Business

Office Market

Skanska: Shaping a Futureproof Real Estate Industry

Human-centered office spaces, sustainable developments and technology innovations are at the heart of Skanska’s developments. Marcin Łapiński, managing director of...

Industrial

Budapest Office Market Seen as Sector of Choice

Against a background of strong demand fundamentals, office developers are able to take office projects forward with the confidence that...

Sustainability

Market Changes Require Flexibility From Funds

These are interesting times for the country’s property market. The Hungarian Government Bond Plus (MÁP Plusz) has drawn money out...

Office Market

Perfect Location, Complex Development Strategy: The BudaPart Offices

BudaPart is a unique investment in Budapest, which is made even more exquisite by its exceptional waterfront location and urban,...

Sustainability

Development Booming Across the Various Sectors

Demand fundamentals in the various commercial property development sectors are regarded as positive, while at the same time supply has...

Competition

Dividend Policy in Public and Private Companies

Les Nemethy and Sergey Glekov look into dividend policies for private companies, particularly SMEs....

Retail

New People, new Branches: A Focus on Customers’ Real Needs

Eastern European economies are particularly sensitive to any negative development in the world economy. According to a recent survey, morale...

Transport

Ride-sharing app Oszkár Navigating Hungary’s pot Holes

Socialite writer David Holzer looks into a Hungarian ride sharing app that seems destined to pilot it way to success,...

Construction

Driving Force for Economy Showing Signs of Weakness: Will it Last?

Both industry and the construction sector produced relatively weak data in the last month of the summer. Is this a...

Science

Hungary to partner with Huawei on 5G rollout

Hungary will cooperate with Chinese telecommunications giant Huawei to build its 5G network, Minister of Foreign Affairs and Trade Péter...

Sustainability

Budapest real estate prices at HUF 1 mln/sqm in 19 areas

There are 19 areas in Budapest where real estate prices amounted to an average of HUF 1 million per sqm...

Automotive

Serbia’s annual retail sales growth slows in September

Serbia’s retail sales increased by a real 7.3% year-on-year in September, after posting a 7.6% annual rise in the previous...

Deals

Govʼt buys arms company HDS

The Hungarian state has announced the purchase of arms company Hirtenberger Defence Systems (HDS), one of the worldʼs leading mortar...

Automotive

MOL buys stake in Azerbaijan’s ACG oil field, BTC pipeline

Hungarian oil and gas company MOL on Monday signed a deal with Chevron Global Ventures and Chevron BTC Pipeline to...

Incubators

Mr Jeff laundry franchise comes to Hungary

Spanish laundry and dry-cleaning services startup Mr Jeff has announced its entry to the Hungarian market, offering a franchise model...

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...