Business

Pharma

Bosch opens engineering center in Sofia

German group Bosch said on Tuesday it has opened an engineering center in the Bulgarian capital of Sofia. It will...

Pharma

K&P Chem to set up HUF 5 bln plant

K&P Chem announced plans on Thursday to establish a HUF 5.1 billion plant that will make base ingredients for cosmetics...

Office Market

Futureal starts last office project on Corvin Promenade

Hungary-based property developer the Futureal Group has commenced development of the final office complex, Corvin7, on the Corvin Promenade development...

Deals

MOL in talks for USD 2 bln Chevron stake in Azeri oilfield

Hungarian oil and gas company MOL is in talks to acquire U.S. energy giant Chevron’s stake in a major oilfield...

Deals

Taylor Wessing names CEE co-head of life sciences

Barbora Dubanská has been appointed the new CEE co-head of the life sciences team of international law firm Taylor Wessing...

Telco

SBS lays cornerstone of HUF 2 bln assembly hall

Hungaryʼs SBS Kft., which makes frames, booms and other welded structures for mining, construction and farm machines, laid the cornerstone...

Transport

Ferenc Liszt passenger numbers rise 6.8% in Q3

Passenger numbers at Budapestʼs Ferenc Liszt International Airport rose 6.8% year-on-year to 4.7 million in the third quarter of the...

Interview

Tesla opens 1st official showroom in Czech Republic

U.S. electric car maker Tesla has opened its first showroom in the Czech Republic, the public service station Czech Radio...

Sustainability

CEE real estate market bolstered by overseas capital

The CEE real estate market is enjoying an unprecedented inflow of overseas capital ranging from South Africa to Asia, according...

Competition

Hungary 47th on WEF Global Competitiveness Index

Hungary places 47th of 141 countries in the annual competitiveness ranking compiled by the World Economic Forum (WEF). Hungary moves...

Transport

Wizz Air to Nearly Triple Fleet, go Intercontinental by 2028

Wizz Air has 271 aircraft on “firm order”, meaning the budget carrier’s total fleet is set to grow to 300...

Sustainability

Cordia to build another 2,600 homes in Poland

Hungarian residential property developer Cordia, a member of the Futureal group, has announced plans to build a further 2,600 homes...

Sustainability

Duna House feels impact of Plusz bonds on Q3 sales

Listed real estate agency Duna Houseʼs revenue from commissions edged down 2% year-on-year in the third quarter as a fall...

Pharma

Private child daycare prices show significant differences

Prices of private child daycare facilities fluctuate widely depending on location, household finances site penzcentrum.hu reports....

Industrial

Magnus Aircraft inaugurates production hall in Pécs

Hungarian light airplane manufacturer Magnus Aircraft has inaugurated a 5,100 square-meter production hall at its airport base on the outskirts...

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...