Business

Transport

Wizz Air adds Edinburgh to Budapest schedule

Hungarian low-cost airline Wizz Air announced on Monday that it will launch direct flights from Budapest to Edinburgh from December...

Competition

Malév Ground Handling scrutinized over suspected overcharging

Hungarian budget airline Wizz Air is considering cancelling its contract for services from Malév Ground Handling (MGH) at Budapestʼs Ferenc...

Telco

MOL Q2 net income up 7% y-o-y

Second-quarter net income of Hungarian oil and gas company MOL rose 7% year-on-year to HUF 77.8 billion, as it booked...

Deals

Retail sales growth accelerates to 4.3% in June

Retail sales in Hungary climbed 4.3% in June from the same month a year earlier, accelerating from a 3.0% increase...

Industrial

Hungarian section of Lake Fertő to get HUF 30 bln investment

The government has set aside HUF 30 billion in state money for infrastructural development of the Hungarian stretch of Lake...

Office Market

Atenor first to design buildings according to Access4You certification

Atenor is the first property developer to design its buildings according to the criteria of the accessibility certification and evaluation...

Deals

Szallas.hu acquires maiUtazás.hu group, Utazok.hu

Accommodation search website Szallas.hu has concluded the acquisition of the maiUtazás.hu group and Utazok.hu Kft., strengthening its position against large...

Sustainability

Nordic Light Trio Acquired by Asian Investors

Skanska has sold the 14,000 sqm Nordic Light Trio office building to JR AMC, a South Korean real estate investment...

Transport

LOT to launch direct flights to Seoul, CEE destinations

LOT Polish Airlines will launch direct flights from Budapest to Seoul, South Korea, as well as to Prague, Belgrade, Stuttgart...

Competition

New president at helm of Direct Selling Association

The Hungarian Direct Selling Association (DSA Hungary) has announced the election of its president and board, with László Endrédi taking...

Transport

Wizz Air hit by HUF 250 mln compensation bill

Hungarian low-cost airline Wizz Air has reached an agreement with Hungaryʼs Competition Office (GVH) to pay HUF 250 million in...

Transport

Qatar Airways wins 6 TripAdvisor Travelers’ Choice Awards

Qatar Airways took home six awards at the TripAdvisor Travelers’ Choice Airline Awards 2019, being named among the "World’s Top...

Incubators

Fix24.hu gets HUF 200 mln investment

Fix24.hu, an online job specialist search portal, has received a HUF 200 million investment from state-owned venture capital fund Hiventures,...

Telco

Est Media to acquire Delta Systems

Listed holding company Est Media Nyrt. revealed Tuesday it has signed a binding contract to acquire 100% of IT company...

Telco

Gross wages up 11.2% y-o-y in May

The average gross monthly wage for full-time workers in Hungary rose 11.2% year-on-year to HUF 364,400 in May, the Central...

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...