Business

Logistics

Business confidence down, consumer confidence up in Dec – GKI

Economic research institute GKIʼs combined gauge of consumer and business confidence fell to -1.1 points in December from 2.8 points...

Telco

Fuel prices go up today

Hungarian oil and gas giant MOL will raise the wholesale price of gasoline by HUF 2 today, while the price...

Interview

Are MÁV and Volán set to merge under Technology Ministry?

MÁV-VOLÁN National Transport Company Nonprofit Zrt. may end up becoming the name of a holding company that would combine the...

Incubators

Umbrella agreement to support startups

The Hungarian Export Promotion Agency (HEPA) and global business incubation program Startup Campus on Thursday announced an umbrella agreement that...

Construction

40 largest construction companies in Poland post a record PLN 50 bln in revenue

The top 40 construction companies operating in Poland posted a record aggregate revenue in 2018, breaking the previous revenue high...

Retail

Czech online supermarket Rohlik.cz expands to Hungary

The largest Czech online supermarket Rohlik.cz has opened up a new online food store in Hungary. Called Kifli.hu, the website...

Deals

New law to boost private investment, expert says

A "Christmas surprise" is coming for private investors and their asset managers in Hungary, because the institutional structure will loosen...

Pharma

Hungary in running for new Huawei factory

Vu Pi-jiang, managing director of Huawei’s Hungarian subsidiary, said in an interview with leading business daily Világgazdaság that Hungary will...

Interview

Polish PM unveils plan to block kids’ access to online porn

Poland’s Prime Minister, Mateusz Morawiecki, has announced an all-encompassing effort to prevent children from accessing porn online, Polish Radio has...

Automotive

Czech producer price inflation steady in November

The Czech Republic’s producer price inflation remained stable in November, figures from the Czech Statistical Office (CZSO) show....

Telco

EBRD to lend EUR 58 mln to build Kosovo’s biggest wind farm

Israeli developer Enlight Renewable Energy has secured EUR 58 million in funding from the European Bank for Reconstruction and Development,...

Deals

OMV Petrom buys stake in Bulgarian offshore project from parent company

Romania’s top oil and gas group OMV Petrom will take over the 30% stake in an offshore project in Bulgaria...

Ecosystem

Research and innovation management courses announced

Corvinus University of Budapest and the University of Pannonia announced the launch of courses in research and innovation management, according...

Competition

Fewer Hungarian companies reporting labor shortage concerns

In Hungary, fewer companies are complaining about not finding the workforce they need, according to the latest surveys, writes portfolio.hu....

Retail

Westend Shopping Center Continues to Blaze Pioneering Trail

Westend remains the premier meeting and shopping place in Budapest and is well positioned to ward off the challenges 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...

Revolut Links Service Disruption to Google Cloud Outage

Revolut has attributed its Oct. 20 service disruption to a Google Cloud outage, telling customers that normal operations were restored...

Serbia Says MOL Deal for NIS Stake Signed; MOL Reports No Disclosure Update

A contract for MOL’s acquisition of a stake in Serbian oil and gas company NIS from Russia’s Gazprom Neft has...

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...