Business

Sustainability

Panel house market momentum slows

A slowdown has arrived even for the cheapest available panel flats, says piacesprofit.hu. The 5% rise in Budapest prices over...

Telco

EST Media closes tie-up giving Deltagroup backdoor listing

Listed EST Media on Wednesday said it closed transactions that make IT company Deltagroup Holding its majority owner, state news...

Deals

PRoPART Projectʼs automotive RTK solution demo successful

After 24 months of work, H2020 project "PRoPART", funded by the European Global Navigation Satellite System Agency (GSA), was successfully...

Telco

Banking sector liquidity rose in November – MNB

Forint liquidity of Hungaryʼs banking sector rose in November from a month earlier, which was mainly reflected in an increase...

Automotive

Slovak industrial output contracts in October

Slovakia’s industrial production plunged 3.9% from a year earlier in October, following a 2.5% decline in the previous month, figures...

Automotive

Slovenia industrial output growth quickens in October

The growth of Slovenia’s industrial production accelerated to 2.7% year-on-year in terms of value in October, from 1.9% in September,...

Telco

Fines for GDPR data breaches total HUF 87 mln this year

Hungaryʼs data protection authority NAIH levied fines of a combined HUF 87 million over violations of the European Unionʼs data...

Incubators

Design Terminal launches X-Europe program

With world-renowned Dutch The Next Web and with three other leading organizations of the European startup life, Design Terminal is...

Deals

4iGʼs T-Systems Hungary acquisition falls through

Talks on the sale of T-Systems Hungary to 4iG have been terminated, T-Systems Hungary parent Magyar Telekom and 4iG said...

Competition

Internet subscription numbers slightly up in Q3

The number of internet subscriptions in Hungary rose by 3.5% in the third quarter of 2019 from a year earlier...

Deals

Magyar Posta launches HUF 4.2 bln letter tracking system

Hungaryʼs minister without portfolio for managing state assets has announced the rollout of a real-time electronic tracking system for registered...

Deals

E.ON boosts stakes in ELMŰ, EMÁSZ in mandatory offer

The local unit of German utilities giant E.ON has raised its stakes in regional electricity distributors ELMŰ and EMÁSZ in...

Telco

Energy trader MET interested in ČEZ’s Romanian wind farm

MET România Energy, part of Switzerland-mased MET, one of the largest energy suppliers on the free market, is interested in...

Industrial

Czech Reico investiční acquires Industrial Park Dubnica stage II, in Slovakia

REICO investiční společnost České spořitelny a.s. has acquired the industrial park Dubnica II in Slovakia from Invest4SEE Investment Holding GmbH,...

Deals

Budapest Becoming a top Spot for Winter Travel

Budapest can look forward to a strong Christmas and winter tourist season, with flight bookings to the Hungarian capital from...

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....