Business

Sustainability

Healthy Interest in CEE From Investors

In the first three quarters of 2019, the CEE region (Hungary plus Bulgaria, the Czech Republic, Poland, Romania, and Slovakia)...

Office Market

HuGBC Promotes Concept of Circular Economy

The Hungarian Green Building Council (HuGBC) celebrated its 10th anniversary with its Green Future Conference 2019 on the theme of...

Incubators

StartersHub announces CEE startup investment program

StartersHub, an early-stage tech investment fund, headquartered in Istanbul and San Francisco, has announced plans to back 60 promising Eastern...

Telco

Value of card purchases up, but still under cash withdrawals

The value of Hungariansʼ purchases with bank cards continued to climb in the double-digits in the third quarter, but reached...

Sustainability

Duna House: residential property market to increase 3-7%

Real estate holdings group Duna House expects a drop in turnover but a 3-7% overall increase in the residential property...

Competition

Competition Office fines Vodafone nearly HUF 1.2 bln

Hungaryʼs Competition Office (GVH) on Saturday said it fined Vodafone Magyarország almost HUF 1.2 billion for false advertising, state news...

Competition

Firefighters union decries “tricky” pay raise

Despite continuous recruitment, firefighters are facing increasing shortages and severe wage tensions between firefighter salaries and starting salaries and allowances...

Sustainability

Wing becomes majority owner of Echo Investment

Hungarian property company Wing is now the majority owner of Polish real estate developer Echo Investment, a company traded on...

Automotive

Romanian industrial production declines in October

Romania’s industrial production declined in October, driven by a decline in energy sector, data from the Bucharest-based National Institute of...

Retail

Plans to modernize McDonald’s Hungary

The owner of McDonald’s Corporation’s Hungarian company has told portfolio.hu that he wants to create more modern restaurants, new and...

Telco

Expressway to Ferenc Liszt Airport could be renovated by 2024

A feasibility study on the renovation of the expressway connecting the main parts of Budapest to Ferenc Liszt International Airport...

Deals

INA boards clear USD 600 mln refinery upgrade

Hungarian oil and gas company MOL on Thursday said the boards of its Croatian unit INA approved a HRK 4...

Construction

Construction sector output up 20.5% in October

Output of Hungaryʼs construction sector climbed 20.5% year-on-year in October, Hungarian news agency MTI says, citing unadjusted data released by...

Deals

AutoWallis signs coop deal with Iniciál Group

Listed auto trader AutoWallis has concluded a cooperation agreement with the founder of Western Hungary’s automotive retailer, the Iniciál Group,...

Deals

Köki shopping mall to undergo renovation

The buyer of Köki Terminal shopping mall, Adventum International announced large-scale renovations for the South Pest shopping center. Real estate...

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....