Business

Deals

Stadler to make bid for Dunakeszi Járműjavító

Swiss rolling stock company Stadler is to manufacture the last 21 "KISS" double-decker trains ordered by Hungarian state railways MÁV...

Office Market

KNP LAW Nagy Koppány Lencs & Partners moves to Palazzo Hunyadi

Law firm KNP LAW Nagy Koppány Lencs & Partners have moved into their new headquarters in Palazzo Hunyadi earlier this...

Logistics

Consumer, business confidence improves in November – GKI

Economic research institute GKIʼs combined gauge of consumer and business confidence rose to 2.8 points in November from -0.7 in...

Telco

Salami prices skyrocket due to swine fever

The average price for a kilogram of winter salami has grown by 8% over the course of a single week,...

Automotive

S. Korea’s Kyungshin to invest in central Serbia?

Representatives of the South Korean company Kyungshin, which plans to invest EUR 24 million in a car battery factory, have...

Interview

Eco-friendly transport discussed at global conference in Warsaw

Politicians, businessmen and experts from around the world have discussed ways of developing eco-friendly electric transport at an international conference...

Deals

Croatia wants INA due diligence prior to MOL stake purchase

Croatia’s oil and gas group INA said in a statement posted on the Zagreb Stock Exchange (ZSE), that the Croatian...

Competition

Village-dwellers eligible for VAT refunds on home investments

Finance Minister Mihály Varga on Friday said Hungarians who build, expand or renovate homes in villages may apply for VAT...

Deals

Sziget documentary ʼWheels of Madnessʼ debuts

Austrian film production company Das Rund Filmproduction debuted a film the Sziget Festival adventures of Gal Mizrachi, a young man...

Deals

Chinaʼs COSCO acquires stake in Budapest cargo terminal

Chinaʼs COSCO Shipping on Wednesday acquired a more than 15% stake in Rail Cargo Terminal-BILK, the Hungarian unit of Austriaʼs...

Telco

Hungary farm sector output reaches HUF 2.693 tln in 2018

Gross output of Hungaryʼs agriculture sector rose 3.7% to HUF 2.693 trillion last year, Hungarian news agency MTI says, citing...

Automotive

Moldova industrial output surges in September

Moldova’s industrial production growth picked up to 9.3% year-on-year in September from a revised 0.4% in the previous month, boosted...

HR

Share of temps half of EU average

The share of employees aged 15-64 with a temporary employment contract stood at 6.6% in Hungary in Q2 2019, just...

Retail

Black Friday at eMag to bring HUF 3.2 bln of discounts

Online retail company eMAG is preparing for its Black Friday promotion on November 22 with some 700,000 promotional products, and...

Retail

Customers pay more attention to bakery products

According to a recent online study covering the population aged 18-65, there is an increasing demand for a healthier lifestyle...

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....