Business

Retail

Online Stores Take Growing Slice of Fashion Market

When shopping for clothes, most people in Hungary still prefer traditional shops; indeed, last year, turnover grew to more than...

Office Market

Sustainability Accreditation the Commercial Norm Across Region

Accreditation for commercial real estate developments from an independent, third-party sustainability organization is now very much the norm for development...

Telco

Competition Office clears Közgép-Duna Aszfalt merger

Hungaryʼs Competition Office (GVH) has cleared the merger of construction company Közgép with industry peer Duna Aszfalt, a resolution posted...

Office Market

Accredited Buildings Require Sustainable PM and FM

Market analysts say they see a need for professionals with a knowledge of sustainability issues and integrated PM and FM...

Office Market

WELL Accreditation Reflects Concerns With Interiors

Developers are becoming ever more interested in interiors and tenants with the perceived wellbeing of staff in office centers and...

Office Market

Locational Issues Central to a Sustainable City

Location is a central element of sustainability accreditation, as tenants and staff require office developments with direct public transport access...

Office Market

Market Talk: Sustainability Issues in Office Development

What drives sustainability issues in Budapestʼs office developments? Is “being green” really a pre-requisite, rather than a marketing plus point?...

Retail

SAP Hungary: Leveraging the Future Today

For years, artificial intelligence has been a staple of the sci-fi world, albeit one placed firmly in the future. But...

Deals

Metro Properties Concludes CEE Sale-and-leaseback Deal

Metro Properties, the real estate arm of Metro AG, has sold the real estate of 11 Cash & Carry stores...

Sustainability

Positive Indicators Continue in CEE Real Estate Markets

The region remains a popular investment destination as investment flow volume into the CEE-6 (Bulgaria, the Czech Republic, Hungary, Poland,...

Transport

Wizz Air head says Brexit is chance to grow airline

József Váradi, the chief executive officer of Hungarian low-cost airline Wizz Air, says he does not expect Brexit to disrupt...

Sustainability

Cordia starts Spain pilot project, grows CEE presence

Property developer Cordia, the residential arm of Hungaryʼs Futureal Group, says it is increasing its capital exports and foreign investments,...

Pharma

Krones inaugurates HUF 15 bln plant in Debrecen

German packaging and bottling machine manufacturer Krones on Wednesday inaugurated a HUF 15 billion factory, its first European plant outside...

Pharma

BP SSC marks 10th year in Hungary

U.K. oil and gas company BP marked the tenth anniversary of its shared services center (SSC) in Hungary at a...

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...