Business

Telco

BSE turnover up in November

Share turnover on the Budapest Stock Exchange reached HUF 227 billion in November, up from HUF 219 bln in October...

Deals

EUR/HUF exchange rate of 340 incoming, ING says

According to a forecast by Amsterdam-based multinational banking and financial services company ING, the Hungarian forint is set to weaken...

Retail

Eating out, Hungarians spend HUF 2,900 on average

Hungarians spend about HUF 2,900 per person when they go out to eat, according to a survey by coupon company...

Deals

Severe weather warning in effect as winter arrives

The Hungarian Meteorological Service (OMSZ) released orange (grade two) severe weather warnings for several counties due to the possibility of...

Ecosystem

Mastercard reveals Infrastructure Development Program

Mastercard has announced a three-year Infrastructure Development Program, aiming to raise the number of Hungarian businesses that accept credit cards...

Deals

CIG Pannónia, Opus to cease cross-ownership

Insurer CIG Pannónia and holding company Opus Global on announced plans to cease their cross-ownership, state news wire MTI reports....

Telco

Gross earnings up 11.8% year-on-year

In September 2019, average gross earnings in Hungary amounted to HUF 360,700, 11.8% higher than a year earlier, according to...

Retail

Colin Farrellʼs Budapest Kebab of Choice

There are a staggering number of kebab shops in Budapest. Staggering being the operative word because, for many of us,...

Retail

Beware This Christmas as Online Fraud Expands

As our smartphones become a gateway to virtually any errand that we might need to run, online transactions are on...

Retail

Hungarian Online Retail Expands Rapidly

The Hungarian online retail market is now catching up with international peers. As Black Friday and the Christmas Holidays bring...

Incubators

IT Startup Aims for top With Customized Services

Tappointment has evolved from offering a smartphone-based appointment reservation system to delivering customized, creative IT services to clients, and is...

Retail

Fintechlab Design Summit: Digital Banking Success Stories

Founded in 2016, the MKB Fintechlab Innovation Lab and international startup incubator celebrated its third anniversary in October. The FinTech...

Interview

Coalition leaders in Czech Rep. agree to raise minimum wage

The leaders of parties in the coalition government have agreed to raise the Czech minimum wage by CZK 1,250 to...

Telco

MKB Bank profit climbs 43% in Q1-Q3

After-tax profit of MKB Bank rose 43% year-on-year to HUF 36.2 billion in Q1-Q3, an earnings report released Thursday shows,...

Industrial

CTP Announces Speculative Developments

The CEE industrial developer and logistics park operator CTP has announced plans to build around 150,000 sqm of speculative industrial...

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....