citi country officer (CCO) and banking head for Hungary, effective Sept....

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....