Business

Industrial

Land prices in Budapest skyrocketing

While building plots are traded for as little as HUF 1,000 per square meter in small settlements, in Budapest the...

Ecosystem

Govʼt to support SME job creation with HUF 5 bln

From Monday small and medium-sized enterprises can apply for HUF 5 billion of government funding to help create high value-added...

Deals

E.ON Hungária buys regional power stakes ahead of buyout offer

The Hungarian unit of German utilities giant E.ON will acquire nearly all of the shares of regional electricity distributors ELMŰ...

Competition

Kinstellar names competition and dispute resolution lawyer

Regional law firm Kinstellar has announced that Hungarian lawyer Mónika Nacsa joined the company on October 1, as a member...

Deals

Opus agrees to acquire HUF 100 bln E.ON asset in Hungary

Listed holding company Opus Global announced today (Friday) that it has agreed to acquire Hungarian electricity distributor E.ON Tiszántúli Áramhálózati...

Office Market

Skanska: Going beyond green in real estate development

Fortune magazine’s annual “Change the World” list celebrates companies pursuing socially or environmentally sustainable practices and initiatives through their core...

Office Market

Liberty: Birth of a Next-Generation Office Building

Office buildings are popping up like mushrooms in Hungary’s capital, with cutting-edge technologies vying against one another to please companies...

Office Market

Office Design and User Experience at Promenade Gardens

Architecture has always been about user experience; this is the ultimate outcome of the design process. The built environment defines...

Office Market

Building a Better, Greener Future for Budapest

The Budapest Business Journal’s Real Estate editor, Gary J. Morrell, speaks with Éva Beleznay, an architect, planner and senior sustainability...

Competition

Appreciating Hungarian Master Art Forger Elmyr de Hory

Of course, Elmyr de Hory wasn’t his real name. Which explains why, when I asked my Hungarian partner if she’d...

Automotive

Accelerating the Gradual Embrace of E-mobility

As humanity increasingly finds itself facing serious challenges related to mobility and its very sustainability, the share of electric vehicles...

Retail

Building Digital Success Through Cooperation

Japanese ICT giant Fujitsu, which is in the process of fine tuning its business model in Hungary, says it has...

Pharma

Minority Discount Explained

In their regular corporate finance column, Les Nemethy and Sergey Glekov look at the flipside of control premium, the subject...

Incubators

Text Analytics: From Working in Cafés to International Success

Neticle is a Hungarian text analytics startup, now offering its services in multiple countries and aiming to become a major...

Retail

Cybersecurity: Not all Attacks are Equal

Cyberattacks are more common that one might think and are targeting more businesses. A new survey by RSM Global summarizes...

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...