Business

Deals

Labor Shortage Hindering Logistics Sector

The logistics sector in Hungary suffers from a serious labor shortage, which is not a novelty but rather a tendency...

Fintech

Mastercard Advisory brings regional center to Budapest

Mastercard Advisors, the corporate strategy advisory branch of Mastercard, is set to bring one of its European centers to Budapest,...

Ecosystem

TIP program to boost innovation ecosystem capacity

The National Research, Development, and Innovation Office with the cooperation of the Ministry of Innovation and Technology announced the launch...

Telco

Plusz bond stock nears HUF 2,400 bln

Subscription of Hungarian Government Securities Plus bonds for retail investors reached HUF 114.6 billion in the twentieth week after their...

Competition

MNB reminds bank clients of data reconciliation deadline

A spokesman for the National Bank of Hungary (MNB) has reminded bank clients of the October 31 deadline for complying...

Industrial

Commercial property investments at EUR 0.6 bln in H1

The value of commercial real estate investments in Hungary rose from a low base by 58% annually to EUR 0.6...

Competition

Uber and Bolt get operating licenses in Romania

Two of the ridesharing platforms present in Romania, Uber and Bolt, have already obtained the operating permits in line with...

Deals

Eva Air picks Hungarian marketing, sales representation

Taiwan-based airline Eva Air has choosed the Hungarian office of Central European Aviation Solutions (CEAS) to handle sales and marketing...

Deals

SAP names communications head for Hungary and SEE

SAP has announced the appointment of Zsuzsa Halpert as head of communications, responsible for both the internal and external communications...

Office Market

BRF reports record low office market vacancy rate

According to the latest quarterly report of the Budapest Research Forum (BRF) , the Hungarian capitalʼs office vacancy rate decreased...

Competition

Japanese group to invest EUR 125 mln in Romanian bearing plant

Japanese group JTEKT is to invest EUR 125 million in expanding production at its bearing factory, Koyo Romania, located in...

Industrial

Take-up of industrial property up sharply in Q3

Take-up on Hungaryʼs industrial property market rose 42% year-on-year to almost 155,000 square meters in the third quarter, the Budapest...

Pharma

4iG on course with T-Systems acquisition, says CEO

IT firm 4iG has completed the first phase of due diligence at T-Systems Hungary in a period of three months...

Sustainability

Wing to buy majority stake in Poland’s Echo Investment

Leading Hungarian property development and investment company the Wing group has announced the sealing of a deal regarding the complete...

Office Market

Double win for TriGranit at International Finance Awards

Real estate developer TriGranit took home two awards at this yearʼs International Finance Awards, winning the “Best Real Estate Development...

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...