Business

Pharma

Biomanufacturer Conagen to build plant in E Hungary

U.S.-owned metabolic engineering company Conagen on Wednesday announced plans to build a HUF 15 billion plant in Kaba (eastern Hungary),...

Transport

Wizz Air to launch Budapest flights to Brussels, Kharkiv, Lviv

Hungarian budget airline Wizz Air will launch flights from Budapest to Brussels International Airport, and to the Ukrainian cities of...

Sustainability

FLE purchases French Embassy building

Vienna-based FLE GmbH, a company of the French LFPI Group, has acquired its eighth property in Budapest, the building hosting...

Telco

Deficit reaches 51.2% of full-year target in August

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 510.8 billion deficit at the end of August, reaching...

Deals

New head at Generali Fund Management

Gergely Horváth, the current CFO and deputy CEO of Generali Insurance Zrt., is set to take over as CEO of...

Deals

The transparency of performance marketing

Being online is indispensable today, but there are ways to increase your company’s visibility. Brand awareness and performance marketing are...

Telco

Lendersʼ H1 profits down 1% to HUF 322 bln as costs rise

Hungarian lendersʼ consolidated combined first-half after-tax profit slipped 1% year-on-year to HUF 322 billion as costs rose, sector data released...

Telco

Higher sales volume, narrower financial loss lift PannErgy profit

Higher sales volume and a smaller financial loss boosted listed alternative energy company Pannergyʼs first-half after-tax net income to HUF...

Competition

Market Talk: ICT, a Sector of Rapid Change

The Information and Communications Technology sector is one of the most, if not the most, dynamically developing verticals, not just...

Telco

Hiventures launches venture capital unit for overlooked SMEs

Hiventures, the venture capital fund manager of the Hungarian Development Bank (MFB), has announced the creation of a unit with...

Office Market

Two-thirds of Hungarians want better working environment

About two-thirds of people in Hungary would applaud improvements in their working environment, according to a survey conducted in Hungary...

Retail

AI could affect 900,000 jobs in Hungary

According to a study by PwC Hungary, the disruptive effects of Artificial Intelligence (AI) will be felt in Hungary starting...

Retail

Found in Translation: MemoQ Software

Formed by three Hungarian language technologists more than 15 years ago, memoQ is one of the world’ s fastest developing...

Retail

Hot Ideas, Even Hotter Sauces

Chilion is a Hungarian brand manufacturing chili sauces, and is already earning accolades internationally. The Budapest Business Journal sat down...

Sustainability

Busy Year Expected for Investors

An increasing number of international investors have made acquisitions in Hungary, even as activity by domestic funds takes around 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...

Futureal Acquires Hungary’s Largest Outlet Center

Futureal has acquired Premier Outlet Budapest, Hungary’s largest outlet center, as it expands its Hungarian operations into direct investment in...

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...