Business

Sustainability

Duna House H1 profit plunges from high base

First-half consolidated after-tax profit of listed real estate firm Duna House fell to HUF 505 million, as sales dropped from...

Deals

Est Media to change name to Delta Technologies

Listed media and telecommunications company Est Media is set to change its name to Delta Technologies, according to a press...

Telco

Gross wages up 10.7% in July

The average gross monthly wage for full-time workers in Hungary rose 10.7% year-on-year to HUF 362,595 in July, the Central...

Deals

Tungsram acquires FM software developer vintoCON

Hungaryʼs Tungsram has acquired a 61% stake in vintoCON, the developer of facility management software ArchiFM, from four private individuals,...

Incubators

Untold Stories event brings Silicon Valley stars to Budapest

Untold Stories Budapest, an interactive startup event bringing star speakers such as Zach Coelius to Akvárium Klub, will be held...

Automotive

Bosnia Federationʼs industrial output falls again in August

Industrial production in the Federation of Bosnia and Herzegovina slumped 5.9% year-on-year in August, following a 4.7% drop in the...

Office Market

Aréna Business Campus showroom opens

Real estate developer Atenor says that the construction and leasing of its Aréna Business Campus development is in full swing,...

Deals

Building on a ‘Distinctive Combination’

Citi is a global bank; it’s hard to find a place where it doesn’t have a presence. But when David...

Deals

M7 sells Hungarian logistics portfolio, Atom Center

M7 Real Estate, a pan-European investor and asset manager, has announced that it has completed the sale, on behalf of...

Office Market

Futureal sells Corvin Technology Park to OTP

Futureal Group has announced the sale of the Corvin Technology Park office building, the fifth office complex developed on the...

Competition

‘Constant Dialogue’ Makes Client Workflows Smoother, More Efficient

The BBJ speaks with Gábor Fülöp, Telenor Hungary’s Business Sales and Marketing Director, about the services the company offers businesses...

Deals

New Name, Same Dedication to Service

László Vágó, CEO of NEO Property Services, talks to the Budapest Business Journal about his company’s change of name, its...

Automotive

Fox Automotive to produce MIA EV reboot in Hungary

Fox Automotive Switzerland and Phoenix Gold Resources have announced plans to launch production in Hungary of the MIA EV 2.0,...

Telco

Hungary highest spender on recreation and sports in EU

Hungary’s general government expenditures on recreational and sporting services accounted for 2.5% of budget spending in 2017, the highest rate...

Deals

Opus plans to sell Appeninn stake

Listed holding Opus Global has announced its intention to sell its 18.7% stake in real estate firm Appeninn Holding in...

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...