Business

Deals

CEE’s No. 1 Office Tenants Drawn by Problem Solving, Costs and Efficiency

SSCs are a key component of demand in the office sector and a vehicle for inward investment across CEE. Gary...

Competition

Shared Services Evolving Into Global Business Services

The shared services center sector, on a steep uphill climb in Hungary and the region, has seen a new acronym...

Pharma

Focus on Curiosity, Creativity and Complex Problem-solving Skills

The business services sector (covering business process outsourcing (BPOs) and business Services centers, or BSCs) has become one of the...

Deals

The BT Brand: Creating a Unique Environment

The Budapest Business Journal talks with Zoltán Szabó, general manager of the BT Regional Operations Centre, about what the British-based...

Deals

Countryside Case Study: BP in Szeged

The story of BP in Szeged dates back to 2015. By then, the British-based multinational’s service center in Budapest, which...

Deals

Market Talk: Maturity is key to SSC Growth

In the past decades, the recognition of shared service centers in Hungary has improved from the traditional “back-office” view to...

Competition

Divide and Conquer: The Growing Role of the COI

A chief information officers’ conference in Budapest on November 6 looked at how the CIO role has changed, and what...

Pharma

Continental is working on the tires of the future

Technology company Continental, best known for its premium and award-winning tires, is also one of the leading automotive suppliers in...

Retail

Black Friday and Holiday Shopping Habits

November may seem early to start thinking about Christmas gifts, but it is actually dangerously close to the 24th hour,...

Deals

New Leadership at KPMG Facing Changing Business Environment

Big Four advisory agency KPMG’s Hungarian subsidiary turned a page on October 1, when long-term head Robert Stöllinger stepped down,...

Office Market

Alphagon Offices Achieves German ‘Gold’ Accreditation

The Central Europe developer Teichmann & Compagnons has been awarded ÖGNI “Gold” pre-certification for its 4,700 sqm Alphagon Offices, the...

Industrial

Work Starts on Speculative Build at Budapest Logistics Park

Leading regional industrial developer Prologis has started work on a rare speculative building at Prologis Park Budapest-Harbor....

Automotive

Whopping Industrial Figure to Lift Full Year GDP

Following weak end-of-summer data, Hungarian industry caught up in September, basically showing no sign of any negative impacts from the...

Deals

Nokia to create 120 IT jobs via new competence center

Telecommunications and IT company Nokia announced the creation of a new IT competence center in Budapest, meaning that some 120...

Transport

Wizz CEO escalates war of words with Lufthansa

Wizz Air CEO József Váradi blasted German airline Lufthansa and its chief executive Carsten Spohr for attacks on low-cost airlines...

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...