Business

Industrial

Record low Vacancy on Logistics Market

The Hungarian industrial market currently has a vacancy rate of around 2.4%, a historical low in a market with a...

Competition

Budapest only 81st best city for Generation Z

A study revealing the best cities around the world for Generation Z, comprising people born in the late 1990s and...

Sustainability

Metro Properties sells 11 CEE Cash & Carry properties

Metro Properties, the real estate arm of Metro AG, has sold the real estate of 11 Metro and Makro Cash...

Telco

Daubner sees 4.2% rise in after-tax profit

The well-known Hungarian confectionery Daubner Cukrászda said its net sales in 2018 amounted to HUF 1.7 billion, some 8% less...

Competition

Femtonics equips world’s labs with high-tech microscopes

Founded by Balázs Rózsa and Gergely Katona in 2005, Hungarian biotech firm Femtonics provides high-tech microscopes to nearly 120 laboratories...

Retail

Padthai Wokbar starts home delivery

The popular Padthai Wokbar chain, currently present in the capital with seven restaurants, has announced the start of home deliveries...

Deals

Liegl & Dachser appoints customer manager

Logistics company Liegl & Dachser has announced the appointment of Zsuzsanna Thoma as customer manager, according to a press release...

Pharma

Bridgestone inaugurates upgrade, capacity expansion

Japanese tire maker Bridgestone on Tuesday inaugurated a HUF 9.2 billion technology upgrade and capacity expansion at its plant in...

Sustainability

Home sales down in August – Duna House

According to real estate agency Duna House, home sales fell 16% year-on-year in August, with 11,945 homes sold, meaning that...

Office Market

ConvergenCE buys Central Business Center

Budapest-based commercial real estate investor and developer ConvergenCE has announced the acquisition of the Central Business Center in District 2...

Pharma

NNG marks 15th anniversary

Tamás Kerecsen, CTO of infotainment tech firm NNG Kft., gave an interview to IT news site hwsw.hu marking the 15th...

Automotive

New car registrations up 21% in August

The Hungarian Association of Vehicle Importers (MGE) says that new car registrations in Hungary this August increased 21% from a...

Office Market

JLL renegotiates Skyscanner’s leasing terms

International travel search portal Skyscanner will continue to operate on 1,000 square meters in the K6 Office Building in Budapest,...

Telco

Alteo releases H1 earnings, announces planned bond issue

First-half consolidated after-tax profit of listed alternative energy firm Alteo Nyrt. rose 37% year-on-year to HUF 483 million, lifted by...

Deals

Cirelli, van Rossum join MET Group board

Swiss-based Hungarian energy company MET Group has announced the appointment of two members to its board of directors effective September...

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...